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answered on 25-Nov-23 15:58
In CA foundation exam should we only use black pen? Is blue pen not allowed? Can anyone please answer this?
latest answer
Thank you so much
Divinne Fiona
CA Inter
★ 9K+
16
2K+
Surcharge on CG for NRI
Direct Taxation
answered on 28-Nov-23 08:35
Is the 15% surcharge applicable for NRI also or only to the residents. i.e There is a NRI selling property for 13 crores in India.what is the surcharge applicable for him
latest answer
Surcharge rate is common for both resident and non resident individuals.
Poojitha Sudharsanam
CA Inter
★ 720
4
424
BRS
Accountancy
answered on 24-Nov-23 13:21
Of the total cheques amounting to ₹12370 drawn in the last week of December 2021 cheques aggregating ₹9360 where encashed in December 2021 How this treatment will be in BRS Please state with reason
latest answer
Understood tq sir
Devi sri K
CA Foundation
★ 7K+
2
561
BRS
Accountancy
answered on 25-Nov-23 04:46
On 20th December 2021 the debit balance of ₹8460 as on the previous day was brought forward as credit balance in the cash book How to account this in BRS Please state with reason
latest answer
Understood tq sir
Devi sri K
CA Foundation
★ 7K+
4
567
Advance ITt and MCS
Others
answered on 26-Nov-23 21:58
Hi , I am a direct entry student, haven't completed my CA intermediate. But I am in my 3rd year of practical training, which is going to get completed by Feb 2024. Am I eligible to register and attend ADVANCED ITT and MCS COURSE, after my articleship i.e. Mar 2024.
latest answer
U can apply after completing 2.5 years articleship.
Revathy Murugesh Kumar
CA Inter
★ 5
2
492
Regarding New study material
Others
answered on 24-Nov-23 18:54
I converted from old to new scheme recently but I couldn’t avail coupons in icai cds for study materials
latest answer
For you kind information, my application approved with in one' day and in cds portal it's showing coupon available
Malaviga Manoj
CA Inter
★ 5
4
540
Co-ownership
Direct Taxation
answered on 28-Nov-23 08:36
In this question..it is given that Arun's unit is self occupied for only 6 months..but we calculated deduction for whole year as 30000 sir...but that is also let out...even though Arun didn't occupy the unit..we have considered it as self occupied..why sir?..
latest answer
Perfect 👍
shanthini hariharan
CA Inter
★ 10K+
4
444
Articleship
Others
answered on 25-Nov-23 11:31
Cleared g1 and exemption in audit and fm Eco in Nov 23...... So result will be fail... We need fill exam form for may 24 and claim exemptions to get passed. In this articleship will be allowed only after may 24 but not after Nov 23.. Is this true?
latest answer
Earlier ICAI had mentioned that you can convert and apply for articleship. I hope ICAI comes with official stand on this.
vamsi krishna
CA Inter
★ 43K+
1
418
Books
Others
answered on 24-Nov-23 10:35
Auditing and SM books are updated? Or wait for some times to buy. Because I already finished old syllabus classes.
latest answer
IndigoLearn Audit & SM books will be released by Nov 30th. If you buy from us now, we shall dispatch new books as and when we get the stock.
Gobi k
CA Inter
★ 12K+
1
444
Ind AS 16 - PPE
Financial Reporting
answered on 24-Nov-23 07:38
In initial recognition, Any expenses related to PPE for purposes other than to produce inventories are to be capitalized as per IND AS 16. If we incur expenses to modify the machinery as per our requirement to produce Inventories, this should be added with PPE or Inventories?
latest answer
If it increases FEB then add to PPE or expense
karthick raja
CA Final
★ 3K+
1
395