Forums
Omrshading
Exams
answered on 04-Jul-21 20:01
Whether one shading can be done only with HB pencil
latest answer
Hb pencil as it shade dark
Sajan Gangadharan
CA Final
★ 9K+
4
631
Facts in Case Study
Corporate & Other Laws
answered on 04-Jul-21 21:47
Is it Compulsory to Write Facts in Case Study
latest answer
https://youtu.be/aeAoK6cu4cE
Bharath Sathvik
CA Inter
★ 490
4
629
Pre and post incorporation
Accountancy
answered on 04-Jul-21 20:04
Is Interest on loan taken in post incorporation period to pay the purchase consideration chargeable to pre incorporation period?
latest answer
Thank you sirr
Nagesh S Hegde
CA Inter
★ 11K+
6
585
Hire purchase
Accountancy
answered on 04-Jul-21 22:15
Can any one explain the reason behind hire vendor preparing interest suspense account
latest answer
It's just a method of accounting that would be at discretion of vendor depending on its business, items or volume. Vendor may want to know upfront how much it will get from particular vendor and may want to debit him with that amount at the time of sale / hire purchase itself.
Sairam Reddy
CA Final
★ 10K+
1
672
rule 36 ITC
Indirect Taxation
answered on 11-Jul-21 07:58
unmatched credit, in book they gave 10% whereas in video sir is 20% which one we should follow for nov21 exam
latest answer
Rule 36(4) states that the provisional tax credit (without invoices on GSTR-2B**) can be claimed in the GSTR-3B to the extent of 5%* of eligible ITC reflected in the GSTR-2B with effect from 1st Jan 2021. However, it was 10% between 1st Jan 2020 and 31st Dec 2020 while was earlier restricted to 20% for the period from 9th Oct 2019 up to 31st Dec 2019.. For Nov 21 attempt it would be 5%
GOKULA LAKSHMI
CA Final
★ 21K+
8
705
Preparation and presentation of FS
Accountancy
answered on 04-Jul-21 16:55
Sir bills payable and bills receivable comes under the head ?? In B/S
latest answer
current assets and current liabilities
Naresh M
CA Final
★ 75
1
585
AS 11
Accountancy
answered on 04-Jul-21 17:00
What is exchange difference in forward exchange contract?how it is determined ?
latest answer
Ok sir tnq
Abhishek Purohit
CA Inter
★ 10K+
6
679
Preparation and presentation of Financial statements
Accountancy
answered on 04-Jul-21 21:51
Sir, In Balancesheet they have given 12% debentures and bank balance is given. 1)What we have to assume sir Whether interest paid and bank balance already adjusted or 2) Interest is payable 3) interest is to be paid and reduce from bank balance
latest answer
Because paid up share capital doesn't include that amount. Had it been added, we would deduct then
M Naresh
CA Final
★ 3K+
3
593
Presumptive income u/s 44 AD, ADA
Direct Taxation
answered on 10-Jul-21 10:24
If a person has income from a business and from a profession , can he opt for presumptive computatn for his BUSINESS income and NOT opt for presumptive computation for income from PROFESSION. Or ENTIRE income from PGBP has to be either computed as per books or as per presumptive compitation only ?
latest answer
44AD - Business Income - Presumptive. 44ADA - Presumptive scheme for notified professionals. Assesee can opt 44AD up to 2 Crores of turnover, 44ADA can choose up to 50 lakhs.
Ali S
CA Final
★ 8K+
2
629
Query regarding articleship
Others
answered on 04-Jul-21 13:41
I have completed Cpt in dec 2018 and bcom in mar 2020. Registered for ca inter in feb 2019 but didn't clear inter. If I register for articleship through direct entry on or before 30th july 2021, When will I able to appear for inter exams ?
latest answer
If you register on 31 July 2021 then Finals will be in May 2024 articleahip ends on 30 July 2024
divya prasath
CA Inter
★ 5K+
4
592