Forums
Registration
Indirect Taxation
answered on 19-Apr-25 12:14
QUESTION: Whether civil contractor doing projects in various states, request separate registration for all states or single registration at State of head office will suffice? ANSWER: depends on period and fixed place of business(registration as casual taxable person, or normal registration) Why head office registration is not suffice? (Cannot be treated as IGST)
latest answer
Generally, registration is required in a state where you have place of business. Thats why it is advised to take in all states.
Pradeep Ravikumar
CA Final
★ 1K+
1
237
As 1 disclosure of accounting policies
Accountancy
answered on 21-Apr-25 12:28
Can I know by decreasing provision for non moving inventory how the profit is reduced?
latest answer
https://youtu.be/RoUMm8p7Jy8?t=1167
1 Minute Review
CA Inter
★ 405
2
278
Sweat eq"shares illusion
Direct Taxation
answered on 19-Apr-25 12:19
Sir.. If No.of shares r same in both stock exchange then which stock exchange shares we will consider
latest answer
If the volume of trading is same then any stock exchange can be considered.
Bhavani Hadpad
CA Inter
★ 5K+
1
216
Women director
Corporate & Other Laws
answered on 21-Apr-25 09:14
The answer is option b. But the option a is also applicable?
latest answer
Thank u mam
DIVYA S
CA Final
★ 57K+
3
184
Net salvage value E
Financial Management
answered on 18-Apr-25 12:30
Here, book value after 2 years (6-2) 4lakhs Sale value (assumed mv =sale value) 3lakhs Tax saving 30k Total net salvage value= 3.3lakhs Then, why we are not mentioned in this problem they just said that residual value is zero means terminal cash inflow zero not about book value .. Can you please explain it sir
latest answer
Residual value is sale price at end that has no relation to book value In Block of assets method, until block value becomes zero or no assets are left in the block, dep is charged - pls go through the concept in income tax If that is the case book value of this one asset alone is irrelevant. It is part of the overall block
anju B
CA Inter
★ 21K+
4
218
Maximum directorship
Corporate & Other Laws
answered on 21-Apr-25 09:16
The answer to this question is d . But alternate director and director in dormant company should not be included in limit. I got the answer as (a)
latest answer
Thank u mam
DIVYA S
CA Final
★ 57K+
4
197
cost ledger control
Costing
answered on 21-Apr-25 12:05
why does clc begin with a credit balance which also includes summation of balances of other accounts?
latest answer
The cost ledger control account represents balancing figure (net impact of all transactions during a year). Hence the net balance is credit to CLC account.
Rania D'souza
CA Inter
★ 650
1
284
Machines block means
Financial Management
answered on 18-Apr-25 11:55
It has several machines in 20% block means Can you please explain once again sir
latest answer
We are referring to Block of assets concept as per Income tax act.
anju B
CA Inter
★ 21K+
1
199
Place of Supply
Indirect Taxation
answered on 19-Apr-25 13:07
In the question, it was mentioned as 'supplies in Gurgaon (Haryana) and Noida (U.P.) are effected directly from South Delhi warehouse'. Hence place of supply will be Delhi, as it involves movement of goods, and in case of goods, it will be the place where movement of goods are terminated for delivery to recipient. Supplier location is Delhi and POS is also Delhi, hence intra state supply. But here we charged IGST for bulk drug supplies to Ronn Medicos Pvt Ltd and Rochestor Medicos. Please explain the reason for considering them as inter state supply sir.
latest answer
Okay sir, got it. Thank you
Raviteja Kusumanchi
Qualified CA
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4
227
Material
Costing
answered on 18-Apr-25 13:07
If applied min stock level formula then diff answer come for rol = 2000 = rol - (6x200x3) = rol 5600 If applied rol formula then diff answer come for rol = 225 x 6 x 4 = 5400 For rol of C
latest answer
But that’s the formula of min st level ? Rol - (avg/normal cons x avg lt)
Sushmita Chowdhury
CA Inter
★ 2K+
2
189