powered by logo

Forums

Exams

Corporate & Other Laws

answered on 30-Jun-21 20:47

While writing case based answers in exam If we forgot section can we write as per provisions of ......act Example question is related to companies act We forgotten section Can we write "As per provisions of Companies act,2013"

latest answer

Thanks

Sairam Reddy

Sairam Reddy

CA Final

10K+

3

592

Is option a or d

Economics

answered on 01-Jul-21 19:09

What is answer

latest answer

Both a and c that is option d. In a democratic political setup, there are three institutions namely the legislature, the executive and the judiciary. The legislature, and executive comes under the political environment and the judiciary is a part of legal environment.

MATURU HAMSA GAYATRI

MATURU HAMSA GAYATRI

CA Final

23K+

2

648

Incorporation of company and matters incedental thereto

Corporate & Other Laws

answered on 30-Jun-21 22:09

Can any one explain sec6 Act To override memorandum, articles ect Clearly

latest answer

Thank you sir

Sairam Reddy

Sairam Reddy

CA Final

10K+

2

546

Limit for audit of companies

Corporate & Other Laws

answered on 30-Jun-21 12:57

Point 7. Is this limit of companies only for statutory audit? Does this include internal audits, cost audit, tax audit etc?

latest answer

At the date of appointment, we have to consider, if holds less than 20

Aman Mahajan

Aman Mahajan

CA Final

19K+

4

678

Demand

Economics

answered on 30-Jun-21 13:42

Is demand personal or impersonal force?

latest answer

In the context of an economy where market forces of demand and supply determine prices and course of action, there will be a few people acting without rationale but most of the decisions are based on rationale. Individual choice even if different is a small portion - from an overall market perspective demand is a rational response to some event or requirement

MATURU HAMSA GAYATRI

MATURU HAMSA GAYATRI

CA Final

23K+

5

564

Sec 141

Corporate & Other Laws

answered on 30-Jun-21 22:06

Does indebted include payments due for goods (trade receivables) or just debt? Can a debtor ( for goods) be an auditor?

latest answer

Aggregate amount owed by person must be checked. It includes trade receivables & debt.

Aman Mahajan

Aman Mahajan

CA Final

19K+

2

782

Sec 141

Corporate & Other Laws

answered on 30-Jun-21 08:07

What corrective action can be taken by the auditor?

latest answer

Dispose off those Securities

Aman Mahajan

Aman Mahajan

CA Final

19K+

1

601

Can or cannot

Exams

answered on 30-Jun-21 06:28

Can I did in ipcc ist group in 6 days preparation..

latest answer

Sorry we cannot answer such questions

Sunil Kumar

Sunil Kumar

CMA Inter

6K+

1

655

Big 4

Corporate & Other Laws

answered on 30-Jun-21 13:37

EY operates as a network of member firms which are structured as separate legal entities in a partnership, which has close to 300,000 employees in over 700 offices in more than 150 countries around the world.[5] The firm's current partnership was formed in 1989 by a merger of two accounting firms; Ernst & Whinney and Arthur Young & Co. Why are Big 4s organised as firms and not companies inspite of their large size?

latest answer

Companies act 2013 section 141(3) restricts a body corporate ( company ) other than LLP from appointment as an auditor. So these act as Network of Firms instead of Companies.

Aman Mahajan

Aman Mahajan

CA Final

19K+

2

595

Tds

Direct Taxation

answered on 30-Jun-21 08:52

3 point on question how calculate

latest answer

Every month he deposits Rs 2,00,000. From October to March. You have to calculate the interest on monthly available balance. For Example: October to March - 2,00,000 x 8% x 6/12 November to March - 2,00,000 x 8% x 5/12 December to March - 2,00,000 x 8% x 4/12 Jan to March - 2,00,000 x 8% x 3/12 Feb to March - 2,00,000 x 8% x 2/12 March - 2,00,000 x 8% x 1/12 Solve like this as you solve interest for normal recurring deposit. You will get the answer

Kanaga Mani

Kanaga Mani

CA Inter

3K+

1

578