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Capital gain

Direct Taxation

answered on 15-Dec-22 10:59

How to they classified STCG of bonus share issued on 1/12/2020, (AY 2022-23) it is >1year THEN, Tax on dividend is 10% but here said nil tax on dividend

latest answer

Yes correct sir

Periyakaruppan Sekar

Periyakaruppan Sekar

CA Inter

970

4

392

Indirect tax

Exams

answered on 14-Dec-22 16:55

In Gst ch1 there is soo much in ICAI module but in lecture basics where taught and went to new chapter Is that much enough? Or rest we should do on our own?

latest answer

Chap:1 will be asked in MCQ only. So, prepare accordingly. Theory won't be tested from it

Harshitha Kalidindi

Harshitha Kalidindi

CA Final

51K+

2

434

Approach

Indirect Taxation

answered on 14-Dec-22 20:05

What all books to refer for GST. Do we need to maintain running notes for theory also apart from sums? Is Indigolearn book updated with amendments ? Is there a need to refer ICAI modules again?

latest answer

Enough

Harshitha Kalidindi

Harshitha Kalidindi

CA Final

51K+

5

493

Types of audit

Auditing

answered on 15-Dec-22 11:09

Can you explain the highlighted text, i could understand even a bit of it?

latest answer

Criticise here means to critically examine.

disha sharma

disha sharma

CA Inter

1K+

3

476

Doubt

Accountancy

answered on 22-Dec-22 11:57

Why salary and rent is not written in partners capital account

latest answer

OK sir thank you

sai t

sai t

CA Foundation

2K+

4

431

scope of audit

Auditing

answered on 14-Dec-22 10:20

can you explain this point with an example?

latest answer

Say if the management says that you cannot obtain external confirmation from debtors or banks, then this restricts the scope of audit. In such situations the auditor cannot give an unqualified opinion.

disha sharma

disha sharma

CA Inter

1K+

1

495

Forex Illustration 5

AFM

answered on 14-Dec-22 21:03

In subpart (ii) why the answer does not tallies if we do like this: A) Return in currency = 67.25-62.25/62.25 =8.03% B) Return in S&P = -5.37% then net return = 8.03-5.37 = 2.66 % as compared to 2.23% which is the exact answer.

latest answer

got it sir

Himanshu Somani

Himanshu Somani

CA Final

97K+

2

618

Why abnormal sale is reduced from sales ??

Accountancy

answered on 14-Dec-22 09:39

Why abnormal sale is reduced from sales ??

latest answer

It is not actually removed from sales. Just that they are separated from normal sales to get correct picture of gross profit ratio.

Atharv Sankliya

Atharv Sankliya

CA Final

3K+

3

903

Average due date - base date assumption

Accountancy

answered on 14-Dec-22 16:55

Please tell on what basis average due date's base date has to be taken

latest answer

Base Date It is at your discretion. You can take any date as base date for such calculation. The answer would be the same.

Anitha V K

Anitha V K

CA Inter

4K+

7

421

Wishes: CA Foundation Exams

Exams

answered on 21-Jan-23 17:33

All the best guys. We all will make it.

latest answer

Is it sarcastic or what??

Dharani Chakravarthi

Dharani Chakravarthi

CA Final

8K+

7

636