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MISTAKE

AFM

answered on 15-Jul-24 19:46

Increase in sale is 10K but in Solution Table it given as 10 lacs.

latest answer

Okay. got it.

ezy pan

ezy pan

CA Final

130

2

190

Clause 4, Part 1, Schedule II

Auditing

answered on 18-Jul-24 07:06

Mr A was a Designated Partner in LLP. He resigned from the LLP and within 1 year he accepted the assignment of Audit of That LLP. (LLP was covered under Audit requirement). He doesn't any have relative in the LLP. Whether Guilty under clause 4 Part 1, Schedule II?

latest answer

Cooling period as such isn’t mentioned. But there is threat to independence , familiarity threat, self review threat. Till such time, he can’t be the auditor .

Himanshu Somani

Himanshu Somani

CA Final

97K+

3

256

ADVANCED ACCOUNT AS 16 Q 6 ANSWER IS DIFFERENT

Accountancy

answered on 15-Jul-24 12:38

SIR AS 16 Q NO 6 ANSWER DIFFERS FROM CLASS AND IN PRINTED BOOK I.E INTEREST TO BE CAPITALISED RS. 91517 I

latest answer

Both solutions have been accepted by ICAI. Better to follow suggested answer.

GOKUL KOLATE

GOKUL KOLATE

CA Inter

1K+

1

187

Sec. 10 Penal provision (LLP)

Corporate & Other Laws

answered on 14-Jul-24 11:34

let us assume, LLP & every partner prefers to pay maximum penalty but still continues not appointing DP and fails to report to ROC. What next action ?

latest answer

The penalty given for continuing default will apply in such a situation.

NAGARAJA B.R.

NAGARAJA B.R.

CA Inter

2K+

1

249

Illustration 4

Costing

answered on 14-Jul-24 19:07

In illustration 4 I understood all but the last equation, the 👉🏻how came 0.975

latest answer

1-0.025

Rasika Manjari

Rasika Manjari

CA Inter

0

1

240

Illustration 4

Costing

answered on 14-Jul-24 11:44

In illustration 4 I understood all but the last equation, the 👉🏻how came 0.975

latest answer

1-0.025

Rasika Manjari

Rasika Manjari

CA Inter

0

1

238

FEMA 1999

Corporate & Other Laws

answered on 14-Jul-24 07:58

Mam if the person is resident of India and he has gone for employment for 6 months in which the category of going outside India for employment falls in Exception of the term resident then what will he be considered PROI or PRII

latest answer

Since there is certainty of period of stay, the person will be considered as a person resident in India.

SANSKRUTI SATANEKAR

SANSKRUTI SATANEKAR

CA Inter

3K+

1

215

PDF

Indirect Taxation

answered on 15-Jul-24 00:03

Hi sir Where can I download this pdf related to clarifications in exemptions

latest answer

Thank you sir 🙏

singareddy vivek

singareddy vivek

CA Inter

0

2

387

additional depreciation

Direct Taxation

answered on 15-Jul-24 13:42

When Asset is used for less than 180 days in a year, Then Additional is 10% + Normal Depreciation for current year AND Addition + Normal Depreciation + carry forward 10% add. depreciation

latest answer

Right.

Dwaraka Prasath

Dwaraka Prasath

CA Inter

7K+

3

358

Icai module

Direct Taxation

answered on 13-Jul-24 17:04

Illustration 1 icai module where I will get to know

latest answer

This concept we have discussed in Agriculture income topic under Rule 7.

Heta Ambani

Heta Ambani

CA Inter

60

1

216