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Capital gains

Direct Taxation

answered on 30-Apr-21 08:57

Capital gain on land is treated as LTCG and capital gain on building is treated as STCG is it true sit

latest answer

Ok sir thank you

SREEABITHA SENTHILKUMAR

SREEABITHA SENTHILKUMAR

CA Inter

1K+

3

659

Non-profit organization

Accountancy

answered on 02-May-21 00:03

Pls answer this question

latest answer

12000 rs.

siva chaitanya

siva chaitanya

CA Final

13K+

2

607

Relief u/s 89

Direct Taxation

answered on 30-Apr-21 14:27

For the calculation of relief, the tax payable on the total income of the year to which the arrears relates, including and excluding arrears should be calculated. What would be the total income, including and excluding arrears, if the total salary of 12 months becomes arrears? Does the total income excluding arrears is zero?

latest answer

Okei Sir, I understand.

Balamurali Unnithan M S

Balamurali Unnithan M S

CA Inter

3K+

4

665

Convertion to direct entry route

Others

answered on 01-May-21 12:00

Hi sir, I am a student from cpt route gave multiple attempts in CA inter. Now I got graduated so I wanted to convert into direct entry but before that I applied for may 21 inter exam. So now can I convert into direct entry after applying for CA inter may 21 exam? If so what are the procedures? Will my exam results of may 21 will be withheld after convertion or not?

latest answer

Yes you can convert. No issues.

Saurav Krishna

Saurav Krishna

CA Inter

0

1

675

Cost of retained earnings

Financial Management

answered on 29-Apr-21 21:16

Why is cost of equity is equal to cost of retained earnings..

latest answer

Retained earnings represents the capital left after paying out dividends. The opportunity cost of retaining earnings is dividends, and is therefore equivalent in cost to the equity that expects those dividends.

Sai Teja

Sai Teja

CA Final

14K+

1

710

Doubt regarding contract act

Corporate & Other Laws

answered on 29-Apr-21 23:09

In case of unilateral mistake , why the contract is voidable as the mistake of one party can be corrected by the other?? Plz explain with an example??

latest answer

Okk I just read on a blog that it was considered void ND was a bit confused thanks for helping

sujal jaiswal

sujal jaiswal

CA Foundation

485

3

709

Doubt about book delivary

Others

answered on 29-Apr-21 18:06

Hello i am thinking of registering myself for ca foundation may 2022 attempt but having a doubt whether I will be delivered books during this lockdown time in mp.. plz help me about that

latest answer

by courier.

sujal jaiswal

sujal jaiswal

CA Foundation

485

3

645

AS 2 valuation of inventories

Accountancy

answered on 29-Apr-21 20:30

Sir, Qn 1 c Here finished goods are sold below cost then raw materials should have been valued at replacement cost but here why they are calculated rawmaterial at cost? In most of the problems they have calculated at replacement cost value. Iam assuming there is decline in finsihed goods nrv because of some other factors but not directly related of materials price because it is increasing.do am i assuming? correctly

latest answer

Thanks for clearing my doubts sir

S.P. RAYAN

S.P. RAYAN

CA Inter

3K+

9

1K+

Doubt

Costing

answered on 29-Apr-21 18:21

Can u say how to intrept the meaning of the last 2 line in image below

latest answer

The machine hour or the labour hour rate given in the question above do not include the General expenses of Rs.20,000 which are in relation to the production activities and total direct wages are Rs.2,00,000.

Sri kanaga Varshini

Sri kanaga Varshini

CA Final

3K+

1

726

Doudt

Accountancy

answered on 01-May-21 13:57

In an NPO organization, what is the name of the head of the account under which medical help expense will be posted

latest answer

Thank you sir

Susai Yappan

Susai Yappan

CA Inter

12K+

4

729