powered by logo

Forums

Chapter wise weightage- Based on Past Exam Analysis

Corporate & Other Laws

answered on 28-Jul-25 18:47

Is it possible to get most recent 'Chapter wise weightage- Based on Past Exam Analysis' of the latest edition of LAW notes book? I was delivered the 2nd edition so it has only till November 23 analysis.

latest answer

Thank you Sir.

Rahul Anand

Rahul Anand

CA Inter

6K+

2

187

Inter state or intra state

Indirect Taxation

answered on 28-Jul-25 17:49

Sir under Bill to ship to model if the buyer is located at UK and asked to supply goods to a person in the same state as the seller will it be considered as inter state or intra state supply?

latest answer

It will be Inter state supply.

P AKSHAYA

P AKSHAYA

CA Final

260

1

163

TDS

Direct Taxation

answered on 28-Jul-25 17:39

In salary if one person tds calculation gets 2730 but we paid 2000 will it be ok or not?

latest answer

No it is not okay. TDS should be actual amount only.

Snehashis Mohanty

Snehashis Mohanty

CA Inter

35

1

155

Salary

Direct Taxation

answered on 04-Aug-25 16:25

If a person gets 65000 p.m. salary and during the FY 24-25 he get absent in a month say june for 18 days so the 12 days salary will be 26000. So the final salary will be 741000 and after deduction of 75k under new scheme it will become 660000. So now my question is will it be taxable or not ? Does absence of employee have any impact on the taxation?

latest answer

Employee must pay tax if any tax liability arises.

Snehashis Mohanty

Snehashis Mohanty

CA Inter

35

7

170

CO-VENTURE OF SINGLE JOINT VENTURE

Financial Reporting

answered on 28-Jul-25 16:26

Co ventures of single joint venture is not related party right sir

latest answer

Co-venturer means the party to a Joint venture. For e.g if A & B jointly control a joint venture, then A & B are co-venturers. This question is not based on co-venturer.

Sowmitha C

Sowmitha C

CA Final

4K+

3

160

Tax on profit

Financial Reporting

answered on 28-Jul-25 16:27

Sir, Why tax is not deducted from Profit. Whether it is assumed that the profit is after tax [Video Time Stamp: 01:00]

latest answer

Profit for the year/ net profit / net income are considered as after tax unless otherwise specified in the question.

Hariharan Ravichandran

Hariharan Ravichandran

CA Final

2K+

1

139

Timelines

Indirect Taxation

answered on 28-Jul-25 17:22

Could you explain the basic difference between timeline under section 26A and 27 ? Its bit confusing !

latest answer

Section 27 will apply in case any customs duty is paid in excess. Section 26A will apply in case imported goods are exported/ relinquished or destroyed.

Hrishikesh Pradhan

Hrishikesh Pradhan

CA Final

18K+

1

215

Square root of amount in lakhs and actual amounts for SD and Variance

AFM

answered on 28-Jul-25 10:31

When 85.4 is Variance Rs. in lakhs and we take Sq. Rt. we get 9.2412 as SD. However, if actual amount is considered Rs. 85,40,000 Sq. rt. the SD is 2922.328 This is because of the consideration in Lakhs and actuals. Which answer should be followed while Practicing? [Video Time Stamp: 15:54]

latest answer

Good question. Answer is 9.24 lacs which is correct. Even if you convert all amounts in to lakhs you will get same answer When you multiply pi ( x-xmean ) power 2 You are doing square of lakhs. You get lakh square So variance is in lakh square you have to take square root of that I am attaching a spreadsheet and screenshot- pls go through it and even if you take all amounts in absolute values you get same answer

Benwin Thattil

Benwin Thattil

CA Final

2K+

1

234

Services to Business Facilitators to Correspondents

Indirect Taxation

answered on 28-Jul-25 17:24

1.Services to Business Facilitators to Correspondents Rcm Applicable or Not? 2. Business Facilitators and Correspondents services to Individuals Rcm Applicable or Not? [Video Time Stamp: 04:28]

latest answer

In case of business facilitator, RCM will apply in case of service provided by business facilitator to a bank. Further, RCM will also apply in case of service by agent of business correspondent to business correspondent. There is no specific reference to Individuals in this case.

V Ajith Kumar

V Ajith Kumar

CA Inter

1K+

1

190

FUTURES

AFM

answered on 01-Aug-25 14:52

hi sir what are the difference between these equations and when it use as per the qstn ?

latest answer

ok

Muhammed Mubaris

Muhammed Mubaris

CA Final

190

4

155