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Interim Dividend 123(3)

Corporate & Other Laws

answered on 05-Jun-21 19:57

If there is loss in current year, and company decided to pay interim dividend and company complied 3years Average Rate Rule. From which source it can pay sir/mam?

latest answer

However - SS-3 (Secretarial standard) recommends not to declare interim dividend out of amount transferred to free reserves.

M Naresh

M Naresh

CA Final

3K+

2

672

Probability

Maths & Stats

answered on 05-Jun-21 13:34

Can any one solve this sum and send solution

latest answer

a) 32/99 Case 1: Red ball is picked from Bag 1 Probability = 5/9 Bag 2 will now have 4 red and 7 black. A red can be picked with probability = 4/11 Case 1 probability is 5/9 x 4/11 = 20/99 Case 2: Black ball is picked from Bag 1 Probability = 4/9 Bag 2 will now have 3 red and 8 black. A red can be picked with probability = 3/11 Case 2 probability is 4/9 x 3/11 = 12/99 So, possibility of red from second bag = 20/99 + 12/99 = 32/99

Aakash Raavi

Aakash Raavi

CMA Inter

320

1

658

Financial decisions capital structure

Financial Management

answered on 05-Jun-21 14:48

What is meant by financial break even point? Please elaborate with simple example

latest answer

Thanks for the reply

Miradevi S

Miradevi S

CA Final

16K+

4

1K+

Financial decisions capital structure

Financial Management

answered on 05-Jun-21 15:27

What is meant by financial break even point? Please elaborate with simple example

latest answer

Thank you mam

Miradevi S

Miradevi S

CA Final

16K+

2

551

Find mean

Maths & Stats

answered on 05-Jun-21 13:00

If f(x)=1/n then mean is

latest answer

N+1/2

MATURU HAMSA GAYATRI

MATURU HAMSA GAYATRI

CA Final

23K+

1

623

Depreciation treatment in respect of amalgamation or demerger with different rates of depreciation

Direct Taxation

answered on 07-Jun-21 10:28

If A company is amalgamated company and B is amalgamating company, the depreciation is calculated by B and apportioned between A and B in the previous year. What is the treatment of depreciation, if A is a power company with different depreciation rate from B which is not a power company or the companies have different depreciation methods

latest answer

In pooling of interest method, if at the time of amalgamation, the transferor and the transferee companies have different accounting policies, a uniform set of accounting policies is adopted following the amalgamation. If the asset are different blocks, the rates are to be different.

John Selvaraj

John Selvaraj

CA Inter

140

1

815

Mcqs

Exams

answered on 05-Jun-21 09:38

Hello Ma'am/Sir Please introduce some types of tags which we can put on mcqs or like we can mark mcqs which are different or difficult. This will help us during the revision of syllabus. We tend to forget as days pass so these tags will help us revising certain typical mcqs on the day of the exams.

latest answer

will inform tech team

Neha Gupta

Neha Gupta

CA Final

4K+

1

676

Charge of gst

Indirect Taxation

answered on 14-Jun-21 15:00

Assesse doing bussiness of lending of money to outsiders then he is applicable for gst

latest answer

Thank u

sasidhar cheboyina

sasidhar cheboyina

CA Final

100

4

646

Sec 30 on Deduction - what is the meaning of "rates"

Direct Taxation

answered on 04-Jun-21 22:04

In the lecture relating to Section 30 which deals with deduction of rent, rates, repairs etc - what is the meaning of "rates". It is not explained in the lecture.

latest answer

â??Ratesâ?? can be any charge upon the building. Like Municipal tax rate, Royalty rate for usage of building etc. No specific meaning

John Selvaraj

John Selvaraj

CA Inter

140

1

716

Section

Direct Taxation

answered on 09-Jun-21 11:04

Sec.80EEA & Sec.24 - Both relate to housing loan interest. What's the key difference between, these 2 sections?

latest answer

Thanks Sir.

Balamurali Unnithan M S

Balamurali Unnithan M S

CA Inter

3K+

24

838