Forums
Current cost and Replacement cost
Accountancy
answered on 11-Mar-22 15:21
Are these costs same or do they differ from each other? Pls explain with an example.
latest answer
Ok mam thank you
Sibi Srinivasan
CA Final
★ 22K+
6
616
Banking companies
Accountancy
answered on 11-Mar-22 17:59
Provisioning for advances covered byECGC/DICGC guarantee. Why the percentage of provision is not given, if the period for which the advance has remained doubtful in D1 and D2 category of NPA in the case of secured asset ( they given 100 percentage of provision if the asset is doubtful for more than three years remained doubtful)
latest answer
100% only , irrespective of d1 d2
venkatesh sundharamoorthy
CA Final
★ 34K+
3
501
Ap and Gp
Maths & Stats
answered on 19-Mar-22 20:02
33 rd question attached below how to solve atleast idea please
latest answer
33 question: ans)opt a
Harshitha Kalidindi
CA Final
★ 51K+
6
584
General
Indirect Taxation
answered on 10-Mar-22 16:55
Person liable to pay GST. should that person mandatorily be registered?
latest answer
Yes if he is covered under Section 22 or Section 24.
Girinath A
CA Inter
★ 765
1
534
Capital & Revenue Expenditure
Accountancy
answered on 11-Mar-22 14:18
Inauguration expenses comes under capital expenditure or revenue expenditure?
latest answer
Yes if the expenditure adds value to the asset i.e will it extend life or increase returns only then Capex else even if one time then opex only
Ratnasri N
CA Foundation
★ 0
3
493
Income from House Property
Direct Taxation
answered on 14-Mar-22 22:05
Z uses his property for his own business. Can he claim depreciation?
latest answer
We can claim depreciation under the head PGBP
Harini Kannan
CA Inter
★ 230
4
527
Sec 54 or 54f
Direct Taxation
answered on 11-Mar-22 14:59
Mr.A have a land and building which is a residential property on the documents but used for both commercial and residential purpose,he also pay commercial tax proportionally,now he wants to sell it and buy a new residential property what are the exemption available and which section is attracted (LTCG of 1.2 cr)
latest answer
Intention of law is - the property used for residential purpose, section 54 is applicable. If not, section 54 is not applicable.
mani charan
CA Final
★ 3K+
3
539
Exam Form - CA FOUNDATION MAY 2022
Exams
answered on 10-Mar-22 15:14
I put erroneously incorrect email id while submitting exam forms , but I have given correct email id while registeration . What shall I do ??
latest answer
Pls write an email to exam helpdesk
Varun Mulay
CA Final
★ 39K+
1
506
General
Others
answered on 12-Mar-22 13:57
When will more tests will be uploaded... In tests corner
latest answer
Okay
Vanshika Khandelwal
CA Foundation
★ 17K+
4
566
Transport Allownance / Additional Illustration 1
Direct Taxation
answered on 10-Mar-22 12:41
If He Doesnâ??t Opt for Section 115BAC There is An 1600Rs Per Month Exemption In This Solution Madam Doesnâ??t Claimed It Total Entire 1800Rs Per Month Is Allowed As Allowance
latest answer
The deduction is no longer available
Shanmukh Vemuri
CMA Final
★ 5
5
518