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Please Give some examples
Indirect Taxation
answered on 06-Mar-21 09:46
In charge of Gst chapter in sec 9(3) Rcm Give some example to Understand the provision of "Long term Lease of land(30 Years or more) by any person to a promoter for a construction of project
latest answer
The developer provides money or a fixed quantity of flats to the land owner or share in the revenue from sale of the flats or combination of three. The landowner would not make any monetary payment to the developer , but only grant development rights concomitant to the land coupled with the agreement to transfer the proportionate land. Development Right (DR) refer to the rights that permit promoters to modify or improve their property within the limitations of the law. Exemption in the GST on transfer of TDR,FSI or Long Term Lease: As per Notification No.04/2019-CT(Rate) 29.3.2019 w.e.f.01.04.2019. It is exempt, except where entire consideration has been received after issuance of CC or OC. It may be noted that exemption is not available for construction of commercial apartments.
Pancha G
CA Inter
★ 350
3
687
Advanced accounting amalgamation
Accountancy
answered on 06-Mar-21 12:15
12% debentures of 650000 to be redeemed, by the issue of 12% preference shares of M/s. kamia haris Ltd. (face value of Rs 100), at a premium of 10% Sir explain above point and what is the entry for the above and what is the amount we should write in balnace sheet ??
latest answer
12% debentures of amount Rs.6,50,000 will be redeemed by issuing 12% preference shares of amount Rs.5,90,909 with Securities premium of Rs. 59,091. Entry: 12% Debentures to Debentureholders. Debentureholders to 12% preference shares, to SPR
Enuguru Sai Nithin
CA Final
★ 78K+
2
574
Ch 1
Accountancy
answered on 09-Mar-21 19:23
I understood.wat sir taught in video but I can't connect that with this definition.pls explain." A business ,performance ...an agreement "
latest answer
Economic transactions are entered into for purpose of business where usually there is a commercial consideration - that is the meaning
Reetikaa R
CA Final
★ 7K+
5
736
Tally
Others
answered on 05-Mar-21 08:46
When should I write tally exam if I bought now? Will certificate be provided
latest answer
Ok sir
Reetikaa R
CA Final
★ 7K+
3
598
Branch accounts
Accountancy
answered on 06-Mar-21 13:43
Sir ,is stock reserve alc and stock adjustment alc are same?
latest answer
Thank you sir ð???
Subash Chandrabose
CA Final
★ 32K+
2
631
Vertical Diversification
Strategic Management
answered on 05-Mar-21 19:53
Sir, does backward vertical diversification means acquiring a new business line ( company) or starting a new business line? In the example you have stated, a car manufacturing company acquires the business of tire manufacturing company. My doubt is whether a car manufacturing company acquires the business line or starts its own tire manufacturing company.
latest answer
Backward integration is when a company buys another company that supplies the products or services needed for production. Car making company acquires company making tyres
Rithani R.C
CA Inter
★ 4K+
1
919
Standard costing
Costing
answered on 05-Mar-21 10:41
Doubt 1st one is question second is answer for it please sir clarify whether my working is right or wrong
latest answer
Ok mam thank you
SREEABITHA SENTHILKUMAR
CA Inter
★ 1K+
2
656
AS-19 Leases
Accountancy
answered on 06-Mar-21 09:58
Doubt regarding finance charges in the pic In the top it is given assuming zero residual value but at 5th year 25000 of guaranteed residual value is added why is it could you please help me sir
latest answer
Ok sir thank you
SREEABITHA SENTHILKUMAR
CA Inter
★ 1K+
4
650
Capital gains
Direct Taxation
answered on 04-Mar-21 20:04
What does extinguishment of right mean? How does it amount to transfer?
latest answer
Now I understood sir.. Thanks..
Sai Teja
CA Final
★ 14K+
6
681
Doubt
Direct Taxation
answered on 04-Mar-21 19:47
Can we study capital gains chapter before studying pgbp
latest answer
Thanks. Sir
Sai Teja
CA Final
★ 14K+
2
684