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SEC - 69D
Direct Taxation
answered on 03-May-22 12:04
the term HUNDI means ?
latest answer
A Hundi is a financial instrument written in an oriental (vernacular) language. It is an unconditional order in writing made by a person directing another to pay a certain sum of money to a person named in the order. Hundis, being a part of the informal system have no legal status and are not covered under the Negotiable Instruments Act, 1881.
Shanmukh Vemuri
CMA Final
★ 5
1
829
Small companies
Corporate & Other Laws
answered on 03-May-22 17:39
Is this is the applicable definition for small company for may 22 attempt...?
latest answer
Ok thank you
Sri kanaga Varshini
CA Final
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2
399
Investment Accounts
Accountancy
answered on 03-May-22 21:20
For Scrip : Equity shares closing balance of 6000 shares the Cost arrived as a Balancing figure , but if tried to arrive cost under Average cost method the difference arises ? Someone pls explain the reason behind
latest answer
Thanks for the answer bro Clear now
Sundar Rajan
CA Inter
★ 85
13
448
Ratio
Maths & Stats
answered on 03-May-22 13:45
Please solve my doubt. How to solve this question?
latest answer
Try by multiplying and dividing by 3 power x minus 3 power a
Jitendra Kumar
CA Final
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1
447
Classification of companies
Corporate & Other Laws
answered on 03-May-22 14:49
Here what is company in point (c) Which type of companies it means
latest answer
The Government, on 17 March 2020, introduced the Companies(Amendment) Bill, 2020 (Bill) in the Lok Sabha, which, among aseries of changes to the Companies Act, 2013 (Companies Act),includes provisions that provide for Indian companies to list securities directly on overseas stock exchanges. Example - a company may list its shares through a public offering on the stock exchanges of the United States, inviting American investors to subscribe to its shares, or through 'direct listing', by merely joining a stock exchange without raising capital. Which route a company opts for depends on its particular circumstances
Subramanyam N
CA Inter
★ 6K+
5
481
Capital gain
Direct Taxation
answered on 05-May-22 13:12
Listed co share will be LTCG after 12 months and same is replaced by 24 months in case of unlisted co. Then we will look either at the time of purchase of share or at the time of selling share that co. Is listed or unlisted? It means if we bought unlisted co share and after it will become listed co then when shares taxable as LTCG?
latest answer
Advance taxed as IFOS - Sec 56(2)(ix)
Sumita Shah
CA Inter
★ 2K+
6
464
Sft filing
Others
answered on 05-May-22 11:50
Sir this is a practical doubt related to my articleship work. how to file sft(statmnt of financial transaction) Its due date is 31st may. How to identify the clients for whom this is applicable
latest answer
Regret we cannot provide responses to such queries - request you to check with your principal
Sajan Gangadharan
CA Final
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1
389
Company accounts
Accountancy
answered on 04-May-22 22:51
Journal entries for company accounts. Eg- Bank ac To sh application Sh application To sh capital Here to understand these entries logically ( traditional method). Is share application and share capital nominal accounts?
latest answer
Share Application or share allotment or Share capital A/c all are personal accounts as they represent money from the shareholders and when money is due, these are to be debited because of the rule "Debit the receiver".
Chris Topher
CA Foundation
★ 5
1
394
Negotiable Instruments Act, 1881
Corporate & Other Laws
answered on 04-May-22 16:33
What is the meaning of this?
latest answer
Ok Ma'am thankyou
Harsh Mittal
CA Final
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5
688
2 sector economy
Economics
answered on 02-May-22 20:46
C+S represents Aggregate Supply C + I represents Aggregate Demand C is the consumption curve S is the savings curve I is the Investment curve (itâ??s assumed to be constant) At the point E AD = AS & I = S it represents the equilibrium level of income. When income increase at point B (AS>AD) When income decreases at point A (AD>AS) Are these points sufficient for explanation?
latest answer
For diagram explanation it would be sufficient
Swetha S
CA Inter
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1
492