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Exemption query

Exams

answered on 29-Feb-24 15:11

In this new syllabus 2024 If I got DT -35 , IDT -60 and IBS - 65 Can i claim both idt and ibs exemptions? Or only one ? and again in nov 24 if I got overall 300 marks in both groups including idt , ibs subject to 40 marks per subject... Will it be pass? Please sort it out Thanks in Advance

latest answer

Thank u Sir

Sai Tejjj

Sai Tejjj

CA Final

200

2

397

Please explain what The law actually rules confuse me

Direct Taxation

answered on 29-Feb-24 20:55

Please 🙏 explain with practical examples section 40

latest answer

He cannot take deduction for interest on TDS ideally

MPR Sanjay Kumar

MPR Sanjay Kumar

CA Inter

530

7

328

Futures

AFM

answered on 29-Feb-24 14:06

How to know whether to sell or buy futures when transaction in Euros and buying/selling futures in Pounds? Can we solve this by buying Pounds Futures as the Pound is depreciating (Euro is appreciating) instead of selling Pounds Future?

latest answer

Invoice is in euro and company is in UK ( pounds) If you have to enter into futures contract or forward contract , the company will sell euro to bank and buy pounds from bank.

shamanth rm

shamanth rm

CA Final

2K+

1

315

Cost of capital

Financial Management

answered on 04-Mar-24 02:40

Dear sir, Please explain the Example caluclation given (Investor is prepared to pay 150/-) in the attached the question, I am unable to understand the concept behind the caluclation, can you explain th example in detail.

latest answer

addressed this in your next post

siva chaitanya

siva chaitanya

CA Final

13K+

2

287

audit of banks ,audit of items of fs and special features of audit of different types of entities chapter

Auditing

answered on 02-Mar-24 12:36

these chapter are not uploaded can you please upload the reamining chapters?

latest answer

They will be uploaded in a weeks time

18-CO-263 SUBASH.J

18-CO-263 SUBASH.J

CA Inter

440

1

249

Industrial training

Others

answered on 29-Feb-24 11:35

I have enrolled for new scheme articleship for 2 years when can i commence my industrial training

latest answer

Minimum of 1 year of articlesship is required to be completed to started industrial training.

Roshni Roy

Roshni Roy

CA Final

1K+

1

291

MM approach

Financial Management

answered on 29-Feb-24 14:44

Sir please explain (iii) cost of equity, except this i understood whole problem sir,

latest answer

Okay sir, thank you sir😊🙏

Kavitha Krishnan

Kavitha Krishnan

CA Inter

665

2

372

Ill 11

Financial Reporting

answered on 01-Mar-24 09:46

Contribution by employer is 12%. EMployee contribution will also be 12% so shouldn't total provision should be for 12 crores?

latest answer

Employee contribution is paid out of employees salary and will be accounted as salary expense.

Dhvaritha Ravishankar

Dhvaritha Ravishankar

CA Final

7K+

1

178

IND AS 12 - Income taxes

Financial Reporting

answered on 02-Mar-24 19:18

If the dividend receivable is ₹100 which is not tax deductible. Then what will be the Tax base? Could you please explain this?

latest answer

Tax deductible is used in reference of expense.

Chandu vadla

Chandu vadla

CA Final

11K+

3

323

Syllabus

Auditing

answered on 29-Feb-24 06:27

Do wee need to again Study CA inter Audit or CA final Audit Study material is sufficient?

latest answer

Only final

Kumar G

Kumar G

CA Final

12K+

1

337