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Chap 1

Information Systems

answered on 08-Apr-23 08:25

In the first question, Why answer is d)treat the risk I thought the answer is a) transfer the risk.

latest answer

Risk of nonsupply is addressed by placing orders ect. so it is treated and not transferred to some other party

DIVYA S

DIVYA S

CA Final

52K+

1

193

Marginal costing

Costing

answered on 07-Apr-23 20:39

Is this question from marginal costing chapter?

latest answer

It is the question of Marginal Costing, covering topic of Limiting factor and Sale Mix. Questions of this type are excellent and often are seen in exam papers. Don't ignore

Pooja .

Pooja .

CA Inter

210

2

232

ITC

Indirect Taxation

answered on 09-Apr-23 13:04

Is ITC available on the repairs of laptop for the CA firm?

latest answer

Yes. If it is used in the course or furtherance of business.

Karthik Goura

Karthik Goura

CA Inter

255

2

169

Accounting Standards

Accountancy

answered on 07-Apr-23 17:56

Unlike Law, I've studied AS in a logical and simple manner without mugging up anything but the suggested answers seem a bit tough... they've answered like law. So can I explain AS in simple words in the exam to score marks?

latest answer

Okay sir Thank you!

Abishek M

Abishek M

CA Final

11K+

7

254

Sale or return basis

Accountancy

answered on 07-Apr-23 05:50

How that second entry will come. Only when sales is reversed that entry will come. But that remaining 80 goods is shown under inventory acc then why that second entry. Please anyone explain

latest answer

Tq bro for your clear explanation

Lathika

Lathika

CA Foundation

6K+

2

190

Way to Study EIS

Information Systems

answered on 25-May-23 19:41

Not able to mug up the portions, if having any strategy please help

latest answer

- Try to cover SM thoroughly. - For EIS, if not possible to cover entire book, you can cover MTPs, RTPs and PYQs.

vishnu kiran

vishnu kiran

CA Inter

9K+

12

302

Trading of shares - Taxbility

Direct Taxation

answered on 06-Apr-23 21:05

Under which head the income from trading of share is taxable capital gain or pgbp Note - here trading is not intraday trading

latest answer

Capital gains.

Atharv Sankliya

Atharv Sankliya

CA Inter

3K+

1

128

Depreciable assets - capital gain/loss

Direct Taxation

answered on 06-Apr-23 20:03

Why depreciable assets are treated only as short term gain or losses not as long term?

latest answer

Asset loses identity once included in a block

Atharv Sankliya

Atharv Sankliya

CA Inter

3K+

1

125

Partner provisions in pgbp

Direct Taxation

answered on 06-Apr-23 23:17

I need an explanation to this provision in simpler words...please do help me with this

latest answer

Thank you for the simplification its really helpful. 😊

Anirudh gupta

Anirudh gupta

CA Inter

26K+

2

180

Cost of Capital

Financial Management

answered on 07-Apr-23 18:37

1. In the following two questions, they asked for WACC and Marginal cost of capital, what is the difference between these two, look similar in computation?

latest answer

Thanks Sir

Prethivi Rajan

Prethivi Rajan

CA Final

9K+

3

201

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