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sec 40b

Direct Taxation

answered on 13-Jul-24 17:14

here book profit 30lak on that 1st 3lak 90% or 1.5 lak whichever is higher here 2.7 lak. and balance booke profit 27 lak x 60% = 16.2 lak total allowable salary for partenrs is 2.7 lak+16.2 lak total =18.9 lak.

latest answer

Yes it is 16.2 not 16.8. Clerical error in calculation. Will get it corrected. Thank you.

Anjaneyulu Goriparthi

Anjaneyulu Goriparthi

CA Inter

15K+

1

301

section 40

Direct Taxation

answered on 13-Jul-24 17:13

if assess is company not done tds during f.y 23-24, but payee is reported such income and paid tax to the government and filed his return of income on 31-07-2024. However company due date file the return of income is 31-10-2024 then can company can allow 100% expenditure during f.y 2023-24?.

latest answer

Disallowance will apply since it is deemed that TDS is done on the date of filing of return by payee.

Anjaneyulu Goriparthi

Anjaneyulu Goriparthi

CA Inter

15K+

3

310

Revaluation

Exams

answered on 15-Jul-24 12:39

Which is better..?? Revaluation or Certified copies

latest answer

Certified copies. It includes reverification. There is no concept of revaluation.

leela sowjanya

leela sowjanya

CA Final

10

1

323

Mean proportion

Maths & Stats

answered on 13-Jul-24 16:46

Sir how you got x²= 16??? Can you say simplication

latest answer

pls elaborate your doubt

Vadla Saikumar

Vadla Saikumar

CMA Inter

460

4

217

Book

Strategic Management

answered on 11-Jul-24 21:13

Can I buy Strategic Management book alone...?

latest answer

Enabled pls check now Thanks for highlighting

Ravikumar Pandi

Ravikumar Pandi

CA Inter

2K+

6

309

SSP Portal

Others

answered on 11-Jul-24 20:23

When I login to SSP Portal it shows this website. I am unable to view the portal to submit the exam form. What should I do?

latest answer

Sorted it.... Thanks

Soon to be CA

Soon to be CA

CA Inter

4K+

1

323

depreciation and amortization

Accountancy

answered on 15-Jul-24 14:18

Sir please send accounts depreciation and amortization modules back Practical questions videos

latest answer

Will record a video on this and share it here.

Swathi Swathi

Swathi Swathi

CA Foundation

0

12

343

Clarification

Exams

answered on 15-Jul-24 14:23

I couldn't clear this attempt by aggregate. Planning to apply for revaluation.Should I apply for verification or certified copies?

latest answer

No

Soon to be CA

Soon to be CA

CA Inter

4K+

2

314

Re verification

Exams

answered on 15-Jul-24 14:29

I got 90marks in unit 2d and failed,can I re verify my answer sheet by RTI,

latest answer

You can get certified copies and can improve in the next attempt.

SANTHOSH K

SANTHOSH K

CA Final

19K+

8

395

Solution notes

Financial Reporting

answered on 11-Jul-24 19:46

Hi sir, can't seem to find the solution notes for IND AS 20 and 23

latest answer

entire solution pdf is available under resources.

Jeremiah Pacheco

Jeremiah Pacheco

CA Final

9K+

1

176