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Surety
Corporate & Other Laws
answered on 28-Mar-22 14:21
If there are 3 co-sureties X,Y,Z agreed in ratio 5:3:2 towards debt of 10,000 by A to B. B discharges Y Doubt: Now what is the ratio of X and Z
latest answer
Thank you mam
Harish G
CA Inter
★ 2K+
2
422
Small doubt.......
Accountancy
answered on 28-Mar-22 09:34
Can anyone say....pls....... Journal is recorded as per chronological order that means=date wise........ Ledger is recorded as per analytical order that means what.....?????????
latest answer
Thanks mam and all of you.....
Balachandar S
CA Inter
★ 59K+
7
489
RECTIFICATION OF NAME OF COMPANY [SECTION 16]
Corporate & Other Laws
answered on 28-Mar-22 10:11
ma'am why the company need to adopt an Ordinary Resolution in sec 16 (1) (a) ? 1. The CG directed the company to change the name (that the company need mandatorily change the name ? ) 2.If in the Ordinary Resolution the vote cast in favour is less than 50% , then the company need to change the name as per sec 16(1)(a) ? can company do so ? If no then why the company need to conduct an ordinary resolution for the purpose .
latest answer
Thanks ma'am Doubt cleared
Muhammed Salih
CA Inter
★ 18K+
2
477
Revocation of contract of guarantee by notice
Corporate & Other Laws
answered on 27-Mar-22 22:27
Whether specific guarantee can also be revoked by surety by giving notice?
latest answer
Thank you sir
Nivedha Balaji
CA Final
★ 9K+
2
375
Concept of money supply unit 2
Economics
answered on 27-Mar-22 21:51
In this sum while calculating M1 why other deposits with reserve bank is not taken?
latest answer
Oh ok got it thanks a lot ð???
V U Lakshmi
CA Final
★ 0
2
403
GST TURNOVER
Indirect Taxation
answered on 28-Mar-22 09:53
In case of Government contracts, w/h contract amount is considered as turnover? Example suppose i got a govt contract of to build one building for goverment for 60laks.is turnover is 60laks
latest answer
Yes The Works Contracts has been defined in Section 2(119) of the CGST Act, 2017 as â??works contractâ?? means a contract for building, construction, fabrication, completion, erection, installation, fitting out, improvement, modification, repair, maintenance, renovation, alteration or commissioning of any immovable property wherein transfer of property in goods (whether as goods or in some other form) is involved in the execution of such contract.â?? As per Para 6 (a) of Schedule II to the CGST Act, 2017, works contracts as defined in section 2(119) of the CGST Act, 2017 shall be treated as a supply of services.
manohar reddy
CA Final
★ 710
2
505
GST TURNOVER
Indirect Taxation
answered on 28-Mar-22 10:00
Is government grant part of turnover
latest answer
As per valuation rules, subsidy from CG or SG is not considered in determining value of supply However, for aggregate turnover as per strict interpretation answer is Yes. Aggregate turnover covers all taxable, exempt, inter state and exports on All India basis under same PAN. Trust this clarifies !
manohar reddy
CA Final
★ 710
1
438
Audit of items of FS
Auditing
answered on 28-Mar-22 03:23
Does anyone have handwritten notes of this chapter from Indigolearn lectures ??
latest answer
Kindly plzz provide ð???
Harshini Magesh
CA Final
★ 710
1
508
Customs & Refund Chapter Notes
Indirect Taxation
answered on 28-Mar-22 16:26
Dear Team, Where can i find notes of Customs and Refund Chapter in GST
latest answer
Available in Notes under free resources. (Refer pg 198) Chapter wise notes will be made available soon
rajat khndelwal
CA Final
★ 860
7
601
Time of supply - 12(4) --- TDS in case of vouchers
Indirect Taxation
answered on 28-Mar-22 20:24
In case of where supply is identifiable ----- time of supply is "date of issue of voucher". Let us assume time of supply be 10th January & By 20th of February, GST has to be paid to the Government. Doubt: In this case, what if the voucher is not redeemed?
latest answer
Thank you
Girinath A
CA Inter
★ 765
5
494