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What should enough for exam point of view

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answered on 30-Apr-22 07:45

Does questions given in icai models..i.e test your knowledge questions and examples illustration is enough?? For exam..

latest answer

If you have completed all the sums solve the difficult sums again. It gives you more confidence.

Madhu Reddy

Madhu Reddy

CA Inter

4K+

4

399

Exam

Direct Taxation

answered on 30-Apr-22 03:20

Can we use short forms of words in exam?

latest answer

No

Sumita Shah

Sumita Shah

CA Inter

2K+

4

403

Clubbing

Direct Taxation

answered on 30-Apr-22 14:05

Can someone please explain how the answer for the question is option B ?

latest answer

No bro , the interest earned 30000 clubbed into pankaj income in the year of investment and income from that interest amount(accretion) is taxable , So Option B correct bro

Sundar Rajan

Sundar Rajan

CA Inter

85

6

429

redemption of debentures

Accountancy

answered on 30-Apr-22 10:25

how do we know wether the interest on DRRI sd b given r not..

latest answer

It would depend on question.

Devi Kiran

Devi Kiran

CA Inter

0

3

404

net income

Direct Taxation

answered on 17-Jun-22 10:17

Mr. R and Mrs. R hold 20% and 30% equity shares in A Ltd. respectively. They are employed in A Ltd. (taxable salary being Rs.2,40,000 p.a. and Rs.3,60,000 p.a. respectively) without any technical or professional qualification. Other incomes of Mr. R and Mrs. R are Rs.70,000 and Rs.1,00,000 respectively. Find out the Net Income of Mr. R and Mrs. R for the AY 2022-23

latest answer

Take suitable assumption. If you assume it is gross taxable salary, then take standard deduction If you assume it is net taxable salary, then ignore

Shanmukh Vemuri

Shanmukh Vemuri

CMA Final

5

11

548

National Income Product Method

Economics

answered on 30-Apr-22 10:29

What does the term intermediate consumption means?

latest answer

Understood Sir, Thank you

Swetha S

Swetha S

CA Inter

15K+

6

433

IND AS 33 EPS

Financial Reporting

answered on 30-Apr-22 10:26

Can any one explain the tax benefit of Rs 2 in this illustration 7

latest answer

When debentures are converted, the entity would save interest - This increases the profit. On increased profit - management gets extra bonus On Bonus - the company gets tax benefit.

Chandu vadla

Chandu vadla

CA Final

11K+

1

579

Mcq

Auditing

answered on 01-May-22 22:12

How it should b answer is d??

latest answer

Thankyou so much mam

Sathiya Bama

Sathiya Bama

CA Final

24K+

6

454

Scope of income

Direct Taxation

answered on 29-Apr-22 20:36

Why in q. 9 fees rendered to shine Ltd added in income of Mr.aushotsh (RandOR). How can a payment be a income

latest answer

You're welcome!

Harsh Mittal

Harsh Mittal

CA Final

1K+

5

436

Capital Gain

Direct Taxation

answered on 02-May-22 22:44

How in question 6 Mr. Suraj will have STCG of rs.11 lakhs and no IFOS income of rs.7 lakhs. As well his COA should be rs.7 lakhs as sec.49(4) so STCG in hands of Mr. Suraj should be rs. 54 lakhs

latest answer

Ok mam. Thank you mam

Harsh Mittal

Harsh Mittal

CA Final

1K+

10

531