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Sec 47

Corporate & Other Laws

answered on 19-Jun-21 11:19

Voting rights exempt to Pvt co??

latest answer

Section 47 is applicabe to private copany subject to its AoA. So, if AoA says section 47, not applicable, it will mention how are voting rights between members and that shall be followed.

Aswini Gorige

Aswini Gorige

CA Inter

7K+

1

580

CARO

Auditing

answered on 19-Jun-21 06:31

Which CARO is applicable for upcoming exams 2016 or 2020????

latest answer

As of now CARO 2020 - lets wait for ICAI official announcement if any

Triveni Patil

Triveni Patil

CA Inter

290

6

626

NBFC

Accountancy

answered on 21-Jun-21 08:49

Sir whether an asset overdue for 4months is a standard or sub standard?

latest answer

As per the direction given by RBI, if it is exactly 3 months also, it becomes NPA and slips to sub standard. You can quote the same in the exam and consider it as sub standard.

manideep martha

manideep martha

CA Final

10K+

16

803

Unrealised profit

Accountancy

answered on 19-Jun-21 14:32

How come this 10000 unrealised profit

latest answer

It is inter company purchase. P purchased goods from Q for Rs. 10,000. Unrealised profit will be 20% of Rs. 10,000.

Triveni Patil

Triveni Patil

CA Inter

290

1

611

How to buy individual chapters

Others

answered on 18-Jun-21 21:06

Sir, I want CMA inter only accounting chapter can I buy this through individual modules and how?

latest answer

All the best

Roshan Zameer

Roshan Zameer

ACCA Professional

24K+

10

674

Deferred tax doubt

Direct Taxation

answered on 18-Jun-21 20:20

Accounting profit (after depreciation) is Rs 72 Lacs. Depreciation as per books is Rs 9 Lacs. Depreciation as per income tax act is Rs 10 crores. So no taxable income, only loss to be carried forward. What is the amount of deferred tax asset or liability?? How to show tax expense in P&L??

latest answer

Thank you sir

Darshini Pandiarajan

Darshini Pandiarajan

CA Final

5

2

602

Taxation

Accountancy

answered on 18-Jun-21 22:03

What is Deferred Tax in simple terms....

latest answer

Thank you sir...

Aditya  A.D

Aditya A.D

CA Foundation

10K+

3

720

Charge under gst

Indirect Taxation

answered on 19-Jun-21 08:17

Conditions for opting of sec 10 * Restricted from inter state outward supplies i.e making supply of interstate outward supplies ineligible for sec 10 but this outward supply is also included in only aggregate turnover of preceding yr Is it correct

latest answer

To calculate aggregate turnover - Inter state outward supplies is included. However, if any person is engaged in inter state outward supply of goods he cannot opt for composition scheme under Section 10(1)

Aswini Gorige

Aswini Gorige

CA Inter

7K+

1

617

Charge under gst

Indirect Taxation

answered on 19-Jun-21 10:16

Gst on real estate sector

latest answer

Ok tq sir I understood

Aswini Gorige

Aswini Gorige

CA Inter

7K+

2

725

NBFC

Accountancy

answered on 18-Jun-21 17:42

What is the meaning of first sentence

latest answer

A general provision at 0.40 percent of outstanding standard assets should not be considered for calculating net NPAs. It is shown separately as contingent provision against standard asset in balance sheet.

manideep martha

manideep martha

CA Final

10K+

1

552