MCQ doubt of Nov 20RTP

answered on 15-Nov-20 17:04

Any one plz tell how to solve this MCQ Answer is option b but I can't able to get it. How to do calucation ?

latest answer

Kk sir thank you

baranitharan b

CA Final

★ 21K+

2

378

CAPITAL GAIN MCQ QUESTION

answered on 13-Nov-20 09:11

Pls help me to solve this question releated to long term capital gain

latest answer

forfieture amount will be reduced from cost.

Akash Konnur

CA Inter

★ 3K+

1

460

May 21

answered on 13-Nov-20 10:53

Can I get the book instead of pdf as pdf is very difficult in studying. When May 21 direct tax lecturers are available sir?

latest answer

We will announce the price as we launch

Vijay Ramesh

CA Final

★ 765

3

411

Rtp may 20

answered on 10-Nov-20 20:19

Quesrion 13 How is sister in law not a relative ? Relative includes brother or sister of the spouse of the individual rite

latest answer

K thax sir

Swathi Krishna

CA Final

★ 8K+

10

540

Statutory updates

answered on 10-Nov-20 12:39

Sir, where is this covered in the modules?

latest answer

The amendments by Finance Act are covered in respective modules.

Swathi Krishna

CA Final

★ 8K+

1

394

IFOS

answered on 09-Nov-20 20:10

Is sister in law of individual comes under relative?

latest answer

Yes

sabarish s

CA Inter

★ 2K+

1

411

Deduction

answered on 09-Nov-20 18:12

Y is it restricted to 1.65lacs

latest answer

You cannot claim deduction from lottrey income.

Shruthi V

CA Inter

★ 0

3

387

Presumptive Taxation- Treatment of Partnership Incomes in Hands of partners

answered on 05-Nov-20 11:17

A partnership firm that has been allowed presumptive taxation- Will it be allowed to pay salaries and interest on capital to the extent permissible under Income Tax Act, 1961? And will any excess paid (For example; Interest on Capital paid at 15% i.e. 3% more than the limit of 12%) be taxable in the hands of the partner? (The usual treatment is that appropriation would be disallowed and included in income of firm)?

latest answer

Any deduction allowable under the provisions of sections 30 to 38 shall, for the purposes of sub-section (1), be deemed to have been already given full effect to and no further deduction under those sections shall be allowed. There is no taxability of excess interest paid.

Suraj Narayanan

Qualified CA

★ 7K+

1

415

Money debited

answered on 04-Nov-20 08:53

For buying income tax class 9 and 10 I had paid 250 rupees and it is credited from my bank account I had used the UPA mode of Google pay and after that in indigolearn showing the status as transaction is failed you please make me available that class as soon as possible

latest answer

Thanks for fast reply

Hafsath mc

CA Inter

★ 10K+

2

412

Capital gains

answered on 04-Nov-20 08:02

Is it 1/4/2014 or 2015 sir..

latest answer

Ok sir

Shruthi V

CA Inter

★ 0

4

476