Form Filing

asked on 11-Jun-25 05:12

Sir, Do we need to file some form for such apportionment, as in practical life we had a client who was dealing in both exempt + taxable, so in such apportionment was being done but do we need to file any form for such availment.

latest answer

No answers yet!!

Hrishikesh Pradhan

CA Final

★ 12K+

0

16

SA210, SA220

answered on 12-Jun-25 13:28

Could you specify the page number in the textbook for the topic SA 210 and SA 220 ?

latest answer

Chapter 11 page 11.6

Merlin Mathew

CA Inter

★ 11K+

1

27

max deduction

answered on 10-Jun-25 13:52

sir for eg. if both self occupied properties can claim a deduction of 30000 each as loan for both was taken before 1.4.1999, can the assessee claim a deduction of 60000 or will the max. for both put together be 30000 only?

latest answer

30K or 2L limit is for all self occupied properties put together.

Pooja Sree

CA Inter

★ 0

1

26

Exam

answered on 10-Jun-25 19:00

In exam, we write reason in detail like we explain whole provision including the text in law which is not relevant and then write calculation or how ? Means in this question for motor vehicles, do we simply write that in virtue of this section, ITC is not allowed except in case of exception or do we write the whole section

latest answer

Ok sir

Hrishikesh Pradhan

CA Final

★ 12K+

2

27

Fema act 1999

answered 21 hrs ago

In this que me milap has visited India on 1 st july 2021 ,for employment, so from this day he should be treated as residence,however in solution it is shown that he is non resident for while year , y is this so?

latest answer

There is a mistake in the solution

Samarth Kshatriya

CA Inter

★ 1K+

4

44

Year consideration and gift

answered on 10-Jun-25 13:54

Sir, if the person is appointed in the year prior to the previous year, wouldn't the salary be 21,000 for 9 months and 22,000 for 3 months(20,000 for the first year, 21,000 for the second year, and 22,000 for the third year) because assessment year will be the year after the previous year and the previous year is after the year to which the employee was being appointed(for taxation purposes, the previous year will be from April of the second year till March of the third year). Am I correct sir? Also, Sir, we tax only gifts received on occasions other than marriage from the employer, so why did we tax gift voucher on marriage anniversary in this question?

latest answer

We need to see the date when he is appointed in the pay scale and year on year it will change. Gift voucher is taxable if it is more than 5000 and received from employer.

Pooja Sree

CA Inter

★ 0

1

19

Security valuation - TYK 11

answered on 08-Jun-25 09:22

Instead of using D1 for price calculation why they have used D0. Are they assuming D0 itself as D1.

latest answer

If you assume ROE 1 = PAT1 / BV 0 then what they have done is right They said that in line 1 If you assume ROE 0 = PAT 0/ BV 0 then we should follow what you are suggesting i.e compute d1

Smile A

CA Final

★ 3K+

1

33

CA Articleship

answered on 09-Jun-25 11:33

I have registered for 3 year Articleship ends on Feb 05, 2026. I am planning to write Jan 2026 attempt. I took 7 months 210 days of study leave i.e from june 1, 2025 to dec 31, 2025. Did I meet the leave criteria and am I eligible to write Jan 2026 as per the recent announcement of CA final. What should be the excess period served

latest answer

You can write Jan 26. Excess leave will be computed when your articleship period ends.

Sree Harsha

CA Final

★ 0

1

45

SPOM

answered 15 hrs ago

Sir I completed my articleship on 12-7-2024.But I am not register for CA final May 2024 exams.My CA final registration is not completed on that date.I completed my Advanced MCS and orentation before June 2025.Sir am I eligible for ca final exams in September 2025 without writing SPOM Set A and B ?

latest answer

Thank you sir

Syam T

CA Final

★ 0

2

34

Return on.......

answered on 08-Jun-25 10:46

Tell exactly what do we prefer for exam point Whether post or pre tax for return on (capital employed, total assets, equity) And what the formulae EBIT/ EBIT(1-TAX)/ PAT?

latest answer

For capital employed as denominator EBIT pre and post tax in numerator For Equity as denominator, PAT which anyway is post tax only in numerator

anju B

CA Inter

★ 21K+

3

12