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Catering service to educational institutions.

Indirect Taxation

answered on 18-Nov-21 16:11

In class you told that catering service by educational institutions is exempted . By third party is taxable. But in this case , BTV catering service is third party. How is it exempted

latest answer

Third party is taxable only if its other than primary education like engineering college etc.

Deborah Susaiyappan

Deborah Susaiyappan

CA Inter

8K+

1

563

Conditions for declaration of dividend

Corporate & Other Laws

answered on 16-Nov-21 15:07

When there are profits in a particular Financial year,Do we need to apply the three conditions mentioned in Rule 3 of declaration and payment of dividend rule

latest answer

If you are drawing up any amount from free reserves for dividend, conditions will be applicable

Gauri Shete

Gauri Shete

CA Final

5K+

3

548

Payment of dividend

Corporate & Other Laws

answered on 16-Nov-21 05:04

Example 10 and 11 .In both the examples name of transferree was registered before declaration of dividend. Then why in 10 th example dividend is paid to transferor is ok and why in 11 th example it is paid to transferree (Mr Raj)

latest answer

The shareholder whose name appears in register on record date will be entitled. So if Mohan is a registered shareholder on record date, he would be entitled.

Gauri Shete

Gauri Shete

CA Final

5K+

2

518

Mock tests

Others

answered on 16-Nov-21 10:42

What is the lastdate to send answer for verification - Nov 21

latest answer

15days before first exam date

venkatesh sundharamoorthy

venkatesh sundharamoorthy

CA Final

34K+

1

505

Rebate u/s 87A

Direct Taxation

answered on 15-Nov-21 12:32

Rebate applies to resident individual It means applies to both 1.resident and ordinary resident ,2.resident but not ordinarily resident Is interpret right or wrong ?

latest answer

Any resident

Raghul Varadarajan

Raghul Varadarajan

CA Final

0

1

556

Probability

Maths & Stats

answered on 21-Nov-21 14:45

In 36 about which 4 condition is said?

latest answer

A & B = 0 B & A = 0 C & A = 0 A & B & C = 0

Sumita Shah

Sumita Shah

CA Inter

2K+

1

581

Probability

Maths & Stats

answered on 29-Nov-21 09:22

Is p(A)+p(B)=p(A common B) possible?

latest answer

P(Aâ?ªB) is the probability of happening of the event A or B. P(Aâ?ªB) = P(A) + P(B) - P(Aâ?©B) where A and B are not mutually exclusive But, P(Aâ?ªB) = P(A) + P(B) is possible when A and B are mutually exclusive because in that case P(Aâ?©B) = 0.

Sumita Shah

Sumita Shah

CA Inter

2K+

5

513

chapter 7 cost accounting systems( new syllabus)

Costing

answered on 15-Nov-21 15:30

illustration 8 statement cost and profit finished goods 4000 units @81.29 81.29 where did it come from

latest answer

Cost of production divided by units produced i.e 10080000/124000

Chaya Thakur

Chaya Thakur

CA Inter

12K+

1

540

Agriculture Income

Direct Taxation

answered on 30-Nov-21 15:39

Ans for Q2 is 'b '. How?

latest answer

Ã? refers Multiplication

Veeresh Kumar Poliki

Veeresh Kumar Poliki

CA Inter

8K+

4

546

AMT

Direct Taxation

answered on 15-Nov-21 11:41

Can anyone explain this mcq

latest answer

Yes bro, answer is not 10. Set off is allowed only to the extent of difference between the tax as per normal provisions & AMT. That means we can use only 3 (15-12) of AMT credit. So, answer is 15 - 3 = 12.

Sairam Reddy

Sairam Reddy

CA Final

10K+

3

733