Forums
About CA NEW SYLLABUS
Others
answered on 04-Mar-23 04:42
Newly registered student when I get registeration for adopt new syllabus
latest answer
Its not yet announced by ICAI - mostly in May-24
Pon nar
CA Final
★ 7K+
1
394
As 17
Accountancy
answered on 04-Mar-23 20:20
Why secondary report made all sales?
latest answer
Thank u sir.
Kamal Kumar
CA Inter
★ 7K+
8
344
Accounting for shares
Accountancy
answered on 04-Mar-23 04:35
Issued capital 1 lakh and due to oversubscription the company allotted 1,10,000 on pro rata basis and. The excess money is adjusted in allotment. For calculating allotment the base no. Of shares should be 1lakh or 1,10,000. For first call money and so on... Could anyone please reply,it would be immensely helpful...
latest answer
Firstly - 1,10,000 shares cannot be alloted. You can allot 1,00,000 shares to applicants of 1,10,000 shares. No of shares allotted will be 1,00,000 only.
Mugilan S
CMA Inter
★ 0
1
331
Income under Head Salaries
Direct Taxation
answered on 03-Mar-23 10:28
Can anyone explain the method for including DA in the salary case i) DA only forms part of retirement benefits case ii) DA not forming part of retirement benefit Why it is included in both situation?
latest answer
DA is fully taxable for salaried employees. For few instances for computation of salary for few perquisites like rent-free accommodation, DA forming part of retirement is used. Hence its given specifically in few questions
Udaya Kumar
CMA Inter
★ 920
3
643
Chapter 2 - Section 9
Corporate & Other Laws
answered on 02-Mar-23 20:31
What is the meaning of writ petition will be maintainable by company or its shareholders here ??
latest answer
Thank you so much ma'am
Neha Baliga
CA Inter
★ 16K+
2
418
"Materiality is not a matter of Size"....Correct or Incorrect
Auditing
answered on 02-Mar-23 13:02
In suggested answer is given as Incorrect how ? Note point H in the image below
latest answer
Incorrect because.. Materiality may be matter of size and may not be a matter of size at times. So the given statement is not fully correct. As you can see, it is given in the explanation materiality is not ALWAYS a matter of size.
Prethivi Rajan
CA Final
★ 9K+
2
894
Capital deemed to be Preference Share Capital
Corporate & Other Laws
answered on 04-Mar-23 06:48
Anyone kindly explain in Simple terms. Thank you.
latest answer
Thank you sir.
Rajasekaran Suresh
CA Inter
★ 495
6
866
Cash flow
Accountancy
answered on 02-Mar-23 12:24
Can anyone explain me what is the logic behind Opening balance -Closing balance while computing cash flow by giving simple example?
latest answer
Creditors If opening is 10000 Closing is 0 And no purchases during the year Means u paid 10000 during the year( cash. Outflow) Another example Opening 10000 Purchases 50000 Closing 20000 Means actual cash outflow = opening + current year purchases -closing =40000
Snehashis Mohanty
CA Inter
★ 35
9
358
SECTION 39 ;- Allotment of Security
Corporate & Other Laws
answered on 02-Mar-23 20:35
As per companies act - minimum application amount is 5% of issue price of shares or as may be prescribed . But , SEBI has prescribed @ 25% . What to write in exams ?
latest answer
Its important to mention the Companies Act provision (5%) in exam. You can additionally write in brackets the Sebi requirements also just to display your knowledge. Marks will be allotted for Company Law provision mainly.
Varun Mulay
CA Final
★ 38K+
4
388
PGPB
Direct Taxation
answered on 02-Mar-23 13:55
Please kindly solve the given problem in detail ??
latest answer
Hope the answer is right
Aakash Raavi
CMA Inter
★ 320
1
382