Forums
Unregistered Causal taxable person
Indirect Taxation
answered on 25-Mar-24 12:14
Is causal taxable person can be unregistered?
latest answer
Right.
Chandu vadla
CA Final
★ 11K+
5
305
Dividend decision
Financial Management
answered on 26-Mar-24 11:52
Sir, what growth rate should be taken in the numerator of D5? In the last edition of study material, in the numerator, the value of g is taken as 5% whereas in the latest study material the value of g is taken as 15%?
latest answer
That is a mistake in icai SM D1/ ( ke-g) give value on Day 0 So D5/ Ke-g gives P4. P4 needs to be divided by PVF for year 4 and not year 5
Pravin Nesaraj
CA Inter
★ 32K+
3
301
CG tax for NR
Direct Taxation
answered on 25-Mar-24 12:19
First proviso to sec 48 read with rule 115 A - is this applicable to unlisted securities ?
latest answer
Yes it is applicable. But if they are paying tax @10% then they cannot claim foreign exchange fluctuation benefit.
Mansha Tutlani
CA Final
★ 555
1
325
Amendment of registration
Indirect Taxation
answered on 25-Mar-24 12:21
What will be the tax implications if a registered supplier fails to submit an application within 15 days from the date of change in Core fields as per section 28 of the CGST Act, 2017 ?
latest answer
Legally he must update within 15 days. If not done then department may treat him as violation of law and impose penalty.
Chandu vadla
CA Final
★ 11K+
1
324
Banking
Others
answered on 24-Mar-24 18:51
Who is a PO? Probationary officer? What do they do?
latest answer
Basically employees on probation. After you work for certain period of time, you get confirmation.
Nidhi S
CA Inter
★ 4K+
4
272
Relating to Value of assets
Accountancy
answered on 24-Mar-24 00:03
In 1fin material the question is wrong. In question there is no account receivable is given under current assets. But in solution there is account receivable is given with unknown values
latest answer
OK sir
sitaram kollepara
CA Inter
★ 2K+
2
180
Crr creation
Accountancy
answered on 24-Mar-24 19:01
I read one point in law, Securities premium is used to buy back shares. How we can use?
latest answer
yes
sitaram kollepara
CA Inter
★ 2K+
3
203
Overheads - Trial & error method
Costing
answered on 03-Apr-24 06:32
In this given solution of OHS , it's taken as 5,04,300 value instead of 5,04,271 . But in RTP it's solved taking exact value but however service dept value not get null. So what to do in these type of questions
latest answer
It is just a matter of rounding off. Both answers will be given full marks. I would suggest go with exact numbers only
Mehak K
CA Final
★ 3K+
1
307
Capital gain
Direct Taxation
answered on 25-Mar-24 12:19
Can anyone please explain this
latest answer
Utilise the unutilised the basic exemption limit, you will get the answer.
Naina Bhojwani
CA Final
★ 5K+
1
330
Registration
Indirect Taxation
answered on 25-Mar-24 12:22
Pls clarify these questions If a person engaged in service of money lending and gets a turnover of Rs.6 lakhs and in any other taxable services and getting turnover of Rs .18 lakhs in Assam .Is registration required? What is the answer if a person engaged in service of money lending and gets a turnover of Rs.6 lakhs and in any other taxable services and getting turnover of Rs.7 lakhs in Manipur.Is registration required?
latest answer
Yes. Since aggregate turnover exceeds threshold limit.
Lavi Lavanya
CA Inter
★ 6K+
1
291