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Indirect Taxation

answered on 28-Feb-24 17:06

I have a doubt Who is agent under gst? If he issue his own invoice is not an agent is it correct and In what circumstances he becomes a related party?

latest answer

If agent issues invoice to customer in his own name then the transaction between principal to agent is taxable. However, if agent issue invoice to customer in the name of principal then the transaction between principal and agent is not taxable.

Mile s

Mile s

CA Final

250

1

378

Free FR classes

Others

answered on 26-Feb-24 13:12

Hello sir,Me being a student who has not enrolled classes from any teacher for FR due to financial issues I request you to extend the time period of FREE FR classes from 27th for few more days too. This is a kind request from me who was waiting for a complete english medium class since I'm from south India.

latest answer

Hi Praveena, Thanks for reaching out to us. We would not be able to extend the classes. You can make use of individual module or special course sale where you can get a couple of months access at highly discounted prices.

Praveena Jayachandran

Praveena Jayachandran

CA Inter

200

1

249

Deferred tax - tax base

Financial Reporting

answered on 02-Mar-24 22:59

What will be the tax base for liability for warranty costs? Please explain sir.

latest answer

Thank you sir

manideep martha

manideep martha

CA Final

10K+

2

381

Ind as 21 11 th illustration

Financial Reporting

answered on 11-Mar-24 15:50

While teaching the treatment for Intra group transactions, sir said that exchange gain/loss recgnised in standalone can be recgnised in CFS, but in this problem u didn't recognise that 24 of exchange gain, is that bcz the inventory is still within the group, ryt?

latest answer

Yes

Bharath sha

Bharath sha

CA Final

37K+

1

228

PGBP

Direct Taxation

answered on 28-Feb-24 17:16

If we say generally then it is capital expenditure and in particular related to scientific research then it is capital expenditure on scientific research ?? Normally capital expenditure can be set off against other heads of income and carry forward as unabsorbed depreciation? ?

latest answer

Right.

Devisree

Devisree

CMA Final

0

1

431

Set off and carry forward of losses

Direct Taxation

answered on 29-Feb-24 11:02

Is this correct? But the answer is different whether answer is 35000 ? Is it correct or else am I wrong ? Please help to rectify.

latest answer

Regret we do that kind of service only for our paid students. Did you enroll in any course with us?

Devisree

Devisree

CMA Final

0

3

445

General query

Others

answered on 27-Feb-24 07:28

Sir , when will we have direct tax classes for ca final. Also when notes for audit will be available physically

latest answer

Audit in the coming week. DT - No plans as of now.

Hrishikesh Pradhan

Hrishikesh Pradhan

Qualified CA

18K+

1

445

PGBP

Direct Taxation

answered on 29-Feb-24 19:03

Share of loss of partnership firm cannot set off nor carry forward but share of loss of partner can be set off and carry forward ??

latest answer

Ok done thank you

Devisree

Devisree

CMA Final

0

14

2K+

CA Final Registration

Others

answered on 25-Feb-24 19:01

I had registered for CA Inter in Feb 2020. I have cleared both the groups and started my articleship. My final attempt falls in Nov 25. My intermediate registration is about to expire in a few days. Is it compulsory to register for CA Final before expiry or can I register later ?

latest answer

Ok Sir. Thank you.

Supriya Selvaraj

Supriya Selvaraj

CA Final

24K+

2

349

PGBP

Direct Taxation

answered on 28-Feb-24 20:01

If mentioned capital expenditure then it is capital expenditure on scientific research? ?

latest answer

Ok thanks for the clarification

Devisree

Devisree

CMA Final

0

2

403