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Indirect Taxation

answered on 16-Dec-22 14:07

If an employer gives gift to his employee > 5ok but ITC on which the employer is not taken, whether it will be considered taxable supply or not?

latest answer

Yes if the biz assets given gift to employees then ITC allowed?

Kamal Kumar

Kamal Kumar

CA Inter

7K+

8

528

Brs

Accountancy

answered on 16-Dec-22 09:32

What is the opening balance in the below question

latest answer

Okay sir

Monika T

Monika T

CA Final

7K+

2

556

Incomplete records

Accountancy

answered on 16-Dec-22 10:18

Plz explain this adjustment . Time lag adjustment.

latest answer

One month credit period is allowed both for debtors and our creditors. So,at year end ,one month's sales and purchase will be outstanding

Sugam SM

Sugam SM

CA Final

9K+

2

389

Rectification of errors

Accountancy

answered on 16-Dec-22 09:14

Explanation?

latest answer

Depreciation To Suspense

Monika T

Monika T

CA Final

7K+

5

471

Fixed Overhead Recovery rate

Accountancy

answered on 15-Dec-22 22:24

If we have produced 90,000 per unit but the normal capacity is 1,00,000 if we consider the value of the 90,000 unit as cost of inventory then how can we charge 10,000 unit to P&L which is not sold.

latest answer

Ok I got it

Snehashis Mohanty

Snehashis Mohanty

CA Inter

35

2

484

Recovery rate of fixed Overhead

Accountancy

answered on 15-Dec-22 21:21

What it is necessary to calculate predetermined recovery rate of fixed Overhead Can anyone explain me with an example?

latest answer

Ok

Snehashis Mohanty

Snehashis Mohanty

CA Inter

35

6

752

General Clauses Act

Corporate & Other Laws

answered on 16-Dec-22 14:20

Isn't this and section 8 contradictory?

latest answer

Both sections are different. Sec 24 says, where any act is repealed and reenacted any notification, order, scheme, rule etc issued under the repealed act shall continue in force. Sec 8 says If in any act, reference to any repealed act is given, It will be construed as reference to the re-enacted act. Sec 24 talks about notifications, orders, schemes, rule etc issued under the repealed act Whereas, Sec 8 talks about the reference to repealed Act in its entirety.

Sugam SM

Sugam SM

CA Final

9K+

1

408

Chennai 1 month Audit work

Others

answered on 15-Dec-22 18:46

Jan 2 to Jan 31st CA or CMA inter pursuing students Mail to ashm007muhammed@gmail.com

latest answer

Okay

Ashmil Z

Ashmil Z

CA Inter

135

6

532

Doubt

Corporate & Other Laws

answered on 15-Dec-22 21:20

What does this mean ?

latest answer

Ultra vires acts are any acts that lie beyond the authority of a corporation to perform

sradha krishna sunil

sradha krishna sunil

CA Final

5K+

2

415

Law..

Exams

answered on 15-Dec-22 14:13

What is the weight-age of contract act and sale of goods act..?

latest answer

Ok thanku..

1235 Sharvari Shinde

1235 Sharvari Shinde

CA Foundation

8K+

3

499