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Direct Taxation

answered on 18-Apr-22 10:07

1 st question 4th but calculation is not getting ... Can I get the calculation...

latest answer

Please post complete workings

DOKARA Sravani

DOKARA Sravani

CA Final

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3

906

Partners salary

Direct Taxation

answered on 16-Apr-22 16:21

Is Salary received by partner which is not allowed as deduction for firm, is taxable in partner hands ?

latest answer

Yes, the income will be taxable only in the hands of one person either for a firm or a partner

Balaji R

Balaji R

CA Final

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2

576

Doubt

Corporate & Other Laws

answered on 18-Apr-22 09:37

In this question regestration is made within 60 days which could be done by payment of additional fees however the answer is on payment of advolrem fees Where iam making mistake...?

latest answer

300 days for charges formed prior to 2nd November 2018 (commencement of Ordinance, 2018).

Sri kanaga Varshini

Sri kanaga Varshini

CA Final

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1

460

Cost of improvement

Direct Taxation

answered on 16-Apr-22 08:30

Where the assessee got the property from the father and the father has incurred the cost of improvement before 1/4/2001, and now the assessee takes the cost of acquisition as the cost to the previous owner(as he got such option), now whether the cost of improvement incurred by the father is allowed as a deduction or not

latest answer

Cost of improvement incurred before 1-4-2001 Is not allowed

mani charan

mani charan

CA Final

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1

460

Advance accounts

Accountancy

answered on 16-Apr-22 17:31

In IRS.. even if not mentioned, which are the balances that should be written off..

latest answer

Can you please post it as a separate query?

Priyanka Agrawal

Priyanka Agrawal

CA Inter

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5

505

Taxability of PF

Direct Taxation

answered on 16-Apr-22 07:55

In amendment it is stated, if contribution exceeds 2.5 lakhs then interest on cont exceeding 2.5laks is taxed.BUT my doubt is if it is not exceeding 2.5lakhs then old method i.e excess of 9.5 percent is taxable applies ???

latest answer

Thank u sir

Kiran Vijay

Kiran Vijay

CA Final

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2

480

Dividend decision

Financial Management

answered on 01-May-22 19:05

Gordon growth formulae sums Which is crt? Both are same formula, then why ans is differs from one another??

latest answer

Hai, how is ur preparation

Sathiya Bama

Sathiya Bama

CA Final

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11

585

Ammendments?

Auditing

answered on 16-Apr-22 09:44

I'm a dec 21 attempt student appearing for may 22.. Are there any ammendments for both Dec 21 and May 22 apart from CARO 2020??

latest answer

Thank you sir

Nikhil Vasanth

Nikhil Vasanth

CA Final

★ 4K+

6

633

Demand for money

Economics

answered on 18-Apr-22 10:25

What is the relationship between Inflation and demand for money ? My doubts are; As price level increases, the demand for money increases. Wkt, as price level increase hence the inflation also increase then it should be direct relationship? Or As inflation increase, money value decrease and opportunity cost of holding money increases hence demand for money decrease ?

latest answer

Thankyou sir !

Madhaan S

Madhaan S

CA Final

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4

566

Depreciation on hire purchase asset

Accountancy

answered on 16-Apr-22 13:42

Pls explain the MCQ attached. What is meant by claim of depreciation? Under repossession there will be a mutually agreed rate at which asset is depreciated. Why the answer is not option c ?

latest answer

The answer is hire purchaser

Sibi Srinivasan

Sibi Srinivasan

CA Final

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729