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Buy back

Accountancy

answered on 27-Oct-20 17:22

In buy back videos sir told crr is created to compensate the liability holders but when crr is used for issuing fully paid up bonus shares then the amount gets converted into share capital then what is benifit for liability holders

latest answer

If the amount is kept in free reserves, company may pay dividend. If it is capital, it is difficult to return it back to the owners.

Enuguru Sai Nithin

Enuguru Sai Nithin

CA Final

78K+

1

672

Articleship

Others

answered on 27-Oct-20 17:22

Are sundays and gazetted holidays during articleship counted as leave or as working day??

latest answer

Working.

San Samm

San Samm

CA Inter

2K+

1

592

Articleship

Others

answered on 27-Oct-20 17:22

Is it required to send a copy of Form 103 and other certificates to Institute?

latest answer

NO

shamanth rm

shamanth rm

CA Final

2K+

1

613

Partnership account

Accountancy

answered on 29-Oct-20 10:08

Sir I couldn't understand why â?¹10000 is deducted from net profit before giving it to ram and rahim. Pls explain

latest answer

1,10,000 is before distribution of profits. Out of this new partner would get 11,000. In this 1,000 is only to be borne by Ram. Total profit 1,10,000 Less: Share of new partner 10,000 Balance 1,00,000

Sri kanaga Varshini

Sri kanaga Varshini

CA Final

3K+

8

853

Partnership

Accountancy

answered on 27-Oct-20 17:53

Fixed deposit

latest answer

Thank you sir

Bharathi K

Bharathi K

CA Inter

14K+

6

722

Offer & acceptance

Corporate & Other Laws

answered on 27-Oct-20 17:38

Sir This question can be answered in two views right?? 1) offer should not contain a term the non compliance of which would amount to acceptance 2) mere silence doesn't amount to offer. In answer key it is from point no. 2) view. If my answer is from point no. 1) is that is wrong?

latest answer

Ok sir tq

Sri kanaga Varshini

Sri kanaga Varshini

CA Final

3K+

2

672

CARO applicability

Auditing

answered on 27-Oct-20 17:28

Whether CARO is applicable to nationalised banks and private banks also???

latest answer

Banking companies are not covered under CARO

baranitharan b

baranitharan b

CA Final

21K+

2

726

Material

Costing

answered on 26-Nov-20 08:53

Partical question of the icai tb no.9 Shouldn't this be 6.10?

latest answer

Both assumptions are possible.

Swathi Krishna

Swathi Krishna

CA Final

8K+

4

706

80JJAA

Direct Taxation

answered on 28-Oct-20 17:45

Kindly help with solution to this problem

latest answer

Cash is not considered.

Suraj Narayanan

Suraj Narayanan

Qualified CA

7K+

3

670

Contradiction between 80G and 80GG

Direct Taxation

answered on 27-Oct-20 18:14

If we have to adjust both 80G and 80GG in a question, which should we adjust first? (As 80G's provisions while computing adj total income for limited exemptions asks us to consider all other deductions before this deduction and similarly 80GG asks for the same).

latest answer

Thank you sir

Suraj Narayanan

Suraj Narayanan

Qualified CA

7K+

2

839