Forums
Special dividend
Accountancy
answered on 20-Jan-23 22:57
What will be the treatment of special dividend in investor's books of accounts
latest answer
Dividend is an income and hence, it has to be credited to the P&L. In investment accounts chapter, you can post the amount in the dividend column of the credit side.
Atharv Sankliya
CA Final
★ 3K+
2
448
SSP portal login problem
Exams
answered on 14-Jan-23 19:50
I am facing ssp portal login issue, even after changing password - it showing invalid . Where to file this complaint?
latest answer
Wlcm :)
Sajeetha R
CA Final
★ 46K+
5
1K+
Investment account - property
Accountancy
answered on 18-Jan-23 10:44
does the property held for investment purposes is recorded at market value or cost whichever is lower if yes then if the market price is lower the loss is tranfer to which account (revaluation, capital reserve p&l a/c etc) ?
latest answer
As per as 13 - INvestment Properties are accounted for as long term investments. Write off due to permanent decline Dr. P&L Cr. INvestment Property
Atharv Sankliya
CA Final
★ 3K+
3
450
RTP and Suggested Answers
Exams
answered on 14-Jan-23 15:21
Where to get CA final RTP prior to May 2021 and Suggested Answers prior to Novemver 2020 attempts of all the subjects ?
latest answer
Thank you.
SRINIDHI s
CA Final
★ 0
2
880
Deduction u/c VI A
Direct Taxation
answered on 16-Jan-23 17:30
What are income based deduction u/c VI A which can be rejected in case of belated return u/s 139(4) Pls help
latest answer
Sec 80QQB
Vishal Mittal
CA Inter
★ 4K+
1
595
Indigo learn mock test series
Exams
answered on 15-Jan-23 15:29
When will be ca inter mock test will be available in indigo learn?
latest answer
Feb month
Nirmal Pauly
CA Final
★ 14K+
2
627
ICA
Corporate & Other Laws
answered on 18-Jan-23 20:37
Please explain point 1 and 3 in simple terms
latest answer
DHAKSHANA BRO HAve u understood????
Dhakshana Dhakshana
CFA L2
★ 18K+
5
460
Not received Income Tax Refund
Direct Taxation
answered on 16-Jan-23 10:32
Hello sir, I have a doubt and the same have been attached below. 1.My question is I have filled a IT return for my friend who has salary income where TDS also deducted from the employer, 2.Total tax payable after chapter VI A deduction but before TDS is Nill because of relief from Rebate u/s 87A, 3. In this case as we all know that the TDS amount will be refundable and the same need to be received by my friend, 4. I have furnished all details clearly that stated Refund amount is Rs.13930 but recently I have received intimation order u/s 143(1) which stated that there is no payment due, 5. Tax computation As per 143(1) they have not taken TDS the same have been deducted by my employer and the same have been reflected in my friend's 26AS, 6. What is the reason for not received refund though every documents are available and correctly deducted, I request to see the attachment and give me clarity on this. Thank you,
latest answer
Something similar happened to me also in person. I tweeted and they responded by asking me to email them at orm@cpc.incometax.gov.in I did email them But they have not yet refunded. This is the IT department working at its best :)
Muthu Selvam
CA Inter
★ 7K+
2
481
Gift and Capital Gains
Direct Taxation
answered on 14-Jan-23 16:49
In case of Gifted property and taxed in IFOS as gift, and later sold as Capital Gains, IS IT REQUIRED THAT , GIFT AMOUNT TO BE INDEXED , provided that it is Long term nature gain ?
latest answer
It is dealt in capital gains chapter
Varun Mulay
CA Final
★ 38K+
2
482
Gift income
Direct Taxation
answered on 18-Jan-23 08:27
How is the taxable amount calculated ?
latest answer
Mtp April 2021. Division A, Question 2
Sharon M Jacob
CA Inter
★ 1K+
4
517