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Doubt
Maths & Stats
answered on 14-Feb-22 14:02
Sir for 5th question I am getting answer as 889.90 but they have given answer as 688.50 which one is correct sir Can you please clarify my doubt sir
latest answer
Amount = P(1+R/200)^2xn
sai t
CA Foundation
★ 2K+
2
465
DISCOUNTING PAYBACK PERIOD
Financial Management
answered on 17-Feb-22 12:15
while teaching sir said in discounting payback period show PV of salvage as seprate, because salvage received at end of the year. But my question is, we calculating PVCI as considering as end of the year of the respective year. Therefore, why we aren't clubbing pv of CI and salvage value eventhough both are at end of the years perspective..
latest answer
Salvage value will be received at the end of the year that is only when the machine is sold. For precise calculation of discounted pay back period (to arrive at months) we assume that cashflows occur evenly through out the year.
Balaji R
CA Final
★ 20K+
2
559
Doubt in BRS
Accountancy
answered on 13-Feb-22 19:08
Cheques issued but not presented to bank Overdraft As per Cash book - Favourable As per pass book - Overdraft As per Cash book + Favourable As per pass book + My question When we add amount to overdraft Can overdraft amount can reduce ? I am right or wrong
latest answer
It's like favorable cash book and unfavorable pass book have same treatment and vice versa
Rishi Kumar
CMA Inter
★ 6K+
4
736
Tax collected at source
Direct Taxation
answered on 14-Feb-22 14:57
Can anyone explain this question
latest answer
Buyer, Subhash has less than Rs.10 crores turnover in financial year immediately preceding the financial year though purchase value from single resident seller is more than Rs.50 lakhs thus doenst fall under 194Q
Chaya Thakur
CA Inter
★ 12K+
2
477
Registration
Indirect Taxation
answered on 14-Feb-22 10:25
This exemption for what .. plz any one explain in detail
latest answer
When the aggregate turn over of a person engaged in goods supply exceeds 40 lacs he has to get registered under GST. Exemption mentioned here is just opposite of 40 lacs limit. So if the turnover is below 40 lacs he is exempted from registration requirement. And exceptions to the this exemption from registration were mentioned.
Kruthika Ramesh
CA Inter
★ 650
1
693
SCMPE CLASSES
Others
answered on 14-Feb-22 20:26
Sir, Are u releasing SCMPE Class for CA Final ? If so when is it releasing ?
latest answer
Okay sir
Swathi Krishna
CA Final
★ 8K+
4
571
NGO Creation
Corporate & Other Laws
answered on 12-Feb-22 15:43
We have reserved name of company for incorporation but could not be finally submitted the part b form within the time. Can we make still further submitted the form as form is still available to download.
latest answer
Hi, pls check with practicing CA / CS for such matters.
Neelam Pal
Qualified CA
★ 0
1
470
Incidence of tax
Direct Taxation
answered on 22-Feb-22 23:49
Salary recived in New york From an indian co. Situated there
latest answer
ACQUIRED OUTSIDE INDIA AND ALSO RECEIVED OUTSIDE INDIA
Shru Kanda
CA Inter
★ 610
2
505
Clubbing of Income
Direct Taxation
answered on 15-Feb-22 10:49
So if any gift is transferred by husband to a firm in which Wife is a partner, income is not clubbed? In this case, ultimately income is not clubbed in the hands of Mr. F because Section 64 is not applicable?
latest answer
Okay Thank you
Saniya Mary Stanly
CA Final
★ 10
2
589
Residential status
Direct Taxation
answered on 15-Feb-22 10:32
How to identify which condition to choose wether 182 days or more.. Or 120 days in py and 365 days in 4 preceding py.. If no amount is mentioned
latest answer
Take suitable assumption if the amount is not mentioned in the question. Specify the assumption while solving.
Shru Kanda
CA Inter
★ 610
3
494