powered by logo

Forums

Deposit

Corporate & Other Laws

answered on 12-Mar-22 22:12

What is the meaning of black underlined sentence?

latest answer

To the extent of annual salary, it would not be considered as deposit

Sumita Shah

Sumita Shah

CA Inter

2K+

1

488

Doubt

Indirect Taxation

answered on 14-Mar-22 17:09

What is the difference between distinct person and establishment of distinct person.....?

latest answer

Welcome

Sri kanaga Varshini

Sri kanaga Varshini

CA Final

3K+

9

531

Other services by composition tax payer:-

Indirect Taxation

answered on 12-Mar-22 18:06

Value of any other services = 10% of turnover in state in preceeding FY (or) 5L - whichever is higher. In this sentence, Please explain, what is "value of other service"?

latest answer

In general, service provider cannot opt for regular composition scheme. However, if any trader or manufacturer or restaurant service provider opts for composition scheme he can continue under composition even if he provides any other services provided the value of that other service does not exceed 10% of turnover in state in preceeding FY or 5L whichever is higher.

Girinath A

Girinath A

CA Inter

765

1

533

Exam form

Exams

answered on 13-Mar-22 20:27

In dec 21 attempt I gave Group 1 that time I have given declaration of 9 months completing articleship now I want to give may 22 attempt and I terminated my articleship should I need to still upload declaration... How can I fill form

latest answer

Fresh declaration needed.

Devendra Singh Chundawat

Devendra Singh Chundawat

CA Inter

945

5

493

Composition scheme - other services

Indirect Taxation

answered on 12-Mar-22 18:07

FY 18-19:- Turnover from trading = 50L Turnover from other services = 30L Aggregate turnover = 50L or 80L?

latest answer

Aggregate turnover covers all taxable, exempt, inter state and exports on all India basis under same PAN. {Section 2(6)}.

Girinath A

Girinath A

CA Inter

765

2

413

SRO number

Exams

answered on 12-Mar-22 15:49

Will my SRO number change if i have revalidated my ca intermediate registration?

latest answer

No

Ashwathi selvanathan

Ashwathi selvanathan

CA Inter

2K+

1

547

AS - 2 "Valuation of Inventories"

Accountancy

answered on 12-Mar-22 16:23

As per AS -2 "Valuation of Inventories" , Inventory should be valued at lower of __________ whichever is lower. 1. Cost and NRV 2. Cost or NRV Which is correct ? I think option 1 is right , but in the ICAI CA Inter study material , in some areas it is written as "Cost or NRV". Kindly clarify and I hope it is not an irrelevant question. Thanks in advance.

latest answer

No option 2 is correct ..cost or nrv whichever is lower

Avasarala Vivek Aditya

Avasarala Vivek Aditya

CA Inter

6K+

2

664

Minor

Indirect Taxation

answered on 12-Mar-22 18:12

Can a minor get its business registered under gst

latest answer

Yes if he has obtained PAN.

Gauri Shete

Gauri Shete

CA Final

5K+

1

557

Preparation

Maths & Stats

answered on 12-Mar-22 21:13

How many days are needed for math to study

latest answer

I think he is trying to say about saving time while you solve sums...we have only 2hrs for 100 Marks so try to skip unwanted steps try to solve sums using short cuts and option test which results in saving time

Agilasri Agila

Agilasri Agila

CA Foundation

890

11

473

Study Planner

Others

answered on 12-Mar-22 07:23

When will indigo learn upload a SFM & FR related Study planner ?

latest answer

SFM by month end. FR only after the course is fully launched

Chandu vadla

Chandu vadla

CA Final

11K+

1

488