Investment accounts

answered on 13-Sep-21 17:25

Interim Dividend can't be pre acquisition dividend True or false???

latest answer

True

Lalit Sanpal

CA Final

★ 6K+

3

305

Joint and several liability

answered on 12-Sep-21 22:59

Pls illustrate the above this with a simple example

latest answer

Where two or more persons are liable in respect of the same liability, in most common law legal systems they may either be: jointly liable, or severally liable, or jointly and severally liable.

Sibi Srinivasan

CA Inter

★ 22K+

1

291

Residential status & scope of TI

answered on 13-Sep-21 15:35

A person (Resident ) borrowed money from a Non resident . And The resident applied the money in india for the purpose other then Business/profession .When the Resident will pay interest to the Non resident Then Will the Intrest be taxable in the hands of Non resident ?

latest answer

Ok sir . Got it

Chandan Subudhi

CA Final

★ 12K+

4

286

Residential statistical and scope of TI

answered on 14-Sep-21 14:36

A person who is an employee in a USA company . He renders service there and also recieve salary there but the company is controlled from India . So then what will be the incidence of tax If the person is RNOR and if the person is NR ??

latest answer

Salary is accrued based on place of service. Hence it is not taxable in the hands of non resident and Resident not ordinarily resident

Chandan Subudhi

CA Final

★ 12K+

3

343

Sec.15

answered on 13-Sep-21 10:32

If in the question, nothing says about -Salary is due / neither received. How is taxable salary calculated?

latest answer

It is assumed that salary becomes due and to be taxed. Generally it will be given in the question

Balamurali Unnithan M S

CA Inter

★ 3K+

1

272

Sec.54G & Sec.54GA

answered on 14-Sep-21 10:51

Do these sections say about the shifting of the industrial undertaking and capital gain? How capital again arises from shifting of assets?

latest answer

Capital gain arises on transfer of a capital asset, being machinery or plant or building or land or any rights in building or land used for the purposes of the business of an industrial undertaking situate in an urban area

Balamurali Unnithan M S

CA Inter

★ 3K+

5

277

Business cycles

answered on 14-Sep-21 11:00

What is the meaning of the below sentence

latest answer

The bust phase is the contraction phase in the business cycle. As stock prices fall, everyone loses confidence in the state of the economy. When investors donâ??t feel confident about the future outlook, they pull out their investments. They cut back on business activities such as purchasing, hiring, and investing.

Soumya A

CA Inter

★ 20K+

2

300

Articleship

answered on 13-Sep-21 17:28

Can a student of icai do articles in abroad If so what is the procedure

latest answer

Actual procedure bro whatever you do for doing articleship in india

Deepak Thinu

CA Inter

★ 2K+

2

306

Permutations

answered on 12-Sep-21 12:37

It was given in the video that the answer is 480. But it should be 120-4 = 116. Can anyone please tell what is the correct answer.

latest answer

Thank you so much

ADISHRI k KAMAT

CA Inter

★ 70

3

314

Marking pattern

answered on 12-Sep-21 14:52

How many marks do I get if write correct side headings in subjects like eis/sm but matter inside is just general explanation without any technical/key words.. Do I get zero??

latest answer

May be 1-2 out of 5-6 marks

Sai Teja

CA Final

★ 14K+

1

324