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40A(3)
Direct Taxation
answered on 28-Oct-21 08:16
Is this 36,000 of customs duty in pont-6 allowed as deduction?
latest answer
Any payments made to Government (whether State or Central Government). Such payments are direct taxes, indirect taxes, duties, cess etc. are allowed as deduction. Legal tender means coins, bank notes that are accepted.
Veeresh Kumar Poliki
CA Inter
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new courses
Others
answered on 27-Oct-21 18:51
hi team I have been watching your videos since my ca foundation journey and ca inter, I was planning to take up US CMA course in the future during my article ship period. I wanted to know if indigo learn will provide us cma Course in the future. if yes, I will definitely take up the course for my us cma preparation
latest answer
Hi We currently do not have plans for CMA (US)
Vaibhav Gupta
CA Final
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Rebate
Accountancy
answered on 28-Oct-21 13:44
In below attached ques how 77 days came I got confused?
latest answer
:)
Miradevi S
CA Final
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Joint product
Costing
answered on 28-Oct-21 14:23
What is difference between estimated net realisable apportionment method and constant gross margin method Why joint cost is different in both the cases
latest answer
NRV - you are considering realisable value or the sales value. Under - Gross margin method you are estimating the relative cost by deducting gross margin.
Kalash Ojha
CA Inter
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AS 22
Accountancy
answered on 28-Oct-21 00:01
HOW TO DECIDE differed tax is DTA or DTL...little bit confuisng
latest answer
Its simple.. Consider tax as a salary.. If actual tax paid is more than tax expense in p&l.. Then its a prepaid.. So it is tax asset And vise versa
HUNNY CHAWLA
CA Inter
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3
617
HOUSE PROPERTY
Direct Taxation
answered on 27-Oct-21 20:25
Sir in this sir assume RER as 12500pm. But Can i also assume RER as 5000pm. Why iam asking this means... because sir in the next sum same like this question, take RER as the value which is lower comparatively
latest answer
Thank you sir.
Balaji R
CA Final
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Exemptions - Charitable institutions
Indirect Taxation
answered on 27-Oct-21 20:20
Charitable institutions registered u/s 12AA only will get the exemption na thn how the institution in attachment got exemption though it is reg under some other section?
latest answer
Ok sir
Sri Yoga Vishwa. P
CA Final
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2
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Captal Gains Or Busines Income
Direct Taxation
answered on 27-Oct-21 10:34
How to find under which head of Income will come. Assessee will purchase a site & construct it and sell it off He will purchase building's also and after some years will sell it off
latest answer
Ok thanks
Veera V
CA Final
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2
610
OMR
Exams
answered on 27-Oct-21 07:28
ICAI, in this specimen says only pencil is allowed. So no black pen?
latest answer
Ok .thank you
Sibi Srinivasan
CA Final
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Inventories
Accountancy
answered on 27-Oct-21 06:56
Can anyone explain me this
latest answer
If cost can be determined separately, then inventory would be valued at cost.
Soumya A
CA Inter
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