Forums
Clubbing
Direct Taxation
answered on 27-Mar-25 16:30
4th line it said taxable in hands of trust Why so It shall be transferer and not trust ?
latest answer
Clubbing provisions will not apply when the transfer is not revocable till lifetime of transferee.
Sushmita Chowdhury
CA Inter
★ 2K+
9
240
Doubt
Financial Management
answered on 26-Mar-25 14:32
Can you please tell me where did I do mistake I defined sales in this basis before looking into the problem but I got wrong answer
latest answer
Thank you sir
anju B
CA Inter
★ 21K+
6
217
Shortcuts
Exams
answered on 24-Mar-25 12:51
Is it allowed to use shortcuts in the CA Final exam? Like MPS/EPS, etc. Will marks be deducted for shortcuts?
latest answer
If your final answer is correct, then you'll get full marks. But it's wrong , you may lose completely since the examinar looks for steps
Raviteja Kusumanchi
Qualified CA
★ 42K+
3
242
Pgbp
Direct Taxation
answered on 24-Mar-25 09:16
Loan taken for motor car, interest not paid, assessee follow mercantile system Deduction allowed ?
latest answer
No
Sushmita Chowdhury
CA Inter
★ 2K+
1
207
ICAI MCQ BOOKLET JANUARY 2025 EDITION
Exams
answered on 24-Mar-25 10:50
Is the latest version (Jan 2025) of Integrated MCQs booklet be checked or are the MCQs in 1FIN enough?, because I have not seen integrated MCQs while solving through 1fin. (Just asking).
latest answer
Once you are conceptually clear, do not waste excessive time in practicing MCQs. Focus should be on core concepts. You can have a look at few case scenarios form the integrated cases randomly. https://youtu.be/f0sKbK5lx2Y
Ali S
CA Final
★ 8K+
3
454
Tds interest calculation
Direct Taxation
answered on 27-Mar-25 16:30
If for example tds for 192 b for the month September is paid on 30 October,is interest should be calculated for 2 months or for 1 month
latest answer
Department is practically computing for 2 months.
Ramya Telikicherla
CA Final
★ 6K+
1
251
Nil
Maths & Stats
answered on 23-Mar-25 15:43
Good afternoon sir are Calculators allowed for the examination sir
latest answer
Yes
Pranav Ranjith
CA Foundation
★ 0
1
185
80C
Direct Taxation
answered on 27-Mar-25 16:30
It means if eligible company issue share and if shareholders keep their shares for 3 years then will get 80C deduction
latest answer
Perfect.
Sushmita Chowdhury
CA Inter
★ 2K+
2
227
Agricultural land India and outside India flow chart is wrong. Please check.
Direct Taxation
answered on 27-Mar-25 17:59
Agricultural land situated in India and outside India flow chart
latest answer
Flow chart is updated.
Arpit Mehrotra
CA Inter
★ 380
3
208
IND AS 116
Financial Reporting
answered on 23-Mar-25 13:28
Sir in exam also can we prepare present value using the balance lease payment, will they deduct any marks Or Do we have to compulsorily prepare the lease amortization table,
latest answer
You can prepare
R Yashwanth Kumar
CA Final
★ 87K+
1
184