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Direct Taxation

answered on 31-Mar-24 23:26

Mr. Sunil has filed his return of loss for A.Y. 2024-25 on 31.7.2024 and received a total refund of ₹ 44,500. On 15.9.2024, he would like to furnish his updated return of income for additional income. In case he furnished his updated return of income for additional income, he would be liable to pay ₹ 57,000 towards tax and ₹ 6,700 towards interest for additional income to be reported in updated return. Compute the additional income-tax payable by Mr. Sunil at the time of filing his updated return. (RTP Nov ‘23) (a) ₹ 27,050 (b) ₹ 15,925 (c) ₹ 14,250 (d) ₹ 31,850

latest answer

Amount he is liable to pay and refund already claimed. Total *25 percent

Krisha Modi

Krisha Modi

CA Inter

0

1

1K+

Spot rate and forward rate

AFM

answered on 30-Mar-24 04:30

Why are we considering the forward rate or spot rate from one bond to calculate the forward rates of another bond sir? Like, it is different from each other and even coupon rates also different. Could you please explain sir?

latest answer

Generally for companies of same credit rating, the cost of borrowing is same if tenure and amount are same

Hanumanthu Rajesh

Hanumanthu Rajesh

CA Final

7K+

1

316

Place of supply

Indirect Taxation

answered on 30-Mar-24 20:21

Anyone please clarify this question 31..why they are considering address on record in 12 (9) section

latest answer

POS shall be the place where passenger embarks the conveyance for continuous journey. May be clerical error.

Lavi Lavanya

Lavi Lavanya

CA Inter

6K+

1

347

formulae

Financial Management

answered on 03-Apr-24 15:41

is net assets is equal to equity&debt together

latest answer

Net Assets means Capital Employed. As formula NA = E+RE+P+D = FA+CA-CL

Nikitha Velavalapalli

Nikitha Velavalapalli

CA Inter

3K+

2

314

qn 4

Indirect Taxation

answered on 30-Mar-24 20:23

sir where is question 4 sir? the lecture is not found pls do reply to my qns

latest answer

Lecture is there. Please check again.

BHAVYA narayanan

BHAVYA narayanan

CA Inter

0

1

209

qn 1

Indirect Taxation

answered on 30-Mar-24 20:25

sir it is testing right so it will be 15[2]b right suppliers obligation in relation to the supply met by recipient right why s15[2]c incidental charges? ?

latest answer

Section 15(2)(b) will come only when recipient is paying to any other person on behalf of supplier. If supplier only collects testing charges, then it will come under Section 15(2)(c).

BHAVYA narayanan

BHAVYA narayanan

CA Inter

0

1

182

Input

Indirect Taxation

answered on 29-Mar-24 13:29

Sir I can't able to do this type of questions .please give atleast 5 sums for 10 marks questions for video sir .it our my request sir .

latest answer

We have solved this type of questions even in past papers and also in case based MCQ. They are available in the videos itself. Please check. Try to solve. Any doubts please ask.

Rajasekaran R D

Rajasekaran R D

CA Inter

1K+

1

344

Standard costing

Costing

answered on 03-Apr-24 10:20

How to do this question can anyone explain

latest answer

Part of paid courses

Devisree

Devisree

CMA Final

0

3

334

doubt

Corporate & Other Laws

answered on 31-Mar-24 14:31

a person ceases to be a partner either insolvent or unsound can interfere or his interface in management of llp

latest answer

A person may cease to be a partner of a limited liability partnership in accordance with an agreement with the other partners or, in the absence of agreement with the other partners.

Chandramouli A

Chandramouli A

CA Inter

720

1

424

Exemption

Indirect Taxation

answered on 29-Mar-24 13:30

Tour services provided by a person for 2 days in India and 3 days in China for Rs. 120,000. What is the value of exempt supply? Is this applicable for May 2024 exam?

latest answer

Correct.

Punitha Krishnaraj

Punitha Krishnaraj

CA Final

5K+

3

336