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Refunds

Indirect Taxation

answered on 06-Nov-23 14:13

Sir, in defination of Adjusted total turnover it is mentioned that The Turnover in a state or a union teritory excluding turnover of services means we should consider only zero rated supply services turnover other services turnover is not considered?

latest answer

Turnover of services is also defined below what is covered in that. PLease check.

Surya Prakash

Surya Prakash

CA Final

19K+

1

376

ITT and OC course

Others

answered on 07-Nov-23 13:35

Will I get refund of the money paid for ITT and OC if I cancel it?

latest answer

No refund .but u can tranfer to another location or branch ...

Atharv Sankliya

Atharv Sankliya

CA Final

3K+

4

436

AS-10 : Property plant and equipment

Accountancy

answered on 04-Nov-23 21:19

Cost incurred after PPE is ready for use but is not put to use / partially put to use is not included in cost of PPE . Explain!

latest answer

Got it. Thank you!

Gungun Lahoty

Gungun Lahoty

CA Inter

325

2

347

Exemption

Indirect Taxation

answered on 06-Nov-23 14:13

as doctor's are exempt from GST, If they form a company and provide a same services., will it be excluded from the GST

latest answer

Yes. It will be.

Manoj Raj

Manoj Raj

CA Final

12K+

1

310

Agm

Corporate & Other Laws

answered on 04-Nov-23 08:12

Why not counted 60days from 20th September as it is the last date agm gas been held ? Instead counted from 27th September Why ? Why ?

latest answer

Generally, due date of filing annual return is • Actual date of AGM held (or) • Last date on which AGM needs to be held What if taken extension of 3months from ROC for AGM i.e; upto 31st dec And conducted on 15th dec Here actual date is 15th dec But last date to held agm whether 30sept or 31 Dec ?

SAI AKASH GORU

SAI AKASH GORU

CA Final

750

2

384

CSR

Corporate & Other Laws

answered on 04-Nov-23 13:03

Actually , the excess expenditure over 2% on avg NP of immediate preceding three financial years shall be the spending of CSR activities for the respective financial year. Okay now, Excess of 2% SHALL BE treated as voluntary higher spending or excess could be adjusted for the subsequent years CSR spending to be spend? Here it's given as voluntary higher spending and i don't think so that it's right. Disclaimer:-rtp nov 2018 If any amendment please let me know

latest answer

Where co. spends an amount in excess of requirement, such excess amount may be set off against requirement to spend u/ss (5) up to immediate succeeding 3 FY provided that: (i) such excess amt. shall not include the surplus arising out of such CSR activities (ii) the Board of the company shall pass a resolution to that effect. solution in the screenshot is incorrect as it does not consider the amendment

SAI AKASH GORU

SAI AKASH GORU

CA Final

750

1

360

Corp level strategy

Strategic Management

answered on 04-Nov-23 08:12

Wat is the difference between diversification and acquisition? In book , diversification is given as build or acquire new bus .

latest answer

Diversification means entering into a new business by a company Acquisition means taking over a company that is already operating in an industry that may or may not be new to the acquiring company

Reetikaa R

Reetikaa R

CA Final

7K+

2

420

Deposit

Corporate & Other Laws

answered on 04-Nov-23 01:20

How much percentage can public company can take from its member ? It's 25% or 35%

latest answer

Eligible public company 10% Ineligible public company 35%

Abhishek Sahu

Abhishek Sahu

CA Inter

1K+

1

339

Leverages

Financial Management

answered on 04-Nov-23 21:19

Mtp oct 22 Ques 1.b Pls see my attachment below. Can I do that sum in the approach I followed? Because ICAI followed another approach and the Ans is varying

latest answer

Ok, I understood. Thank you for clarifying my doubt also.

kowselyaa G

kowselyaa G

CA Final

2K+

6

414

Leverages

Financial Management

answered on 03-Nov-23 20:21

Ques no 1.b mtp oct 22 How come the pref dividend 10000?

latest answer

Face value of preference share is Rs.100000 and divident rate is 10% so preference dividend=100000×10%=10000

kowselyaa G

kowselyaa G

CA Final

2K+

1

343