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Articleship
Others
answered on 01-Apr-21 10:45
I've completed CMA INTER now. If I register for CA INTER for May22 exam can I start Articleship now itself.
latest answer
In direct entry scheme articles registration compulsory ,,,after completing 9 months articleship then u can eligible for exam ,,,before articles registration u have to complete itt, orientation
Keerthika B
CA Inter
★ 2K+
3
698
Total income
Direct Taxation
answered on 04-Apr-21 11:35
Total income is 5,60,000 not opted under section 115 BAC I got answer 25,480 But icai answer is 22,880
latest answer
*Individual,not person
ABDUL BASIL
CA Inter
★ 930
8
3K+
Underwritting
Accountancy
answered on 01-Apr-21 14:19
Sir what is the meaning of this sentence given in the below attachment? Whether benefit of underwriting given or not? Whether firm underwriting includes in or not? Please explain it
latest answer
Yes, correct
Sajan Gangadharan
CA Final
★ 9K+
4
937
Section -35 Expenditure on Scientific Research
Direct Taxation
answered on 01-Apr-21 16:20
Proviso (v) is applicable w.e.f 1/4/2021 and if intimation is made then the effective date of such notification is from 1/4/2022. What is the applicability for the contributions made in the F.Y 2021-22. If they have not intimated before 30.06.2021 then the notification gets cancelled if they give intimation the notification will be effective from 1.4.2022
latest answer
As per the proviso, if intimation is accepted and approved in FY 2021-22 then notification is valid for a period of five consecutive AYs 2022-23 to 2027-28 i.e the FYs 2021-22 to 2026-27
sai krishna teja
CA Inter
★ 940
1
706
Rank holder scholarship
Others
answered on 01-Apr-21 10:57
If I get the rank whether icai give scholarship to me
latest answer
Yes
Nivetharaman Raman
CA Foundation
★ 11K+
4
671
Section 32 AD
Direct Taxation
answered on 01-Apr-21 16:24
If the cost of machinery is 10L, as per section 32AD we can claim 15% deduction, and now while calculating depreciation..should we consider P& M cost as 10 L or 8.5L.
latest answer
10L. There is no restriction on depreciation. This deduction u/s 32AD is in addition to the depreciation and additional depreciation.
sai krishna teja
CA Inter
★ 940
1
631
Composition scheme
Indirect Taxation
answered on 02-Apr-21 16:07
should we include non taxable supplies for calculating aggregate turnover for opting composition scheme sir
latest answer
Thank you sir
SREEABITHA SENTHILKUMAR
CA Inter
★ 1K+
8
589
Notes of indigolearn
Others
answered on 31-Mar-21 21:54
Are the information given in your notes same as that of the icai material Or are they any diffrences??
latest answer
Kk Thank you
Santosh pal
CA Inter
★ 820
5
582
Partly occupied and partly vacant property
Direct Taxation
answered on 01-Apr-21 10:44
If a property self occupied for a period of 7 months and the balance months were vacant. What is the status of house property? Is it deemed let out?
latest answer
Yes
Gayathri K V
CA Inter
★ 13K+
3
656
Expected rent
Direct Taxation
answered on 01-Apr-21 16:35
In case only information available is market value and wrench actually received what to do to calculate expected rent. In the illustrations one is done using market value as expected rent. Where as another problem done with the actual rent per month Ã?12
latest answer
The gross annual value shall be higher of expected rent or rent received/receivable for the let out period. Expected rent is higher of the fair rent and municipal value. For computing GAV the rent received / receivable is taken, ie. in cas of let out but vacant cases need to take the amount receivable which will be different from actual rent received.... so consider rent receivable
Gayathri K V
CA Inter
★ 13K+
1
909