powered by logo

Forums

business combination

Financial Reporting

answered on 17-Feb-24 15:09

when calculating asset concentration in class 7, why DTL is not deducted from formula?

latest answer

We calculate Gross Assets.

For Class

For Class

CA Final

720

1

172

Place of Supply when event held in India and Outside India

Indirect Taxation

answered on 18-Feb-24 10:23

Hi sir, hope you're doing good. Let us say an event is organized, which spans across both Uttar Pradesh and Nepal, and such event is supplied to an unregistered person. In this case, will the place of supply be apportioned across UP and recipient's location on the basis of value as per GAAP? Or will the entire place of supply be considered as recipient's location. Thanks.

latest answer

If event is held in more than one location, then it is apportioned on the basis of amount attributable to each event. Generally, POS is the place where event is actually held if recipient is an unregistered person. However, if the event is held outside India then POS shall be the location of recipient.

Devaprasad Jothimani

Devaprasad Jothimani

CA Inter

0

1

379

Cancellation of CMA Registration

Others

answered on 17-Feb-24 15:28

Can I cancel my cma final registration?

latest answer

Why?

Sai Vema

Sai Vema

CA Final

108K+

1

482

FORM 112

Others

answered on 26-Sep-25 22:44

Sir , I got correction mail from icai , what happens if I didn't corrected and resubmit.

latest answer

If timing does not clash and no objectino from college, there should not be any issue.

Sai Vema

Sai Vema

CA Final

108K+

12

679

Assessment procedure & Appeals

Direct Taxation

answered on 18-Feb-24 10:38

Let's go in-depth in this topic and make it a cup of tea. I'm very passionate on this topic and working practically in a CA Firm as well

latest answer

Kindly send me an email on TSHIVATEJA@GMAIL.COM Let's talk in detail.

Sandeep

Sandeep

CA Final

540

1

336

Drawee in case of need

Corporate & Other Laws

answered on 25-Feb-24 18:13

Do we need to get permission from the other drawee that the drawer is going to mention in the BOE?

latest answer

Ok ma'am

Arjun

Arjun

CA Inter

8K+

2

397

As26

Accountancy

answered on 17-Feb-24 02:36

I just need to confirm this Discounting factor = for calculating present value Annuity factor for calculating future value Is that’s the diff ? If no pls explain what’s the diff btwn 2

latest answer

I have resolved this query Thank you

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

2K+

3

334

consolidated statement of profit and loss

Financial Reporting

answered on 17-Feb-24 15:11

In TYU-2 we don't include investment income but in TYU-3 we included, why ? pls explain.

latest answer

In TYU2 - Dividend is paid by subsidiary In TYU3 - dividend is not paid by sub

Anurag Jha

Anurag Jha

ACCA Skill

0

1

317

Sm

Strategic Management

answered on 16-Feb-24 13:42

Whether All the lecture of sm are uploaded?????

latest answer

2 hours will be uploaded by Monday/Tues. Post that will upload questions and revisions.

Shivaraj Thekkatte

Shivaraj Thekkatte

CA Inter

0

1

200

Buy 3 Get 1 Free Tax Applicable and Invoice

Indirect Taxation

answered on 18-Feb-24 10:24

1. Buy 3 Get 1 Free deals how they impact taxes when businesses offer them. 2. Also, when a company offers such promotions, how do they usually show them on invoices? Do they just mention the discount, or is there something else they do?

latest answer

It is as good as 4 products price is charged in 3. They are treated as mixed supply and taxable accordingly on the entire amount charged. Practically, on invoice many companies show it as discount.

Ravikumar Pandi

Ravikumar Pandi

CA Inter

2K+

2

340