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Accountancy

answered on 23-Oct-20 08:35

What are the all books , and vouchers documents to be kept by a service provider providing a manufacturing contract(job work).

latest answer

There are no prescribed books.You need to maintain documents which will help tax/gst authorities assess.

Preeshma Manasa

Preeshma Manasa

CA Inter

2K+

4

777

TDS

Direct Taxation

answered on 22-Oct-20 08:06

TDS to be deducted on the amount of Invoice including Gst?

latest answer

no. only pre gst amount

Preeshma Manasa

Preeshma Manasa

CA Inter

2K+

1

724

NOV19 question paper

Costing

answered on 22-Oct-20 21:11

In that question paper, question 2(a) Is it necessary that we should show the gross margin separately . Can't we just do this question by sales - all cost and arrive at operating income? Plzz reply

latest answer

K sir

Swathi Krishna

Swathi Krishna

CA Final

8K+

2

770

Absorption costing

Costing

answered on 22-Oct-20 21:19

In illustration 1 of the abc costing(institute textbook)how calculate the storage cost per unit ? Plzz reply

latest answer

Thax sir. Got it :)

Swathi Krishna

Swathi Krishna

CA Final

8K+

2

621

Consignment chapter

Accountancy

answered on 22-Oct-20 19:09

Sir what is provision for expenses account . Why it is shown in consignment account.

latest answer

Ok sir

Sri kanaga Varshini

Sri kanaga Varshini

CA Final

3K+

4

680

Standard Costing

Costing

answered on 26-Oct-20 16:52

In case of Labour rate variance the rate for recruit ment of labour is decided and held liable by HR manager but how can we multiply with Actual hrs worked and not standard hours worked . I.e AH(SR-AR) The HR manager does not held responsible for inefficiency know sir Why don't we prefer the rate to the extent of standard labour hrs...?

latest answer

Tq sir due to incorrect person hired by HR manager we will take actual hrs..

M Naresh

M Naresh

CA Final

3K+

3

738

Market price

Direct Taxation

answered on 30-Oct-20 16:11

In various places we read about 'Market Price of things '.from where shall we get Market Price of things,goods and services?

latest answer

Any ordinary market. Could be as simple as a vegetable market.

Badra Ragu

Badra Ragu

CA Inter

290

3

738

Consignment

Accountancy

answered on 21-Oct-20 19:56

Sir in this sum there is difference between cost & selling price but the effect of loading is not shown why ? Similar sum like this they have shown the effect.

latest answer

Ok sir understood.

Sri kanaga Varshini

Sri kanaga Varshini

CA Final

3K+

2

707

National income

Economics

answered on 22-Oct-20 20:20

Can u explain point 2

latest answer

Ok sir

Shruthi V

Shruthi V

CA Inter

0

2

635

agency

Corporate & Other Laws

answered on 22-Oct-20 19:04

doubt with regard to law of agency, video no 36. when Mr x has purchased at discount from agent ram on consultation with principal shyam then ram would be excluded of any liability, but how is shyam held liable. it should be Mr x who would be held liable to Shyam if shyam had not agreed for the discount. Shyam would anyway be held liable for supply of stale sweets to mr x because principal is binding for the acts of the agent. Also Mr x purchasing from ram at discount price by making shyam know of this fact and with the intention of making ram to be held liable will amount to cheating by mr x and shyam. how can agent ram be held liable in such a case

latest answer

If A enters into contract with the agent and make the agent belive that only principal will be held liable, then later on A cannot hold the agent liable. If A enters into contract with the principal and make the principal believe that only the agent will be held liable, then later on A cannot hold the principal liable.

anil vagvala

anil vagvala

CA Inter

720

1

665