Forums
Investor Education protection Fund
Corporate & Other Laws
answered on 29-Jun-21 07:54
is Investor Education protection Fund is separate fund that should create and run by company individually or CG may create One fund account for all companies?
latest answer
Its a single fund
Surya Prakash
CA Final
★ 19K+
1
551
Sec 139
Corporate & Other Laws
answered on 29-Jun-21 10:40
Appointment of auditor
latest answer
Please share your query.
Mohammed saqlain Ali
CA Inter
★ 310
1
549
Branch auditor for branch outside India
Corporate & Other Laws
answered on 29-Jun-21 12:27
It is given that accountant can be appointed as Branch auditor. Whether it is correct?
latest answer
Such Accountant should be qualified to act as the auditor of the account of branch office in accordance with the law of that country.
Nivedha Balaji
CA Final
★ 9K+
1
491
BANKING COMPANIES
Accountancy
answered on 29-Jun-21 10:16
How they find this value in schedule 13 for the current yr.. of interest/ discount??
latest answer
1. Tax provision and Provision for doubtful debts to be shown separately as provisions and contingencies. 2. Loss on sale of investment to be deducted from profit on sale of investment. These amounts should be added back to Interest earned. (2045+ 148+92+12 = 2297)
Sathiya Bama
CA Final
★ 24K+
1
524
Employer's contribution to Unrecognised GF
Direct Taxation
answered on 29-Jun-21 10:01
Employer's contribution towards unrecognised Gratuity fund For Employer It's not deductible in the year of contribution. Is it deductible in the year of due or payable ? Sec.40A(7)
latest answer
40A(7)(b) - Nothing in clause (a) shall apply in relation to any provision made by the assessee for the purpose of payment of a sum by way of any contribution towards an approved gratuity fund, or for the purpose of payment of any gratuity, that has become payable during the previous year. This clause specifies contribution towards an approved gratuity fund or for the purpose of payment of gratuity. So, where employer had incurred genuine expenditure for the welfare and the benefit of the employees, contributions to unapproved and unrecognized funds had to be allowed as a deduction
Chandan Subudhi
CA Final
★ 12K+
1
805
Cost sheet
Costing
answered on 29-Jun-21 11:14
Can any one explain factory overheads absorption
latest answer
Thank you so much
Sairam Reddy
CA Final
★ 10K+
6
855
Question
Accountancy
answered on 28-Jun-21 21:27
I have done the calculation near the ques but didn't get answer .plss tell me wat is wrong ??
latest answer
You included cash transaction 9500
Reetikaa R
CA Final
★ 7K+
2
564
Section 140(5)
Corporate & Other Laws
answered on 28-Jun-21 20:16
Whether the partner of a firm who didn't act in a fraudulent manner is eligible to be appointed as auditor in any company in his individual capacity?
latest answer
Thank you sir
Nivedha Balaji
CA Final
★ 9K+
2
488
Query
Others
answered on 28-Jun-21 17:57
I'm practicing my inter financial management only from icai study material. Is it sufficient for scoring exemption?
latest answer
Thankyou ð???
RONALI SAHOO
CA Inter
★ 110
3
513
ITC
Indirect Taxation
answered on 28-Jun-21 16:33
Sir the inputs on the day preceeding the liable to tax can get credit, but the invoice shoule be within in 1 year in this case invoice is of within 1 year but they restricted under section 16(4) sir. ?
latest answer
Ok mam thank u so much
Likhitha Sivani
CA Final
★ 14K+
8
768