powered by logo

Forums

Admission of partner

Accountancy

answered on 12-Mar-21 22:45

Why workman compensation fund is going to partners capital accounts

latest answer

Workmen Compensation is a type of insurance policy that safeguards an employee against any injury or death during the job time. By the statement "no actual liability" they mean, nothing from the fund was utilised to compensate any injury

siva chaitanya

siva chaitanya

CA Final

13K+

3

749

Dividend declaration

Corporate & Other Laws

answered on 14-Mar-21 20:33

"Declared can be declared out of current year or previous year profits" What does current year and previous year actually mean Which year do they refer to? And also if a company conducts AGM on 30th June 2020 then it is called as AGM for which year 2019-20 or 2020-2021 Please answer..

latest answer

Yes thank you

Sai Teja

Sai Teja

CA Final

14K+

5

598

Doubt

Others

answered on 12-Mar-21 14:48

Sir plz explain what is this....new or revised scheme ...whats it.... See attachment

latest answer

IPCC to Inter & Or final old to New for May / June 21 exams the last date for conversion April 5th

Amisha Mahajan

Amisha Mahajan

CA Foundation

2K+

1

551

GST sec 10 composition scheme

Indirect Taxation

answered on 12-Mar-21 16:55

Sir /madam. Sec 10 says a registered person can opt for composition scheme when aggregate turnover does not exceed 1.5 crores (other states) or 75 lakhs ( 8 special category states) and also it is calculated on same PAN on all india basis not on gst number (state wise). But if a person do business in manipur (special category state) and also in Maharashtra (other states) and it is registered under same PAN and his aggregate turn over is RS. 80 lakhs. Can he opt for composition scheme ? Which limit will be applicable on him 1.5 crore or 75 lakhs?

latest answer

Aggregate turnover considered for compositions scheme is value of all (taxable supplies+Exempt supplies+Exports+Inter-state supplies) â?? (Taxes+Value of inward supplies+Value of supplies taxable under reverse charge + Value of non-taxable supplies) of a person having the same PAN(Permanent Account Number) across all his business entities in India. The limit applicable in this case is Rs.75 lakhs

Balamurugan V

Balamurugan V

CA Final

52K+

1

716

Tenure for debentures

Corporate & Other Laws

answered on 12-Mar-21 15:29

Is there actually any maturity time limit for debentures..Or say it can be issued by the companies without mentioning maturity time.

latest answer

Ok Sir...

Pranav Connecting...

Pranav Connecting...

CA Inter

4K+

4

659

Treatment of goodwill in partnership accounts

Accountancy

answered on 13-Mar-21 16:27

This is illustration 11 sir. Can u explain (a) adjustment point

latest answer

Ok mam

siva chaitanya

siva chaitanya

CA Final

13K+

12

714

Employee stock option

Accountancy

answered on 12-Mar-21 11:20

In illustration 6 , the unvested options were reduced in that year itself but before this sums , instead of reducing the unvested options in the same when it was unvested ,we transferred them to general reserve of the next year. - can we do in both the manner?

latest answer

Yes. We can do either ways

venkatesh sundharamoorthy

venkatesh sundharamoorthy

CA Final

34K+

1

638

Final accounts

Accountancy

answered on 15-Mar-21 12:08

Can anyone plz explain the 6th adjustment ?

latest answer

OK sir thank you

Meda Jeevansai

Meda Jeevansai

CA Final

21K+

6

1K+

Doubt in final registration form

Others

answered on 12-Mar-21 13:25

Sir i have cleared intermediate in two attempts and i received two marksheets. While registering CA final form, it asks to upload the marksheet of Intermediate but only one marksheet is able to upload. Which one should i upload. group 1 or 2. Please clarify sir

latest answer

Thank you Mam

AJITH KUMAR R

AJITH KUMAR R

Qualified CA

0

4

622

Transaction

Corporate & Other Laws

answered on 14-Mar-21 11:32

A business ,performance of sn act or agreement .in this defn ,what is A BUSINESS .y is it mentioned

latest answer

Thank u sir

Reetikaa R

Reetikaa R

CA Final

7K+

9

707