Forums
Total Marks to be scored and minimum marks to pass single paper
Exams
answered on 24-Feb-24 12:11
Hello guys/ anyone, Can anyone please explain me about how many marks is required for clearing a paper in a group and how much is the total marks to be scored to clear a group in CA inter( without any exemption) for total of 300 marks.
latest answer
Thank you so much
Srividhya Sundarrajan
CA Final
★ 3K+
2
1K+
Toleratable misstatement
Auditing
answered on 24-Feb-24 16:15
Can someone explain me how Tolerable mistatement is linked with performance materiality?
latest answer
Material misstatement is there but it is tolerable i.e Acceptable. Tolerable misstatement always below the performance materiality. Suppose Auditor set performance materiality bench mark as 500 Lakh. Let say 450 Lakh is tolerable.
Satha Sivam
CA Final
★ 7K+
2
644
Composition scheme
Indirect Taxation
answered on 25-Feb-24 18:24
Say MrA registered person started to exercise Composition scheme FY 22-23 Here statement means what additional statement Relevant financial year mean which FY ?
latest answer
Statement related to stock of goods and reverse input on the same.
Sushmita Chowdhury
CA Inter
★ 2K+
5
429
Capital gain for personal movable property used for business
Direct Taxation
answered on 25-Feb-24 18:33
How to calculate capital gain or loss of a car which is used 3/4th for business and 1/4th for personal purpose
latest answer
Car will be a part of block of asset only. BAsed on what depreciation is claimed, we will calculate accordingly.
Guru Raja Prabhu L
CA Inter
★ 390
1
408
Composition scheme
Indirect Taxation
answered on 28-Feb-24 17:04
This person can avail composition scheme person have different units in different state, but cause of this, this person can do inter state branch transfer of own unit…..then composition scheme won’t apply ?
latest answer
If he does inter state outward supplies, then he cannot take composition scheme.
Sushmita Chowdhury
CA Inter
★ 2K+
13
498
Indigo learn mcqs
Exams
answered on 26-Feb-24 13:07
Is Indigo Learn MCqs are enough to score maximum marks in mcqs??
latest answer
Direct + Case based.
Madhu Reddy
CA Inter
★ 4K+
3
456
IND AS 23
Financial Reporting
answered on 26-Feb-24 12:41
Sir, why on 50,000 it is taken 10/12 , the money is applied on august and not on april?
latest answer
For specific borrowings, the entire cost of borrowings will be capitalised irrespective of time of usage. The only condition is to "use" only
Swathi Krishna
CA Final
★ 8K+
2
384
Appointment of Auditors
Corporate & Other Laws
answered on 24-Feb-24 12:04
Mr. M and Mr. N are directors of MN pvt ltd. Mr. M is also a director of ABC pvt ltd Mr. N is Partner in the Audit firm called N&O Co. Can Mr. O, who is also a partner in N&O co, appoint as a auditor of ABC Ltd? Mr. N & Mr. O are qualified CA's.
latest answer
N is director( kmp) of MN Ltd..not ABC pvt Ltd Where only M is KMP in MN Ltd and ABC pvt Ltd Mr. O can be appointed as an auditor because partner N is not KMP , employee , or officer in ABC pvt Ltd
dundi Dundi
CA Inter
★ 8K+
4
405
GST
Indirect Taxation
answered on 25-Feb-24 18:26
Sir If goods are supplied to Unregistered dealer of another state then both POS and LOS are different so IGST will be levied as it is inter state supply but GST is a Destination based Tax system so Finally the tax paid will go to which state?
latest answer
Tax will go to consumption state.
Akshay Kumar
CA Inter
★ 3K+
1
452
Technical
Others
answered on 27-Feb-24 09:46
Mistake in animation for various words during reassessment
latest answer
Thanks for pointing out. We will have a look
Subashree Vijayakumar
CA Final
★ 0
1
230