Capital Gains

answered on 02-Dec-21 09:45

Ans

latest answer

This is how to compute tax liability under capital gains when there is deficiency Such deficiency is adjusted to capital gains

Sathish Gupta

CA Inter

★ 765

9

262

Goodwill help me

answered on 30-Nov-21 06:33

In partnership treatment of Goodwill inside the balancesheet in partners capital account

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Thanks bro

Dhakshana Dhakshana

CA Inter

★ 18K+

9

210

Omsm -simulation research

answered on 04-Dec-21 11:49

Illustration 17 how to calculate option A ( opening stock , ordrd quantity receipt ,closing stock ) same option b also

latest answer

use cumulative probability and assing random no.s to take demand

Raashi 14

CMA Inter

★ 330

1

206

M3

answered on 30-Nov-21 19:23

Why deposits with savings bank is taken while calculating m3? How it can be included in time deposits with banking system?

latest answer

Yes

Rocky Girl .:.

CA Inter

★ 195

6

213

Ch4

answered on 30-Nov-21 12:40

Can anyone explain me this mcq

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No problem

Soumya A

CA Inter

★ 20K+

9

236

Hire Purchase sales

answered on 29-Nov-21 20:49

Sir how this figure (â?¹57,300) got?? (illustration 8)

latest answer

Bad handwriting. The balance in vendor account after repossession is is rupees 57300. And it paid after

Bismi Hameed

CA Inter

★ 7K+

3

195

Page 8.58 que no 10, module 3 income tax

answered on 29-Nov-21 20:33

Here the basic exemption limit of 250000 is already exhausted to the extent of 31000 (salary+Hp) then the unexhausted should be 2,19,000 why they have taken 250000 as unexhausted

latest answer

For the purpose of chapter VI A deductions, gross total income does not include special incomes like 111A, 112,112A and casual income . So 80 C deductions reduced from the other incomes (salary+house property) Then we get total income (Heads of income- VI A deductions)ie in this case 350000 For a resident unexhausted basic exemption can be reduced from 111A,112,112 A income . Hence form the 3.5lakhs reduced 2.5 lakhs unexhausted basic exemption limit 3.5- 2.5 100000 Tax calculation on 100000 which is being 111A income @15 percentage

Gauri Shete

CA Final

★ 4K+

1

197

Theory of Demand and Supply

answered on 29-Nov-21 19:00

Which will be the right option ? Sir please reply.

latest answer

D

Aditya Birla

CBSE XI

★ 4K+

2

230

House property

answered on 02-Dec-21 07:36

Can municipal tax due be reduced from gross annual value?

latest answer

Municipal tax is to be deducted only on paid basis. Means amount actually paid by the assessee is to be deducted

Pushkala S

CA Inter

★ 3K+

3

226

Employee contribution to RPF ( perquisite)

answered on 30-Nov-21 17:29

Any deduction available u/s 80 C? For these 750000 ?

latest answer

Anything in excess of Rs. 7,50,000 is a perquisite in the hands of employee

I aM DeV

CA Inter

★ 4K+

2

214