Forums
AS 3
Accountancy
answered on 18-Dec-23 10:06
AS 3 Video lecture: illustration 9 Receipt of grant for capital projects is considered as financing activity in the lecture But it's considered as an investing activity in the icai material What should we consider in exam?
latest answer
Okay sir
Monika T
CA Final
★ 7K+
3
457
Payment of tax chapter
Indirect Taxation
answered on 22-Dec-23 12:24
Sir in this when ITC is wrongly availed and utilised the rate of interest is 18% or 24% Video Details Course: Indirect Taxes - GST (I) Module: Tax Invoice: Credit and Debit Notes Section: S.31(4) & (5) - Continuous Supply of Goods/Services
latest answer
As per law, the maximum rate is 24%. The rate notified as of now is 18%. For exam, it is 18%.
Lavi Lavanya
CA Inter
★ 6K+
3
407
Financial ratio chapter
Financial Management
answered on 18-Dec-23 09:13
Why common stock of 1,00,000 Is included in networth.? Video Details Course: Financial Management Module: Financial Analysis & Planning - Ratio Analysis Section: Illustration 5: Balance Sheet Completion
latest answer
Common stock means equity shares. This is a term used in US
Harish Kumar
CA Inter
★ 180
1
345
Bonus shares
Corporate & Other Laws
answered on 18-Dec-23 07:27
Explain 'e' point My understanding Say a share, face value10, paidup8. Now we cannot issue bonus share for this share because it is not fully paidup Bonus shares can be issued only against full paid up shares Am I right??
latest answer
Yes...You are correct
Krishnan K
CA Inter
★ 5K+
2
392
Prospectus &Allotment of Securities
Corporate & Other Laws
answered on 20-Dec-23 19:51
Dear Team, if for private placements no new pvt investment can be done unless the previous investment stands completed so how does the company meet the target of 200 max member limit in a F.Y. Is it issued simultaneously to multiple members.
latest answer
Sure, thankyou.
Namrata Lall
CA Inter
★ 0
10
382
Designation of CA on Marriage Invititation
Auditing
answered on 17-Dec-23 21:06
Can we mention CA prefix on invitation cards Video Details Course: Advanced Auditing & Professional Ethics (Without SA) Module: Professional Ethics Section: Invitation cards
latest answer
I understood mam we should make invitations seperatly
Surya Prakash
CA Final
★ 19K+
6
1K+
Doctrine of ultravirus
Corporate & Other Laws
answered on 17-Dec-23 21:04
I can't understand please explain
latest answer
Ok bro 👌
Fathima Farhath AR
CA Inter
★ 680
3
468
Registration of charges
Corporate & Other Laws
asked on 17-Dec-23 18:32
When the asset held as charge is sold to other company why we have to register it as per sec 77? Video Details Course: Corporate and Other Laws Module: Registration of Charges Section: S.79 Acquiring charged property/Modification of Charge
latest answer
No answers yet!!
HariPriya C
CA Final
★ 3K+
0
375
Inclusion in Tax audit limit for CA
Direct Taxation
answered on 18-Dec-23 07:35
Tax audit form was filed for an ice factory having turnover of less than 1 crore. Will it be included in the maximum limit of 60 audits by a CA?
latest answer
Ideally it will be included since the limit is fixed to ensure perfection in execution of work
MATURU HAMSA GAYATRI
CA Final
★ 23K+
2
611
Preliminary
Corporate & Other Laws
answered on 17-Dec-23 22:21
In listed Co def it’s said non convertible deb can’t b listed If definition of pvt co it’s said any securities Both sentence are contradicting Where am i wrong I hv highlighted the context
latest answer
Thank you
Sushmita Chowdhury
CA Inter
★ 2K+
3
377