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TDS

Direct Taxation

answered on 05-Dec-22 19:18

In TDS It should be deducted if the threshold limit exceeded On what amount rate shall be applied whether on amount exceeding threshold or including the threshold the whole amount .

latest answer

Okay sir thank you

Deepa Kotapati

Deepa Kotapati

CA Inter

3K+

5

404

Sequence and series

Maths & Stats

answered on 05-Dec-22 18:59

a, b, c are in AP and x, y, z are in GP then find the value of x^(b-c). y^(c-a). z^(a-b) A) 1 B) 0 C) b(c-a) D) None

latest answer

1

Ameena Yasmine PA

Ameena Yasmine PA

CA Inter

3K+

1

475

BOOK

Economics

answered on 21-Jan-23 00:20

FOR economics for finance is it enough if we throughly read from Indigolearn book ? no need to refer from Icai module?

latest answer

You may study the questions from the study material

Harshitha Kalidindi

Harshitha Kalidindi

CA Final

51K+

7

428

TDS

Direct Taxation

answered on 05-Dec-22 19:00

Hello sir, As we all know the limit of section 194C I.e Rs.30000 for single bill and 100000 for aggregate, My question is how the aggregate value will be determined. For instance I am receiving goods from a supplier who supply services and goods though he is supplying the both I only receive the goods. In the previous year till 25.03.2022 the limit of receipt has crossed above 100000. Till this scenario we know that TDS not attracted because the supply was fully goods. What if I received a service from the same supplier on 28.03.2022 do I need to deduct TDS ? Clarify the same

latest answer

Okay sir.

Muthu Selvam

Muthu Selvam

CA Inter

7K+

2

450

ITC Section 18(3) Transfer of ITC on sale, lease, amalgamation, demerger

Indirect Taxation

answered on 05-Dec-22 15:12

During a merger or demerger, can we transfer the unutilized ITC of Capital Goods or only Goods?

latest answer

ITC should be transferred based on apportioned value of assets of company demerged.

Udaya Kumar

Udaya Kumar

CMA Inter

920

1

487

Sequence and series

Maths & Stats

answered on 05-Dec-22 15:40

A certain ball when dropped to the ground rebounds to 4th/5 of the height from which it falls; it is dropped from a height of 100m find the total distance it travels before finally coming to rest a) 600m b) 700m c) 900m d) 200m

latest answer

Thanks bro, I got it.

Ameena Yasmine PA

Ameena Yasmine PA

CA Inter

3K+

5

622

Please reply sir

Direct Taxation

answered on 05-Dec-22 14:10

I bought DT book of indigo learn...are these sums enough for exams or should I refer icai books?

latest answer

Thanks

Dhakshana Dhakshana

Dhakshana Dhakshana

CFA L2

18K+

3

452

Explain

Accountancy

answered on 05-Dec-22 07:10

What is deferred tax liability net?

latest answer

Deferred tax liability - Deferred tax asset

Dhakshana Dhakshana

Dhakshana Dhakshana

CFA L2

18K+

2

421

BCR

Others

answered on 21-Jan-23 00:22

Change the following sentence into passive voice "He does not like people telling him what to do"

latest answer

People telling him what to be done is not liked by him

Monika T

Monika T

CA Final

7K+

3

464

BCR

Others

answered on 05-Dec-22 19:23

Change the following sentence into passive voice "His uncle gave him a book to read"

latest answer

Thank u

Monika T

Monika T

CA Final

7K+

8

504