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Exemption related to CG is so confusing
Indirect Taxation
answered on 27-Mar-23 14:54
As per Supplementary paper, services provided by CG sg local authority to business entity excluding post aircraft and Transportation is covered in RCM as well as exemption. Kindly advise me how to get clarity..
latest answer
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Rathi Vigneshwari
CA Final
★ 14K+
5
418
IND AS 116 - Illus 32
Financial Reporting
answered on 14-Mar-23 06:39
Hi sir I have query in Ilus 32 where we have taken reimbursement by lessor for IDC as lease incentive and reduced from ROU Asset calculation but they same is not reduced in lease liability calculation Why so?? Kindly correct me if my understanding is wrong We are not reducing it from lease liability because it relates to Indirect costs
latest answer
Understood Thanks 👍
Barani Tharan
CA Final
★ 112K+
7
501
Can cross cheack icai material or I only follow which given by indigolearn notes or I follow notes indigolearn and solved all question of icai material for 1 st time
Direct Taxation
answered on 12-Mar-23 16:30
H
latest answer
Since you are not watching our lectures, refer to ICAI material as well.
R K
ACCA Skill
★ 9K+
6
530
Section 66(8) - Chapter 4
Corporate & Other Laws
answered on 11-Mar-23 22:04
What is the meaning of creditor is entitled to object but was not included in the list of creditors in section 66(8)??
latest answer
When company goes for reduction of share capital,they should send creditors list to tribunal and the tribunal will send notice of the proceedings to creditors.but if the company forgets the creditors name in that list,then the company will be liable as if the reduction has not happened
Neha Baliga
CA Inter
★ 16K+
3
376
Chapter 4: Section 66(7)
Corporate & Other Laws
answered on 11-Mar-23 01:00
Can anyone pls explain this section A member of the company, past or present, shall not be liable to any call or contribution in respect of any share held by him exceeding the amount of difference,if any, between the amount paid on the share, or reduced amount, if any ,which is deemed to have been paid thereon, as the case may be, and the amount of the share as fixed by the order of reduction.
latest answer
This section says that liability of a member in respect of calls or contributions made before the reduction of share capital shall continue as if the reduction had not taken place. This means that any unpaid calls or contributions made by a member before the reduction in share capital will still be due and payable even after the reduction...
Neha Baliga
CA Inter
★ 16K+
1
380
ICITSS
Others
answered on 10-Mar-23 23:12
I have already registered for ICITSS and I have submitted the said documents through mail..My class is going to start by 16th March but still my status shows awaiting approval..Will they send any confirmation mail?
latest answer
It's showing the same for me also if you received confirmation mail from BOS , then it's fine. Or elso you can contact the centre where you have registered
Priya Ravi
CA Inter
★ 55K+
2
490
Investment Decision
Financial Management
answered on 10-Mar-23 20:34
In Nov18 RTP question. The incremental terminal cash flow has been calculated 250000-35000=215000 But in the class, the incremental terminal cash flow is calculated. 250000-21000= 229000 I.e. 35000-Tax on gain(14000) What are we supposed to follow?
latest answer
Thank you so much sir.
Angel Maria Varghese
CA Final
★ 9K+
6
481
Marginal cost ill 18
Costing
answered on 10-Mar-23 16:23
So here contribution is 3 per unit. So all the contribution attributable to MOS sales itself is profit. Profit is given in ques itself. So profit = MOS right Then why do we need these calculations?
latest answer
👍👍
Sugam SM
CA Final
★ 9K+
2
410
Chapter 1 R
Direct Taxation
answered on 13-Mar-23 19:47
How to solve date of depature from India problem and date of arival problem same as question no 1 just like 1 st problem
latest answer
First please complete your study of study material and questions given in that. Then you will be able to understand better.
R K
ACCA Skill
★ 9K+
7
468
Income from agriculture in japan is exempt from tax
Direct Taxation
answered on 10-Mar-23 16:08
H indian agriculture income exampt from tax what about forigin income
latest answer
Only agricultural income in India is exempt u/s10(1). If the assessee has agricultural income from out of India, it is not exempt and its taxability is dependent on the assessee as per sec 9
Rkg g
CA Inter
★ 980
2
699