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Rule 9D applicable to Public Provident Fund?
Direct Taxation
answered on 04-Nov-24 17:57
Is Rule 9D in Salaries chapter (the 2.5L/5L threshold provision) applicable to a Public Provident Fund?
latest answer
Welcome.
Vishnu Muraleedharan
CA Final
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3
754
Rate applicable
AFM
answered on 25-Oct-24 20:51
Sir, In INR borrowing, i need to buy Rs. loan which means banks sells Rs. so Buy rate is applicable ie is 35.9?
latest answer
No IN INR Loan, you are borrowing Rupees and converting into USD When you convert to USD it means you are buying USD When you buy USD banker is selling USD USDINR - This is a direct quote, and USD is the base currency. So, in this banker will bid to buy USD and use ASK to sell Base currency i.e USD So, when you have to buy USD banker has to sell USD So relevant quote is Ask
S Shriram
CA Final
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1
280
Optional
Auditing
answered on 26-Oct-24 09:01
Why is it called optional?????....
latest answer
For audit paper, it will be relevant only with sec 143 part.
07- Issac Jolly-XII C
CA Inter
★ 16K+
5
516
Job costing
Costing
answered on 28-Feb-25 19:05
The manufacturing cost of a work order is ` 1,00,000; 8% of the production against that order spoiled and the rejection is estimated to have a realisable value of ` 2,000 only. The normal rate of spoilage is 2%. RECORD this in the costing journal. This is the entry mentioned in icai book Material Control Account Dr. 2,000 Overhead Control Account Dr. 1,500 Costing Profit and Loss Control Account Dr. 4,500 To Work-in-Progress Control Account 8,000 Can someone please explain this entry. Because As per my understanding we need to reduce the losses from WIP So what I thought it would be WIP 8000 To MCA 2000 To OCA 1500 To CP/L 4500.
latest answer
I don't think so First we recorded the WIP cost, then wrote off spoilage
HariPriya C
CA Final
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5
1K+
109
Financial Reporting
answered on 25-Oct-24 18:46
FA AND Fl is measured at fv Or fv +/- transaction cost
latest answer
Yes
Ravi Teja
CA Final
★ 20
4
529
Sum 13 scenario 2
Financial Reporting
answered on 29-Oct-24 09:23
Sir what will happen to investment (248685) At the year end ????
latest answer
It will continue to be shown as investments.
Suman Hs
CA Final
★ 2K+
1
203
Illustration 5 part 2
Accountancy
answered on 29-Oct-24 09:33
Sir why we don't consider transfer to general reserve , provision for tax, and proposed dividend to add under non cash items?
latest answer
We start answer from net profit before tax generally. All the times you mentioned are after net profit before tax.
DEBJANI Dutta
CA Inter
★ 0
2
539
IBS
Exams
answered on 25-Oct-24 18:11
There is an error occuring while playing this IBS Demo lecture
latest answer
Thankyou sir
Sushmitha sushmi
CA Final
★ 50
2
614
Ke
Financial Management
answered on 25-Oct-24 16:27
Here ,in phase 2 also ke increases which remains constant
latest answer
From Minutes 6 to 7 & minutes 10 - 11 The faculty did explain that K0 will remain constant as Ke increases but This increase is offset by increase in Wd which has a lower kd What is your specific query in this
anju B
CA Inter
★ 21K+
1
554
RISK FREE SECURITIES
AFM
answered on 25-Oct-24 19:33
To increase Beta to 1.45 , shorting Risk Free Securities is one way & Borrowing money and investing in Xltd & Yltd is another option right (or) both should be done?
latest answer
Thank you sir.
Mohanbabu N
CA Final
★ 3K+
4
285