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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
CA Final
★ 5
2
689
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
CA Inter
★ 270
2
519
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
CA Inter
★ 13K+
2
616
Deposits
Corporate & Other Laws
answered on 07-Oct-21 10:23
Sir is there any exemption to Pvt Ltd companies regarding acceptance of deposits from members against public company
latest answer
These conditions from Section 73 shall not apply to private Companies which accepts from its members monies not exceeding one hundred per cent, of aggregate of the paid up share capital and free reserves. However, for private companies accepting more than 100% deposits do not enjoy this exemption.
Lakki Kamu
CA Final
★ 4K+
3
585
As 18 related party disclosures
Accountancy
answered on 05-Oct-21 10:29
If H ltd holds 30% in A ltd and 40% in p ltd. P ltd holds 25% in A ltd. Will H ltd and p ltd will be called as related party?
latest answer
Thank you mam
Agrawal Chirag
CA Inter
★ 2K+
2
556
Exam preparation doubt
Exams
answered on 05-Oct-21 10:00
CA inter (new) study material questions and sums are very less for practice compare between Old scheme and New scheme. So, CA inter new scheme study material sufficient for examination ? Because, in the old scheme separatively given study material and practice mannuval but new scheme available only study material.! So, New scheme study material only sufficient for examination point of view.
latest answer
Study material is one part and also you have to practice previous year question papers, MTP, RTP etc.,
sathish kumar
CA Final
★ 5
1
639
Capital and revenue expenditure
Accountancy
answered on 05-Oct-21 10:48
Please explain Difference between deferred revenue expenditure and prepaid expenses
latest answer
Deferred expenses, often known as deferred costs, fall in the long-term asset class. Prepaid expenses is a current asset related to a non-capital expenditure. A normal business revenue expense is paid in advance due to a contract or business obligation but the benefit is going to be enjoyed within the next year, it is called prepaid. Deferred revenue expenditure is an expenditure where result and benefits of this expenditure are obtained over the multiple years in the future.
Sejal Shivani
CA Foundation
★ 5K+
12
893
MM approach
Financial Management
answered on 05-Oct-21 11:22
Sir in MM approach with tax Value of levered firm=value of unlevered firm+debt * tax Yes,we get tax sheild on interest of debt in capital structure Then Why we multiple total debt value * tax rate instead taking interest on debt value*tax rate
latest answer
Yes sir now got it. Thank you
Balaji R
CA Final
★ 20K+
2
978
Rectification of Errors after preparation of Trial Balance but before preparation of Final Accounts
Accountancy
answered on 05-Oct-21 02:18
From Cash Book it is found that discount of Rs.85 allowed by Jadu was not posted to his account. What will be the entry ? Please reply
latest answer
Yes creditor will have cr balance now we are paying creditor so if you again cr him your creditor balance will increase which mean u have to still pay him meaning....if only you dr creditor your balance will reduce
Aditya Birla
CBSE XI
★ 4K+
16
652
Underwriters
Corporate & Other Laws
answered on 04-Oct-21 22:05
If the amount paid to underwriters more than % permits in AOA but upto 5% out of capital is valid and out of proceeds of share capital is not valid How ?? Sir
latest answer
Lower of thr aoa Or act
Lakki Kamu
CA Final
★ 4K+
2
543