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Accountancy

answered on 09-May-22 16:45

Here why in this question in calculation of trend only sales from January to may is taken in some problems fully turnover is taken In general how much period is to be taken in calculation of a trend

latest answer

There is no any fixed period of time for calculating trend % that's only based on the problem.i.e. sales made in Normal' business situation... Here, in this question compared to PY Jan to May they made normal sales after that sales are affected by Fire bcz they compared only up to May

Subramanyam N

Subramanyam N

CA Inter

6K+

1

404

Dividend

Direct Taxation

answered on 09-May-22 19:21

Can dividend income b adjusted against unexhausted basic limit

latest answer

Generally, Dividends earned by a resident forms part of Income from Other sources and hence, the same can be adjusted against the basic exemption limit Whereas, Dividend Income of NRI is a income chargeable at special rates under Section 115A / 115E at the rate of 20%. As the same is taxed at special rate, this cannot be adjusted against Basic exemption limit

Shru Kanda

Shru Kanda

CA Inter

610

2

433

Retention Ratio

Financial Management

answered on 10-May-22 15:38

Can anyone pls explain how they took the retention ratio as 0.7 in the answer

latest answer

Simply remember ..Retention means how much you are retaining after paying the Dividends. So if you pay out ratio is for example 30â?? then your retention ratio is balance 70â??

Sri Ram T

Sri Ram T

CA Final

13K+

2

1K+

Ratio and propositions

Maths & Stats

answered on 10-May-22 21:11

Guys plz answer for this question

latest answer

Correct. Answer should be 3(x +1/x)

Amshini Amshini

Amshini Amshini

CMA Final

47K+

9

464

Marginal costing

Costing

answered on 09-May-22 21:12

What is the logic of this formula How is contribution per rupee of sales = p/v ratio *sales mix

latest answer

Thank you Ma'am. I also had the doubt. But now understood. To arrive at the contribution as % of total sales we would do P/V ratio * Sales Mix

nisam M

nisam M

CA Final

23K+

5

491

Dividend policy

Financial Management

answered on 09-May-22 16:29

Explain the marked point

latest answer

Perpetuity value is computed at end of year 3 . it has to be arrived as on day zero and hence you are multiplying with PV for year 3

Shilpi Sahni

Shilpi Sahni

CA Inter

870

1

416

Return

Indirect Taxation

answered on 10-May-22 10:31

Pls say For may 22 exam Is due date for GSTR 1 is 11 or 10 day of next month ?

latest answer

Yes

Balaji R

Balaji R

CA Final

20K+

3

402

Company Audit

Auditing

answered on 09-May-22 16:30

Explain the 7 th point

latest answer

Second proviso to Sec 139(2) states "Provided further that as on the date of appointment no audit firm having a common partner or partners to the other audit firm, whose tenure has expired in a company immediately preceding the financial year, shall be appointed as auditor of the same company for a period of five years" The intention behind this is to ensure there is independence and no complacency in performing the audit - So both the CA and the firm where such CA is the partner are not eligible for next term if already completed the term of audit

Sathiya Bama

Sathiya Bama

CA Final

24K+

4

431

43CA

Direct Taxation

answered on 09-May-22 16:07

Transfer of immovable property under sec 43CA LEADS to pgbp or cg?

latest answer

50C leads to capital gain

Shru Kanda

Shru Kanda

CA Inter

610

2

423

NI ACT

Corporate & Other Laws

answered on 11-May-22 11:07

Explain the below case law

latest answer

Ok mam tq

Lakki Kamu

Lakki Kamu

CA Final

4K+

5

442