Forums
Section 194 Q and 206C (1)
Direct Taxation
answered on 01-Apr-24 11:48
The company made scrap sale but purchaser deduct TDS u/s 194 Q then whether the company Collect TCS or not u/s 206C (1)
latest answer
TCS.
CA Tamil
CA Final
★ 2K+
8
2K+
in exemption chapter
Indirect Taxation
answered on 25-Mar-24 12:13
where to find these clarification? clarifications are important frm exam pov?
latest answer
Content discussed in the video would be sufficient.
BHAVYA narayanan
CA Inter
★ 0
1
264
Transaction value
Indirect Taxation
answered on 25-Mar-24 12:13
What is the transaction value that is the price actually paid or payable..... In case of price is partly paid at the time of supply and remaining amount later on. Since the word or is there it will be either amount paid or remaining to be paid?? Or does the word or is constructed as AND for this situation??
latest answer
Perfect.
Atharv Sankliya
CA Final
★ 3K+
2
315
Direct vs indirect quote
AFM
answered on 24-Mar-24 20:16
INR/$=80-82 Indirect quote 1INR=$1÷82 =Bid rate, $1÷80 =Ask rate =0.0122- 0.0125 Am I right?
latest answer
Yes
Mansha Tutlani
CA Final
★ 555
1
322
IND AS 109- Modification accounting
Financial Reporting
answered on 25-Mar-24 16:20
Any guidelines as to when entity should apply Method 1 / Method 2 . or is it at the decision of the entity applying it. Also which method to follow in exam?
latest answer
It is at the entity's descrition. They can choose which method to apply. In case question is silent, do both.
Bhoomi Makhecha
CA Final
★ 35
1
366
Capitalizing expenses
Financial Reporting
answered on 25-Mar-24 16:22
How could a company capitalize illegal expenses like corruption charges? I know it's a silly doubt but are there any ways that we could capitalize such expenses without revealing these expenses also booking such value.
latest answer
These are generally paid out of the books. Later other expenses are inflated.
Aaryaman Jhaveri
CA Final
★ 500
1
155
SA 210
Auditing
answered on 25-Mar-24 21:37
Can Management prepare and give engagement letter to the Auditor ? Or it is only responsible for the auditor to prepare engagement letter
latest answer
SAs are the responsibilities of auditor. Even if management prepares, responsibility is only of the auditor Management gives appointment letter, and auditor EL
Janani R
CA Final
★ 35K+
3
570
Ind AS 21 Accounting for foreign currency transaction
Financial Reporting
answered on 28-Mar-24 17:04
Video No 14 I llustration 9 Property Plant equipment is measured at closing rate. It is non monetary item so it needs to be measured at historical cost. Am I correct
latest answer
Infotech global will not restate PPE in its books.
swaminathan sundaram
CA Final
★ 110
5
503
Ratio analysis
Financial Management
answered on 25-Mar-24 17:20
What is repayment of loan in this formula, principal amount?
latest answer
Okk
Ramya Telikicherla
CA Final
★ 6K+
5
330
Ratio analysis
Financial Management
answered on 25-Mar-24 17:14
In this formula is installment means principal amount per year or total principal amount of loan.and what is interest per year interest or total interest amount of loan
latest answer
Okk thank you
Ramya Telikicherla
CA Final
★ 6K+
2
305