Forums
Query
Others
answered on 21-Jan-21 15:44
What is practice manual
latest answer
Yes
Reetikaa R
CA Final
★ 7K+
3
674
Penalty provisions
Corporate & Other Laws
answered on 21-Jan-21 14:55
Ma'am how can we remember all penalty provisions if there are so many provisions???
latest answer
It's not compulsory to quote penalties for exams. You may note down all the penalties at one place so that it helps for quick reference
Siva Kumar
CA Inter
★ 715
1
650
Is it possible to leave the examination hall early?
Exams
answered on 21-Jan-21 14:09
Say about 30 mins left?
latest answer
See, many things are centre specific. A lot is said to do but in the end it comes to how efficient is the management at the centre. Facilities or system won't be same everywhere. Anyhow it's a matter of few days only. We are not going to study there daily for years. So, don't bother much about such issues. Focus on the subject.
Kishore Anil
CFA L1
★ 2K+
4
2K+
Definition of securities
Corporate & Other Laws
answered on 21-Jan-21 17:57
What is "right or interest related to securities" ?
latest answer
These are basically entitlements / interests that come along with securities. Sometimes these may also be considered as securities such as trading rights (when rights to subscribe to rights offer gets traded), warrants, options etc.
Aman Mahajan
CA Final
★ 19K+
1
640
Definition of securities
Corporate & Other Laws
answered on 21-Jan-21 14:53
What is the difference between a Collective Investment Scheme and a Mutual fund scheme?
latest answer
An large area meant for farming and all
Aman Mahajan
CA Final
★ 19K+
3
628
Sec 23 of Comp act 13
Corporate & Other Laws
answered on 21-Jan-21 18:04
"public offer" includes initial public offer or further public offer of securities to the public by a company, or an offer for sale of securities to the public by an existing shareholder, through issue of a prospectus. When an existing shareholder sells his shares, he will do so on a stock exchange. How does a prospectus play any role in selling of securities on a secondary market?
latest answer
You will study this in another video - 'Sec. 28 Offer of sale of shares'. When a significant shareholder wants to sell shares such as promoter of company, doing so directly on stock exchange won't be possible or recommended because of fluctuations, in that case, company does it.
Aman Mahajan
CA Final
★ 19K+
1
719
Applicability
Direct Taxation
answered on 21-Jan-21 12:58
Finance Act 2020 would be applicable for Nov 21 does that mean the changes in the recent budget of feb 21 will not be applicable? Then what amendments would be made in the subject?
latest answer
-> Finance Act 2020 will be applicable for May 21 and Nov 21 exams. -> This years upcoming budget will be applicable for 2022 exams. It applies on 1 year gap basis. -> So, if you are preparing for Nov-21 exams with May-21 materials, then later on do amendments made between 01.11..2020 to 30.04.2021. (circulars and notifications issued by CBDT/CG) -> Amendments made upto 6 months before the relevant term are applicable for exams. For May term: Upto Oct of last year. For Nov term: upto Apr of same year.
Priyanka Udeshi
CFA L1
★ 14K+
1
730
CFS
Accountancy
answered on 21-Jan-21 13:44
What are level 1 2 and 3 companies
latest answer
Enterprises are classified in different levels and labelled as level I, level II, level III companies. On the basis of this classification, accounting standards are applicable to the companies
Priyanka Udeshi
CFA L1
★ 14K+
2
718
Regarding roll number
Exams
answered on 23-Jan-21 09:11
How to write my roll number in words in answer sheet? Eg .123456..Shall I write one two three four five six or one lakh twenty three thousand four hundred and fifty six?
latest answer
{ One two three four five six } This is correct for absolute sure
Indhumathi M S
CA Final
★ 7K+
6
784
Supply
Indirect Taxation
answered on 20-Jan-21 22:43
Sir see note point Chart relates to gift by employer to employee not interns of employment Does it mean if gift is given by er to ee in the employment not subjected to gst?
latest answer
Gifts by an employer to an employee, not exceeding 50,000rs in value in a financial year shall not be treated as supply of goods or services. If it exceeds 50,000 rs GST is payable by employer (supplier)
Banda Veeresh
CA Inter
★ 35K+
1
726