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NBFC

Accountancy

answered on 23-Mar-22 19:40

What the treatment of 220 lakh surplus arising out of sale of building

latest answer

Ok

Krishna kumar

Krishna kumar

CA Final

9K+

5

222

Stock audit report

Auditing

answered on 23-Mar-22 19:41

Incase of Consortium of working capital.. Other banks wants to obtain stock audit report from lead bank ...when their funded exposure exceeds 5crs.. Whether 5crs criteria is applied individually advanced to borrower by other banks or applied totally of all banks advanced under Consortium?! Plz anyone clarify.

latest answer

Tq

Sajeetha R

Sajeetha R

CA Final

45K+

2

229

Exception to sec 67 - Private companies

Corporate & Other Laws

answered on 26-Mar-22 12:00

Whether this exception is for buying its own share alone or for giving financial assistance also?

latest answer

Section 67 is about "Restrictions on Purchase by Company or Giving of Loans by it for Purchase of its Shares" so the exemption is for both

Nivedha Balaji

Nivedha Balaji

CA Inter

9K+

3

181

IS ITC AVAILABLE ON TAPS, PIPES AND OTHER SANITARY FITTINGS PURCHASED FOR IMMOVABLE PROPERTY

Indirect Taxation

answered on 24-Mar-22 11:50

Dear Team, The attached question didn't take ITC on taps, pipes and other sanitary fittings purchased for 3BHK flats. Is it blocked under 17(5) since used for self construction of immovable property? answer as per the pdf is option B

latest answer

In general, ITC is blocked related to goods or services for construction of immovable property ð???

THE GAMESMASHER 8242

THE GAMESMASHER 8242

CA Final

340

3

397

Capital Gains

Direct Taxation

answered on 23-Mar-22 19:34

For what kind of share indexation benefit can be availed? Is it available only for unquotes shares?

latest answer

As per sec 112A listed equity shares are taxable at 10 % in excess of 1 lakh without benifit of indexation

Ashfaq Ahmed

Ashfaq Ahmed

CA Final

24K+

4

197

Test Series??

Others

answered on 19-Jun-22 00:39

Is there any use if we buy CA Foundation test Series??

latest answer

Speed up skills

Sadhvi

Sadhvi

CA Inter

8K+

5

242

Insurance claims

Accountancy

answered on 23-Mar-22 22:06

In this how to treat 2nd adj And whether we have to take gp as same amt or what

latest answer

Thank you ð???

Pandu Sml

Pandu Sml

CA Inter

4K+

17

233

OPC related query

Corporate & Other Laws

answered on 24-Mar-22 10:25

1. If a nominee is given 182 days to recitfy his position if he was appointed as a nominee of 2 OPC companies, and if both members of the OPC become incapacitated, how will the nominee situation be solved? 2. Why can't an OPC invest in a Non Banking Financial Investment?

latest answer

2.suncr that is stated in law .

Kishore Anil

Kishore Anil

CA Inter

2K+

2

187

Related to course

Accountancy

answered on 23-Mar-22 11:40

Is it possible to buy AS alone?

latest answer

Email us at support@indigolearn.com

krithika K

krithika K

CA Inter

12K+

3

188

Agricultural income

Direct Taxation

answered on 23-Mar-22 12:43

1.salary / interest recived as a partner from tea manufacturjng firm is it agricultural income. 2.inxome derived from lease of land for grazibg of cattle required for agricultural operations. Is it agricultural income

latest answer

only 60 percent is agricultural income

Shru Kanda

Shru Kanda

CA Inter

610

6

207

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