Forums
Income From House Property
Direct Taxation
answered on 12-May-21 21:51
it is stated that if the property is vacant for part of a year, the actual rent becomes lesser and it shall be the GAV. But as per the general rule of computation, the higher of AR or ER will be GAV. So in this case, even the AR is lesser, why is it calculate as GAV rather than ER?
latest answer
Okey Mam, I check. Thank you for the reply.
Balamurali Unnithan M S
CA Inter
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3
887
Company with charitable object
Corporate & Other Laws
answered on 12-May-21 19:00
Minimum and maximum no.of persons need to create charitable company.
latest answer
Depends whether it is formed as private company or public company Private - 2 , public- 7
Elavarasi B
CA Inter
★ 46K+
1
642
Ratio analysis
Financial Management
answered on 13-May-21 10:13
Total capitalization means
latest answer
Thank you mam
Miradevi S
CA Final
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2
704
Business
Direct Taxation
answered on 12-May-21 15:56
Sir, Not understand the yellow marked condition I attached below. An income is illegal, how it's attracted to tax? More appreciatable its explain with an example?
latest answer
Ok Sir.
Balamurali Unnithan M S
CA Inter
★ 3K+
4
702
Indian contract act
Corporate & Other Laws
answered on 12-May-21 13:29
Explain 32nd question with detailed explanation.
latest answer
There is one principal debtor sunil and creditor Rajendra . Then sunil himself appoints a agent ( Rajendra) to sell his land and told him whatever amount he receives from the sale of the land he shall set off with the pre existing loan of 300,000 So now even the agent( Rajendra) has interest in the agency because he will need to sell the land in order to get his amount back. So as per sec 202 an agency becomes irrevocable where the agent himself has interest in the property which forms the subject matter of agency ( it doesn't even end on the death, insanity of the principal) So the revocation of agency by sunil is not lawful.
Sathiya Bama
CA Final
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1
750
Sec 115BAC
Direct Taxation
answered on 13-May-21 12:16
In the new tax regime, the assessee can choose either the new scheme or the former one, right???
latest answer
yes
Sainisha Ramesh
CA Inter
★ 200
8
714
Doubt
Financial Management
answered on 12-May-21 13:38
Is depreciation is operating or non operating expenses
latest answer
Thank you
Miradevi S
CA Final
★ 16K+
2
728
discounting rate
Maths & Stats
answered on 12-May-21 10:56
what is logic of using the term discounting rate in the present value calculation
latest answer
Discount generally means something less.
nisam M
CA Final
★ 23K+
1
581
CMA exams
Exams
answered on 12-May-21 10:54
Can I apply now for CMA foundation exams
latest answer
No exemption for CA Foundation. There is exemption for CMA foundation if you qualify CA intermediate.
siva chaitanya
CA Final
★ 13K+
3
818
time value of money , tried the question but not getting ,
Maths & Stats
answered on 12-May-21 19:20
sir please do provide the solution and explain it for the following question Q1 . The ratio of principal and the compound interest value for three years (compounded annually) is 216: 127. The rate of interest is (a) 0.1567 (b) 0.1777 (c) 0.1666 (d) 0.1588 Q2. An amount is lent at a nominal rate of 4.5% per annum compounded quarterly. What would be the gain in rupees over when compounded annually. (a) 0.56 (b) 0.45 (c) 0.76 (d) 0.85 Q3. 20. Suppose you deposit Rs. 900 per month into an account that pays 14.8% interest compound monthly. How much money will you get after 9 months? (a) Rs. 8,511 (b) Rs. 9,000 (c) Rs. 9,200 (d) Rs. 1,000 Q4. A five year annuity due has periodic cash flow of Rs. 100 each year, If the interest rate is 8% the future value of this annuity is given by (a) (Rs. 100) Ã? (future value at rate 8% for 5 years) Ã? (0.08) (b) (Rs. 100) Ã?(future value at rate 8% for 5 years) Ã? (1â??.08) (c) (Rs. 100) Ã? (future value at rate 8% for 5 years) Ã? (1+.08) (d) (Rs. 100) Ã? (future value at rate 8% for 5 years) Ã?(1/0.08)
latest answer
thank u sir , got it
nisam M
CA Final
★ 23K+
4
2K+