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Adjustment 3 me bola hai sir necessary cash should paid bola hai to sir cash account open karna padega na

Accountancy

answered on 10-Dec-24 14:17

Adjustment 3 me bola hai sir necessary cash should paid bola hai to sir cash account open karna padega na

latest answer

You can open cash account or compute cash balance as a working note.

R G

R G

CA Inter

9K+

2

616

Sec 80 GG

Direct Taxation

answered on 19-Dec-24 18:31

What does total income under sec 80GG includes?

latest answer

No we do not.

Soon to be CA

Soon to be CA

CA Inter

4K+

3

578

Impairment Loss - Illustration 21 SM

Financial Reporting

answered on 10-Dec-24 14:29

Sir, will we have to test for impairment of individual CGU first, If the goodwill can be allocated on a reasonable basis.?

latest answer

Okay Sir . Thankyou 😀

R M

R M

ACCA Professional

4K+

10

519

CHARGE OF GST

Indirect Taxation

answered on 11-Dec-24 09:04

Can a manufacturer of Pan Masala or Tobacco or Ice Cream can opt for the Composition Scheme under Notification 02/2019 dated 07/03/2019?

latest answer

No

Santhosh Srinivasan

Santhosh Srinivasan

CA Inter

1K+

1

235

Impairment loss

Accountancy

answered on 10-Dec-24 12:33

What is ans ...what is the conclusion

latest answer

Recoverable Amt will be Higher of A) Net selling Price - Rs. 80 Lakhs B) Value in Use - Rs. 70 Lakhs Hence Recoverable amt is 80 Lakhs. Carrying Amt is 50 Lakhs Since Carrying amy doesnt exceed Recoverable amt there will be no impairment.

Lucky Ten

Lucky Ten

CA Inter

0

1

620

Deductions from GTI

Direct Taxation

answered on 19-Dec-24 20:07

S.80A(5) - Where the assessee fails to make a claim in his ROI for any deduction under section 10A or section 10AA or section 10B or section 10BA or under any provision of this Chapter under the heading "C.—Deductions in respect of certain incomes", no deduction shall be allowed to him thereunder. S.80AC - Where in computing the total income (NTI) of an assessee of any P.Y. relevant to the A.Y. commencing on or after— (ii) the 1st day of April, 2018, any deduction is admissible under any provision of this Chapter under the heading "C.—Deductions in respect of certain incomes", no such deduction shall be allowed to him unless he furnishes a return of his income for such A.Y. on or before the due date specified under sub-section (1) of section 139. Doubt: In both the provisions it is said that -----> Deductions in respect of items in "Chapter VI-A Part-C" is allowed only if return on income is filed within Due date. What is the difference between these 2 provisions? Isn't it a repetition? or is there any reason behind?

latest answer

Thank you sir

Girinath A

Girinath A

CA Inter

765

2

563

SPOM

Exams

answered on 09-Dec-24 13:16

Can someone please guide me on how to study for law SPOM

latest answer

Complete the mandatory hours in portal. And give one through reading of book + practice MCQs . Should be sufficient.

Gauri Shete

Gauri Shete

CA Final

5K+

1

625

Sir, Is my understanding correct ?

AFM

answered on 09-Dec-24 14:15

Spot INR.48.0123 , Ideal Fwd INR 48.9356 , Actual Fwd 48.8190. INR is depreciating and $ is appreciating, As per Ideal fwd INR is depreciate further than actual, it means $ appreciate further than actual , so enter into a fwd contract to buy $ now so when $ appreciates we can buy lower and sell for high INR value.

latest answer

Thanks Sir

Prethivi Rajan

Prethivi Rajan

CA Final

9K+

2

621

Registration

Indirect Taxation

answered on 09-Dec-24 11:32

23 ITC of stock and capital goods will be transferred? From old entity to new

latest answer

In case of reconstitution of business, ITC can be transferred by filing GST ITC -02. Entire ITC lying in electronic credit ledger.

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

2K+

2

535

Answer Paper Sep 2024

Strategic Management

answered on 09-Dec-24 17:35

This is my Paper - 6B Sep 2024 Strategic Management paper Please anyone sort out issue that why there is lots of minus symbols in my paper

latest answer

Ok, thank you sir🙏

Praveen Raj

Praveen Raj

CA Final

0

2

633