Partnership

answered on 17-Feb-22 12:48

What is the difference between Insolvency and Bankruptcy?

latest answer

Insolvency is a state where assets are insufficient to meet the liabilities. If it remains for long, it leads to bankruptcy i.e. legal process or order

Gobi k

CA Inter

★ 11K+

1

165

Company law doubt

answered on 17-Feb-22 10:02

Sir is it necessary to file MGT 14 for board resolution for purchase of land by a private company??

latest answer

Ok..thank you mam

Varshini Pandiarajan

CA Final

★ 30

2

187

Mcq??

answered on 17-Feb-22 12:32

What is the ans for 4th Q. .......which was given in below image..... And tell me the logic also pls...anyone.......

latest answer

Answer is conservatism i.e., we should not anticipate any future income however we should provide for all possible losses. 'Cost or market price whichever is lowerâ?? originated from this concept.

Balachandar S

CA Inter

★ 59K+

4

181

partnership - highest relative capital method

answered on 18-Feb-22 16:43

if we have the partner's capital and the current account how do we proceed with the sum? do we take the capital to start the working or do we use the current account for the method

latest answer

You would arrive at closing balance after transferring the current account balance to the capital account.

Isabel Kingston

CA Inter

★ 5K+

1

242

BCR

answered on 16-Feb-22 16:16

sir /Mam ........ in paper 2 bck how to study ......like which topics should we cover means we will able to get more marks........... because i donot know much more grammar in that part ...........can you give any tips for me..........pls

latest answer

Ok bro

Bala Chandar

CA Foundation

★ 5K+

5

180

Results date

answered on 16-Feb-22 14:55

When is CA intermediate result expected to be declared?

latest answer

Hopefully 19th / 20th. Let's wait for ICAI notification.

Pushkala S

CA Inter

★ 3K+

1

224

Registration

answered on 16-Feb-22 12:21

Why I can't get cource registration option?

latest answer

Not sure. check with icai helpdesk. Some websites are not optimised for mobiles. Better do this on deskptop / laptop browser

Sumita Shah

CA Inter

★ 2K+

2

167

Education allowance for employee for his/her own study

answered on 16-Feb-22 10:40

It is taxable or exempt.?

latest answer

Taxable

yaswanth v

CMA Inter

★ 2K+

1

170

Business Trust

answered on 16-Feb-22 17:18

Rental Income received by Real estate investment trust (REIT) is exempt to business trust and would be taxable in the hands of Unit holders. In case of Infrastructure investment trust (IIT) , if any rental income is received it would be taxable under MMR @42.744% and the same would be exempt to unit holders. Is the IIT part correct?

latest answer

Yes.

Saniya Mary Stanly

CA Final

★ 10

1

196

MCQS

answered on 08-Apr-22 08:47

Is the mcqs given in the audit and assurance for the inter good revision of the a final audit?

latest answer

Yes they are relevant for CA final too

Swathi Krishna

CA Final

★ 8K+

3

203