powered by logo

Forums

Time value of money

Maths & Stats

answered on 21-Jun-21 13:03

Explain 40 th sum

latest answer

And this forum discussion https://1fin.page.link/fZ5vrMPD5fWoeSC6A

MATURU HAMSA GAYATRI

MATURU HAMSA GAYATRI

CA Final

23K+

2

620

CHARGE OF GST

Indirect Taxation

answered on 22-Jun-21 14:05

Q1] Can a trader trade in tobacco , ice cream , panmasala etc and get into composition scheme or with manufacturer , trader is also not allowed? Q2] If a person is registered under 2 states i.e. MEGHALAYA AND MAHARASHTRA, which limit will be taken on aggregate turnover ? 1.5cr or 75L???

latest answer

1. Trader in Tobacco, ice cream or pan masala can opt for composition scheme. Its not allowed for manufacturer of such goods. 2. In this case - limit will be considered as 75 lakhs only. i..e, Lower limit will apply.

Lalit Sanpal

Lalit Sanpal

CA Final

6K+

2

832

Assessment procedure

Direct Taxation

answered on 21-Jun-21 11:33

Pls check the attachment and tell me why my answer is wrong

latest answer

Thank you for help.

Bhavya Kumar

Bhavya Kumar

CA Final

7K+

4

666

foundation course extension

Others

answered on 21-Jun-21 08:42

can i use my icash points to extend my course

latest answer

Unfortunately, icash cannot be used to buy mock tests/mentorship course or pay for extensions. icash is a sort of discount - we are charging money for extensions / mocks mentorship to cover our costs. if we permit usage of icash, we will not get any money to meet our tech and related expenses

bhavana boggavarapu

bhavana boggavarapu

CA Foundation

2K+

1

589

Residential status

Direct Taxation

answered on 21-Jun-21 10:07

Sir, if a person of Indian origin comes to India(exceeding Indian income 15L), we have to check 182 days (1st condition) or 120 days & 365 in preceeding 4 financial years(2nd condition) if any one of the condition satisfied he is resident resident right sir? But in case of a person not exceeding 15L have only one condition i.e., 182 days to satisfy?

latest answer

Ok sir thank u soo much

Likhitha Sivani

Likhitha Sivani

CA Final

14K+

7

759

Sales of goods act

Corporate & Other Laws

answered on 21-Jun-21 11:16

What is stipulation... In simple terms.

latest answer

the breach of which gives rise to a right to treat the contract as repudiated.

Aditya  A.D

Aditya A.D

CA Foundation

10K+

4

585

EMI

Financial Management

answered on 21-Jun-21 05:12

Loan amount=100000 term = 3years EMI = 40211 (paid annually) From the above information.....AF = 2.4868 How to find r% without using annuity table?

latest answer

use calculator and trial and error method to find IRR

Girinath A

Girinath A

CA Inter

765

1

690

Materialty

Auditing

answered on 21-Jun-21 09:30

There is a relationship between the percentage and the chosen benchmark, such that a percentage applied to profit before tax form continuing operations will normally be higher than a percentage applied to total revenue.

latest answer

Determining percentage to be applied to a chosen benchmark involves the exercise of professional judgement. Higher or lower percentages, however, may be deemed appropriate in different circumstances.

Kishan Shettigar

Kishan Shettigar

CA Inter

2K+

1

621

Related to itc

Indirect Taxation

answered on 21-Jun-21 10:07

Sir in case of Mr.A to Mr.c the Central government received 900 and the central government received from state government is 900 is set off against the IGST 1800 in case of Mr.C to Mr.H Then how again the revenue to Central government is 2700 + 900 + 900 =3150

latest answer

Thats two different transactions - first is Mr.C to Mr.H and second is Mr.H to Mr.S

Subramanyam N

Subramanyam N

CA Inter

6K+

2

641

Direct entry ca

Others

answered on 20-Jun-21 22:22

IGNOU B.COM degree is eligible for CA ARTICLESHIP or not

latest answer

More than 55% Mark also required for Direct Entry for commerce graduates.

krishna murthi

krishna murthi

CA Inter

0

7

671