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115 BAC

Direct Taxation

answered on 12-Jul-21 09:03

If nothing is mentioned, should we do tax computation by both normal provisions as well as 115 bac?

latest answer

Normal provision is better, 115 BAC is an option to the specified assesee ie, Individual & HUF...

Ali S

Ali S

CA Final

8K+

4

574

Chapter 8 question 3

Direct Taxation

answered on 12-Jul-21 08:33

Is this TDS deduction still applicable after amendment wrt dividend?

latest answer

Yes

Ali S

Ali S

CA Final

8K+

1

628

How to calculate 9month of articleship

Others

answered on 26-Dec-22 13:05

I have a doubt sir ...that I am a direct entry student.. I am doing articleship on the month of feb 8 ad in march I took 7 days leave ad april I stopped at the date of 22/04 Still the month june (due to pandemic)ad I rejoined the articles in this month ..still now I didn't put any leave...shall I know how to calculate 9month of articleship training. Because I don't know I am eligible or nt

latest answer

You have to register for articleship. You have to do training under a CA/firm. Here's our blog on 'Options for Articleship & How to Choose an Audit Firm?' https://1fin.page.link/LwrfgPsNobxVKuxM8 As a first step you have to select a firm/CA under whom you will do training and procedure is easy after that - submission of documents to ICAI, that's it.

Jayashree S

Jayashree S

CA Inter

2K+

6

1K+

Salaries

Direct Taxation

answered on 12-Jul-21 07:51

Sir in entertainment allowance for calculating the 1/5th of salary. What we should take for salary?

latest answer

Salary excluding any allowance, benefits or other perquisite

Likhitha Sivani

Likhitha Sivani

CA Final

14K+

1

594

Residental status

Direct Taxation

answered on 12-Jul-21 07:06

In one question taken as standard deduction but in another question not deduct standard deduction why ? Below the questions available

latest answer

Ok

OMKAR REDDY

OMKAR REDDY

CA Inter

6K+

2

643

Law

Corporate & Other Laws

answered on 12-Jul-21 08:48

Audit and auditor

latest answer

Thank you to both ð???..

rinky sharma

rinky sharma

CA Inter

1K+

4

611

Audit

Corporate & Other Laws

answered on 12-Jul-21 08:54

Can anyone explain the 1 and 2 point plz.....

latest answer

Individual auditor can not be appointed for more than 1 term. Firm of auditors can not be appointed for more than 2 terms. Term here refers to consecutive 5 years. So incase of firm, can be appointed as auditors for a maximum period of 5 consecutive years and they can be reappointed for maximum of 5 more years there after. After that 2 terms of 5 years, cooling period of 5 years is applicable

rinky sharma

rinky sharma

CA Inter

1K+

3

555

Sec 89

Corporate & Other Laws

answered on 13-Jul-21 19:21

Please explain the example and the answer given

latest answer

Thank you mam. Even I had the same doubt and was eagerly waiting for your explanation

Priyanka Udeshi

Priyanka Udeshi

CFA L1

14K+

2

678

Registration

Indirect Taxation

answered on 12-Jul-21 09:57

When should I furnish bank account details Under rule 10A? If date of grant of registration is 1.1.2021 .

latest answer

Yeah ok

kowselyaa G

kowselyaa G

CA Final

2K+

6

594

Gratuitous bailment

Corporate & Other Laws

answered on 12-Jul-21 10:16

bailment for the sole benefit of the bailor. Any example?

latest answer

Cloakroom when offered as part of something, say air travel, giving away pet to someone for care etc. Also instances like car repair, shirt for stitching - here bailor benefits

Aman Mahajan

Aman Mahajan

CA Final

19K+

1

627