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Doubt ??

Direct Taxation

answered on 03-Jan-23 07:09

Could anyone tell me... Whether below sum is crt... If wrong pls tell where i commited the mistake. Anyone pls tell this sum

latest answer

Ok sir got it. :)

Balachandar S

Balachandar S

CA Inter

59K+

8

419

Framework chapter

Accountancy

answered on 31-Dec-22 22:43

Liabilities are recorded at the undiscounted amount of cash expected to be paid on settlement of liability in the normal course of business under: (a) Present value. (b) Realizable value (c) Current cost. ICAI mat answer given is (b) How & why

latest answer

Settlement value is the realisable value for a liability

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

0

1

444

practice manual

Others

answered on 02-Jan-23 12:32

where is pratice manual for ca inter

latest answer

Ok sir

Reetikaa R

Reetikaa R

CA Final

7K+

5

484

EXEMPTION

Indirect Taxation

answered on 31-Dec-22 21:01

If canteen service provided by outside person to pre school is taxable or not?

latest answer

Taxable

Kamal Kumar

Kamal Kumar

CA Inter

7K+

1

376

income method

Economics

answered on 20-Jan-23 21:37

whether employer's contribution to social security scheme be included in NDPfc?

latest answer

Employer's contribution is to be included and not employee's contribution. But in this question they have not included it separately as it already forms a part of Compensation of employees (COE). COE = Wages + Salaries in cash and kind + Employer's contribution to Social security schemes So, since it's already included in COE, we need not add it separately. The formula is: NDP fc = COE + Profit + Rent + Interest + Royalty + Mixed income

Snekha Muniasamy

Snekha Muniasamy

CA Final

11K+

5

532

Death of auditor (casual vacancy)

Auditing

answered on 02-Jan-23 21:20

If partner of a LLP died then does the another partner can become a Auditor of company?

latest answer

with few assignments which he will not be able to accept like bank audits, PSU audits in his individual capacity

Atharv Sankliya

Atharv Sankliya

CA Final

3K+

7

2K+

Exam

Accountancy

answered on 20-Jan-23 23:46

Easy chapters to prepare well in May 2023?

latest answer

To score 40-45 marks easily, cover the following thoroughly: Accounting Standards Hire Purchase Investment accounts Insurance claims These will give you a passing mark, but this is a very good scoring and will help you in your aggregate. So, try to cover all chapters. You may leave out some concepts which you feel very difficult, but atleast have an idea of each chapter.

Narra Thirupathaiah

Narra Thirupathaiah

CA Inter

335

4

451

Off topic - regarding to the failure of payment of tax

Direct Taxation

answered on 02-Jan-23 15:06

In case of failure of payment of tax even after belated returns time is up by assessee what are the consequences that an assessee is going to face?

latest answer

You cannot file returns. May be subjected to penalty proceedings depending upon the tax quantum.

Venkat Chidvilas

Venkat Chidvilas

CA Inter

2K+

4

396

Anybody knows???

Others

answered on 30-Dec-22 12:23

I completed articleship training on Nov 30 th 2022 past month,and I filed and submitted the form 108 it was accepted. but excess 50 days leaves to be served of me ( I have to serve) from Dec 1.12.2022 to Jan 19.1.2023  Doubt: 1.does I have to file this in form 107 for this excess 50 days period in SSP portal 2. when I should have to file after this excess period completed 19.1.2023????? 3. can I file before 19.1.2023 please give me a guidance please

latest answer

Thank you Soo much honourable Suraj lakhotia sir

MPR Sanjay Kumar

MPR Sanjay Kumar

CA Inter

530

3

617

Doubt??

Direct Taxation

answered on 02-Jan-23 14:55

Sir / mam Could anyone tell me... Whether below sum is crt... If wrong pls tell where i commited the mistake.

latest answer

Looks fine.

Balachandar S

Balachandar S

CA Inter

59K+

2

476