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Direct Taxation
answered on 11-Jul-21 21:00
One doing business of builder means selling buildings and land and also allotted for rent. In his hand his own 10 Properties. He sold 6 Properties, due to some market conditions 4 properties remain unsold and the remaining 4 given for rent. In Which heads, these incomes are charged. ?
latest answer
Sure
Balamurali Unnithan M S
CA Inter
★ 3K+
11
730
CA Final registration & papers overview
Others
answered on 10-Jul-21 14:54
I need to know about eligibility of CA Final registration & analysis of the papers
latest answer
You can take now
pranitha n
CA Final
★ 0
4
747
Sec 11 f General clauses act
Corporate & Other Laws
answered on 11-Jul-21 02:20
The section says that distance should be measured in a straight line. But what if the SHORTEST road connecting the two points is a little zig zag. Which distance will be considered?
latest answer
Roadways between points don't matter. Distance calculated in straight line only.
Aman Mahajan
CA Final
★ 19K+
1
556
General clauses act
Corporate & Other Laws
answered on 11-Jul-21 02:29
What is the difference between sec 6A and 8 of the act? 6A says that reference to a repealed act will continue but 8 says that reference to new act shall be considered. What should be done?
latest answer
Section 8 talks about an act which is repealed and replaced with a reenactment. In that case the reference of the new act shall be considered Section 6A talks about an act which is repealed but not reenacted. In that case reference of the repealed act will be taken.
Aman Mahajan
CA Final
★ 19K+
1
672
Company audit
Auditing
answered on 10-Jul-21 22:42
An auditor has been removed before the expiry of his tenure .. how can new auditor be appointed?
latest answer
Ooh shit by mistakenly I saw resigned Instead of removed :/ In case of removal of auditor ,the new auditor will be appointed by the shareholders only at the general meeting as they only approved the resolution for the removal of auditor
Harshita Kedia
CA Inter
★ 4K+
3
615
Sec.56
Direct Taxation
answered on 10-Jul-21 18:14
GIft Exemption limit in cash/kind is 50000/year is aggregate or persons to persons?
latest answer
Cash gift - Aggregate money exceeds Rs. 50000 Movable property - Aggregate value exceeds Rs. 50000 Immovable property - then per property SDV exceeds Rs. 50000
Balamurali Unnithan M S
CA Inter
★ 3K+
9
651
CONVERSION FROM OLD TO NEW
Others
answered on 09-Jul-21 20:08
Need to revalidate registration before conversion from old to new ? if validity expired
latest answer
Yes
MUHAMMED FARIS KK
CA Inter
★ 15
1
640
Labour
Costing
answered on 11-Jul-21 08:12
In illustration 5 1. In calculating net profit why outward journey c-b didn't include?? 2. Why penalty reduced 2 times??
latest answer
c-b is included in the outward journey of a-b
Kanaga Mani
CA Inter
★ 3K+
2
667
As 16
Accountancy
answered on 10-Jul-21 16:14
In Lecture 10 of AS 16 the solution shown is diff from icai sugg ans Which one to follow?
latest answer
Okay Sir Thankyou!!
Priyanka Udeshi
CFA L1
★ 14K+
10
636
Rectification
Accountancy
answered on 09-Jul-21 16:24
"B" purchase goods on credit for Rs.50,000 from Ram. He made this entry in sales book instead of purchase book. Why can't we just stick those errors instead of rectifying the errors?
latest answer
Most welcome!
Vijay K
CA Inter
★ 9K+
5
562