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Investment decisions
Financial Management
answered on 19-Nov-24 10:11
While computing IRR We need to assume two discounting factors right?? One is higher and the other is lower What happens If the rates(assumed) deviates from the ICAI key Then answers may deviate from key, does it have any impact on marks
latest answer
Thank you sir
Sai Ganesh
CA Final
★ 8K+
2
450
illustration 4
Accountancy
answered on 20-Nov-24 10:56
in this question the first 2 points of additional information not given in our study material and it not shown in 2022 studymaterial also.
latest answer
We have covered the solution including those two points.
Priya Nair
CA Inter
★ 220
1
171
dep
Direct Taxation
answered on 19-Nov-24 08:28
please send me the pdf of this deprecoation % chart
latest answer
You will get the pdf in the free resources
Saniya Balekai
CA Inter
★ 285
1
399
Rule 6A and 6 B has not been given in the SM. Has it been deleted or not updated in the books.
Indirect Taxation
answered on 28-Nov-24 11:31
As above. Kindly confirm if rule 6A and 6 B is an amendment or has been deleted.
latest answer
Rule 6A and Rule 6B has been deleted and changed to Rule 7 and Rule 8. The same is covered in the video subsequently. Kindly watch the entire video.
Aarthiy Muralidharan
CA Final
★ 4K+
1
499
Financial decisions - leverages
Financial Management
answered on 18-Nov-24 20:25
ROI calculation is different in book sir...it is 5%, our calculations came to 10%.
latest answer
Thank you sir
shanthini hariharan
CA Inter
★ 10K+
2
409
salaries
Direct Taxation
answered on 22-Nov-24 19:46
research allowance of 10,000 rs is given in question.But there isnt any expenditure incurred on behalf of research given.So how to tax the allowance ? Should we assume that the expense incurred is more than the allowance and tax the allowance?
latest answer
If nothing is spent then everything will be taxable.
Niveta Rajkumar
CA Inter
★ 6K+
1
415
Whether short term lease?
Financial Reporting
answered on 18-Nov-24 18:22
What if non cancellable period is 9 months and option to extend is for 6 months, but lessee is reasonable certain to not extend. Can it be considered as short term lease?
latest answer
Yes
Manu Jacob
CA Final
★ 6K+
1
426
Exempt or taxable
Indirect Taxation
answered on 28-Nov-24 19:11
JP Charitable institution, an entity registered under Section 12AA of Income tax Act, 1961 and registered in GS, has furnished you the following details with respect to activities undertaken by it during the month of January, You are required to compute its taxable value of GST from the information given below, assuming that the rate of GST is 18%. Brief reason should be part of your answer. Particular s Amount excl. GST (Rs.) 1) Membership fee received from members 1,00,000 2) Amount received from advancement of educational programs relating to abandoned or orphaned or homeless children 4,00,000 3) Amount received for renting of commercial property owned by trust 5,00,000
latest answer
Service provided by Charitable trust by way of charitable activities is exempt.
Sushmita Chowdhury
CA Inter
★ 2K+
3
708
Exempt or taxable with reason
Direct Taxation
answered on 22-Nov-24 19:50
an agriculturist, has stored sugarcane in a warehouse. He has taken fumigation services in the said warehouse from Gupta Pest Control Co. for which, he paid consideration of Rs. 6,000
latest answer
With effect from 18th July 2022, service by way of fumigation in warehouse of agricultural produce is taxable.
Sushmita Chowdhury
CA Inter
★ 2K+
3
837
Presumptive scheme u/s 44AD
Direct Taxation
answered on 22-Nov-24 19:43
Can someone please solve MCQ 4 & 5 (RTP Sept 24)
latest answer
Share your working. Will confirm the answer.
Sagar Kathuria
CA Final
★ 3K+
2
492