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Capital gain

Direct Taxation

answered on 24-Feb-23 09:49

I had a doubt on FVC calculation on slup sale for slup sale we should take total consideration but here it is taken as FMV value 30 lakhs

latest answer

Okk tq much

Prasanna Ram

Prasanna Ram

CA Inter

0

6

487

Cash flow statement

Others

answered on 22-Feb-23 14:25

Dividend paid is given in additional information... How should i account it... In some answers they have added to net profit in some answers they didn't add it to net profit in operating activities... Which is correct approach...

latest answer

Thanks a lot sir

Mugilan S

Mugilan S

CMA Inter

0

3

440

Audit of Banks

Auditing

answered on 22-Feb-23 11:53

What do they mean by "declaration of indebtedness" to be obtained by the bank? Is it still applicable?

latest answer

I see. In the context of auditing, it is common for banks to obtain a declaration of indebtedness from their borrowers before appointing a statutory central/branch auditor. The reason for this is to assess the potential risk associated with the borrower's indebtedness and to ensure that the auditor appointed has the necessary expertise to provide an informed opinion on the borrower's financial statements.

Sarthak Aggarwal

Sarthak Aggarwal

CA Final

9K+

3

1K+

Rights Issue

Accountancy

answered on 22-Feb-23 12:36

Is the Solution correct ? Practical Questions Question 6

latest answer

Welcome:)

THARAKESH M

THARAKESH M

CA Inter

34K+

3

454

Ind AS 116

Financial Reporting

answered on 22-Feb-23 09:19

In illustration 30, why the entry of transfer of Interest expense and Depreciation to Profit and Loss account every year is not accounted for?

latest answer

Still there is no harm in passing those entries.

Himanshu Somani

Himanshu Somani

CA Final

97K+

2

491

Rebate

Direct Taxation

answered on 21-Feb-23 22:31

Here the Income is 480000 but why the the tax is calculated at 20% rate ?

latest answer

Thanks for giving the answer

Snehashis Mohanty

Snehashis Mohanty

CA Inter

35

4

441

incomplete record

Accountancy

answered on 22-Feb-23 09:51

goods costing rs900 used as advertising material why purchase account is credited and not inventory account

latest answer

thank you

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

2K+

7

410

Class

Exams

answered on 22-Feb-23 09:27

When it is advisable to start class for may / nov 2025 attempt for ca fin@l? Which subject is preferable to start, Can anyone guide me

latest answer

Thank you so much sir

Sathiya Bama

Sathiya Bama

CA Final

24K+

7

485

Doubt

Exams

answered on 21-Feb-23 21:52

What is the last date for Nov 23 intermediate registration?

latest answer

It is better to register as soon as possible and not delay much till the last date.

Dhanu Shree

Dhanu Shree

CA Inter

0

7

493

Invoice

Indirect Taxation

answered on 22-Feb-23 09:52

Help in this question.

latest answer

For credit note, no time limit since the gst has to be credited back to the recipient, it can be taken anytime

Varun Mulay

Varun Mulay

CA Final

38K+

8

470