McQ

answered on 29-Apr-21 18:37

Can I get solved *Answer* booklet for MCQ given by icai.

latest answer

Sure sir.thankyou sir..!!

Sathiya Bama

CA Final

★ 23K+

2

389

Salaries , motor car facility (specified employee)

answered on 29-Apr-21 10:36

My doubt is asked in the attachment, please look into it

latest answer

If a car is owned or hired by the employer and expenses met by the employee, nothing is deductible in respect of any amount recovered from employee, if it is both for personal and official purpose.

KIRAN C

CA Inter

★ 4K+

1

303

PGBP

answered on 29-Apr-21 08:48

What is the rate of additional depreciation in notified backward areas ? 25% or 35%

latest answer

Thankyou.

Shinju Sosa

CA Inter

★ 3K+

3

352

Allotment

answered on 29-Apr-21 18:33

In case of public offer what time limit for allotment of securities

latest answer

No time period mentioned as such. Practically, it's done after 1 -3 weeks. In majority cases, after 1 week itself

Prakash Uday

CA Inter

★ 760

1

330

Interest and Finance Charges

answered on 29-Apr-21 10:23

What should be done? Should interest and Finance Charges be included as per last line in highlighted statement in cost of sales or their is specific criteria or it's only for theory purpose

latest answer

We add Interest and Finance charges to the cost of sales only if the amount is specifically taken to support the sales. In general, interest and finance charges are not considered in cost statement.

Toshik Bhajanka

CA Inter

★ 520

2

323

Consignment

answered on 29-Apr-21 00:22

How to compute 9 th question

latest answer

See this , hope u will understand

siva chaitanya

CA Final

★ 8K+

6

378

Cost of capital

answered on 29-Apr-21 07:54

How to calculate explicit cost of debt?

latest answer

We have to calculate explicit cost of debt by using IRR method. Ref. Page 4.33 of ICAI material. Chapter name: Cost of capital

Divya N

CA Final

★ 0

1

365

Doubt on amalgamation, conversion & sale of partnership firm

answered on 29-Apr-21 12:21

I have a doubt in chapter 'amalgamation, conversion & sale of partnership firm'. The illustration 1 and practical question 1 in study material is a similar question, but in illustration 1 we had opened revaluation account as a part of working note but in practical question 1 we had opened realisation account as a part of working note. Why there is a difference. And the goodwill adjustment is also different from each other , why is it so.

latest answer

Ok sir. Thank you

Nihal K

CA Final

★ 440

4

354

AS 2

answered on 28-Apr-21 17:09

Sir, I am studying CA Intermediate group 1. What is the answer for the attached question? In the video, I can't understand that clearly... That question was discussed in Video no.13 of AS 2

latest answer

Ok sir

ALDRIN G

CA Inter

★ 12K+

2

338

Reversing the Input Tax credit in the ground of opting to composition scheme.

answered on 29-Apr-21 08:54

In composition scheme, when we are enter into the scheme from normal registered person under gst we have to reverse the input tax credit availed on inputs HELD ......so that means we didnot reverse the credit availed on inputs which was sold???

latest answer

Ok sir Thank you

Pancha G

CA Inter

★ 350

2

369