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Rule 3(7)(i)
Direct Taxation
answered on 30-Jan-23 15:45
Provisio to 3(7)(i) Aggregate of loan of 20000 is it only for medical purposes other than specified diseases(as that is not perquisite) or such 20000 can be used for any other purposes. Also such amt is for whole year or monthly as we receive monthly salary.
latest answer
upto 20,000 aggregate, petty loans - no perquisite.
Sugam SM
CA Final
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Rule 3(7)
Direct Taxation
answered on 30-Jan-23 15:49
When this loan is treated as personal loan. What would be the interest rate ? Differential or only SBI rate?
latest answer
Thanks a lot
Sugam SM
CA Final
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Accounts
Accountancy
answered on 31-Jan-23 08:18
What is meant by stock in trade
latest answer
stock in trade means the finished goods which are ready to be sold in the business and not meant for the own consumption
Krishnan K
CA Inter
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Profit prior to incorporation
Accountancy
answered on 31-Jan-23 08:50
Interpretation i want
latest answer
hi it will be very helpful to you if draw the timeline and plot the information given (this will not form part of your main answer)
A M K
CA Inter
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Fair market value
Direct Taxation
answered on 31-Jan-23 12:00
Is it closing rate of previous day?
latest answer
Yes ,and we can also take the avg price as mentioned
Sugam SM
CA Final
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452
Ca foundation
Exams
answered on 31-Jan-23 11:45
When will the results be released ?
latest answer
Recent Tweet from CCM
Aparna PBSS
CA Inter
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11
603
IND AS 16-ICAI MATERIAL ILLUSTRATION 12
Financial Reporting
answered on 30-Jan-23 15:09
In ICAI material illustration 12, i didn't understand the reason for difference in cost of factory and depreciable amt of factory
latest answer
Its helped. Thankyou
nazriya nasar
CA Final
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598
Amalgamation
Accountancy
answered on 14-Feb-23 07:39
Illustration 8 Is the new debentures issued at discount or the old debentures discharged at discount?
latest answer
Yes only 95% will be given when new company settles it
Angel Maria Varghese
CA Final
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404
Subscription due is liability
Exams
answered on 31-Jan-23 12:54
Yes no
latest answer
Subscription due is an Accrued Income. So it is a Asset. Share the question...
R K
ACCA Skill
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Service costing
Costing
answered on 29-Jan-23 22:56
What is a quatitive factor ? Sir said in video, weight is a qualitative factor n it influences fuel consumption. More the weight, more the fuel consumption . But here in the book , it says it won't affect variable cost
latest answer
Hlo
Reetikaa R
CA Final
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572