Forums
Residential Status Sec.6(1A)
Direct Taxation
answered on 16-Sep-21 07:21
There is a condition for deemed resident u/s 6(1A) "He is not taxed in any other country or territory because of his domicile or residence or any other criteria of similar nature." Doubt is taxed the Indian Income or Foreign Income?
latest answer
His residency in other country may be a criteria for taxation of his income in that country. Here, we consider... Whether he is non - resident in India. Whether he is not paying any tax in any other country. (So, they also will be Come under the ambit of RBNOR)
Balamurali Unnithan M S
CA Inter
★ 3K+
8
952
Highest igst rate
Indirect Taxation
answered on 27-Aug-21 22:13
What is the highest rate of tax levied under igst as per amendment?
latest answer
Currently it's 28% but government can levy maximum upto 40%( CGST 20% and SGST 20%)
leela prasad vegi
CMA Final
★ 3K+
1
783
Eps
Accountancy
answered on 28-Aug-21 13:57
How to calculate diluted EPS IN THIS QUES
latest answer
The preference share are getting converted that's why if they gave 2 separate ones , convertible and normal then we will deduct dividend also
Aman Mahajan
CA Final
★ 19K+
5
612
Financial statement of a company
Accountancy
answered on 27-Aug-21 14:15
For calculating changes in inventories whether opening - closing (or) closing - opening
latest answer
Opening - closing Remaining goods sold
Rubika Sankar
CMA Inter
★ 370
1
564
The company act,2013
Corporate & Other Laws
answered on 27-Aug-21 16:07
The paid-up shere capital of AVS private limited is Rs. 1 crore consisting of 8 lacs equity sheres of RS.10 each fully-paidup and 2 lacs cumulative preference shares of 10 each fully-paidup. XYZ private limited and BCL private limited are holding 3 lacs equity sheres and 150000 equity sheres respectively in AVS private limited. XYZ private limited and BCL private limited are the subsidiary of TRS private limited. With reference to the provisions of the company act,2013 examine whether AVS private limited is a subsidiary of TRS private limited?
latest answer
Thanks
Sejal Shivani
CA Foundation
★ 5K+
2
2K+
Aggregate demand
Economics
answered on 27-Aug-21 11:42
In your classes said that AD=consumption +investment and Income =consumption+savings. My question - Is savings and Investment are same or not?
latest answer
Saving involves income that is not consumed. Investment is defined as an addition to the capital stock. (Gross fixed capital formation) For example, investment can involve spending on factories or new capital.
Hai Iam Anas
CA Inter
★ 8K+
1
561
The company act,2013
Corporate & Other Laws
answered on 27-Aug-21 11:55
Deferent between shares and stock
latest answer
Thank you sir/Mam
Sejal Shivani
CA Foundation
★ 5K+
2
536
Doubt
Accountancy
answered on 27-Aug-21 09:48
Sir, even though preference share are redeemed Should i still need to show authorished capital ? Then, not any mention about authorised eqiuty resolution in question, how authorised equity share capital goes to 250000 shares Instead of 220000 shares
latest answer
Thank you mam
Balaji R
CA Final
★ 20K+
3
652
Employee cost
Costing
answered on 27-Aug-21 11:40
Please explain illustration 11 (pg no :3.31) in employee cost.
latest answer
Thank you for clear explanation.
Naveen Kumar S
CA Inter
★ 1K+
5
750
Normal distribution
Maths & Stats
answered on 28-Aug-21 10:34
How did we get biometrica is equal to -3,-2...
latest answer
Kindly refer to the tables at the end of the textbook for Normal distribution values
Reetikaa R
CA Final
★ 7K+
3
597