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Accountancy
answered on 19-Sep-20 14:36
What is anticipation of profit in given problem
latest answer
Drawings are of two types I) Drawings out of profits II) Drawings out of capital Drawings out of profits do not effect capital invested. Because profit is the surplus earned by investing capital in the business.
sai t
CA Foundation
★ 2K+
4
390
Income tax assessment for the year 2019 20 include in cost sheet?
Costing
answered on 17-Sep-20 16:02
It is included in exploring nov2020
latest answer
Your query is not clear.
Preetham Pai
CA Inter
★ 400
1
365
Income from house property-Problem4
Direct Taxation
answered on 17-Sep-20 17:50
It is given deduction claimed was rs 7000. Then why he should pay tax on 70 percent of 8000
latest answer
Deduction claimed earlier does not matter. What matters is what is the amount collected now.
sk achyuth
CA Inter
★ 16K+
5
380
Retirement of Partner
Accountancy
answered on 19-Sep-20 08:49
Sir this is the journal entry of Page 8.91 Illustration 3 I want to know how is the fixtures account is being calculated
latest answer
Create a revaluation account. And solve the problem. Book value - 8,200 Agreed value - 10.980 Increase by 2,780 Dr Fixture 2780 Cr Revaluation Account.
Sampath B
CA Final
★ 21K+
5
434
Deduction under Section 16(iii)
Direct Taxation
answered on 17-Sep-20 17:49
When a assessee has 2 salaries, pension from employer-1 and salary from employer-2, will the assessee get deduction u/s 16(iii) for professional tax deducted by employer-2?
latest answer
Overall limit 2,500
sundesh kumar
CA Inter
★ 7K+
3
423
Composition
Indirect Taxation
answered on 17-Sep-20 13:32
Sir,As per Second proviso to Section 10 If the person who like to opt for composition scheme,is not doing any specified services like Restaurant services or trading and manufacturing,Can he opt for composition only by doing othr services whatever,Let say interior designer like you told?
latest answer
Sorry,I got the clarification after watching enire lecture by sir, Thankyou sir
No More exist
CA Inter
★ 24K+
1
449
Cag
Auditing
answered on 19-Sep-20 10:36
Do C & AG have power to inspect Non gov companies under CA 2013?
latest answer
No
Rakesh Prabhu
CA Final
★ 2K+
2
415
Ca foundation
Accountancy
answered on 17-Sep-20 11:49
Partnership account Admission of partnership Illustration 2 is solved 3 times's why?
latest answer
Illustration 2 as per ICAI or our modules? Can you share screenshot where it is solved 3 times? There could be slight variations or different way of approaching the same problem.
Vaibhav Salgare
CA Inter
★ 8K+
1
364
Individual moules
Accountancy
answered on 19-Sep-20 14:09
Sir pls add partnership chapter video for accountancy old syllabus in individual modules sir.
latest answer
It is available in foundation - please buy from there - the syllabus is shifted to foundation in new syllabus
kamali j
CA Inter
★ 280
5
381
How to read
Others
answered on 17-Sep-20 11:50
Just a small doubt am a going to appear in may 21 exam whether seeing lecture and during lecture taking notes will help us or seeing lectures and reading with notes and resources u have given in app will be useful just confused help me out pls for better preparation
latest answer
Follow videos + notes + past exam questions + RTP/MTP
shree hari
CA Inter
★ 0
1
366