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Invoice

Indirect Taxation

answered on 07-Nov-23 15:21

Supplier need not issue invoice to unregistered person if value of supply is less than RS. 200 or 100?

latest answer

1.value should be less than 200 2.invoice is not required to the recipient

Pooja .

Pooja .

CA Final

210

3

448

Time of supply

Indirect Taxation

answered on 07-Nov-23 15:01

Time of supply in case of supply of service under RCM is it 61st day or 31 st from date of invoice?

latest answer

61st

Pooja .

Pooja .

CA Final

210

1

372

Composition scheme

Indirect Taxation

answered on 07-Nov-23 15:01

Person registered under composition scheme can be engaged in services upto 10% of turnover or 500000 ? In this should I consider whichever is lower or higher?

latest answer

Higher

Pooja .

Pooja .

CA Final

210

1

332

Regarding IT and OC training

Others

answered on 07-Nov-23 16:44

I am a student registered for CA intermediate,preparing for MAY-24 exams.Can I join ICITSS after the completion of the exams(after passing both groups)?

latest answer

Purchased from indigolearn for inter

Nazim Thahirudeen

Nazim Thahirudeen

CA Inter

17K+

4

415

Place of supply

Indirect Taxation

answered on 08-Nov-23 14:27

Sir have you made a video about place of supply as per new schem

latest answer

Module No 7

Anitha Raghu

Anitha Raghu

CA Inter

0

3

362

Entertainment allowance

Direct Taxation

answered on 07-Nov-23 14:20

One who works under government is government employees so they can take deduction under section 16(2) entertainment allowance So question is "ABC Ltd was government subsidies (55%holding) so who are working under this company can deduction under section 16(2)"?

latest answer

Section 16(ii) deduction is allowed for Government employee - Both Centre and State

C ANNBU PALANIAPPAN

C ANNBU PALANIAPPAN

CA Inter

5K+

2

440

Financial Statements of NPO - Fund treatment

Accountancy

answered on 04-Dec-23 16:01

Illustration 12 There is a Research Fund and expenses such as Materials Consumed for research and Salaries paid for research. In the answer, they are debited to Income and Expenditure despite a fund for this specific purpose already existing. Why is this so? Shouldn't we just deduct it from the Research Fund when we prepare the Closing Balance Sheet? https://resource.cdn.icai.org/67185bos54090-cp9.pdf The question is long, so I cannot attach it here. Please click the above link and go to page 26 of the PDF

latest answer

Ok sir, thank you for the reply!

Vishnu Muraleedharan

Vishnu Muraleedharan

CA Final

32K+

4

699

Formula

Accountancy

answered on 07-Nov-23 12:18

What are all includes in equity share holders funds and what are all in equity (for fm ratio chapter also)

latest answer

Same.

Sruthi sruthi

Sruthi sruthi

CMA Inter

640

3

355

Risk analysis

Financial Management

answered on 08-Nov-23 05:46

case of sensitivity analysis if there 10% variance and at bade case investment is 1000000 and salvage value is 100000 then in case of sensitivity analysis will there be 10% change in salvage value

latest answer

If they want u check for its sensivity only then

creative geek

creative geek

CA Final

10K+

3

351

Mixed and composite supply

Indirect Taxation

answered on 07-Nov-23 14:23

When we visit mall , they give a bill . It is mixed supply as not naturally bundled , and single highest rate should be charged for total price. But in the bill individual item wise gst is being charged. How is it ? Is it deemed that for each product individual invoice is issued ?

latest answer

Mixed supply means two or more supplies are given together for single price. When we visit mall and buy different items then for different items there is different price.

Anirved Rahatgaonkar

Anirved Rahatgaonkar

CA Inter

0

1

355