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Study material
Corporate & Other Laws
answered on 29-Apr-22 19:59
I have October 2020 edition of study material. What will be the changes in September 2021 edition? If I go through the amendments of Nov 21, is it enough?
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Use free resources notes also
Nivedha Balaji
CA Final
★ 9K+
3
437
Tax invoice
Indirect Taxation
answered on 29-Apr-22 13:06
Sec 31(3)(f)if any reg. Person receives good/service/both covered under section 9(3)or(4)and supplier is un reg.. person Then such recipient shall issue an invoice.. And my question is wt if *supplier is registered* person same situation as above mentioned case...
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If transaction is covered under RCM then recipient is liable to pay tax. Further, supplier is unreigstered then recipient has to raise invoice.
Madhu Reddy
CA Inter
★ 4K+
2
621
Cash flow statement doubt
Accountancy
answered on 28-Apr-22 15:04
Goodwill / patent /trademark/copyright comes under which activity
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If there is any sales or purchases of these intangible assets, will take place in investing activities. Amortization, being non cash item, should be shown in operating activity as adjustment (indirect method)
Remya Raveendran
CA Inter
★ 270
1
422
Law
Corporate & Other Laws
answered on 28-Apr-22 12:06
There are hell number of provisions relating to IFSC public companies..., As an exceptions.. Is it that much important to remember as exam point of view.....??
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If exceptions are not considered, then the provisions of any section will not be complete Sometimes question might be tricky to give - all relevant conditions of a section but the entity referred in question could be private company which is exempted, then your answer will be wrong as you didnt know the exception It is always preferable to learn the whole section including exception, as these will be relevant for final too
Divya K
CA Inter
★ 885
1
392
Set off &Carry forward Chapter
Direct Taxation
answered on 28-Apr-22 17:59
Can Loss from normal business be set off against - 1) Casual Income(Winnings, Lottery, betting, etc..)? 2) Owning and maintaining Race Horses?
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Please see
Bharath Rock
CA Final
★ 2K+
7
540
Business level strategy
Strategic Management
answered on 28-Apr-22 10:28
What is the meaning of 3rd line
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The industry leader may be able to communicate to others (competitor) when number of players in market are less. When number of players (competitors) in market are more, it is difficult to co-ordinate and communicate.
Sumita Shah
CA Inter
★ 2K+
1
461
Clarification
Exams
answered on 28-Apr-22 10:33
Due to personal issues and health issues I was unable to focus on studies effectively and effectively. Now I am better than before. My attempt is in Nov 2022. I wish to appear for both the groups. Is it possible to study both the groups within 6 months. Can you please suggest me and give tips. Itâ??s my kind request.
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Okay Sirâ?¦.Thank you
Swetha S
CA Inter
★ 15K+
7
486
Weighted Average Method
Costing
answered on 28-Apr-22 11:49
Calculating the valuation of stock under the weighted average method, can it be done only at the end of year?? because the average price is calculated on whole of the purchase and issue, is it so???
latest answer
(1000*10+500*8)/1500=9.33
Priya dharshini
CA Inter
★ 1K+
5
451
Employee Stock Option Plan
Accountancy
answered on 28-Apr-22 11:03
In Study Material Illustration problems (Illustration no. 5 and 6), 2 different approaches are taken regarding recognizing the employee compensation expenses amount. In Ilst. 5, Amount of expense recognized for year 3 is based on the formula: Fair value of options(active options)/Total number of years. In Ilst. 6, Amount of expense recognized in year 2 is by formula: Fair value of options(active options) for proportionate period - cumulative Amount of expenses till previous year. Can I apply the 2nd approach for all situations or is it approach specific?
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Thank you very much Sir. ICAI itself has confused by giving 2 approaches. Thanks for this help.
Rama Sesha Gopal
CA Final
★ 11K+
2
686
Treasury and cash mgmt
Financial Management
answered on 28-Apr-22 10:23
Is this question part of new syllabus ????????
latest answer
It is RTP Nov 2014 question old syllabus. The same concept can be tested from chapter 10, unit 2 - Treasury and cash management
PANTH PANCHOLI
CA Inter
★ 4K+
1
473