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Penalty for Contravention (Filing Annual Returns)

Corporate & Other Laws

answered on 04-Apr-22 14:45

Company & Officer in default â?¹10,000 - continuing failure â?¹100 per day Maximum Limit Company â?¹2,00,000 & Officer in default â?¹50,000 (given in the latest edition of study material) (Or) Company & Officer in default â?¹50,000 - continuing failure â?¹100 per day - Maximum â?¹5,00,000 Company Secretary â?¹50,000 - Maximum â?¹5,00,000 (given in the October edition 2020) The latest edition is applicable for Nov 2022 attempt right. In the lecture both the provisions are given.

latest answer

Appropriate changes will be made to the lecture . Regret the inconvenience

Swetha S

Swetha S

CA Inter

★ 15K+

4

501

Material costing

Costing

answered on 03-Apr-22 15:35

Store personnel salaries is carrying or ordering cost?

latest answer

Carrying cost

om prakash

om prakash

CA Inter

★ 110

1

461

Study planner not working

Exams

answered on 03-Apr-22 11:16

Study planner not working Please fix immediately. It gets error in end date of plan.

latest answer

It is working for us - pls share parameters and end date

Venkatesh .

Venkatesh .

CA Inter

★ 4K+

2

518

Articleship

Others

answered on 03-Apr-22 11:20

May 2020 (COVID time) will be considered leave period or Articleship period.do share any official notification or news .

latest answer

ICAI has not clarrified it.Its between you and your principal to consider those days as leave or working days.

M Mehrotra

M Mehrotra

CA Final

★ 410

1

498

Doubt

Auditing

answered on 02-Apr-22 21:25

What is the difference between cluster sampling and stratified sampling?

latest answer

OK thanks

Miradevi S

Miradevi S

CA Final

★ 16K+

2

529

Time save.in exam.

Accountancy

answered on 02-Apr-22 22:00

Can anyone say sir/mam.... In below NPO as a sum is given ....... In that sum Instead of doing 3 a/cs. In exam........can I combine 3 a/cs together.....is that allowed............

latest answer

Ok sugam bro

Balachandar S

Balachandar S

CA Inter

★ 59K+

7

611

Significant Beneficial Owners

Corporate & Other Laws

answered on 03-Apr-22 17:49

Whatâ??s Form BEN 3 & BEN 4 about?

latest answer

Okay Sir

Swetha S

Swetha S

CA Inter

★ 15K+

2

575

Deduction for housing loan

Direct Taxation

answered on 02-Apr-22 19:59

If husband and wife taken a housing loan jointly. Interest for the financial year is 50000. Can husband and wife claim deduction equally under this section Interest claimed by husband for an amount 25000 Interest claimed by wife for an amount 25000

latest answer

Yes. Provided it has been paid by both

Mathews Johnson

Mathews Johnson

ACCA Skill

★ 9K+

1

550

Material costing

Costing

answered on 02-Apr-22 18:54

Cost of collecting material is ordering cost or carrying cost

latest answer

Ordering.

om prakash

om prakash

CA Inter

★ 110

1

713

AS - 3

Accountancy

answered on 02-Apr-22 18:05

Good evening Sir/Madam, In the CA Intermediate classes - Group 1 Accounting Standards - AS 3 Cash flow statement - Module 18 named "Illustration 6 - Part 2" , there the Cash flow statement is prepared under Indirect method. But , Why we did not add back the "Provision for taxation" to the net profit , being the non-cash item. Kindly clarify Sir/Madam.

latest answer

We would have taken net profit before tax

Avasarala Vivek Aditya

Avasarala Vivek Aditya

CA Inter

★ 6K+

2

574