Forums
Marginal costing
Costing
answered on 20-Apr-22 11:15
Sir is this cal mistake
latest answer
First calculate total cost then the total cost is reduced from sales Then it will perfect Here total cost is 220000-60000-4000+124000=280000 Total sales=320000 Total sales -total cost 320000-280000=40000
Pandusml V
CA Final
★ 4K+
6
543
TDS
Direct Taxation
answered on 20-Apr-22 11:07
Explain Difference between 194 iA and 194 LA
latest answer
194-IA deals with transfer of immovable property other than through compulsory acquisition 194 LA - Payment of compensation on compulsory acquisition.
Mr M
CA Final
★ 3K+
1
427
Bad debts
Costing
answered on 19-Apr-22 18:53
Will bad debts appear in cost sheet?Give valid reason.
latest answer
No. Bad debts will not be shown in Cost Sheet. This is because, they are pure financial items. They will be written only in Financial books. Here are few other examples of the same
Naren
CA Inter
★ 90K+
1
397
Contract of Guarantee
Corporate & Other Laws
answered on 21-Apr-22 08:30
Example 25 A guarantees for the misconduct of B. Why is A discharged ?
latest answer
Okay
Swetha S
CA Inter
★ 15K+
2
401
Value of supply
Indirect Taxation
answered on 19-Apr-22 16:14
Whether in the attached question, discount of 2% to be calculated on Rs.30,000/- or Rs.25,000/- (I.e.)on price after reducing subsidy from State Goverment.
latest answer
Thank you madam
Nivedha Balaji
CA Final
★ 9K+
2
407
Capital gains
Direct Taxation
answered on 05-May-22 20:58
Long term capital gain under sec 112A - is 1 lakh deducted in total income or it is deducted only for tax computation purpose?
latest answer
The tax rate is 10% above a threshold exemption of Rs 1 lakh. This means the long-term capital gains covered under section 112A are not taxable up to Rs 1 lakh per financial year. The gains exceeding Rs 1 lakh are liable to tax at 10% plus education cess and applicable surcharge. This means the total income includes the Income under S.112A and only for the taxation purpose the exemptions are given.
Pavithra G
CA Final
★ 780
2
417
Mentorship
Others
answered on 19-Apr-22 16:09
How to enroll in mentor ship program
latest answer
Ok sir
N K
CA Inter
★ 5
7
423
As -11 foreign exchange rate (forward contract)
Accountancy
answered on 20-Apr-22 18:23
Is my answer correct for the qn? What is the treatment for the rate of March 2018. 63 Exchange rate shall be recognised to the pand l account in the reporting period in which exchange rate changes- what is meant this ( in forward contrat) Please kindly look into this
latest answer
Thank you sir
Subash Chandrabose
CA Final
★ 32K+
2
598
Basic
Direct Taxation
answered on 19-Apr-22 11:23
What is applicability income for surcharge,rebate Whether it is gross total income or net total income And when benefit of unexhausted basic exemption limit arises i.e which income to be consider Gross or net income Please give me clarity on above
latest answer
https://www.youtube.com/watch?v=R_5sCbZ9LnU Check this
Lakki Kamu
CA Final
★ 4K+
1
416
Indian Contract Act
Corporate & Other Laws
answered on 19-Apr-22 16:25
Sec 132 Mr.A & Mr.B enters into a contract with Mr.C to undertake liability. Mr.A & Mr.B separately enters into a contract stating that each other will be liable only on the default of other. That Mr.A as Surety for Mr.B and vice versa. Mr.C is aware of the separate contract. Here,Mr.C cannot suit Mr.A is case of default as he is not a party to the contract. Am I right? Is this the provision of Sec 132
latest answer
Mam
Swetha S
CA Inter
★ 15K+
3
519