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Perquisites

Direct Taxation

answered on 06-Jan-24 17:15

Suppose the employee is working in private limited company, the company given a concessional ticket to employee the ticket is taxable not not Video Details Course: P3A - Income Tax (New) Module: Chp 4.1 - Salaries Section: 53. Perquisits- Children education and Revision

latest answer

It is taxable.

Ganesh V

Ganesh V

CA Inter

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471

General

Others

answered on 05-Jan-24 16:25

How to use Amount in our 1fin account other than points.

latest answer

Thank you

amal raj

amal raj

CA Final

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7

561

Capital redemption account

Corporate & Other Laws

asked on 05-Jan-24 16:02

Capital redemption account is used for issue bonus shares only then, Why redeemable preference shares amount will come to capital redemption account. Video Details Course: Corporate and Other Laws Module: Share Capital and Debentures Section: 20.S.55 Repayment of preference shares

latest answer

No answers yet!!

Shivashankar Jawai

Shivashankar Jawai

CA Inter

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386

Validation period

Others

answered on 05-Jan-24 16:18

Fr ca inter 10yrs validation period Is it count from may24 ??? Is it counted from old

latest answer

From May 24 that from date of conversion... Validation for 5 years then you can re validate once again for 5 years.

Nivetharaman Raman

Nivetharaman Raman

CA Foundation

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1

443

Eco & bck

Economics

answered on 05-Jan-24 12:43

Corporate profits and interest rates are examples of lagging indicators?

latest answer

Yes

Nidhi S

Nidhi S

CA Inter

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544

Eco and BCK

Economics

answered on 05-Jan-24 15:48

Consumer surplus always increases as the price of a good falls and decreases as the price of the good rises right?

latest answer

Yes, assuming all else constant, because it is the difference between price he is willing to pay and price of the good.

Nidhi S

Nidhi S

CA Inter

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1

473

Advice

Others

answered on 05-Jan-24 17:38

Last time I wrote exam was in nov22 i didn't write exam last yr ... Becse my sis had a huge accident had to take care of her i haven't cleared any subjects but I feel like I want to take a break from ca ...this yr I am going to get married i probably won't be able to prepare for ca ... I am going to take a break from ca fr 3 yrs .. after 3 yrs can I join ca ... If I join after 3 yrs do I have 10 yrs validation period or 7yrs validation period. 1. Doubt is can i take a break like that if I can .. if I can i rejoin again if i rejoin my attempt for 10yrs 7 yrs . This is my situation. Plse reply sir TQ so much

latest answer

Okay

Nivetharaman Raman

Nivetharaman Raman

CA Foundation

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3

521

SA 402 Exclusions from Scope

Auditing

answered on 10-Jan-24 20:48

Audit in case of proprietory financial interest Mam I not understood above sentence could you please explain Video Details Course: Standards on Auditing - CA Final Module: SA 402 - Audit Considerations - Service Organisation Section: 3.Exclusions from Scope

latest answer

suppose if 4 people have partnership firm together. they will get share of profit from the partnership firm . along with the share they will have their own of income. like some personal investments, some other earnings etc. n may also be subjected to audit. now this auditor in this context can be referred as auditor of user entity. Will this auditor the come n verify the accounts of this partnership firm because some part of the audit is referred to income generated from the firm. the answer is no, as this is excluded from the scope of SA 402. Mr A, Mr. B and Mr C are partners. they draw their share of income from the partnership firm (audited by another auditor) Now, Mr A might have his own earnings along with his share of profit from the firm and this income could be subjected to audit. Suppose if the audit is done by CA X. Here, Mr X can be considered as auditor of user entity, Now ,will this mean that he will ask for the accounts of the firm and look into it . No. Basically. where outsourcing is done, SA 402 is relevant. this is not outsourced, its internal part and firm calculates and get it audited too. so its outside the scope of SA 402

Surya Prakash

Surya Prakash

CA Final

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2

410

SA 200

Auditing

answered on 08-Jan-24 15:40

Can someone tell where SA 200 is there in icai study material Page number?

latest answer

SA 200 is a standard you need to understand thoroughly for fundamentals of audit. Chapter 1 is discussing that without complete reference. Please do it and you find all the topics understandable and relatable.

Monika T

Monika T

CA Final

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565

Extension of Classes by One Week

AFM

answered on 05-Jan-24 09:33

Please extend the validity of these classes by 1 week as I got to know about these opportunity 1 week later Video Details Course: Advanced Financial Management - AFM Module: Advanced Capital Budgeting Decisions Section: 27. Illustration 19

latest answer

Pls watch till. Jan 15 and complete max in that time

kartik aggarwal

kartik aggarwal

CA Final

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