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Happy Teacher's Day

Others

answered on 05-Sep-22 18:39

Happy Teacher's Day to all my teachers at IndigoLearn ��

latest answer

Wishing you joy and happiness, you are an amazing teacher, and you only deserve the best. 

Lalit Sanpal

Lalit Sanpal

CA Final

★ 6K+

2

605

ITC Reversal or Not

Indirect Taxation

answered on 06-Sep-22 17:00

Raw material purchased, Produced and sold. GST E- Invoice made and Goods are send to buyers place in lorry. Lorry got fire accident before reach the buyer's place, all the goods are completely destroyed in fire (100%). In this situation as a seller can we take ITC credit for Raw material purchases?

latest answer

As per Section 17(5), it becomes blocked credits.

Ravikumar Pandi

Ravikumar Pandi

CA Inter

★ 2K+

5

618

Sales of Goods Act

Corporate & Other Laws

answered on 05-Sep-22 15:55

What is the meaning of "dock warrant" "wharfingers' certificate" and "multimodal transport document" ?

latest answer

Welcome ð???

Ardhendu Sekhar Acharya

Ardhendu Sekhar Acharya

CMA Inter

★ 250

8

2K+

#28: Question for the day (Advanced Accounting - Inter)

Accountancy

answered on 13-Sep-22 14:35

Write the answer in a sheet as you would write in exam and send photo by 8pm. #LetsPractice RC Ltd. is showing an intangible asset at Rs. 72 lakhs as on 31-3-2022. This asset was acquired for Rs. 120 lakhs as on 01-04-2016 and the same was used from that date. The company has been following the policy of amortization of the intangible assets over a period of 15 years, on straight line basis. You are required to comment on the accounting treatment of asset with reference to AS 26 'Intangible Assets' and also give the necessary rectification journal entry in the books.

latest answer

The past year profits would be accumulated as retained earnings / reserves. Hence debited there.

Sahibdeep Singh

Sahibdeep Singh

CA Inter

★ 14K+

5

1K+

Happy Teachers' Day

Others

answered on 05-Sep-22 20:36

Happy Teachers' Day to all the faculties of Indigolearn!

latest answer

finally We can only be grateful to have a teacher like you! Happy Teacher's Day to you! Sir

Viveka R

Viveka R

CA Inter

★ 3K+

6

646

CA scholarship

Others

answered on 05-Sep-22 19:50

Friends I am a direct entry student and pursuing Chartered Accountants intermediate course now can I eligible to get CA scholarship what is the procedure where I have to submit that could you please tell me

latest answer

Yes

MPR Sanjay Kumar

MPR Sanjay Kumar

CA Inter

★ 525

24

2K+

doubt regarding costing paper

Costing

answered on 05-Sep-22 10:25

I had my ca inter exams last may and I got 58 in costing but overall I failed....kept costing valuation and they sent me the paper which had only 50 marks...now i'm confused...is my marks 50 or 58?

latest answer

ICAI added 8 marks to Everyone in Costing

Vamsi Chowdary

Vamsi Chowdary

CA Final

★ 13K+

2

589

Happy teachers' day

Others

answered on 05-Sep-22 14:53

Thanks and best wishes to the all the teachers on this special day!

latest answer

Thanks a lot on behalf of all teachers at IndigoLearn.

Sibi Srinivasan

Sibi Srinivasan

CA Final

★ 22K+

1

455

Sales of Goods Act

Corporate & Other Laws

answered on 05-Sep-22 09:51

Can anybody please explain me what is "Constructive delivery" in simple language ? The book language is quiet confusing.

latest answer

Thank you

Ardhendu Sekhar Acharya

Ardhendu Sekhar Acharya

CMA Inter

★ 250

3

934

ICAI VALUATION - CA INTER.

Exams

answered on 05-Sep-22 18:48

Actually I got papers through RTI act recently. I had applied for revaluation also and they told that there are no changes in marks. But for this question I wrote answer which is similar in my ICAI material but ICAI gave me 0 out of 4 marks( not even half marks) can anyone please help me in this? This is not the only question. I have many questions in this similar type.

latest answer

Ok sir i wil mail them and ask bt this

V U Lakshmi

V U Lakshmi

CA Final

★ 0

21

1K+