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Classification of head of income

Direct Taxation

answered on 25-May-21 21:45

Interest received from letting of money to outsiders is taxable under which head

latest answer

Thanks sir

sasidhar cheboyina

sasidhar cheboyina

CA Final

100

2

691

Depreciation

Direct Taxation

answered on 26-May-21 08:52

If question is silent then do we need to calculate just normal depreciation or reduced,normal and additional depreciation for first year?

latest answer

Tq

bsai partish

bsai partish

CA Final

2K+

5

699

App related

Others

answered on 25-May-21 21:52

Can I download this app in laptop

latest answer

Use website to access on laptop. www.indigolearn.com

Divya N

Divya N

CA Final

0

2

762

Turnover

Indirect Taxation

answered on 26-May-21 13:06

As per GST latest amendment, the threshold limit for taking registration for goods is Rs.40 Lakhs are Services are 20 Lakhs. These are the expected turnover or the actual turnover. If the assesee fails to take registration if crossing the limits within 30 days. What're the consequences?

latest answer

Okey.

Balamurali Unnithan M S

Balamurali Unnithan M S

CA Inter

3K+

4

646

General Query.

Direct Taxation

answered on 26-May-21 16:07

Understand what is included in PGBP u/s 28. Doubt is if an assessee has income from salary, Crossing 1 Crore Per year. He has taxed his income u/s 192 or taxed u/s 44AB with provisions of PGBP.

latest answer

When solving the problem, dig at the roots, instead of just hacking the leaves. It's my moral. Thank you, sir.

Balamurali Unnithan M S

Balamurali Unnithan M S

CA Inter

3K+

12

707

AS 16

Accountancy

answered on 25-May-21 21:32

Construction of building was stopped due to lock down then do we need to capitalise the borrowing cost incurred during that period or debit to p and l a/c?

latest answer

Tq

bsai partish

bsai partish

CA Final

2K+

2

749

Arbitration

Financial Management

answered on 26-May-21 10:36

Arbitration means equalling the value of levered and unlevered firm , but when doing arbitration in illustrations ,if we transfer from unlevered to levered ,levered values become more than unlevered ,wherre is the point of equilibrium?

latest answer

Arbitrage process is done only in two cases. One where, Value of levered firm is more than the value of unlevered firm and where value of unlevered firm is more than the value of levered firm. Hence attaining equilibrium

venkatesh sundharamoorthy

venkatesh sundharamoorthy

CA Final

34K+

1

679

Government interventions to correct market failure

Economics

answered on 26-May-21 11:58

Could you please explain me the answer.

latest answer

Thank you so much sir ð???

Rithani R.C

Rithani R.C

CA Inter

4K+

2

616

Modigliani Miller approach -with tax

Financial Management

answered on 26-May-21 10:54

Is the below attached formula is wrong ? In classes said by sir was cost of equity in a levered comapny Keg=Keu + (keu-Kd) debt /equity ,but In book it is debt / debt + equity? Which one is correct

latest answer

The one taught in class is correct

venkatesh sundharamoorthy

venkatesh sundharamoorthy

CA Final

34K+

3

876

capital structure

Financial Management

answered on 26-May-21 10:38

when calculating arbitrage process we should also present alternative strategy as given in icai book?

latest answer

No

satya nagulapalli

satya nagulapalli

CA Inter

150

3

622