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TDS

Direct Taxation

answered on 01-Feb-23 19:19

In TDS there are threshold limits for P.Y for NO TDS in so many sections right like in SEC 194 O - upto 500000 in 194M if amount is upto 5000000 194 LA -No TDS upto 250000 if this threshold limits cross.. (on the excess of such threshold limit we deduct TDS )or on entire amount of payment in P.Y till now we deduct TDS?//

latest answer

thank u sir

Harshitha Kalidindi

Harshitha Kalidindi

CA Final

51K+

2

424

Cost Accounting

Accountancy

answered on 01-Feb-23 16:08

Calculation of cost of material purchased

latest answer

No mention. Kindly note that I have solved it assuming that "GST Credit is not available". You can do it the other way also. But, put a note and mention the assumption in your answer.

Hida Sharief

Hida Sharief

CBSE XII

0

10

460

Control risks

Auditing

answered on 02-Feb-23 16:26

Hello sir. Is there any guidance as how to determine the risk of controls(low, moderate and high)?

latest answer

Control risk exists because internal control process might not detect, prevent, and correct misstatements on time. If segregation of duties is not well defined then control risks will be high and vice-versa

Suresh Avinash

Suresh Avinash

CA Final

3K+

1

447

About certified copies through rti

Others

answered on 01-Feb-23 16:21

In nov 22 attempt I got 40 in tax and i passed But in certified copies marks are 39 is it lead to any problem

latest answer

Thank u

Bhagyesh Rama

Bhagyesh Rama

CA Final

11K+

10

526

COST OF CAPITAL

Financial Management

answered on 01-Feb-23 16:57

IN Example why Present value method equation is given in the class is NPV @15% = Initial cah outflow + PV of inflow + PV of termonal cash flow and why didnt we substract ? why debenture value which the company recevied is treated as cash outflow instead of inflow ?

latest answer

Yes.

M Thoufeeq

M Thoufeeq

CA Inter

0

3

452

Notes to account - cash and cash equivalents

Accountancy

answered on 23-Feb-23 17:34

How to classify bank balance in cash and cash equivalents in notes to accounts ?

latest answer

If information available pls do.

Atharv Sankliya

Atharv Sankliya

CA Final

3K+

6

349

Answer this sirrr

Indirect Taxation

answered on 02-Feb-23 16:51

Rice mill business will it come under supply of goods or services???sir

latest answer

Supply of Service.

Dhakshana Dhakshana

Dhakshana Dhakshana

CFA L2

18K+

6

771

buy back of security

Accountancy

answered on 01-Feb-23 05:53

In question 3 of module here I attached my workings and module answer there is contradiction in answer. please indicate what kind of mistake I done while computing debt equity test.

latest answer

Thank you,

Elavarasi B

Elavarasi B

CA Inter

46K+

3

438

Partnership

Accountancy

answered on 01-Feb-23 17:06

If they've asked to calculate goodwill in case of retirement, death and IOC has to be adjusted, then in this case ioc of all partners is calculated and deducted or only the IOC of retiring, dead, and partner is deducted?

latest answer

Generally in case of retirement or death only the outgoing partner's account is prepared. THe question will be specific in this regard. If you are facing any issue in understanding any question, let me know.

Vedant Vijay

Vedant Vijay

CA Foundation

1K+

1

426

Seating arrangement

Maths & Stats

answered on 31-Jan-23 19:15

How is the 24th answer d)

latest answer

There is a mistake in your textbook.. This img is from new module See the V th point..

Vedant Vijay

Vedant Vijay

CA Foundation

1K+

2

533