powered by logo

Forums

exemption

Indirect Taxation

answered on 12-May-24 11:01

training of staff of Higher secondary school = exempt or taxable?

latest answer

Taxable.

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

★ 2K+

1

456

exemption

Indirect Taxation

answered on 12-May-24 11:03

1 college provide 2 degree = 1 recognised another unrecognised artificial bundle = higest of tax ? naturally bundle = exempt or taxable ?

latest answer

Naturally bundled then we have to see what is principal supply in such case. If it is artificially bundled then highest rate.

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

★ 2K+

3

425

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

409

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

314

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

281

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

527

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

483

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

227

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

371

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

273