Forums
As5
Accountancy
answered on 20-Apr-22 17:21
Fire occured is extraordinary item Insurance claim received later is ordinary item or extraordinary item ?
latest answer
Extraordinary item.
Jaanu Jaanu
CA Final
★ 4K+
2
156
The Negotiable Instruments Act, 1881
Corporate & Other Laws
answered on 20-Apr-22 19:25
Sir, In the attached question of MTP 1 of May 2022, how the rate of interest in answer is 6%?
latest answer
Thankyou
Rinuja TK
CA Inter
★ 10K+
4
171
Company audit
Auditing
answered on 19-Apr-22 20:09
In rotation provision Amount prescribed for pvt co. PUC is 50 cr or 20 cr
latest answer
Ok thankyou
Priyanka Agrawal
CA Inter
★ 3K+
3
286
DEBT EQUITY RATIO IN BUYBACK OF SHARES
Accountancy
answered on 20-Apr-22 17:21
DEBT EQUITY RATIO = DEBT / EQUITY. Will all liabilities (including current liabilities like trade payables & provisions) be included in numerator or just short term and long term DEBTS
latest answer
Only debt is to be considered.
Ali S
CA Final
★ 4K+
2
277
Implications on private company
Auditing
answered on 19-Apr-22 22:47
What are the implications if private co. Is shown as Ltd in one of its invoices.. What and all the steps to be taken as an auditor in dealing with the same.?
latest answer
Thank you
Sanat Harwadekar
CA Inter
★ 3K+
3
181
Amalgamation of companies
Accountancy
answered on 18-Apr-22 20:12
Why in this sum pc is calculated on net assets method
latest answer
Thank you sir
Miradevi S
CA Final
★ 14K+
2
182
Loss due to liquidation
Accountancy
answered on 18-Apr-22 19:55
In this problem they calculated loss as 59lakhs but how did that came !
latest answer
Thank you
Kumar G
CA Final
★ 12K+
2
181
Income from ho
Direct Taxation
answered on 27-Apr-22 19:45
If the property is vacant for a whole year& it is not self-occupied since already 2 propert has been considered as self-occupied then GAV is NIL due to actul rent is less than ER since owing to loss of vaccancy
latest answer
Third house property is treated as deemed let out property. 1. Calculate reasonable expected rent. 2. Actual rent is NIL. Actual rent is less than reasonably expected rent not because of vacancy. Because, even though the property is not vacant, actual rent is zero as it is self occupied. So, in this situation, take reasonably expected rent as GAV. If let out property is vacant (not because of deemed let out) for whole year, then take GAV as Zero.
Sumita Shah
CA Inter
★ 2K+
7
171
MTP
Exams
answered on 19-Apr-22 16:18
Whether MTP released for may22 ? For me , icai website shows only nov 21 MTP both series
latest answer
Welcome
Sathiya Bama
CA Final
★ 23K+
15
268
Income from hp
Direct Taxation
answered on 19-Apr-22 10:19
What is the meaning of point(b)
latest answer
Owner does not only mean legal owner. It can be beneficial owner also. List of beneficial owners are given in Section 27.
Sumita Shah
CA Inter
★ 2K+
3
193