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Amalgamation of companies
Accountancy
answered on 18-Apr-22 20:12
Why in this sum pc is calculated on net assets method
latest answer
Thank you sir
Miradevi S
CA Final
★ 16K+
2
579
Loss due to liquidation
Accountancy
answered on 18-Apr-22 19:55
In this problem they calculated loss as 59lakhs but how did that came !
latest answer
Thank you
Kumar G
CA Final
★ 12K+
2
455
Income from ho
Direct Taxation
answered on 27-Apr-22 19:45
If the property is vacant for a whole year& it is not self-occupied since already 2 propert has been considered as self-occupied then GAV is NIL due to actul rent is less than ER since owing to loss of vaccancy
latest answer
Third house property is treated as deemed let out property. 1. Calculate reasonable expected rent. 2. Actual rent is NIL. Actual rent is less than reasonably expected rent not because of vacancy. Because, even though the property is not vacant, actual rent is zero as it is self occupied. So, in this situation, take reasonably expected rent as GAV. If let out property is vacant (not because of deemed let out) for whole year, then take GAV as Zero.
Sumita Shah
CA Inter
★ 2K+
7
456
MTP
Exams
answered on 19-Apr-22 16:18
Whether MTP released for may22 ? For me , icai website shows only nov 21 MTP both series
latest answer
Welcome
Sathiya Bama
CA Final
★ 24K+
15
650
Income from hp
Direct Taxation
answered on 19-Apr-22 10:19
What is the meaning of point(b)
latest answer
Owner does not only mean legal owner. It can be beneficial owner also. List of beneficial owners are given in Section 27.
Sumita Shah
CA Inter
★ 2K+
3
477
Ca inter Advanced accounts
Accountancy
answered on 18-Apr-22 18:58
Underwriting of shares and debentures applicable for may 2022 exams? because it not included in icai syllabus but included in indigolearn course.
latest answer
There are some questions where ICAI has asked about underwriting
Pihu Jain
CA Inter
★ 3K+
1
382
retirement of partner
Accountancy
answered on 21-Apr-22 09:36
why is the amount bought by the partners debited instead of being credited in their capital acc as they bought additional capital
latest answer
What is the query
s srinivas
CA Foundation
★ 2K+
3
398
Professional ethics chapter
Auditing
answered on 18-Apr-22 17:32
First schedule part 3 clause 2 tells about not providing information called for Second schedule part 2 clause 3 tells about providing information which is false But while studying illustration Both the schedule have common illustration The illustration no 24 for first schedule pg no.18.83 Despite of reminders the CA did not answer to the institute letter Pg. No 18.111 for second schedule last second para also has same example
latest answer
It would not fall into providing false/incorrect information.
Nikhila S
CA Final
★ 0
1
455
Query
Corporate & Other Laws
answered on 18-Apr-22 17:39
Kindly let me know Is there any quick revision notes for corporate law For one day before exam
latest answer
Please make your own notes do not use other people's notes - create your own shortnotes
Ashfaq Ahmed
CA Final
★ 24K+
1
334
Entry for asset purchases by brother..on business name
Accountancy
answered on 22-Apr-22 19:53
What shall be the entry in our books? Because our Cash or bank is not affected? Is it asset dr. To capital?as it increases our networth so we credit capital?
latest answer
Generally accepted principal
vasabattula abhinav
CA Final
★ 85
11
511