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AGRI INCOME

Direct Taxation

answered on 28-Jan-24 17:58

VIDEO NO:1 TIME 7:06. TAXABILITY OF AGRI INCOME FROM LAND IN INDIA IS INTERCHANGED. THANKS

latest answer

Agricultural income from land in India is exempt. If it is agricultural income from land outside India it is taxable.

ANIRUDH  CPR

ANIRUDH CPR

CA Inter

180

1

204

Ch -11 financial statements of company

Accountancy

answered on 29-Jan-24 11:27

In Question 8 of ch -11 financial statements of company (icai module) why loan and advances from related parties is considered as short term borrowing although no clarification regarding this is given in the question?

latest answer

Looks like u have a trial balance here you have to classify it under long term or short term.

Atharv Sankliya

Atharv Sankliya

CA Final

3K+

4

355

Conversion

Exams

answered on 26-Jan-24 22:30

I have cleared Inter Group1 and in may 2024 going to appear for Group2 what about the mark for paper4 cost and management accounting provide by ICAI. Will they consider the mark already scored in Group1 under paper3 orelse how they calculate total mark for group2 in new scheme.

latest answer

👍

Abirami Mayiladuthurai

Abirami Mayiladuthurai

CA Inter

7K+

9

484

Time of supply

Indirect Taxation

answered on 29-Jan-24 22:49

In section 12(2), the time of supply is (a)date of issue of invoice or last date to issue invoice Date of receipt of payment .... whichever is earlier as per the applicability of may 2024 exams, In the video lectures and in ur study material it is given as only date of issue of invoice. U have said that these classes are applicable for may 2024 but the classes are outdated u have not amended the lectures

latest answer

Thank you for the replay sir, I got the clarity after reading the analysis of ICAI material . I got mistaken sorry for that, Your teaching is awesome. Each and every concept is very clear and the examples are really very easy to understand.

Dottipoju Sandhya

Dottipoju Sandhya

CA Inter

860

3

449

Mcq

Others

answered on 31-Jan-24 10:40

When will the new scheme mcq's will updated sir

latest answer

First & Second week of Feb

SANTHOSH K

SANTHOSH K

CA Final

19K+

3

332

govt grant indas 20

Financial Reporting

answered on 31-Jan-24 10:43

If grant is received as a package (as per my understanding, related to asset and income as a package) then it should be separated on what basis? is it based on carrying value of asset and income?

latest answer

You will need to estimate the proportion and allocate accordingly.

binu mathew

binu mathew

CA Final

0

1

214

Final registration

Others

answered on 31-Jan-24 10:39

Sir i cleared my both groups. Im trying to register for final course through SSP. But in my student module, that registration for final tab is not showing. Regarding this I called ICAI they said to drop mail i dropped mail but in that mail also they gave number to call . What i should do i don't know sir . Kindly help me in this regard .

latest answer

Great. All the best.

HEMAVATHYSUBRAMANI SUBRAMANI

HEMAVATHYSUBRAMANI SUBRAMANI

CA Final

3K+

8

384

Depreciation

Accountancy

answered on 26-Jan-24 16:03

Is my revised depreciation under SLM is right?

latest answer

yes

Krishnan K

Krishnan K

CA Inter

5K+

1

353

CA Final May 2024 Attempt

Exams

answered on 26-Jan-24 16:01

Hi, I had a doubt regarding ca final exam may 2024. I completed my advanced MCS course, but will do my advanced itt only in March (as batches in my area are available only then). But the CA final exam registration closes on February . Can I register for CA Final exam without attending itt

latest answer

Yes.

Jowel Jacob Jestin

Jowel Jacob Jestin

CA Final

3K+

1

406

Replacement decision

AFM

answered on 26-Jan-24 14:12

why are we deducting the tax benefit of additional depreciation from the cash inflow ?

latest answer

we will add tax benefit of increased dep . The way to do that is change dep x tax or change in dep - change dep ( 1-t) Here they have done it in second manner

Swathi Krishna

Swathi Krishna

CA Final

8K+

1

314