Forums
Illustration 10 pg no 1.81
Direct Taxation
answered on 02-Oct-23 09:57
Why is it computed so? The total income is greater than ₹700000 why in the solution have they used rebate? Is it similar to the concept of marginal relief?
latest answer
Yes
Soon to be CA
CA Inter
★ 4K+
8
385
Adv accounting adjustment doubt
Accountancy
answered on 04-Oct-23 16:18
3rd adjustment explain . Journal entry explain.
latest answer
for 75% value you would issue shares.
Revathy N
CA Final
★ 9K+
1
341
Auditor
Auditing
answered on 29-Sep-23 18:59
An auditor holds COP but he is not practising, can he join as an employee? Can an auditor hold COP, can he both practise as well as work as a part time employee or full time employee?
latest answer
Suppose any small business person approach the auditor who usually don't maintain accounts..based on the raw data given by them auditor prepares the accounts and sign on the same ..for the purpose of getting loan from a bank or any other such purpose
Soon to be CA
CA Inter
★ 4K+
11
453
Nov23 QP
Indirect Taxation
answered on 02-Oct-23 00:53
Is this exemption for "services provided to SG where the 75% or more borne by SG "is still there
latest answer
Yes it is.
Rifhat Khan
CA Inter
★ 28K+
3
453
VALUE OF SUPPLY
Indirect Taxation
answered on 02-Oct-23 09:22
Section 15 (2) (e) subsidy received by supplier(directly linked with price) CG/SG excluded from value of supply and other then CG/ SG included from value of supply. In past examination question,MTP,RTP in Subsidy part tricky... For example Subsidy received from NGO,directly linked to price [ included in the list price above) My answer I will be included in value of supply In book answer They ignored Any hint will there ? Or any format will there? Regarding how to solve Subsidy part..
latest answer
Thanks you so much sir...
Santhoshini N
CA Inter
★ 0
2
436
Exam preparation
Others
answered on 30-Sep-23 11:21
I'm starting from today watching class and read and revise ..possible to finish it by December 30 ...I'm CA foundation
latest answer
Yes 30 days is not a less time what important is the quality of study but not quantity of study focus more on amendments and the topics in which you have strength if you are a fresher If you're a repeated student,you can understand where you're lacking and focus on that areas
Sonia
CA Foundation
★ 0
9
509
Ratio analysis
Financial Management
answered on 28-Sep-23 20:27
Solve this problem of assign 10
latest answer
I got confused at this point to find CA/CL. Now it clarified. Thank you sir🙂
Renu Madhav
CA Inter
★ 16K+
3
405
Dividend decision
Financial Management
answered on 29-Sep-23 11:02
Can u plss say y growth rate is not adjusted for new dividend ??why 32 (1.06) is not done ? ( 2ND QUESTION )
latest answer
PLs GO ahead with 32 x ( 1.06) and solve
Reetikaa R
CA Final
★ 7K+
4
350
Preparation of final accounts of sole proprietor
Accountancy
answered on 29-Sep-23 22:15
Can anyone please tell me how 750 rs is calculated as the depreciation of furniture
latest answer
Thankyou guys 🙏🙏
Divinne Fiona
CA Inter
★ 9K+
3
689
Contract cost
Costing
answered on 05-Oct-23 14:26
Ultra Builders Ltd. has started a contract on 1st April 2021. The Trial balance as on 31st March 2022 showed the following balances: Particulars Dr. (3) Paid up share capital Cr. (7) Land and buildings 50,60,000 2, 5, 75000 Machinery at cost (85% at site) 3366000 39,60,000 Cash and bank 33,000 27,78,600 Materials at cost Creditors for materials 11,33,660 Direct wages 14.60.800 Site expenses 10,56,000 Vehicles Furniture Office equipment 12,00,000 32,560 Postage and Stationery Office expenses 6,88,600 Rates and taxes Fuel and power 28,160 Outstanding wages 9,30,600 Advance rates and taxes 1,540 2,21,200 2,19,29,860 2,19,29,860 The contract price is 2,00,00,000 and work certified is 280,00,000. The cost of work uncertified is 9,60,000. Machinery costing 1,60,000 was returned to stores at the end of the year. Stock of material at site on 31st March 2022 was of the value of 240,000. Depreciation on Machinery, Vehicles and furniture are 10%, 15% and 10% respectively. You are required to calculate the profit from the contract. Web results
latest answer
What is the doubt?
Sowmiga Chandrasekaran
CA Inter
★ 7K+
1
340