powered by logo

Forums

Exemption

Exams

answered on 14-Mar-23 08:32

How does this exemption thing work? If if fail in all there and get exemption in one paper is it valid? And this example in indigolearn blog I didn't get it

latest answer

You can get next time if you write all papers of the group by surrendering exemption

Harshitha Kalidindi

Harshitha Kalidindi

CA Final

51K+

7

596

Revised Invoice In GST

Indirect Taxation

answered on 15-Mar-23 13:28

Why one should/will issue a revised invoice ? Purpose or Reason Behind issuing a Revised Invoice ?

latest answer

We will be able to claim ITC on inputs held in stock, inputs contained in semi finished and finished goods in stock.

Rishikesh Prajapati

Rishikesh Prajapati

CA Final

7K+

6

648

Income from other sources

Direct Taxation

answered on 13-Mar-23 12:50

Why rental income in case of property held as stock in trade for 3 yrs taxabe under Income from house property and not under PGBP

latest answer

Rental income is taxable under house property.

Pooja .

Pooja .

CA Final

210

1

491

Additional requirements for non corporate entity (msme)

Accountancy

answered on 13-Mar-23 13:08

Meaning of highlighted text

latest answer

Not required

Atharv Sankliya

Atharv Sankliya

CA Final

3K+

3

567

CFS

Accountancy

answered on 13-Mar-23 10:53

Why dividend given to minority is not added in minority interest but we add dividend of holding company in p and l.

latest answer

Ok sir. Thank you sir

Umayal Lakshmanan

Umayal Lakshmanan

CA Final

6K+

2

481

CFS

Accountancy

answered on 15-Mar-23 16:06

Revaluation is done in the beginning of the year, so why can't we say the whole depreciation is provided. Why we calculate additional depreciation.

latest answer

Oh ok sir. Thank you sir

Umayal Lakshmanan

Umayal Lakshmanan

CA Final

6K+

2

564

70% mocks

Accountancy

answered on 14-Mar-23 17:34

Sir I haven’t received 70% mocks for paper1 Please add it ASAP cause I will be going today to get print of all other mocks. 🙏

latest answer

Thanks for confirming.

Sugam SM

Sugam SM

CA Final

9K+

6

422

TDS and tcs

Direct Taxation

answered on 13-Mar-23 11:57

If tds exceeds advance tax payable ,what will happen

latest answer

Advance tax is computed based on Total Tax - TDS. If TDS already covers the tax liablity, advance tax payment is not required.

SANSKRITI BADRI 2111339

SANSKRITI BADRI 2111339

CA Final

4K+

1

453

Both groups

Exams

answered on 13-Mar-23 15:21

I filled exam form for both groups Now I think I will be able to given only one group because it's too much syllabus Iss it okay to give one group after filling both group forms If second group is not attempted it's not like one attempt is failed right? Also can I attempt FM paper for exemption? Then it will show group 2 fail? Iss it okay to do like that or it will have bad impact on Job opportunities?

latest answer

In short to get exemption benefit in any paper of ny group must attend all papers of that group.

Harshitha Kalidindi

Harshitha Kalidindi

CA Final

51K+

6

1K+

Capital gains

Direct Taxation

answered on 13-Mar-23 06:25

Is transfer of self generated goodwill of profession chargeable to tax?

latest answer

not taxable

Pooja .

Pooja .

CA Final

210

1

452