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SEC(39) allotment of securities

Corporate & Other Laws

answered on 02-Mar-22 14:42

what is the time limit to allot the shares to applicants of the securities?

latest answer

Both. For private placement 60 days is mentioned in Sec 42 itself

kumar raja IND

CA Inter

★ 715

159

Wcm

Financial Management

answered on 02-Mar-22 16:45

In this question in computation of debtors why they have considered cost of sales instead of sales?. I think it is total approach....it could have been taken cost of sales...of it would have been cash cost approach.

latest answer

Ideally should be eliminated.

Star Ca

CA Inter

★ 3K+

242

Difference between stock and share

Corporate & Other Laws

answered on 03-Mar-22 22:51

What is the Difference between stock and share

latest answer

Can u understand 1st point...? i.e., Share is the single unit and stock is the bundle of shares.

nisam M

CA Final

★ 23K+

244

General

Others

answered on 13-Mar-22 13:23

Respected sir/Mam will you conduct test for group 1 ca inter alone for may 2022 examination

latest answer

Your question is not clear.

Chandramouli A

CA Inter

★ 720

246

Keynes theory

Economics

answered on 04-Mar-22 17:48

What is the mean of highlighted part what is the reason of that MPC high in under develop country?

latest answer

Generally - At low-income levels, an increase in income is likely to see a high MPC. This is because people on low incomes have many goods/services they need to buy. On the other hand, at higher income levels, people tend to have a greater preference to save because they have most goods they need already

Sumita Shah

CA Inter

★ 2K+

216

Perquisites

Direct Taxation

answered on 01-Mar-22 18:28

Gift worth 2000 given to employee Gift worth 2000 is given to his wife Gift worth 2000 in given to his child By the employer Will it be treated as perquisite

latest answer

Total Rs. 6,000 is taxable.

Ashfaq Ahmed

CA Final

★ 24K+

209

Perquisires

Direct Taxation

answered on 02-Mar-22 10:37

Which view should i consider What amount has to be included in the computation 1200 Ã? 12 = 14400 Or 200 Ã? 12 = 2400

latest answer

Include entire amount and mention your view in exam. If cost does not exceed Rs. 1,000 - not a perquisite. If cost exceeds Rs. 1,000 - Entire amount is a perquisite

Ashfaq Ahmed

CA Final

★ 24K+

193

Indian Contract act

Corporate & Other Laws

answered on 02-Mar-22 13:06

What is meant by contract to contrary? Pls With examples?

latest answer

Contrary means something different. Let's understand with help of following provision: In the absence of any contract to the contrary, the death of surety operates as a revocation of a continuing guarantee as to the future transactions taking place after the death of surety. So here it means in case there was some contract made which said something different like even after death of surety for 6 months, gurantee shall remain active, - then this provision will be followed. Otherwise, death of surety operates as a revocation of a continuing guarantee as to the future transactions taking place after the death of surety.