Forums
Registration
Indirect Taxation
answered on 13-Jun-20 10:56
A person engaged in making inter state taxable supply of handicraft craft goods is not liable to get registered if his turnover is less than threshold limit. In this case, whether the threshold limit is 40lakhs or 20lakhs?(other than special category state)
latest answer
Threshold limit for registration - inter-state supply of household goods will be Rs. 20lakhs.
Nivedha Balaji
CA Final
★ 9K+
1
726
Money supply
Economics
answered on 15-Jun-20 09:21
How does excess reserves does not affect the money supply ? Can u given reason with example
latest answer
money supply is M1, which includes money in circulation (not held in a bank) and demand deposits held inside banks. The bank receives deposits and will keep some of it on hand as required reserves, but it will loan the excess reserves out. When that loan is made, it increases the money supply. When a bank makes loans out of excess reserves, the money supply increases. But when it doesnt loan the money supply doesnt decrease. IF 100 is deposited into bank, M1 = 100 and reserves @ 20% is 20 & excess reserve is 80. If bank lends from excess reserves 50, the M1 = 50+100 (money supply increases) but if excess reserves are not lent then M1 still remains at 100.
Swathi Krishna
CA Final
★ 8K+
3
789
IRR
Financial Management
answered on 13-Jun-20 08:59
While calculating irr how to identify guess rates easily?
latest answer
Thanks sir
Satya Shashank
CA Inter
★ 13K+
4
737
Will video available in PC and mobile
Others
answered on 12-Jun-20 17:40
If I purchased course in my mobile will be available in mobile only or it will be available in PC also ??
latest answer
KK sir thank for ur clarification
Suresh Mohan
CA Inter
★ 6K+
4
650
Marginal Relief
Direct Taxation
answered on 12-Jun-20 14:37
In the illustration 2 point d we have calculated surcharge @25% on point c Here the slab rate of surcharge is between 1cr-2cr is 15%.Why did we take 25% or should we constantly take 25 % irrespective of the slabs
latest answer
Surcharge on point C is 25% because we are calculating tax on Total Income of 5cr, for individual whose income is between 2cr to 5 cr then Surcharge rate is 25%.
sai krishna teja
CA Inter
★ 940
1
705
Restoration expenses.
Accountancy
answered on 12-Jun-20 18:09
If restoration expenses is 66.5 after 3 years. And discount rate is 10% ... How to calculate present value
latest answer
1÷1.1 tease to 3 times =0.7513148009� 66.5 = 49.96 p.v of three years
Divya K
CA Inter
★ 885
1
700
Mock tests
Exams
answered on 11-Jun-20 22:23
Sir is there any maturity date for submission of answers related mock tests to you for correction Means like we should submit the answers before any particular date then only you will be correcting those answers can u say this if it is there
latest answer
Pls refer to news and updates section. We will also upload guidelines in the Mock test section.
THARUN KUMAR EKAMBARAM
CA Foundation
★ 18K+
1
883
Sa 520 analytical procedure
Auditing
answered on 12-Jun-20 11:07
How does degree of disaggregation affect the analytical procedure ?
latest answer
Thax
Swathi Krishna
CA Final
★ 8K+
2
718
Bck BUSINESS ENVIRONMENT
Economics
answered on 11-Jun-20 17:45
Even consumer patterns also helps producers to make changes in production of goods and services. Why it will not be a part of economic environment
latest answer
Consumer patterns represent social environment.
Prasanth Kumar
CA Inter
★ 13K+
1
842
Probability
Maths & Stats
answered on 13-Jun-20 16:43
Why doesn't the classic probability not work when their is an infinite events
latest answer
Classical probability is obtained by dividing the number of favorable outcomes/events by the total number of possible outcomes/events. If the event set is infinite, we cannot calculate classical probability.
lohita Prava
CA Final
★ 35
1
761