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Incorporation of the company

Corporate & Other Laws

answered on 29-Aug-20 08:54

As per sec 10 A...the company suppose to file a declaration within 180 days...non compliance resulting with (A)Rs.50000 for company and (B)â?¹1000 per day max upto Rs.1,00,000/-...for officers.... My doubt is against default either one will applicable or both A &B....

latest answer

Both A & B applicable

Ramya Devi

Ramya Devi

CA Inter

580

1

657

Tally exams

Others

answered on 29-Aug-20 09:22

Will I get flexibility in choosing the date of exam for tally certification considering within 60 days of purchase?

latest answer

Yes. You will get flexibility. We will give you a few slots and you can choose

Kumar Sarthak

Kumar Sarthak

CMA Final

12K+

1

760

Pgbp

Direct Taxation

answered on 31-Aug-20 10:27

Can u tell where is section 43(1) actual cost in the class ? I can't find it.

latest answer

K thax

Swathi Krishna

Swathi Krishna

CA Final

8K+

4

688

Mock test

Others

answered on 27-Aug-20 17:54

Sir In Indigolearn's mock test will you send the corrected mock paper after correction as PDF?

latest answer

Yes

lalitha lalitha

lalitha lalitha

CA Inter

3K+

1

628

Why it is not credit balance as per pass Book ..?

Accountancy

answered on 28-Aug-20 12:10

In Bank reconciliation statement chapter .. in illustration 5 .. I got -20,758 as my answer , so it will become "credit balance as per pass Book" but icai answer is " debit balance as per pass Book"..I'm confused. Please clearly explain

latest answer

Yes sure, the answer is wrongly depicted in the study material It is credit balance or favourable balance as per pass book 20,758. If there is no error with regard to wrong credit of 20,000 it would show you credit balance of only Rs 758.

Hari Krishna

Hari Krishna

CA Foundation

1K+

1

911

Why is not credit balance as per passbook ?

Accountancy

answered on 28-Aug-20 12:35

In Bank reconciliation statement chapter .. in illustration 5 .. I got -20,758 as my answer , so it will become "credit balance as per pass Book" but icai answer is " debit balance as per pass Book"..I'm confused. Please clearly explain

latest answer

It is wrongly stated to be debit balance as per pass book in the material. It should be Rs.20,758 Credit balance as per pass book and Debit balance as per Cash book.

Hari Krishna

Hari Krishna

CA Foundation

1K+

1

797

Effective Rate of Interest

Financial Management

answered on 27-Aug-20 17:31

Can effective rate of interest formula be also applied in case of series of cash flow (regular/irregular) or it can be only used in case of single cash flow only?

latest answer

Ok

Deepak Gupta

Deepak Gupta

CA Inter

1K+

5

751

Watching lectures on other device

Others

answered on 27-Aug-20 15:36

I recently shifted from mobile to laptop to watch your classes . So the first time I logged into your website it said that u have shifted from one device to another and if u keep shifting from one device to another they will terminate my course . So is it safe if I use your website instead of app to watch your lectures ?

latest answer

Forums are not available on website as of now. We shall be launching it in some time

Parikshit Rathod

Parikshit Rathod

CA Foundation

710

3

757

Solution required

Costing

answered on 27-Aug-20 16:43

Dear sir, Cost and management accounting solution is not given in note. I requested to send the solution for all chapters illustrations.

latest answer

Ok sir. Thank you

Lavanya. M

Lavanya. M

CA Inter

7K+

2

839

Amalgamation of companies

Accountancy

answered on 27-Aug-20 12:57

Ill 9(ICAI study material) Adjustment 4 Why they do for this journal enry?

latest answer

Mutual owing are cancelled as P Ltd and Q Ltd are amalgamating into 1 company. The liquidation expenses of P Ltd paid by Q Ltd is over and above the consideration payable to Q Ltd. It is treated as Goodwill. As we have capital reserve balance, it is adjusted with Goodwill, to get the net effect of amalgamation.

Gomathi K

Gomathi K

CA Final

40K+

1

759