Forums
deb trustee
Corporate & Other Laws
asked 45 mins ago
"can't be deb trustee= who has furnished any gaurantee in respect of principal debts secured by the debentures or intrest thereon" meaning of this ? Maam pls correct where im wrong Sec71 = CO ISSUE DEB to deb hr in this point it said DEBTOR ISSUED DEBENTURE to Co as a security ? + the debtor also appointed a gaurantor ? n tht gaurantor can't be deb trustee ?
latest answer
No answers yet!!
Sushmita Chowdhury
CA Inter
★ 715
0
3
AS 20 MCQ
Accountancy
asked 1 hr ago
What is the solution of MCQ 1?
latest answer
No answers yet!!
Sagar Kathuria
CA Inter
★ 2K+
0
12
GENERAL CLAUSES ACT
Corporate & Other Laws
answered 4 hrs ago
What is the meaning of "previous publications " in law?
latest answer
1897
Dhivyaa Latha
CA Inter
★ 4K+
1
19
Holding subs
Corporate & Other Laws
answered 13 hrs ago
Co BLtd holding Co Altd Subsidiary Co CLtd So therefore ALtd is deemed subsidiary of CLtd DLtd is subsidiary of CLtd Like this continue till ZLtd Till till how much subsidiary will consider ALtd as deemed holding ?
latest answer
No such limit of layers of subsidiary specified in law
Sushmita Chowdhury
CA Inter
★ 715
1
17
194N withdrawal of cash from bank
Direct Taxation
answered 1 hr ago
Under 194N if withdraw more than 20L is subjected to TCS .so if an individual withdraws 10L per day for two times is TCS still applicable?
latest answer
There are 2 scenarios here: 1. if cash withdrawal amounts to more than 1cr. in PY only then TDS u/s 194N will apply. 2. In this case, the assessee has not returns for all 3 PYs then the above threshold limit of 1 cr. will come down to 20Lakhs for a PY. So even if the assessee withdraws 10L per day twice in a PY, this would still amount to 20L and hence it does not come under any of the two above conditions and TDS u/s 194N will not apply.
Gokul Nath
CA Inter
★ 0
1
34
Case scenario MCQ booklet ICAI
Financial Reporting
answered 15 hrs ago
Sir from where we can get Case scenario MCQ booklet, in icai website under new scheme it is not available, and bos also old scheme pdf available
latest answer
You can refer to specific books which are issued by specific teacher Just like there is a web site called CAINDIA where they provide all amended answers
R Yashwanth Kumar
CA Final
★ 71K+
1
28
Journal Entry at the time of Payment
Financial Reporting
answered 23 hrs ago
Sir, The journal entry at the time of payment is Bank A/c Dr 1,21,000 To Customer A/c 1,21,000. But in the video, it is appearing as Bank A/c Dr 1,21,000 To Interest 1,21,000 (Video Clip at 8:00) (1,10,000 * 10%)
latest answer
Will check. Thanks foe highlighting
Antara MuraliKrishnan
CA Final
★ 3K+
1
33
BRS
Accountancy
answered 15 hrs ago
Can we do rectification of errors in BRS
latest answer
It totally depends on the question whether rectification is required or not 👎🏻
Ornitha Shree U
CBSE XI
★ 0
2
23
BRS
Accountancy
answered 18 hrs ago
Why do everybody, even those who don't have a business get pass book? If bank is giving pass book to us why can't they make it look as per our books of accounts(debit for receipt and credit for payments)? Is there any legal use for BRS?
latest answer
when you withdraw money from bank For you its receipt, for bank its payment. Bank is giving statement/passbook as it appears in their book
Ornitha Shree U
CBSE XI
★ 0
1
17
Ca Final Subject Exemption
Others
answered 23 hrs ago
I got Exemption In AFM. I am going to give my attempt again in November. Then should I get 50 marks in each subject. Also There is the concept of permanent exemption. can someone please explain
latest answer
Thank you sir
M V Naresh
CA Final
★ 3K+
4
28