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INCOME FOR SALARIES SHARES ALLOTED BY NEW STARTUP.
Direct Taxation
answered on 14-Nov-23 17:57
IN THE TAXABLE EVENT OF STARTUP SHARES EARLIEST OF BELOW 3 EVENTS THERE IS NO CLARITY ON POINT 3 THAT IS EXPAIRY OF 48 MONTHS END OF RELEVANT ASSESSMENT YEAR. PLEASE EXPALIN LITTILE ELBORATELY PLEASE SIR.
latest answer
It means that "After 4 years, ESOP will be taxable in the hands of shareholder"
Anjaneyulu Goriparthi
CA Inter
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1
350
Relating to may24 exams
Exams
answered on 13-Nov-23 20:19
Sir I cleared inter first group , if i give second group on may24..do I get exemption carried forward....how many papers do I need to write for may24 group 2
latest answer
Audit FMSM
Seema Viswanathan
CA Final
★ 1K+
1
415
SA 710
Auditing
answered on 14-Nov-23 12:15
What is the difference between Corresponding figures and comparative FS as per SA 710?
latest answer
In case of corresponding figures, only the current period is referred for the opinion of the auditor on financial statements; whereas. In case of comparative financial statements, each period for which such financial statements are presented is referred for the purpose of auditor's opinion.
SAI CHANDANA KONKA
CA Final
★ 6K+
1
467
Resignation of auditor
Auditing
answered on 13-Nov-23 12:40
What is meant by professional preoccupation?
latest answer
Some other work
SAI CHANDANA KONKA
CA Final
★ 6K+
1
389
Ceiling limit of audit
Auditing
answered on 13-Nov-23 17:42
A,B,C,D are partners and also CA WITH PRACTICING CERTIFICATE so this partnership firm can do 80 company audit. in this C ,D not will to audit but A want to audit more than individual ceiling limit so A decide to do 30 audit on behalf of C . So A is correct?
latest answer
Yes he can provided 10 of the 30 companies are either one person company or small company or dormant company or private company having paid up share capital less than 100 crores
C ANNBU PALANIAPPAN
CA Inter
★ 5K+
2
444
Error in ICAI SSP PORTAL
Exams
answered on 13-Nov-23 11:09
I am a ca final student appeared in May 2023 exam also but when I opened application form for conversion to ca final new course it is showing CONINT23 instead of CONFIN23 Why like that?
latest answer
Sorry. Looks an error. Raise ssp helpdesk ticket
R Sai
CA Final
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2
2K+
INCOME FROM SALARIES
Direct Taxation
answered on 12-Nov-23 20:10
TAXABILITY OF NON GOVERNMENT EMPLOYEE VIDEO NO-32 SALARY TAKEN 60% ON (480000+60000+100000+2400+12000)=RS 392640/-. SINCE POPULATION IS >25 LAKS 15% OF SAID SALARY IS RS.98160/-. NOW ANSWER IS 15 % SALARY =98160 10% FURNITURE COST = 10000 FURNITURE HIRE CHARGES = 20000 TOTAL = 128160 LESS: RECOVER AMT =(120000) TAXABLE PERQUISITE = 8160/-.
latest answer
YES NEXT VIDEO IT WAS CORRECTED NO ISSUE SORRY FOR THE INCONVENYANCE.
Anjaneyulu Goriparthi
CA Inter
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1
403
Bank audit
Auditing
answered on 12-Nov-23 19:00
What is the difference between sanction limit and outstanding balances?
latest answer
Thank you soo much ☺️
Kishore
CA Final
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2
387
Prices
Economics
answered on 15-Nov-23 20:17
What is the difference between List price, marked price, MRP, selling price and cost price?
latest answer
Cost is cost of manufacturing without adding any margin - i manufacuture say a toothpaste at Rs.50 MRP is the price that is printed on the product - eventual price under no circumstances can be greater than this - MRP of tooth paste is 100 List price is price i list on my website or my catalogue - price of toothpaste on my website is 90 . Seller shows 100 as MRP strike it out ( like what we do on our website) Selling price is final price at which i sell, after discounts on list price - 90 - 10% = 81 Selling price is final sale price List
Nidhi S
CA Inter
★ 4K+
1
391
Analytical procedures
Auditing
answered on 12-Nov-23 17:18
Substantive analytical procedures are generally more applicable to large volumes of transactions that tend to be predictable over time . Whether this statement is true r false and what is the meaning of the statement
latest answer
You are welcome 🤗
HEMAVATHYSUBRAMANI SUBRAMANI
CA Final
★ 3K+
3
458