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AS 22
Accountancy
answered on 01-Dec-21 21:42
Why is there no timing difference in the third year?
latest answer
Thank you sir !
krishna prasanthi
CA Final
★ 13K+
2
462
EXEMPT INCOME u/s 10
Direct Taxation
answered on 01-Dec-21 17:22
Any expense incurred in relation to exempt income , that incurred expenses exempt?
latest answer
Means we can either choose only one deduction or exempt ok got it, thank you :)
I aM DeV
CA Inter
★ 4K+
2
524
Topper
Exams
answered on 02-Dec-21 14:38
Someone have toppers answer sheet?
latest answer
Thank you ð???
Gopal Garg
CFA L1
★ 5K+
6
2K+
Ratios
Financial Management
answered on 02-Dec-21 10:53
In the given illustration, payables should be treated as a long term debt for calculating capital employed but given solution has treated it as a trade creditors ( short term debt)!!! Isn't it fundamentally wrong?? Because capital employed = equity* + long term debt....
latest answer
Where is the word capital employed used in the question or solution? It only talks of Total assets and total liabilities. Current liabilities can be shown as part of liabilities or reduced from CA and shown as part of NWC on assets side.
Vivek shukla
CA Inter
★ 8K+
4
514
Negotiable Instruments
Corporate & Other Laws
answered on 02-Dec-21 07:13
Please help me to find out video of Drawer become bankrupt and payment is not made
latest answer
Bank has to pay only when the cheque is presented for payment within reasonable time & at the time of presentment, there is sufficient balance in the account of the drawer
Gayathri K V
CA Inter
★ 13K+
2
459
Ifos
Direct Taxation
answered on 01-Dec-21 15:54
tax audit applicable 5cr of revenue but in que the revenue didn't exceed 5cr so y tax audit is required..please answer
latest answer
Thanks!
Kumar padma
CA Inter
★ 3K+
2
490
Conversion - Exam related Query
Exams
answered on 06-Dec-21 02:18
Hi . I have applied for CA final December 2021 exams under "old syllabus" for both groups. But unfortunately I didn't get leaves from my company since I am into full time employment. So I will appear only for group 1 instead of both groups and get converted into new syllabus for second group after results are out. Now the question is ...for converting from old to new they have asked to upload the marksheet. Will it be fine if I upload my December 2021 attempt's marksheet in which I will be shown fully present for all 4 papers of group 1 but absent for groups 2. Will it cause any problems ? At the end they just want a marksheet...so I suppose it shouldn't matter much whether I have appeared for both or either of the group. Anyone any idea or inputs on this
latest answer
Thank you soooooo much. All this happened because of confusion created by ICAI. Firstly they didn't announce that old syllabus extension will be granted to all students instead of only for those who opted out in July 2021 exams. As a result all those old syllabus students who had both groups pending ( approx 4000 students) applied for both groups instead of going single group wise on the fear of being last attempt. And then institute took out 1.5% paas percentage of both groups ( only 64 students passed out of approximately 3900). Extension for all old syllabus students was granted at a very later date. Many people applied for conversion due to this confusion. Even I had applied...but fortunately didn't pay conversion fee because I got confused in this uploading of marksheet....so it's still showing under pending status on SSP portal. Then after ICAI announced extension for all old syllabus students... I applied for exam form under old syllabus with conversion application still pending.
Sohan Joshi
CA Final
★ 10
2
636
MTP
Direct Taxation
answered on 01-Dec-21 17:26
Can someone please share detailed solutions for tax Oct mtp
latest answer
Try to solve it. Share your workings. We will help with it.
Srinidhi Vinod
CA Inter
★ 0
3
659
Law
Corporate & Other Laws
answered on 02-Dec-21 07:18
A contract for service will it come under Indian contract act or SOGA
latest answer
Every contract is subject to the provisions of Indian Contract Act. Also, Sale of Good Act deals with Good ( & definition of good is given in the Act) & not with services
Dhakshana Dhakshana
CFA L2
★ 18K+
1
457
Opc
Corporate & Other Laws
answered on 01-Dec-21 19:45
Can opc convert into any company? Mca cancelled the restriction which means .it can convert into any company.
latest answer
https://youtu.be/diRzxr7a670 Pls go through the amendments.
Prasanna Venkatesan
CA Final
★ 3K+
3
596