Forums
Salaries
Direct Taxation
answered on 19-May-21 16:21
Why is his basic salary taxable even though he is not a resident
latest answer
Ok sir thank you
Sri Varshini
CA Inter
★ 575
3
797
Coc
Financial Management
answered on 20-May-21 12:07
What is the meaning of last 3 lines? (ie The cost of.....principal payments) Please explain in terms of formula and with numerical example
latest answer
Since the preference shares are redeemable, the share holder will receive the dividend payment until the year of redemption and the redemption amount to be paid to him. Therefore, IRR method is used to calculate the cost of redeemable preference share. Cash outflows are yearly dividend and redemption value and the inflows are Net proceeds. So the discount rate which will make the cash outflows and cash inflows associated with redeemable preference shares will be the cost of capital.
Priyanka Udeshi
CFA L1
★ 14K+
1
762
Fiscal functions
Economics
answered on 20-May-21 13:49
Answer for application based questions
latest answer
Thank you mam
Miradevi S
CA Final
★ 16K+
3
733
Chapter 2
Corporate & Other Laws
answered on 18-May-21 17:54
Sir...... Who are all called as "INSIDERS" to the company?
latest answer
Thank you so much sir
Girinath A
CA Inter
★ 765
6
666
Sec 10(34)
Direct Taxation
answered on 18-May-21 18:22
Hlo sir, as DDT removed for domestic companies, is that sec 10(34) is applicable or not ??
latest answer
Tq sir
Rushitha Puvvada
CA Final
★ 5K+
3
745
Audit sampling
Auditing
answered on 18-May-21 13:42
What is meant by anomaly? Could you explain sir
latest answer
Thank you sir
Suriya M
CA Final
★ 31K+
2
894
Salaries
Direct Taxation
answered on 19-May-21 00:51
Is my computation correct regarding leave encashment
latest answer
Ok sir thank you
Sri Varshini
CA Inter
★ 575
2
680
Deduction u/s 80JJAA
Direct Taxation
answered on 18-May-21 15:48
Allowed as deduction for 3years(year of employment + 2year). If first year of employment is loss for the company ,will the co get 2 years or 3 years of deduction for the succeeding years
latest answer
Deduction is only for the year of employment and two years. Even though the assessee gets loss in the first year, he will get deduction in remaining two years only.
nihal ps
CA Inter
★ 4K+
1
682
Retirement Of partner - illustration 3
Accountancy
answered on 27-May-21 19:52
Here, the goodwill I the balance sheet is written off in 5:4:3 ratio, and not 3:4:4 ratio, why is that?
latest answer
May be some mistake in the material. The actual ratio will be 3:4:4.
Siddharth Kulkarni
CA Final
★ 28K+
7
975
Applicability of CARO
Auditing
answered on 18-May-21 11:43
Which CARO is applicable for May 2021 Examination for Inter New Syllabus.
latest answer
Yes, but ICAI notified clearly that CARO 2016 is applicable for May2021 irrespective of the content in Study material.
Vicky 027
CA Inter
★ 2K+
3
938