MCQ

answered on 11-Jul-21 13:24

Whats the answer for 1.2 and how?

latest answer

Thank u so much

Likhitha Sivani

CA Inter

★ 14K+

5

398

Capital gains

answered on 11-Jul-21 08:41

Who are meant by non corporate non residents?

latest answer

It is a body corporate as defined under LLP act - https://legislative.gov.in/sites/default/files/The%20Limited%20Liability%20Partnership%20Act,%202008.pdf sec 2 (1) (d)

manideep martha

CA Final

★ 10K+

5

280

Query regarding inter exam

answered on 11-Jul-21 19:14

I have completed bcom and cpt. I wrote 3 times inter new exams. But didn't clear. I have completed ITT and Orientation. If I joined articles before 30th july 2021. Will I be able to attend inter exams in nov 2021 ?

latest answer

Yes

divya prasath

CA Inter

★ 5K+

1

320

Gst notes by Indigo learn

answered on 11-Jul-21 07:51

Sir,,,my attempt is in nov 2021 I want to follow GST NOTES provided in FREE RESOURCES.. Do they cover all the provisons which are there in ca inter syllabus. And in addition to that do I need to refer to any other thing ?? Please reply

latest answer

After watching IL videos and going through IL Notes, solve MCQs, RTPs, MTPs and past question papers

Sai Teja

CA Final

★ 14K+

1

286

Depreciation

answered on 11-Jul-21 00:05

In this question, assets are shown at NRV only when they are realized right .how come option b .QUES 4)

latest answer

I think.... When deposal of business as on pre- determined date or the date of disposal of business has well known in advance that time all assets are shown in Balance sheet at Net Realisable Value (NRV).

Reetikaa R

CA Inter

★ 7K+

1

263

Set off carry forward

answered on 10-Jul-21 23:00

MTP MARCH 21 : In the given sum, can I first adjust brought forward loss from speculative business 18000 and then adjust current year loss from speculative business 12000 against speculative income 25000 and carry forward balance loss 5000 to next year, ???

latest answer

No we should set of first current year loss then we should set off brought forward losses

kowselyaa G

CA Inter

★ 2K+

2

323

Agricultural Income and partial integration method

answered on 12-Jul-21 13:47

1. If there is ONLY agricultural income for an assessee, will the partial integration method still be applicable? Or the entire agri income is exempt? 2. If there is Agricultural income, income from STCG and LTCG resulting from listed securities, will the partial method be applicable? 3. If there is only agricultural income of more than >250000, should the assesee file the return of income?

latest answer

thanks for the clarification

John Selvaraj

CA Inter

★ 140

4

933

Set off carry forward

answered on 10-Jul-21 21:35

Whether 'Loss from card games ' can be set against any other income or carried forward ? Why

latest answer

No. it is related to betting gambling

kowselyaa G

CA Inter

★ 2K+

1

259

Residential status (Indian crew)

answered on 10-Jul-21 22:53

Sir , for calculation of no of days For indian crew member living india Date of entry and date of exit we won't include know sir.... But in Exam No Time specified can we include ? Or Time specified or not Don't include ?

latest answer

Can you share such question

M V Naresh

CA Final

★ 3K+

7

288

Partnership

answered on 11-Jul-21 05:12

In this below attached question z's loan is repaid or not and is it credited to cash acc and is it credited to partners cap acc and loan from Mrs x will be transferred to partners cap acc

latest answer

OK thank you so much for clarifying my doubt

Miradevi S

CA Final

★ 14K+

8

266