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Corporate & Other Laws

answered on 04-Apr-23 21:24

Mam in some provisions as per Act it is something and as per rules it would be something. Can we write directly what is the gist of it should we write as per Act this is the provision and as per rules this is the provision. For ex: Right shares offer validity is not less than 15 days or as may be prescribed but not exceeding 30 days. Can we directly write not less than 7 days but shall not exceed 30 days from date of offer. Kindly clarify

latest answer

Thanks mam.

Sugam SM

Sugam SM

CA Final

9K+

7

450

Capital gain

Direct Taxation

answered on 05-Apr-23 09:31

Plz explain point (iii) of given answer in simple words...it is ques.4 of module..chapter- capital gain

latest answer

Will do in future

Rifhat Khan

Rifhat Khan

CA Inter

28K+

5

455

Aggregate of income

Direct Taxation

answered on 06-Apr-23 14:03

In this q, is it Correct if I set off 50,000 loss from house property against capital gains? It’ll be more beneficial as the tax burden is reduced .then remaining 1.5 lakh I set off against salaries ..

latest answer

Thank u all for ur responses .. I’m clear now

SANSKRITI BADRI 2111339

SANSKRITI BADRI 2111339

CA Final

4K+

17

602

Investment decisions 10 th question

Financial Management

answered on 03-Apr-23 21:11

I question below the table initial stock of materials required before commencement of the processing operations is 60 lakhs at the start of year 1, Till here I have clarity The next point the stock levels of materials to be maintained at the end of year 1,2and 3 will be 165 lakhs Here remaining stock levels that is 105 lakhs is maintained at end of year 1,2and 3 right Then in answer it has shown all the 105 lakhs at end of year one only

latest answer

There will be cash outflow only in case of"Increase in working capital" there is no outflow of cash in case of maintenance coz if 165L is the opening stock of year 2 in case of even production the closing stock will be the same therefore no additional cash outflow is required.

Mr M

Mr M

CA Final

3K+

1

491

Appointment of auditors

Corporate & Other Laws

answered on 05-Apr-23 06:40

What is the answer to these questions?

latest answer

No issues

Punitha Krishnaraj

Punitha Krishnaraj

CA Final

5K+

9

495

NBFC

Accountancy

answered on 07-Apr-23 08:28

Can anyone explain me how the 14 lacs( Sub standard asset) was calculated?

latest answer

Thanks 😊

Ps v

Ps v

CA Final

16K+

3

425

Scholarship

Others

answered on 04-Apr-23 09:36

what are these orientation course and IT ?

latest answer

You can do articleship only if you complete both courses.

Vijay K

Vijay K

CA Inter

9K+

6

507

Scholarship

Others

answered on 04-Apr-23 07:41

Sir/mam, what does this active CA member space for?

latest answer

Okay sis, thank you

Vijay K

Vijay K

CA Inter

9K+

7

575

ITC eligibility

Indirect Taxation

answered on 03-Apr-23 15:56

Cleaning items,air freshner,garbage bag,glass coffee mugs,bowl,paper pin, carpet, umbrella- Purchased for business purposes, can we claim ITC in the above, if not for further sale ?

latest answer

Itc can be claimed in any item purchased solely for business purposes.

RaV in

RaV in

CA Inter

2K+

1

659

Inventories

Accountancy

answered on 03-Apr-23 13:50

Can anyone please explain why the bit of sales is reduced by 10000 though there is no mention of the 10000 amount at all

latest answer

Sorry guys my bad I did not considered the sales return aspect

Angry Toshniwal

Angry Toshniwal

CA Final

505

1

495