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Negotiable instrument

Corporate & Other Laws

answered on 31-Mar-21 07:11

Can some one explain the meaning of section 46 of negotiable instrument act (in below image)

latest answer

Thank you sir

Sri kanaga Varshini

Sri kanaga Varshini

CA Final

3K+

2

749

Misrepresentation

Corporate & Other Laws

answered on 30-Mar-21 10:40

Can the aggrieved party sue for damages or not ?? The difference given below is confusing ...it first says , can sue for damages and then cannot claim for damages .which is correct???

latest answer

It doesn't anywhere say that in case of Misrepresentation, injured party can sue for damages. Injured party can repudiate (cancel) the contract or sue for restitution (restoration).

Reetikaa R

Reetikaa R

CA Final

7K+

5

674

Breachof contract

Corporate & Other Laws

answered on 29-Mar-21 22:24

A fraud committed by a party is a breach of contract??

latest answer

Breach means failure of a party to perform their respective obligations known as breach.As case above a party committed fraud as there is no consensus ad idem between two parties so automatically the contract becomes voidable

Reetikaa R

Reetikaa R

CA Final

7K+

4

675

Composition scheme

Indirect Taxation

answered on 30-Mar-21 12:29

If a person registered under CS the supplies must issue bill of supply and need to pay tax from his pocket. If the cs supplier issues bill of supply registered person can get ITC

latest answer

Thank u sir and mam

Krishna kumar

Krishna kumar

CA Final

9K+

19

659

cash flow

Accountancy

answered on 29-Mar-21 19:33

when to use direct and indirect method in cash flow ? how to differentiate

latest answer

thank you

Prasanna Venkatesan

Prasanna Venkatesan

CA Final

3K+

3

607

Standard costing

Costing

answered on 01-Apr-21 09:30

While calculating DMUV, we use STANDARD price and not the actual price because we do not want the effect of purchase managerâ??s fault in DMUV. But while calculating DMPV, we use ACTUAL quantity consumed instead of SQAO due to which the effect of production managerâ??s fault also appears in DMPV. Why so?

latest answer

Purchase manager has purchased only the actual quantity and can be held accountable for the same. He will purchase as much as is requisitioned by the production department. His job is to ensure that actual purchases made by him is as per the standard rate.

Aman Mahajan

Aman Mahajan

CA Final

19K+

1

637

Ammendment

Information Systems

answered on 29-Mar-21 15:17

Is it ammendment include in the video?

latest answer

Few additions in EIS as per ICAI latest material.

Nivetharaman Raman

Nivetharaman Raman

CA Foundation

11K+

3

626

BRS

Accountancy

answered on 29-Mar-21 19:41

Can anyone explain the 1th ,4th and 8th adjustment?

latest answer

Thank you sir:)

Meda Jeevansai

Meda Jeevansai

CA Final

21K+

2

917

GMCS

Others

answered on 31-Mar-21 12:54

what documents need to be produced for gmcs ?

latest answer

It will be online registration.

Laxman kumar

Laxman kumar

CA Final

4K+

1

630

Classes

Indirect Taxation

answered on 29-Mar-21 14:53

Is the videos in free courses are updated (i.e as per MAY 2021) ?

latest answer

Thank uð???

Harish Kumar

Harish Kumar

CA Inter

17K+

2

734