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Commission Income

Indirect Taxation

answered on 31-Oct-21 07:18

Assessee is earning commission from IT Companies. He is also having Business & Rental Income, turnover is more than 2 crores. Whether GST is need to be charged on Commission Amount?? Please reply

latest answer

Yes

Veera V

Veera V

CA Final

0

1

689

Capital gain

Direct Taxation

answered on 31-Oct-21 07:17

Why? Dividend income is reduced from capital gain?

latest answer

Welcome

Ashfaq Ahmed

Ashfaq Ahmed

CA Final

24K+

4

640

Advance Accounting Standards Notes not available

Accountancy

answered on 31-Oct-21 14:15

I am unable to find notes for advance accounts accounting standards , only problems with solution is available..

latest answer

Added. Pls check under free resources.

Afshan Fathima

Afshan Fathima

CA Final

5

3

498

Time value of money

Financial Management

answered on 31-Oct-21 07:55

In present value future value determination How is r is determined... That is discounting rate is determined...

latest answer

Have not understood the question fully - please elaborate

Vignesh Hari Krishnaa Karthigayan

Vignesh Hari Krishnaa Karthigayan

CA Inter

5

4

550

Deductions u/s 35 AD

Direct Taxation

answered on 31-Oct-21 09:25

Where in respect of any asset on which deduction u/s 35 AD has been availed and such asset is destroyed or transferred within a period of 8 years,then is it necessary to reverse the deduction? Am asking a case where such asset is not used for any other purpose other than 35 AD business after such transfer?

latest answer

Suppose in 2019-20, assessee claimed 100 percent deduction under 35AD. In 2020-21, asset was transferred. In this case, income is Deduction allowed less depreciation pertaining to 2019-20 for that asset assuming 35AD is not applicable.

Bhaghya Rajesh

Bhaghya Rajesh

CA Final

1K+

3

580

Equations

Maths & Stats

answered on 30-Oct-21 20:15

Are both the options correct?

latest answer

When you put root then the resultant answer will be +/-. So in the given question the answer will be +/-1

Yug Bhattad

Yug Bhattad

CA Final

63K+

4

634

Logarithms

Maths & Stats

answered on 31-Oct-21 08:04

Help solving this question.

latest answer

The multiplied the numerator and denominator by 7 + 4 x square root 3. If you multiply and divide by same term you are multiplying by 1

Kumari Sheetal

Kumari Sheetal

CA Foundation

280

2

574

Material cost

Costing

answered on 01-Nov-21 07:51

Why is the rate taken as 5.75 and 6.10 respectively in each case?..

latest answer

Assumed that 17th Sep issue iis returned.

Pushkala S

Pushkala S

CA Final

3K+

1

779

Reconciliation of cost accounting with financial records

Costing

answered on 30-Oct-21 18:30

How to calculate adminstration expenses how comes 124000

latest answer

Administrative overheads is recovered at Rs. 6 per unit of production. Total sales are 120000 units and closing stock is 4000 units So, total production units are 124000

Raashi 14

Raashi 14

CMA Inter

330

3

568

AS 7

Accountancy

answered on 30-Oct-21 17:58

Why full loss not recognised

latest answer

Thank u so much sir

Christeena Ambel

Christeena Ambel

CA Inter

5K+

11

503