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194C

Direct Taxation

answered on 11-Mar-22 14:31

Hi, Does TDS applicable if more than one contract exists between the same contractor and contractee exceeds Rs 100000 in a financial year? For Eg: Mr. A enters into two contracts with Mr. B. 1. 100000 on 20/05/2019 2. 45000 on 12/08/2019 if each payment is less than 30000, does TDS applicable for the FY 2019-20?

latest answer

Limit is applicable for entire financial year. Aggregate all the payments during the financial year from a contractor and deduct tax accordingly

Balamurali Unnithan M S

Balamurali Unnithan M S

CA Inter

3K+

1

431

ICAI MCQ booklet

Corporate & Other Laws

answered on 11-Mar-22 15:11

friends , does icai asking questions from icai mcq booklet in the exam

latest answer

Average how much percentage

nisam M

nisam M

CA Final

23K+

4

1K+

EIS

Information Systems

answered on 11-Mar-22 15:47

What's the difference between cloud computing and web 3.0?? I felt both r bit similar.

latest answer

Web 3.0 is a concept. For example how we say 80s kids had no phones and 90s kids had no internet, web 2.0 refers to a point in time where one could do limited things with internet. In Web 3.0 people can transfer Assets, buy properties in Meta verse etc. In future there will be Web 4.0, 5.0 and so on.

Pushpa S

Pushpa S

CA Final

0

3

592

Declaration Form

Exams

answered on 11-Mar-22 10:13

I'm in Stage of CA Intermediate and My articleship period is( last 6 months) from 1st May 2022 to be completed before 31st October 2022. Which declaration form to submit? ( For My CA inter May 2022 Exam) I taken Candidates in the last 6/12 month of articleship 5. Certificate of Service (For Intermediate and IPCC) Is this Correct or wrong? If wrong tell me the correct form for applying exam

latest answer

Thank you Sir

Ragav Rags

Ragav Rags

CA Final

6K+

2

490

Branch accounts

Accountancy

answered on 11-Mar-22 10:13

I'm unable to calculate depreciation for furniture and fixtures in this sum. Pls help me

latest answer

Please try and post your computation and we will check and correct if required. Hint - adjust furniture sold and then compute the depreciation

Samaira Khan

Samaira Khan

CA Inter

3K+

1

457

Doctrine of Ultra Vires

Corporate & Other Laws

answered on 11-Mar-22 12:20

"The purpose of doctrine of ultra vires has been defeated as now the object clause can be easily altered , by just passing a special resolution by the shareholders" . Kindly explain this statement. So if the act is Ultra Vires of MOA it is voidable or void ?

latest answer

This statement emphasises on the fact that since the object clause of the company can be altered by passing a special resolution, the purpose of the Doctrine of Ultra Vires can be defeated in certain situations, where the object clause is altered and the acts which were previously not a part of the clause are included in it making them within the scope. If an act is Ultra Vires MOA it is Null and Void.

Avasarala Vivek Aditya

Avasarala Vivek Aditya

CA Inter

6K+

1

478

AS 10

Accountancy

answered on 11-Mar-22 15:05

Pls explain the paragraph in the image below. Especially the meaning of enterprise specific value.

latest answer

Ok mam thank you

Sibi Srinivasan

Sibi Srinivasan

CA Final

22K+

5

421

Incomplete records

Accountancy

answered on 11-Mar-22 00:01

Kindly some one explain i, iv, and vii adjustment please

latest answer

Thanks dr

Shagana Anis

Shagana Anis

CA Inter

1K+

6

653

Companies act 2013

Corporate & Other Laws

answered on 11-Mar-22 10:33

Case law about merchandise transport Ltd. Vs british transport commission

latest answer

Thank you so much my doubt is cleared when I saw again the lecture

Sradha nayak

Sradha nayak

CA Foundation

2K+

4

565

Companies act 2013

Corporate & Other Laws

answered on 11-Mar-22 08:41

Case law about salomom vs salomon and co. Ltd

latest answer

In that case law...... Syas that.... *Company is different from the members forming the company.........bec... Company is different from the members and it is having the separate legal entity...........tq.

Sradha nayak

Sradha nayak

CA Foundation

2K+

1

458