Forums
Download of Videos
Others
answered on 11-May-21 18:10
Where can I download the lecture videos in the 1 FIN app in IOS to view in offline
latest answer
Sorry for incorrect information provided earlier - download video option is available only on android devices and not iOS devices
sai krishna teja
CA Inter
★ 940
5
1K+
Bonus and right issue
Accountancy
answered on 11-May-21 12:29
Can we right issue to preference share holders?? Can we issue bonus shares to preference share holders??
latest answer
Good response above. To add here in terns of Companies Act: 1. Sec 63 does not restrict issuing bonus shares to Preference shareholders. So it's possible. 2. Sec 62 allows right shares to be issued only to holders of equity shares. However, there is no restriction on company to issue preference shares as right shares to equity shareholders.
Kanaga Mani
CA Inter
★ 3K+
2
775
Preference shares
Accountancy
answered on 10-May-21 19:43
In illustration 6 In this question given redeem preference shares by UTILISATION OF RESERVE available free reserves as per qn=110000 We are redeeming @100000 rs then remaining reserves =10000 Then how can we create crr from free reserve???
latest answer
No worries, I could have shared it before. But wanted that you understand it through concepts and entries. Happy studying!
Kanaga Mani
CA Inter
★ 3K+
13
812
Preference share
Accountancy
answered on 10-May-21 19:12
In book back illustration 2 Adjustment no.3 for redemption of debentures we issuing equity share For that adjustment face value of equity shares =2 then ,we are dividing by 10 in working note 2
latest answer
That's a different provision - that is premium on redemption. Here it's issue of shares - Deb. holders are asked either they take cash, or take share at issue price 10. So, we are not paying them premium, infact issuing shares at premium.
Kanaga Mani
CA Inter
★ 3K+
3
715
Sec.40(a)(1)
Direct Taxation
answered on 10-May-21 18:05
As per Section.40(a)(1), It's related non Deduction of TDS and Non-payment of TDS. The condition of disallowance of expenditure is non-deduction of TDS and Non-payment of TDS within the due date of filing IT return (31st July and 30th October respectively) Doubt is if the filing due date is extended, The provision for payment of TDS also extends to the respective date for the avoidance of TDS or do the TDS payment within the due as mentioned in IT Act, ie 31st July and 30th October.
latest answer
Thank You Very Much Sir.
Balamurali Unnithan M S
CA Inter
★ 3K+
2
866
Deduction u/s 80 EE and 80EEA
Direct Taxation
answered on 10-May-21 18:31
Can an assessee claim deduction under both these heads along with deduction u/s 24(b)
latest answer
Thankyou sir
anagha Jayan
CA Inter
★ 24K+
4
690
section 32 AD
Direct Taxation
answered on 10-May-21 15:58
section 32 AD is not applicable from May 21( {PY 2020-21) exams onwards. right? So should I study that section, bcz will questions relating to previous PYs be asked?
latest answer
Yes. questions may be asked relating to previous PYs
Ali S
CA Final
★ 8K+
1
642
Study pattern of audit
Auditing
answered on 10-May-21 14:09
Could u please tell me the study pattern of audit.. i mean which chapter to study first and which is next..
latest answer
Thanks a tonneð???ð???
Vinaya Nayak
CA Final
★ 0
4
566
Study pattern
Auditing
answered on 14-May-21 19:52
Could you please tell me the audit study pattern i mean which chapter to study first and which is next, step by step...
latest answer
Go with the high weightage chapters first and then the rest First go with company audit, audit of finanacial statements, audit of items of financial starements then first 5 chapters of the module this carry the highest weightage then go with all the standards and then the rest
Vinaya Nayak
CA Final
★ 0
2
609
Clubbing
Direct Taxation
answered on 10-May-21 21:00
What is the answer for 11th question.
latest answer
Yes
Sathiya Bama
CA Final
★ 24K+
4
792