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Capacity to contract
answered 6 hrs ago
What is the provision and the conclusion of the given cases?
latest answer
What is the exact provision from Indian contract act 1872?
Adarsh Gudivada
CA Foundation
★ 24K+
3
49
AS-1
answered 1 day ago
As per AS-1 Disclosure of accounting policies' any change in an accounting policy can be called out under any of the three circumstances a) requirements of law / statute b) requirement of accounting standard c) for better presentation ,which has a material effect should be disclosed in the financial statements ,the AMT by which any item in the financial statements is affected by such change should also be disclosed to the extent ascertainable where such amount is not ascertainable, wholly or in part ,the fact should be indicated .Is this ok for the provision para for case based question related to AS-1 sir?
latest answer
Thank you sir
SREEABITHA SENTHILKUMAR
CA Inter
★ 295
2
36
AS 16 - Illustration 6 (May 2019)
answered 1 day ago
Can we assume that the specific loan has been utilized fully on 1st April itself, instead of assuming that it has been utilized proportionately throughout the year?
latest answer
Got it sir. Thank you so much.
Nivedha Balaji
CA Inter
★ 8K+
5
43
Answer for mcq
answered 1 day ago
What is the ans for this fir 3 rd ques
latest answer
Relevant doubt. Let's read once carefully: As per Sec 13 of Act, all legislations and regulations, unless there is anything repugnant in the subject or context- (1) Words importing the masculine gender shall be taken to include females, and (2) Words in singular shall include the plural and vice versa So, basically vice versa is for second sentence only
Sathiya Bama
CA Inter
★ 5K+
3
33
May ipcc 2021
answered 1 day ago
Sir what will be the expected date for may 2021 exam
latest answer
Depends on Corona Situation. Will have to wait to get clarity
Sajan Gangadharan
CA Inter
★ 2K+
1
38
Salary
answered 1 day ago
Telephone allowance is exempt allowance or taxable allowance which is provided by emplyer
latest answer
Telephone allowance is completely taxable
SAKTHI VIGNESH
CA Inter
★ 3K+
2
37
Law
answered 1 day ago
For this question SEC 22 is used in answer, but section 22 is for BoE promissory notes etc so why is SEC 22 used in case of a partnership deed?
latest answer
Yes sir thank you!
Priyanka Udeshi
CA Inter
★ 6K+
4
61
Warranty
answered 1 day ago
On products , we have warranties like 4 years ...is that the same warranty we studied in law , I.e , conditions n warranty chapter??
latest answer
yes
Reetikaa R
CA Foundation
★ 4K+
1
26
Law
answered 1 day ago
In this question 13(9) and (10) is used However in ICAI module these provisions are contained in points 10 and 11 why so? Which subsections are correct?
latest answer
To add onto above answer. Points in ICAI SM are not sub-sections. They are simply section broken down into points for understanding / presentation. Also, it's okay, if you just write - as per provisions contained in Section 13 of the Companies Act....
Priyanka Udeshi
CA Inter
★ 6K+
2
26
Gift / Other Income
answered 22 hrs ago
Income taxed in 2 times, For eg. Father earned income by way of salary and he pays tax on the same during the year and he gives some amount to his daughter as a gift. The entire amount is already taxed as salary. But the daughter is offered the same for taxation under income from other sources if the gift amount exceeds Rs.50000? That amount is already taxed by his father.?
latest answer
Yes, I understand. It's 2 person Income.
BALAMURALI UNNITHAN M S
CA Inter
★ 2K+
10
48
