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Interpretation of may
Corporate & Other Laws
answered on 19-Dec-22 17:03
Here it is stated that may be taken from General Clauses Act, but it is not optional right? It should be taken from General Clauses Act or is there something else to interpret?
latest answer
When the definition of a word is defined in the Act itself then that particular definition is considered while reading the Act and nothing else is needed, in the absence of definition of a word in the Act then the definition is to be referred from The General Clauses Act. The General Clauses Act comes for a rescue in the absence of clear definition in the specific enactments.
Sugam SM
CA Final
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472
OTHER LAW - NI ACT
Corporate & Other Laws
answered on 20-Dec-22 13:07
Promissory note is bearer insrument?
latest answer
Promissory note itself basically not only a bearer instrument.... an NI can either be order or bearer instrument.... LIkewise PN can also be made payable to the bearer or to the order..... but For promissory note alone, there is a restriction.... PROMISSORY NOTE CAN BE MADE PAYABLE TO THE BEARER ONLY BY RBI...... PN can be made payable to the order by people also.....
Kamal Kumar
CA Inter
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CA foundation maths question paper
Exams
answered on 19-Dec-22 16:49
In yesterday's exam what is the answer of second question. _ is based on all observation and_ covers central 50%
latest answer
BCK is slightly easy and less dense. Try to cover all chapters (xcept 3)
Lathika
CA Inter
★ 6K+
3
734
Rti
Exams
answered on 19-Dec-22 09:42
When can we apply in rti
latest answer
After exam results
Lathika
CA Inter
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2
468
Can anyone explain me this problem?
Accountancy
answered on 18-Dec-22 22:04
I am unable to understand the solution.
latest answer
Lets say you have goods costing Rs 100. Now lets say there is 25% profit on cost = 100 x 25% = 25 Then, the selling price is 100 + 25 = 125. Then percentage profit on selling price is 25/125 x 100 = 20%. hence 25% profit on cost = 20% on sales
Snehashis Mohanty
CA Inter
★ 35
5
542
Warehousing
Indirect Taxation
answered on 19-Dec-22 18:39
After manufacture, the produced goods may either be exported out of India or cleared for home consumption. The duties are fully remitted if the goods resulting from such operations are exported. what does this mean? should we have to pay a duty to incase we export the goods manufactured in the warehouse?
latest answer
Remitted means need not to be paid.
FAYIS ASSIS
CA Final
★ 0
2
432
ERP
Information Systems
answered on 12-Mar-26 17:46
What is the most critical resource of an ERP system? In one of ICAI mtp the answer given is data but i think it should be people.
latest answer
Data is considered the most critical resource in an ERP system because ERP works on a centralized database that integrates information from different departments. All reports, transactions, and decisions depend on the accuracy and quality of the data stored in the system. If the data is incorrect, the entire ERP output becomes unreliable. However, people are also important in practice because they are responsible for entering and managing the data in the system.
Sarthak Aggarwal
CA Final
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3
649
BCK answers
Corporate & Other Laws
answered on 19-Jan-23 12:29
In BCK ..THERE'S SO MANY DIFFERENCES IN BOOK BACK ANSWERS AND BOOK INSIDE ANSWERS...WHICH ANSWER I SHOULD GIVE IN MY MAIN EXAM
latest answer
Prefer Book Inside answers every time. Sometimes book back answers may be printed with errors. But the Book inside will be correct and accurate at all times.
Sonia T
CA Foundation
★ 10
5
438
Diluted EPS
Accountancy
answered on 18-Dec-22 17:54
Why preference dividend is subtracted from net income while calculating diluted EPS? Because in denominator we have common stock. + converting security (pref share into stock).
latest answer
Pls follow our notes/Accounting standards
Mansha Tutlani
CA Final
★ 555
3
480
Capital reserve for bonus issue
Accountancy
answered on 18-Dec-22 18:10
Can I use capital reserve For bonus issue
latest answer
The section uses "may" And puts restriction on revaluation reserves. So capital reserve realised in cash can be used.
SK Png
CA Final
★ 0
3
391