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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+
Continuing failure
Corporate & Other Laws
answered on 12-May-21 08:48
What is a continuing failure? Does it mean that the company is not filing the declaration with RoC for a continuing period or does it mean that the company is not paying the basic penalty for a continuing period.?
latest answer
The former - not filing
Aman Mahajan
CA Final
★ 19K+
1
719
Account current
Accountancy
answered on 15-May-21 13:51
Sir please explain this
latest answer
Yes
Poojitha Jana
CA Foundation
★ 280
21
756
Study material
Others
answered on 11-May-21 22:48
Do you provide study material after subscribing to the courses?
latest answer
Our notes are available only in PDF form and can be accessed in the link below: https://www.indigolearn.com/resources
Chris Topher
CA Foundation
★ 5
1
687
Divided
Direct Taxation
answered on 11-May-21 22:55
Dividend paid by indian company is taxable or exempt in the hands of shareholders... Then why??
latest answer
Bro earlier it was exempt ... But now it's taxable
Kishore kumar
CA Final
★ 2K+
2
692
Sec.40(2) and Sec.40(2b)
Direct Taxation
answered on 15-May-21 17:13
As per Sec.40(2) and Sec.40(2b), in the class - says income tax paid is not taken as an expense? Income tax is paid by the company can be taken as the expense? That's an expense for the company? Sec.40(2b) says - Amount paid to Govt. undertakings is not taken as an expense? For eg., if a property tax/building tax paid by the company to the municipality is taken as an expense for the company? In a normal manner, the above two examples are purely business-related. Then why disallowed?
latest answer
Text of 40a(iib) of Income Tax Act (iib) any amountâ?? (A) paid by way of royalty, licence fee, service fee, privilege fee, service charge or any other fee or charge, by whatever name called, which is levied exclusively on; or (B) which is appropriated, directly or indirectly, from, a State Government undertaking by the State Government.
Balamurali Unnithan M S
CA Inter
★ 3K+
25
865
Sec.40A(1)
Direct Taxation
answered on 11-May-21 23:47
Doubt is under Section.4A(1) , Full amount is disallowed or 30%.?
latest answer
Thank You.
Balamurali Unnithan M S
CA Inter
★ 3K+
2
687
Sec.201(1) & 40(a)(1) /40(a)(1a)
Direct Taxation
answered on 12-May-21 11:49
Both sections are talks about the non-deduction of Tax? There is a condition mentioned in Sec.201(1) -Video for the avoidance of disallowance, Tax Paid by the recipient. If the recipient's income below the taxable limit or he has deductions for the same. There is no need to pay tax. Then what about the condition mentioned in section 201(1)?
latest answer
Yes. The recipient has to submit Form 15G so as to not deduct the tax
Balamurali Unnithan M S
CA Inter
★ 3K+
5
916
Sec.40(a)(1a)
Direct Taxation
answered on 12-May-21 11:50
As per Sec.40(a)(1a), TDS is not deducted and not deposited during the previous year,30% of the expense is disallowed. And the payment of the same is not done. ie, TDS deducted on professional income, It's not transferred by the assessee. So he can claim 70% in the P&L.?
latest answer
Liability to deduct TDS arises at the time of payment or due basis which ever is earlier
Balamurali Unnithan M S
CA Inter
★ 3K+
5
664
Capital gains
Direct Taxation
answered on 11-May-21 15:27
Is indexation benefit available for cost of improvement incurred by previous owner
latest answer
Thank you sir
manideep martha
CA Final
★ 10K+
4
597