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Interim dividend mcq

Corporate & Other Laws

answered on 16-Nov-21 05:16

Mam ,can interim dividend be declared out of previous years undistributed profits Or Only out of current year profits in which interim dividend is declared Please answer this question

latest answer

dividend can be paid out of current year profits as well as out of the profits of the previous financial years which has not been transferred to the reserves

Sudheendra Sumukhi

Sudheendra Sumukhi

CA Inter

4K+

4

929

Find value

Maths & Stats

answered on 13-Nov-21 17:56

How to find value of 3â??64, 4â??88

latest answer

Okay thanks a lot ð???

Anitha V K

Anitha V K

CA Inter

4K+

11

672

House property

Direct Taxation

answered on 14-Nov-21 22:57

Once the house property is sold, can the assesse claim deduction for payment of interest on loan(in any head) , which he have bought to buy the said property?

latest answer

No, to claim 24(b)...assesse should be owner of the house property. There is no question of taxing income from house property if the assesse is not the owner of ho

Christeena Ambel

Christeena Ambel

CA Inter

5K+

2

580

Conservatism

Accountancy

answered on 13-Nov-21 18:14

As per the conservatism principle, anticipated gain should not be recorded in the books. But in the image below, this rule is violated ( according to my inference ). Pls clarify

latest answer

Ok sir

Sibi Srinivasan

Sibi Srinivasan

CA Final

22K+

4

599

Pgbp

Direct Taxation

answered on 13-Nov-21 13:33

Sir please explain the reason for point 2.

latest answer

To avoid circumvention of law. Else everyone will claim deduction in accrual basis and in next year pay in cash.

Reja Fathima

Reja Fathima

CA Final

4K+

1

511

Sale of goods act,1930

Corporate & Other Laws

answered on 13-Nov-21 21:02

Why can't we write the point of sale of goods by sample and description here....

latest answer

Here goods are matched with sample itself

Soumya A

Soumya A

CA Inter

20K+

3

492

chapter 6 cost sheet

Costing

answered on 15-Nov-21 11:20

practical question no. 3rd a ltd co. has the capacity to produce 1,00,000.........? please provide me the video of this question

latest answer

Is there any doubt in the question?

Chaya Thakur

Chaya Thakur

CA Inter

12K+

1

529

Aggregate turnover

Indirect Taxation

answered on 13-Nov-21 14:21

Can anyone say exactly,what to include and exclude to calculate AGGREGATE TURNOVER for purpose of composition scheme and returns etcc..

latest answer

S

Sairam Reddy

Sairam Reddy

CA Final

10K+

9

624

Acceptance of deposits

Corporate & Other Laws

answered on 13-Nov-21 11:28

What do you mean by net worth for purpose of calculating ELIGIBLE COMPANY

latest answer

Thank you so much

Sairam Reddy

Sairam Reddy

CA Final

10K+

2

557

CA FOUNDATION LAW NOTE

Others

answered on 13-Nov-21 10:49

Can i get ca foundation law note of the unit "general nature of partnership" from the chapter "Indian Partnership Act, 1932?? When i opened the note of this unit,i got the same note of COMPANIES ACT, 2013 NOTES..

latest answer

Welcome sir

FAYIS CK

FAYIS CK

CA Inter

5K+

3

609