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Income from other source
Direct Taxation
answered on 14-Sep-21 18:49
In this ques we will give pension for 12months Or 11 months???
latest answer
11 months
Riya Goel
CA Inter
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1
637
CA Inter
Others
answered on 14-Sep-21 11:59
Recently I have passed the foundation. Now, can l register CA inter both groups for may 2022. Can I register for both groups and appear in exams for only one group? Please help me in this regard..ð???ð??»
latest answer
Undoubtedly you and your team is amazing. Love you sir.
Sai Eswar Kolli
CA Final
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3
665
Material cost
Costing
answered on 14-Sep-21 11:07
How FIFO method will lead to decreasing trend of prices???
latest answer
If company adopt FIFO method while in Decreasing trends.... FIFO Advantages in deflation trend 1. You may earn less profit because your cost of production high i.e. by issue of old stock which is purchased at higher rate means Less profit does mean less tax 2. You may purchase fresh stock at lower value in market If you are gone through LIFO method,in this case you may earn more profit not in the effect of your business activities only this is by Market based.
Gomathi K
CA Final
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2
644
General doubt
Costing
answered on 14-Sep-21 10:35
Is it necessary to write narration while recording journals?
latest answer
Yes, that shows your understanding of the concept to the examiner
Sri Yoga Vishwa. P
CA Final
★ 2K+
3
602
Illustration no5 pg no10.29
Financial Management
answered on 14-Sep-21 12:46
What is the two approach the question is talking about...
latest answer
Thanks
Yogesh Shukla
CA Final
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2
680
Request
Others
answered on 12-Nov-21 12:59
Sir in eco all the pdf are- background colour are so high its look good in pdf but its become very distracting in printouts and getting erosion because of too much blackness pls provide background with light colours and have text asusal black coating( not a white coating with dark background) It may look good at printouts... For example i attached photos also I also take all other subjects printout, thats all are good... Pls make eco as good as other subject pdf
latest answer
Thank you sir and team indigolearn :)
Balaji R
CA Final
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6
537
Preferential creditors
Accountancy
answered on 14-Sep-21 14:39
"Owing to govt for telephone electricity and water" Will this comes under preferential creditors?
latest answer
A preferential creditor is a creditor receiving a preferential right to payment. Their claims rank higher in priority than those of ordinary/unsecured creditors. All revenues, taxes, cesses & rates payable to the government or local authority will be treated as preferential creditors provided that it must become due within 12 months before the date of winding up.
bsai partish
CA Final
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1
829
Overhead absorption
Costing
answered on 14-Sep-21 10:37
What is overhead absorption or recovery?
latest answer
Actual amount of overheads cannot be accurately determined at the time of producing goods. In order to charge the total costs of the production cost center to the cost units , we need to calculate an overhead absorption rate or overhead recovery for each cost center. Once total overheads ( calculation of overhead absorption rate) of production cost centers are calculated through allocation and apportionment, they are transferred to, i.e., absorbed by, the cost units or products which are produced by those cost centers.
Sri Yoga Vishwa. P
CA Final
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1
854
Npo
Accountancy
answered on 14-Sep-21 13:28
Ans this ques nd dep
latest answer
Please specify your doubt here.
Kanika Rajput
CA Inter
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1
597
Incidence of tax
Direct Taxation
answered on 14-Sep-21 14:36
A person who is an employee in a USA company . He renders service there and also recieve salary there but the company is controlled from India . So then what will be the incidence of tax If the person is RNOR and if the person is NR ??
latest answer
Salary is accrued based on place of service. Hence it is not taxable in the hands of non resident and Resident not ordinarily resident
Chandan Subudhi
CA Final
★ 12K+
1
715