Forums
Insurance claim
Accountancy
answered on 16-Mar-22 22:29
In this I am getting closing stock in negative can some one tell how to solve
latest answer
Ok
Pandusml V
CA Final
★ 4K+
7
494
Doubt
Corporate & Other Laws
answered on 21-Mar-22 13:05
Answer for this question ( refer below image) is option b I couldn't understand how right to catch fish and doors and windows of the house are immovable property...? Pls clarify...
latest answer
Right to drain water is an easement right (an easement or servitude by which one man has a right to convey water in pipes through or over the estate of another) and not a right to property For e.g a neighbour can make drain water pipes pass over the adjacent land. This for ease of dwelling.
Sri kanaga Varshini
CA Final
★ 3K+
4
1K+
Equation
Maths & Stats
answered on 16-Mar-22 13:24
How can they assume it is 4(N-L)²>0 as they didn't say the nature is real or distinct
latest answer
Yes sir both 4 and (N-L)²is perfect square so real, rational and distinct and my assumption for 2,2 is not possible. Thanks a lot sir
Sugam SM
CA Final
★ 9K+
7
663
Insurance claim for stock
Accountancy
answered on 17-Mar-22 10:24
In july 2021 Question paper, why they not taken cost price of stock for abnormal item. They have taken reduced value. In book, they have taken cost price. But, why following different approach for this sum? Anyone
latest answer
Cost of abnormal item which is included in opening stock is only 13000 Total cost is 20000 but 7000 already written off
vs navin
CA Final
★ 1K+
1
505
As 5
Accountancy
answered on 16-Mar-22 12:50
In question 2.5 for year ended 2007 the insurance claim is still an contingent asset ,how can it be considered as an extra ordinary activity for that year.It is received only during 2008 so the entry will be passed only when such claim is received
latest answer
Please post a clear picture
pradyumna hariramani
CA Inter
★ 290
1
451
Doubt
Accountancy
answered on 21-Mar-22 10:56
Why legislative changes having long retrospective application is ordinary activity.What does it mean exactly?
latest answer
For e.g few income tax provisions are made applicable retrospective. The impact of same is considered to be an ordinary activity.
pradyumna hariramani
CA Inter
★ 290
3
422
Capital gains
Direct Taxation
answered on 15-Mar-22 21:29
In the below prblm what is the SDV if not satisfied above conditions mentioned in the question whether it is on registration process date or handover date
latest answer
As 20 %received through account payee cheque we take SDV AS ON AGREEMENT DATE and but generally I mean not received through account payee cheque etc we take SDV ON REGISTRATION DATE
Lakki Kamu
CA Final
★ 4K+
1
543
Undue influence
Corporate & Other Laws
answered on 16-Mar-22 07:05
Please explain example 12 in layman's language. I don't understand who got debt, who has pay and all.
latest answer
Understood sis.
Vijay K
CA Inter
★ 9K+
2
476
Composition scheme
Indirect Taxation
answered on 17-Mar-22 08:44
Can someone help me by checking whether I am correct or wrong in the solution part that I have written? PDF attached below.
latest answer
Thank you so much
Girinath A
CA Inter
★ 765
3
564
Liquidation of companies illustration 2
Accountancy
answered on 21-Mar-22 10:52
Im not able to understand this mainly that balance part
latest answer
Security is 100000 so balance 25000 is unsecured.
Ashwathi selvanathan
CA Inter
★ 2K+
2
427