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IndiGo learn questions for costing

Costing

answered on 10-Mar-23 16:35

While solving sums in study material method of calculation is different Is it ok to follow all chapters in Indigo Learn material sums plus. All previous question papers RTP mtps

latest answer

It is true that the method of solving used in Study material and Suggested answers is a bit difficult. But, when we can arrive at the same answer with a different method, it is not at all a problem. If we present our calculations clearly and arrive at the same answer, marks will surely be awarded. The examiners are not so strict. Moreover, we have less time. We have to utilise it properly. When we have an easy method, why choose the tough one?

Madhu Reddy

Madhu Reddy

CA Inter

4K+

9

603

Statement of intention

Corporate & Other Laws

answered on 15-Mar-23 11:41

Can you explain how the statement given below is a statement of intention and not an offer. : ' an announcement to give scholarship to children scoring more than 95% in 12th board '

latest answer

No, it is not a general offer, does not qualify the conditions for a valid offer.

Dova Shaji

Dova Shaji

CA Inter

520

4

837

Invitation to offer

Corporate & Other Laws

answered on 11-Mar-23 13:42

Can you explain how the statement given below is an invitation to offer and not an offer. : ' an announcement to give scholarship to children scoring more than 95% in 12th board '

latest answer

This has been discussed here - https://1fin.page.link/jequyLHH6V4AxYpg7

Dova Shaji

Dova Shaji

CA Inter

520

2

2K+

Chapter 4 -Calls in advance

Corporate & Other Laws

answered on 10-Mar-23 13:51

Pls explain this statement: Advance payment will not lead to increased voting rights but delayed payment of call money could be the reason of decreased voting rights.

latest answer

The voting rights will not increase if you pay calls in advance. They will increase only when that part is called up. If you pay in advance even before they are called up, that does not mean any increase in voting rights. But, the voting rights will decrease if there are any calls in arrears.

Neha Baliga

Neha Baliga

CA Inter

16K+

1

626

Chapter 4: Section 51

Corporate & Other Laws

answered on 10-Mar-23 20:10

Will a person get dividend on calls-in-advance too? as according to section 51, the company is permitted to pay dividends in proportion to the "amount paid-up on each share" if so authorised by the articles

latest answer

Thank you sir

Neha Baliga

Neha Baliga

CA Inter

16K+

2

363

Sir forein agriculture income is also exempt in tax

Direct Taxation

answered on 10-Mar-23 23:15

Any id

latest answer

It is taxable

R K

R K

ACCA Skill

9K+

3

426

Non availability of GST Exemptions Chapter notes for questions

Indirect Taxation

answered on 10-Mar-23 11:21

Only Theory part available, Questions are not available while going through the lecturers. Pl do the needful

latest answer

Questions are there at the end including the case based MCQ

Js Giri

Js Giri

CA Final

40

1

462

Scientific research assets used in business

Direct Taxation

answered on 10-Mar-23 11:30

If a firm is using scientific research assets in its business then can the firm claim depreciation of this asset?

latest answer

If you claim deduction u/s 35 you cannot claim depreciation.If you claim depreciation you cannot claim deduction under section 35. In simple words any one deduction cam be taken

Atharv Sankliya

Atharv Sankliya

CA Final

3K+

2

443

SA 700

Auditing

answered on 10-Mar-23 16:01

Any one please explain the qualitative aspects of accounting practices in simple words ?

latest answer

Auditor has to check if the financial statements are made as per appropriate financial reporting framework - this check should include qualitative aspects like management's selection of accounting practices or management's biases towards estimates and approximations.

Siva Balan

Siva Balan

CA Final

2K+

1

465

AS Books

Accountancy

answered on 10-Mar-23 09:26

How To Get AS Notes For CA Inter?

latest answer

Is updated.

Hirenkumar Ajudiya

Hirenkumar Ajudiya

CA Inter

0

3

433