Forums
Clubbing Sec64(1A)
Direct Taxation
answered on 02-Jun-21 10:05
Sir /Mam In case of minor child covered under exception I mean by way of skill talent he earned income . Does Exemption available to minor under sec 10(32)? 1500 RS p.a
latest answer
No exemption if income is not clubbed
Naresh M
CA Final
★ 75
2
641
If brs is given on 31 December in question should we prepare amended cash book?
Accountancy
answered on 01-Jun-21 12:17
How should we know year ending if it is given on 31 sr December? When should we prepare amended cash book if it is not mentioned in question?
latest answer
Yes. When to be prepared depends on the question.
MATURU HAMSA GAYATRI
CA Final
★ 23K+
1
685
133 rd question
Maths & Stats
answered on 01-Jun-21 10:52
How to solve 133 rd question?
latest answer
For every stall, there are 3 options. So, answer would be 3^10 i.e. 3 x 3 x 3 x 3 x ...(10 times) = 59049
MATURU HAMSA GAYATRI
CA Final
★ 23K+
1
1K+
Secrion 103 - Quorum for meetings
Corporate & Other Laws
answered on 01-Jun-21 11:03
sir.... In this clause.... When number of members will be counted and when Quorum will be decided?
latest answer
Thank you so much sir
Girinath A
CA Inter
★ 765
2
682
Variable cost
Costing
answered on 01-Jun-21 01:17
If sales is 10 and variable cost is 4 and it is given that sales are reduced by 20% . It indirectly tells that variable cost also reduces by 20%?
latest answer
Yes
bsai partish
CA Final
★ 2K+
1
747
5 th question d point
Accountancy
answered on 31-May-21 21:32
In 5 th question d point whether it is deposit cheque or issue cheque?
latest answer
Issued cheque because question says "drawn by her"
MATURU HAMSA GAYATRI
CA Final
★ 23K+
1
581
Service costing
Costing
answered on 01-Jun-21 14:11
Sir in this question I don't understand why is ratio taken and why can't we simply multiply the weight with traffic volume Please explain the working note in detail
latest answer
You can multiply wight with traffic volume and solve - the eventual answer will be the same. please solve and share and we shall correct where there are any mistakes if any
Priyanka Udeshi
CFA L1
★ 14K+
3
655
Supply
Indirect Taxation
answered on 01-Jun-21 10:37
Answer for c and d bit
latest answer
Import of services by a taxable person from a related person or from any of his other establishments outside India, for business purposes, will be treated as supply. (c) - its not for business purpose so not a supply (d) for business thus supply
vijay anvesh
CA Final
★ 85
14
804
Section 43B
Direct Taxation
answered on 01-Jun-21 11:00
Are payments u/s 43B are allowable in any previous year when it is paid on or before filing of return u/s 139(1) OR it should be paid in the year when it is due?? For eg, mr.A was supposed to pay gst of the month april,2019 and he made a provision in his book but he failed to pay before due date u/s 139(1).Later in next financial year he paid those gst amount.Can he still claim the deduction of the gst amount ??
latest answer
Ok.. thank you
Nagesh S Hegde
CA Inter
★ 11K+
2
894
NP incase of cost of debentures chap ( Cost of Capital )
Financial Management
answered on 02-Jun-21 11:54
Sir has taught that market price should be the first preference for irredeemable debentures but in our icai module they have given that issue price is the 1st preference. Can anybody clarify on this please?
latest answer
For irredeemable debentures we usually take the market price, but even issue price may be considered depending upon the details available. In case both are given in the question it is advisable to mention a note regarding the 2nd alternative used
Renganathan Subramanian
CA Inter
★ 0
3
701