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Exemption

Indirect Taxation

answered on 03-Jul-24 16:40

Hostel service (lodging + food) provided by school or college = exempt or taxable ?

latest answer

No it is not. Since it is bundled service.

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

2K+

15

344

course related

AFM

answered on 11-May-24 06:56

Dear sir, due to some health issues i could not be able to watch the lectures from last 11 months. you can check my watch history. so could you please extend the validity by 1 month. I already paid 15k at the time of purchasing the lectures, but due to some medical issues, i was not able to watch any lectures. so i am requesting you to kindly extend the validity for just 1 month sir.

latest answer

Done. for now. Pls send these kind of requests on support@indigolearn.com going forward

B. Dinesh

B. Dinesh

CA Final

3K+

1

200

Cash Flow

AFM

answered on 10-May-24 21:23

In the question, everywhere it is mentioned as Cash Flow but we considered the Cash Flows as NPV. We also have initial Cash Out Flow and given Cash Inflows. But is there any specific reason behind considering the Cash Flows as NPV though it is not mentioned?

latest answer

We do not know life of the project . Without that we accnot compute PVCIF or NPV hence all computations are made using 1year CF Subtracting 80 lacs of investment from only 1year cf does not make any sense

Mergu Nikhil

Mergu Nikhil

CA Final

2K+

1

227

80U

Direct Taxation

answered on 12-May-24 11:05

If in question it's given that a person has a disability of around 80% then what will the amount get as deduction 75000 or 125000 ???

latest answer

Yes.

Nikhil Tiwari

Nikhil Tiwari

CA Final

16K+

4

392

ADL Matrix

Strategic Management

answered on 11-May-24 07:57

Should I learn each & every case of ADL Matrix like what happens when position is tenable & industry is growing etc.....

latest answer

Learn the criteria for MCQ purpose

Prasoon Tiwari

Prasoon Tiwari

CA Inter

4K+

2

366

Accommodation of bills

Accountancy

answered on 20-May-24 15:27

For 1/9/22, three entries are being passed. Is it fine to pass a single compound entry like this: Bills Payable A/C Dr 180000 Cash a/c. Dr. 9000 Discount account. Dr. 1000 To Sales account. 1 90 000

latest answer

Yes

Nova Shaji

Nova Shaji

CA Inter

2K+

1

179

Financial Instrument - EIR

Financial Reporting

answered on 20-May-24 15:07

Please tell me how is this amortised cost at the year end Rs.1041 is calculated here?

latest answer

Can you share a clear picture of this question?

Chandan Subudhi

Chandan Subudhi

CA Final

12K+

2

308

OH cost variance

Costing

answered on 10-May-24 19:50

When 20000 units is given as standard, why is 15000 taken for calculation of std OH cost cost

latest answer

20,000 is the capacity. Standards have to be calculated for actual output. Kindly refer to concept videos

Jeffy Fredline

Jeffy Fredline

CA Inter

60

1

160

Exam attempt

Others

answered on 11-May-24 07:58

I have already registered for June 2024 foundation exam but I can't appear in June 2024 due to some personal reasons can I write the exam in September 2024 if yes when can I register for September exam

latest answer

Icai will notify. May be in June or july

Arjun

Arjun

CA Inter

8K+

1

403

rights of bailee

Corporate & Other Laws

answered on 11-May-24 19:22

what is the meaning of wharfingers?

latest answer

Wharfinger is someone who owns or manages a wharf (a flat structure built along the shore of a river, ocean, or harbor so that ships can load and unload cargo or passengers) . The wharfinger is responsible for the goods delivered to the wharf, and is also responsible for day-to-day activities like slipways, tide tables, and resolving disputes. 

Bharavi Kothari

Bharavi Kothari

CA Foundation

20K+

2

194