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Tds
Direct Taxation
answered on 29-Jun-21 21:44
In tds chapter covid impact rate is applicable r normal rate for July examination
latest answer
Covid impact rate
Kanaga Mani
CA Inter
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1
578
Capital gains
Direct Taxation
answered on 30-Jun-21 08:48
Sir in capital gains, assessee has an option to select the actual cost or fmv as on 1/4/2001 if asset was purchased before 1/4/2001. Is it available in case of building also sir? That means if building purchased before 1/4/2001 we can take either actual cost or fmv as on 1/4/2001 if we took fmv as on 1/4/2001 it should not below SDV right sir?
latest answer
Ok sir thank u so much
Likhitha Sivani
CA Final
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4
553
What is elasticity
Economics
answered on 29-Jun-21 21:07
How to find
latest answer
Example
MATURU HAMSA GAYATRI
CA Final
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2
598
Indigo learn Mock Test
Exams
answered on 30-Jun-21 06:31
How to attempt the omr?
latest answer
foxit pdf
siva chaitanya
CA Final
★ 13K+
7
687
Deduction
Direct Taxation
answered on 30-Jun-21 13:16
In section 80CCD, on the closure of the account or opting out of the pension scheme, 60% of the withdrawal is exempt then 40% is chargeable under which head of income?
latest answer
Section 17(1)(iii) includes pension and annuity. Section 17(2)(vii) includes NPS contribution as perquisite. Section 17 says "For the purpose of sections 15 and 16" So, for employee, it should be taxable under salaries but if it is not employee then it is taxable under other sources.
Neha Gupta
CA Final
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2
632
Whether correct answer is d or e?
Economics
answered on 30-Jun-21 08:06
Capitalist economy uses......... to solve economic problem(D)impersonal forces of market demand and supply.(E)price mechanism.(F)external reports(G)economic theories
latest answer
E happens because of D and not the otherway around
MATURU HAMSA GAYATRI
CA Final
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3
602
Auditor
Corporate & Other Laws
answered on 29-Jun-21 18:09
An individual is eligible to be an auditor if he is a CA , as per section 141(1). Where is the condition relating to certificate of practice mentioned?
latest answer
The word "chartered Accountant" is defined in section 2(17) which says that chartered accountant is the one who holds valid certificate of practice under the chartered accountants Act. In section 141 and throughout the Companies Act wherever the word chartered accountant is used we will understand it as practicing chartered accountant.
Aman Mahajan
CA Final
★ 19K+
1
558
Auditor
Corporate & Other Laws
answered on 03-Jul-21 18:05
Why canâ??t a company be an auditor of another company?
latest answer
issues of reputation, limited liability, individual responsibility - same reason lawyers are not allowed to form companies for representing cases
Aman Mahajan
CA Final
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3
713
Declaration and payment of dividend
Corporate & Other Laws
answered on 29-Jun-21 18:54
Sir in this question Even though he was not invested why we are taking 100 Rs. As investment
latest answer
Dividend is on face value of shares and not on paid up value
M Naresh
CA Final
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1
537
Declaration and payment of dividend
Corporate & Other Laws
answered on 29-Jun-21 17:54
Sir in this question Even though he was not invested why we are taking 100 Rs. As investment
latest answer
Unless there is a provision in the article of association to pay the dividend in proportion to paid up capital, generally the dividend is paid on the full nominal value of the share. ( Section 51) Accordingly here 10% dividend is calculated on the full nominal value for 5000 shares even though the paid up value is less. Reason being there is nothing stated about it in the article of association.
M Naresh
CA Final
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1
519