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Chapter 2 Types of Duties - 8 Point

Indirect Taxation

answered on 07-Nov-24 15:22

Sir as i was referring to the printed module which i received I think that there's mistake in Sec 8 Conditions . Kindly request you to Clarify my Doubt.

latest answer

Will check and revert. What exactly is your doubt ?

Mohammed Rizwan khan

Mohammed Rizwan khan

CA Final

510

1

214

Unpaid Dividend Account-Sec 124

Corporate & Other Laws

answered on 07-Nov-24 14:04

In this The dividend remains unpaid or unclaimed is transferred to UDA account in 7 days of expiry of 30 days. My doubt is unpaid amount means dividend not paid by company , while transferring to UDA is it considered that unpaid dividend has been paid by it.

latest answer

In this context, yep

Lathika

Lathika

CA Inter

6K+

5

560

basic doubt

Indirect Taxation

answered on 07-Nov-24 15:23

there are many sections in GST, just want to understand on whose perspective we have to see whether it is supplier or recipient and whose in case of FCM and RCM (especially in case of value of supply, time of supply, place of supply)

latest answer

Supplier. In case of RCM, from recipient perspective.

3007_ gnanavel

3007_ gnanavel

CA Inter

150

1

187

illustration 17 - business combination

Financial Reporting

answered on 07-Nov-24 15:54

Should the write off of abnormal item of inventory and appreciation of inventory be also considered while finding the closing balance of P&L of YLtd in the 2nd working note (even if it is not asked in the current question)?

latest answer

its given in the question that abnormal item to be written off.

Ali S

Ali S

CA Final

8K+

1

388

4th max 30 days leave for completed year of service(-) leaves utilized ×avg salary

Direct Taxation

answered on 07-Nov-24 21:35

Employee already taken leave 300, leave utilized is balance is leave balance credit left out of 300 days 160 days leaves are already utilized? My questions sir 300 already taken balance 700 will come sir but u tell in video 160 I not understand

latest answer

Ok sir

R G

R G

CA Inter

9K+

2

472

Example-Amazon

Financial Reporting

answered on 07-Nov-24 20:44

In the example of Amazon, why did we debited Employee Benefit expenses as Amazon US is holding company, for Amazon India there is no need of booking Expense under this head. And also what is logic of debiting expense. There is no outflow of Amazon India?

latest answer

Welcome

Hrishikesh Pradhan

Hrishikesh Pradhan

CA Final

18K+

4

470

Requesting for the soft copy

Indirect Taxation

answered on 08-Nov-24 05:59

Good evening sir! As this video has detailed notes, can I get the soft copy of the notes in this video sir? In the book, I couldn't find all the clarification as mentioned here. And if I try to make hand written notes also it consumes more time. So kindly help me by sending the clarification notes alone as PDF sir.

latest answer

Thank you sir.

Viveka R

Viveka R

CA Inter

3K+

2

223

Threats to independence

Auditing

answered on 06-Nov-24 14:24

Explain Brief about Intimidation Threat

latest answer

Thank you Madam Got it 😊

Eswar Aakash

Eswar Aakash

CMA Final

57K+

2

548

Consolidation

Accountancy

answered on 22-Nov-24 17:12

In this question:- 1)In the question they have taken A Ltd dividend as pre acquisition dividend. What is the logic behind? 2)why haven't they did any dividend adjustment in analysis of profit? In case of pre acquisition dividend then they should have reversed the dividend impact in post acquisition and deducted the dividend paid in pre acquisition right. Why haven't they did like that? 3)And what does the line mean "dividend declared on equity share capital for both previous and current year"

latest answer

The question is poorly framed. They have not told whether 10% is for each year or total for both years. The dividend has been declared at 10% for previous year and current year. Since dividend payable numbers are given, it is assumed that dividend has already been adjusted from the profit and loss account balance hence not adjusted again. It is also assumed that 10,00,000 of previous year balance is after dividend. You are conceptually correct and can ignore this question.

Niveta Rajkumar

Niveta Rajkumar

CA Inter

6K+

1

529

Explain

Auditing

answered on 06-Nov-24 14:57

Why it is mentioned that further audit procedures should be done at assertion level specifically

latest answer

But it’s done to validate at assertion level

07- Issac Jolly-XII C

07- Issac Jolly-XII C

CA Inter

16K+

3

406