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GST- Services by charitable institutions
Indirect Taxation
answered on 19-Apr-25 12:19
Dear sir, Please clarify whether renting of premises by charitable institutions for purpose other than religious ceremonies is taxable or exempt from GST and please explain the two photos. Thank you. Note: Image 173508 is on page 62 and another photo is from page 63 of our material.
latest answer
Page No 62 is only right.
siva chaitanya
CA Final
★ 13K+
4
195
Portfolio management
CFA
answered on 14-Apr-25 18:44
Stock X and Y have the same level of total risk but stock X HAS twice the systematic risk of stock Y and half its non systematic risk stock X expected return is A. the same as Y B. Lower then Y C. Higher then Y Ans is C Pls explain why Option C over A?
latest answer
Systematic risk
Dhakshana Dhakshana
CFA L2
★ 18K+
1
149
Indirect Taxation
answered on 14-Apr-25 18:57
where can i find GST amendments pdf
latest answer
thank you sir
rushmitha ev
CA Inter
★ 1K+
2
332
Npv vs irr
Financial Management
answered on 14-Apr-25 18:51
Why npv vs irr As per independent (no cap lmt) npv or PI and as per mutually exclusive npv or PI
latest answer
Question does not have Pi as an option at all We have to rank and use the methods they have asked in the question.
anju B
CA Inter
★ 21K+
1
209
Amendments pdf
Indirect Taxation
answered on 14-Apr-25 17:18
where can I find GST amendments pdf for may 2025
latest answer
Please find attached the amendments file for your reference.
rushmitha ev
CA Inter
★ 1K+
1
310
Interest cost treatment in PL
Financial Reporting
answered on 16-Apr-25 12:31
Sir Interest Cost realted to DBO in Pl, shown under employee benefit expenses or Finance Cost ?
latest answer
Part of employee benefit expense. /
Hemachandra D
CA Final
★ 9K+
1
262
Addtional depreciation which was not charged earlier
Financial Reporting
answered on 16-Apr-25 12:39
As per above example we have Debited to P & L addtional 80000 and reduced from COA which is not charged earlier Instead Can i charge dep on 380000(180000 (Carrying amout on end of year 2) + 200000( Govt Grant)) / 3(Remaining useful life) = 126667 for next three years progressively instead of debiting to P & L AND reducing from COA addl depreciation 80000 wholly in year of repayment .
latest answer
As per Ind AS 20 - The cumulative additional depreciation that would have been recognised in profit or loss to date in the absence of the grant shall be recognised immediately in profit or loss. This is slightly different from the treatment you would have understood in AS-12.
Sowmitha C
CA Final
★ 4K+
3
184
IND AS 15
Financial Reporting
answered on 16-Apr-25 12:44
Sir this remeasurement gain in plan assets and reduction in Defined benefit cost happens in which entity books, TATA sons or group entities individual books,
latest answer
Each entity will recognise to the extent of their share.
R Yashwanth Kumar
CA Final
★ 87K+
1
278
Nature of Promotors Contribution
Financial Reporting
answered on 16-Apr-25 12:46
Why it is considered as Govt grants when it is in nature of promotors contribution ?
latest answer
participation in ownership of entity means - subscribing to the shares of the entity or investing in the share capital of entity. It is not a grant.
Sowmitha C
CA Final
★ 4K+
2
174
In stability strategy business focus on
Strategic Management
answered on 16-Apr-25 14:05
Sir can u explain the 5th point Consolidating the commanding postion already reached..why the term consolidating was used here?
latest answer
Consolidate means to reinforce, stabilise or make stronger and more secure. Even after reaching a top or dominant position, if you don’t strengthen your hold, others can still challenge or defeat you. Look around any top companies. They keep doing stuff to hold the dominant position.
Leela Sowmya
CA Inter
★ 0
1
233