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Exemption

Indirect Taxation

answered on 13-Aug-23 18:45

1.Is PSU a part of Govt entity..kya ye us definition me ayega 2.service by way of grant to CG SG against consideratuon from CG SG this exemption i couldn't understand

latest answer

Government entity is giving service.

Rakesh Saraf

Rakesh Saraf

CA Final

0

4

486

Individual modules

Others

answered on 12-Aug-23 09:19

Hello sir, When the Individual modules will be out sir., It will be very useful for us to refer back / go through the chapters we've left out.

latest answer

Okay sir 👍

Mohanraj S

Mohanraj S

CA Inter

3K+

2

403

BANKING COMPANIES

Accountancy

answered on 12-Aug-23 07:56

In the question interest and discounts acc has a credit balance but while making the ledger we've not carried down the balance of current year instead we transferred it to P&L .... Shdnt we carry it down to next year over here ???? Reference: Illustration 7, Page 8.82 of Module 3 of adv acs

latest answer

Interest and discount a/c. Will be tr to P&L acc

Neha Baliga

Neha Baliga

CA Inter

16K+

2

368

Deposit

Corporate & Other Laws

answered on 12-Aug-23 15:27

Acceptance of deposits by company

latest answer

Accepting deposits in a company typically involves complying with legal and regulatory requirements. These may include obtaining necessary licenses, adhering to interest rate limits, and ensuring proper documentation and disclosure to depositors

Poornima Mohan

Poornima Mohan

CA Inter

220

4

365

Mergers and Acquisitions

AFM

answered on 11-Aug-23 15:53

Sir in this question they haven’t said the P/E Ratio is same after the merger then how can we multiple the P/E ratio with EPS to find out the Market value post merger?

latest answer

Ok. If you do not consider the old pe ratio what do you want to use?

Swathi Krishna

Swathi Krishna

CA Final

8K+

1

546

Registration

Indirect Taxation

answered on 10-Aug-23 20:12

What is the meaning of persons engaged exclusively in supplying goods, services or both?

latest answer

Means such a persons deals both in goods and services. For services whether it us done exclusively or in combo with goods there will be no change in its threshold limit ie 20 lakhs. (G+S or S) When exclusive supply of goods are under taken then it would be 40lakhs.(G alone)

Ujwal Reddy

Ujwal Reddy

CA Inter

7K+

1

409

Difference

Information Systems

answered on 12-Aug-23 13:04

What is the difference between management information system ,data analytics, business intelligence Explain it in simple If possible give an example on 3 of them

latest answer

Management Information System (MIS): This is like a digital assistant for businesses. It helps managers by organizing and presenting data about their operations, so they can make informed decisions. For instance, a retail store might use MIS to track sales, inventory, and employee performance. Data Analytics: Think of this as a detective for data. It involves examining large sets of information to find patterns and insights. For example, a social media company could use data analytics to figure out what types of posts get the most likes and shares. Business Intelligence (BI): BI is like a smart mirror for a business. It reflects the current state of the business using data visualizations and reports. A hotel chain could use BI to show occupancy rates across its locations and compare them over time.

Nayani Agarwal

Nayani Agarwal

CA Inter

1K+

3

501

Device

Others

answered on 10-Aug-23 18:39

Sir i have purchased a course and was viwing it from the sanr phone. Howver now when i opened it no access is allowed. I havnt used anyotjer devices.

latest answer

Uninstall and reinstall

Sajan Gangadharan

Sajan Gangadharan

CA Final

9K+

1

431

80TTA and 80TTB - Interest on Fixed deposits

Direct Taxation

answered on 11-Aug-23 12:44

Greetings, I believe that 80TTA deduction cannot be claimed w.r.t interest from fixed deposits as the section says "other than time deposits" however, 80TTB in case of senior citizen can be claimed irrespective of the fact that the interest was from time deposit subject to 50k limit. Kindly confirm or correct me if I'm wrong.

latest answer

Thanks for the clarification mam.

Aswin Chandar

Aswin Chandar

CA Final

40K+

3

559

Exam form signature doubt

Exams

answered on 12-Aug-23 06:31

Can we change signature after submitting ca inter exam form ?

latest answer

No, you can't

sradha krishna sunil

sradha krishna sunil

CA Final

5K+

2

425