National holidays

answered on 22-Apr-23 13:02

List of national holidays applicable for NI act?

latest answer

No need to remember. Just take care of Republic, INdependence, May 1st, Oct 2nd.

Sugam SM

CA Inter

★ 9K+

2

222

Tax computation

answered on 21-Apr-23 20:00

How come the rate of the tax is 20% here, isn't it 5%?

latest answer

For Ltcg u/s112A in excess of 1 lakh 10%

Vijay K

CA Inter

★ 9K+

4

193

forex

answered on 21-Apr-23 17:34

illustration 54 why is the cost of funds only on upfront premium?

latest answer

because we are computing all inflows and outflows at a point in time and not over a period of time. SO if we are comparing various options over diff points in time, it does not make sense. All options should be for the same point in time. So if all other options are for the Future date and one option is for the present date. we will add cost of funds to the option which is computed for present date in order to make it comparable to other options which are for future date

nazriya nasar

CA Final

★ 7K+

1

215

Tax on virtual digital assets

answered on 22-Apr-23 10:24

Why Rebate under section 87A is not considered in this question

latest answer

What is the total income

Taranjot Kaur

CA Final

★ 1K+

2

160

Capital structure

answered on 21-Apr-23 17:36

In these levered sums. Can we stop at arbitrage process or should we have to write the alternate strategy?

latest answer

Arbitrage process is sufficient - if you have extra time, write alternate strategy

Naveen Vs

CA Inter

★ 470

1

183

validation time of registration

answered on 25-Apr-23 08:07

I registered myself in ICAI at 2018. by God's grace, got passed CA foundation on november 2020 , and now on December 2023. how many years , is my registration valid??

latest answer

5 years

Deborah Susaiyappan

CA Foundation

★ 8K+

5

207

Opportunity cost

answered on 22-Apr-23 11:07

If there is space having storage for materials. If suppose space had been rented out it would make income of 30000(rental). So now such opportunity cost can I deduct from my sales as OPPORTUNITY COST.

latest answer

yes

Saravana Perumal

CA Inter

★ 2K+

4

199

MTP

answered on 22-Apr-23 09:45

How is the amount of deduction found?

latest answer

The answer would be Rs. 4,08,800. mr.A can get deduction u/s 80CCD (1) up to limit of Rs. 1,79,400 and further deduction u/s 80CCD(1B) of Rs. 50,000. The employer's contribution is claimed u/s 80CCD(2) of Rs. 1,79,400. You can best refer to Illustration 4 from Study Material.

Sharon M Jacob

CA Inter

★ 1K+

2

164

Writing sections compulsory ? In law

answered on 23-Apr-23 14:15

Suggest me

latest answer

I suugest you not to stress yourself to learn section numbers.If ypu write the provisions well you will get good marks.pls do attempt full paper in exam.

Raghavendra Ganter

CA Inter

★ 5K+

6

475

Virtualisation

answered on 07-May-23 12:42

in the data recovery concept, is it possible to carry on the functions or recover the data if all the physical servers are damaged (because the servers are consolidated)?

latest answer

okay, understood. Thank you.

Bavana Ravi

CA Inter

★ 5K+

2

224