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Itc

Direct Taxation

asked 2 hrs ago

In thi que total itc as per calculation 2,65,000. In computation of net gst payable itc cgst and sgst 1,12,500 how ?

latest answer

No answers yet!!

Maasritha Reddy Billuri

Maasritha Reddy Billuri

CA Inter

β˜… 7K+

0

12

Special category states

Indirect Taxation

answered 3 hrs ago

What are the special category states ?

latest answer

Special category states are Manipur Mizoram Tripura Nagaland uttrakhand Sikkim telangana Arunachal Pradesh Meghalaya Puducherry. E - invoice limit is 10 crores upto 10 crores no e - invoicing required greater than 10 crores e - invoice compulsory required for B2B supplies.

Nayani Agarwal

Nayani Agarwal

CA Inter

β˜… 1K+

2

58

Investments

Accountancy

answered 3 hrs ago

I didnt understand anything Can any one explain this .

latest answer

Since the share price reduces upon issue of rights to offset it to the extent of cost of investment it is applied to reduce cost and balance charged to p&l This is because while you bought investment you paid for the investment and right to buy additions( rights and bonus) and since the rights are sold and market price has reduced you are offsetting ur cost of investment to cost without right ( ex right cost) So for second question 10,000 should be credited to cost of investment and 2000 to p&l

V S R Krishna

V S R Krishna

CA Inter

β˜… 795

1

38

How to solve AS based question

Accountancy

answered 6 hrs ago

How to solve AS based question ?should I learn it line to line?

latest answer

Same doubt here I always lose marks in AS questions only Idk why it's such a hard for me to understand the intention of the questionπŸ˜… Let's wait for faculty's answer

Atharv Sankliya

Atharv Sankliya

CA Inter

β˜… 3K+

1

56

How to solve AS based question

Accountancy

asked 6 hrs ago

How to solve AS based question ?should I learn it line to line?

latest answer

No answers yet!!

Atharv Sankliya

Atharv Sankliya

CA Inter

β˜… 3K+

0

13

Branch accounts (debtors method)

Accountancy

asked 7 hrs ago

In branch account that head office (HO)creates, we show liabilities given to branches on CR.side. the ques is why does HO gives its liabilities to the branch? why would branch be interested in taking HO's liabilities, if they are taking HO's assets that makes sense that they need it to operate, but why would they take liabilities and pay them off on behalf of HO?

latest answer

No answers yet!!

Garima Bhargav

Garima Bhargav

CA Inter

β˜… 185

0

13

AS 1

Accountancy

answered 7 hrs ago

Can someone explain this in simpler terms?

latest answer

This one too

Swetha S

Swetha S

CA Inter

β˜… 340

1

22

October 2022 Mock test Financial reporting

Financial Reporting

asked 9 hrs ago

Question 2 (b) An Indian entity, whose functional currency is rupees, USD denominated bond at its fair value of USD 1000. I want to know in video lecture whether this type of problem is solved. It will be helpful to me

latest answer

No answers yet!!

swaminathan sundaram

swaminathan sundaram

CA Final

β˜… 0

0

14

Audit report

Corporate & Other Laws

asked 10 hrs ago

The provision wrt this qsn has been attached No where it’s mentioned about REPORTING 1ST (highlighted) Pls explain just that part in the answer

latest answer

No answers yet!!

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

β˜… 10

0

18

Supplement audit report

Corporate & Other Laws

asked 12 hrs ago

Highlight meaning = Does that mean CAG can conduct supplement audit as many times ?

latest answer

No answers yet!!

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

β˜… 10

0

16

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