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Threshold limits

Indirect Taxation

answered on 30-Jan-23 18:48

All threshold limits under registration are they for one month or entire year? Also aggregate turnover threshold limit is for month or year?

latest answer

thank u sir

Harshitha Kalidindi

Harshitha Kalidindi

CA Inter

45K+

3

185

Rule 3(7)(i)

Direct Taxation

answered on 30-Jan-23 15:45

Provisio to 3(7)(i) Aggregate of loan of 20000 is it only for medical purposes other than specified diseases(as that is not perquisite) or such 20000 can be used for any other purposes. Also such amt is for whole year or monthly as we receive monthly salary.

latest answer

upto 20,000 aggregate, petty loans - no perquisite.

Sugam SM

Sugam SM

CA Inter

9K+

2

145

Rule 3(7)

Direct Taxation

answered on 30-Jan-23 15:49

When this loan is treated as personal loan. What would be the interest rate ? Differential or only SBI rate?

latest answer

Thanks a lot

Sugam SM

Sugam SM

CA Inter

9K+

5

153

Accounts

Accountancy

answered on 31-Jan-23 08:18

What is meant by stock in trade

latest answer

stock in trade means the finished goods which are ready to be sold in the business and not meant for the own consumption

Krishnan K

Krishnan K

CA Inter

5K+

5

159

Profit prior to incorporation

Accountancy

answered on 31-Jan-23 08:50

Interpretation i want

latest answer

hi it will be very helpful to you if draw the timeline and plot the information given (this will not form part of your main answer)

A M K

A M K

CA Inter

2K+

7

236

Fair market value

Direct Taxation

answered on 31-Jan-23 12:00

Is it closing rate of previous day?

latest answer

Yes ,and we can also take the avg price as mentioned

Sugam SM

Sugam SM

CA Inter

9K+

2

203

Ca foundation

Exams

answered on 31-Jan-23 11:45

When will the results be released ?

latest answer

Recent Tweet from CCM

Aparna PBSS

Aparna PBSS

CA Inter

8K+

11

244

IND AS 16-ICAI MATERIAL ILLUSTRATION 12

Financial Reporting

answered on 30-Jan-23 15:09

In ICAI material illustration 12, i didn't understand the reason for difference in cost of factory and depreciable amt of factory

latest answer

Its helped. Thankyou

nazriya nasar

nazriya nasar

CA Final

7K+

5

241

Amalgamation

Accountancy

answered on 14-Feb-23 07:39

Illustration 8 Is the new debentures issued at discount or the old debentures discharged at discount?

latest answer

Yes only 95% will be given when new company settles it

Angel Maria Varghese

Angel Maria Varghese

CA Final

8K+

11

160

Subscription due is liability

Exams

answered on 31-Jan-23 12:54

Yes no

latest answer

Subscription due is an Accrued Income. So it is a Asset. Share the question...

R K

R K

ACCA Skill

9K+

9

238

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