Forums
Application Form
Others
answered on 18-Aug-20 17:28
Is this the address in which we should send the Application Form?
latest answer
Thank you
Swetha S
CA Inter
★ 15K+
2
636
If recieved my post how could i know
Exams
answered on 21-Aug-20 12:34
If icai recieved my post which i have send them .How can i know it has been recieved by icai .
latest answer
Then no further action needed.
Zeeyan KOKA
CA Foundation
★ 3K+
9
792
Registration
Indirect Taxation
answered on 18-Aug-20 18:08
Intra state suppy of services.... Registration compulsory or not?
latest answer
Yes. Threshold limits of aggregate turnover exceeding Rs.20 lakhs and Rs.10 lakhs in a financial year depending on normal or special category states.
Shivasubbramaniam Arumugam
CA Final
★ 5K+
2
753
Articleship termination
Others
answered on 18-Aug-20 11:34
Sir I can not go to articleship due to COVID 19,so I want take transfer, is there any way to give COVID reson to take transfer.
latest answer
You can transfer only in first year of articleship. For other reasons, you need to take permission from ICAI
dayanand d
CA Inter
★ 2K+
1
792
Ca final
Others
answered on 18-Aug-20 19:12
When will be ca final classes uploaded in 1 fin app
latest answer
Will get one soon.
Nagendrababu Babu
CA Inter
★ 2K+
4
710
Partnership
Accountancy
answered on 18-Aug-20 13:29
In page 2.94, Illustration 8 while finding purchase consideration, all the assets and liabilities are taken over rite so why can't we find using net assets approach like all assets - liabilites
latest answer
Purchase consideration is the consideration received on selling the company. The Net Assets approach is taken when the information about the purchase consideration is not available. But here, in this question, it is clearly stated that Prabhu & Co. are receiving 25,000 equity shares of Rs.10 each at a premium of Rs.2 per share. So since the amount of purchase consideration is directly given, Net Assets approach is not considered.
Swathi Krishna
CA Final
★ 8K+
1
809
Individual modules
Others
answered on 18-Aug-20 06:16
Sir, when will individual modules offer come ?
latest answer
Next week.
Swathi Krishna
CA Final
★ 8K+
1
663
Redemption of Preference Shares
Accountancy
answered on 19-Aug-20 21:11
Can we follow any sequence of Journal Entries since date is normally not given... like booking liability of PS Holders in first entry and paying them in Last entry ?
latest answer
Preference share capital account dr To Preference shareholders account cr ( being booking liability ) Preference shareholders account dr Bank account cr ( being payment to PS holder)
J J
CA Final
★ 180
3
742
AS 7
Accountancy
answered on 18-Aug-20 13:08
What is meant by Retentions?
latest answer
Contract revenue shall include initial amount agreed on the contract, retention money, claims, incentive payments and variations, if any. Retentions are amounts of progress billings which are not paid until the satisfaction of conditions specified in the contract for the payment of such amounts or until defects have been rectified. Progress billings are amounts billed for work performed on a contract whether or not they have been paid by the customer. Once the conditions are satisfied and defects are rectified (if any), the retention amount is paid off.
Gomathi K
CA Final
★ 40K+
1
690
Doubt
Auditing
answered on 27-Sep-20 12:46
Sir in one the standards of auditing u had explained about the relationship between audit risk nd materiality.. Can i know which one is it.
latest answer
Audit risk is inversely proportional to materiality. High materiality ,less checking and evidence and vice versa.
Shru Kanda
CA Inter
★ 610
3
703