Forums
Salaries - Provident Fund
Direct Taxation
answered on 19-Dec-24 18:10
In Statutory PF, In case of Employer's contribution & Interest credited on Employer's contribution ----> it is mentioned as "Fully exempt". May I know in which section it is mentioned as fully exempt?
latest answer
Refer Section 10(12) as well. It is exempt since it is government fund.
Girinath A
CA Inter
★ 765
3
791
Blocked credit on motor vehicle
Indirect Taxation
answered on 19-Dec-24 18:10
A company which is providing video graphic services purchased a car for the purpose of travelling of director or employees for getting work from clients. The ITC of the car is blocked, Right ??
latest answer
ITC is not allowed since it is blocked as per Section 17(5).
Akshay Shabu
CA Final
★ 2K+
1
241
Salaries
Direct Taxation
answered on 19-Dec-24 18:16
What is the RFA Rate, in case of hired by employer ?
latest answer
PY 23-24 and AY 24-25
Short Video
CA Inter
★ 745
5
668
E-way bill
Indirect Taxation
answered on 19-Dec-24 18:15
Part A can be filled by registered person only Here by unregistered what the context mean
latest answer
Good.
Sushmita Chowdhury
CA Inter
★ 2K+
4
730
Cash forecast for long term
Financial Management
answered on 18-Dec-24 19:53
In that why we have to PBT instead of PAT And as usual by add back non cash expenses (dep) which we get exact CFAT
latest answer
Yes absolutely
anju B
CA Inter
★ 21K+
3
694
economics
CFA
answered on 18-Dec-24 20:35
what we have in the study material and what is there in the videos are different ?
latest answer
Okay, thank you
Kaarthick Abishek
CFA L1
★ 0
6
261
Chapter 6A deductions
Direct Taxation
answered on 19-Dec-24 18:15
In chapter 6A, is there any relevancy for the headings, i.e, Heading A, Heading B etc.
latest answer
Only Section number is relevant from exam perspective.
Parvathy Ajith
CA Inter
★ 0
2
722
EXAM DAY
Exams
answered on 19-Dec-24 15:37
Things to carry for exam day a part from admit card and aadhar card?any other documents to carry?admit card colour one or black and white?
latest answer
✅Things to carry to exam centre: 1. Admit Card and One Identification proof 2. You're complete stationary in a pouch and you should keep some spare stationary items in a separate pocket in your bag too for unforeseen mistakes. (Black pens, pencils, scale, eraser) 3. At least two calculators should be in your bag (even if it's your theory exam) and you shouldn't take them out except for the exam purpose 4. An Exam-board/pad in case you feel uneasy writing on the desk 5. Watch (very important to keep track of time) 6. Wallet + some money (for emergencies) 7. Water bottle + a biscuit packet/chocolate or a small snack packet (Yes, allowed in exam hall) 8. If it's the rainy season, carry an umbrella or a rain coat too
Sandy Gokarakonda
CA Inter
★ 10
2
763
Provision
Financial Management
answered on 18-Dec-24 18:55
Real logic behind provision...provision for what....?
latest answer
Ok sir sorry....
07- Issac Jolly-XII C
CA Inter
★ 16K+
2
618
Doubt
Financial Management
answered on 18-Dec-24 18:00
Should i take cost of sales or sales while computing investment in debtors..because in illustrations 4 faculty took sales value and in illus 7 he took cost of sales
latest answer
Normally it should be based on Cost. Sometimes ICAI takes assumptions of sales if cost details are not available
07- Issac Jolly-XII C
CA Inter
★ 16K+
1
729