powered by logo

Forums

MCQ

Information Systems

answered on 08-Oct-21 15:58

What's the reason?

latest answer

Thanks for this. I misunderstood. Will get it corrected.

Himanshu Somani

Himanshu Somani

CA Final

97K+

11

764

Permutations

Maths & Stats

answered on 06-Oct-21 11:08

Please explain me this one

latest answer

Dear Schuyler, these questions have clear explanations. To make the best use of Forums, you should specify what you did not understand. Also, please watch videos first.

Chris Topher

Chris Topher

CA Foundation

5

4

493

Materiality

Auditing

answered on 05-Oct-21 16:56

What is Performance Materiality?

latest answer

Amount set by the auditor at less than the overall materiality level in order to reduces the probability that the aggregate amount of uncorrected and undetected misstatements may exceeds the materiality level for the FS as a whole.

Lalit Sanpal

Lalit Sanpal

CA Final

6K+

1

564

CAPITAL GAIN EXEMPTION

Direct Taxation

answered on 06-Oct-21 16:38

AS I SOLD PROPERTY IN F.Y. 2020-2021 WHICH WAS AQUIRED DURING F.Y.2015-16 AND PURCHASE SAME FOR 750000/- ON WHICH AGREEMENT TO LEAVE THE PROPERTY(AQUIRED BY TENANAT) HAS BEEN MADE IN FORM OF POWER OF ATTARNY FOR THE AMOUNT 3000000/- CAN 30 LAKHS BE CLAIM AS A DEDUCTION TO INVESTMENT IN NEW PROPERTY

latest answer

If the amount is paid to tenant in relation to transfer, it is treated as an expense and can be deducted from sale consideration.

Bhavesh Bhil

Bhavesh Bhil

CA Final

37K+

3

587

Depreciation

Accountancy

answered on 05-Oct-21 14:14

Please solve this sum

latest answer

Thank you

Dhakshana Dhakshana

Dhakshana Dhakshana

CFA L2

18K+

4

531

Doubt about subscribed capital

Corporate & Other Laws

answered on 05-Oct-21 18:47

Is that answer shown below is correct or not

latest answer

Balance would be returned

Remya Raveendran

Remya Raveendran

CA Inter

270

7

558

Agency

Corporate & Other Laws

answered on 05-Oct-21 12:02

What is meaning of sentence underlined in blue

latest answer

Consent of the agent to act as agent of the principal is sufficient to create a valid contract of agency. In such case, It's not necessary for the principal to pay the agent to make it a valid contract of agency.

Gauri Shete

Gauri Shete

CA Final

5K+

1

477

Doubt in SFT reporting

Direct Taxation

answered on 06-Oct-21 14:17

Sir, is SFT reporting to be done by a private ltd company that has issued shares to a person for 11 lakhs??. the company's turnover is 60 lakhs, so it is a case of non tax audit..

latest answer

Okay, thank you :)

Darshini Pandiarajan

Darshini Pandiarajan

CA Final

5

2

674

Doubt

Corporate & Other Laws

answered on 05-Oct-21 11:44

In this question what will be the issued capital ?? Is that answer shown below the question is correct or not

latest answer

Then what will be the subscribed capital is that answer is correct

Remya Raveendran

Remya Raveendran

CA Inter

270

2

511

Provisional exam registered candidate

Exams

answered on 05-Oct-21 15:14

I registered exams provisionally because dashboard shows old syllabus instead of new. And my SRO number is changed in the acknowledgement. Should I use Correction window Please help me

latest answer

Thank you sir

Gayathri K V

Gayathri K V

CA Inter

13K+

2

604