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Legal services

Indirect Taxation

answered on 10-Nov-21 18:19

Legal services received by mr.sushrut a senior advocate,from m/s tatva trading company having turnover of 50 lakhs in preceding f.y Who is liable to pay tax??

latest answer

Legal service is taxable only when receiver is a business entity and moreover receiver turnover should exceed the threshold limit for registration.

Lakki Kamu

Lakki Kamu

CA Final

4K+

5

580

Retifiaction of error

Accountancy

answered on 09-Nov-21 13:03

Icai material illustrations, practical problems cheppaledhuu sir

latest answer

We have included the Illustrations that are comprehensive. The others you should be able to practice after completing the module. For any doubts, you can always reach out here

Rupendra akash Parisa

Rupendra akash Parisa

CA Foundation

0

3

559

accounts easy study method

Accountancy

answered on 11-Nov-21 03:54

im from non commerce background can't understand accounts . what should i do now to increase concentration in accounts

latest answer

I am also from non commerce Background First understand concepts in each chapter thoroughly and then practice illustrations and practical problems which is given in material But understanding concepts will take some time because it is very new to every non commerce background students After understanding concepts it will be easy to solve problems

Jeevitha Dhamu

Jeevitha Dhamu

CA Foundation

2K+

3

523

Bank audit

Auditing

answered on 09-Nov-21 12:18

For example if client is Rice store then stock audit refers to count of rice bags.Similarly if client business textiles then stocks audit means related to stocks. My doubt is If it is bank then stock audit in bank means .?

latest answer

Ok sir

Surya Prakash

Surya Prakash

CA Final

19K+

5

623

Probability

Maths & Stats

answered on 09-Nov-21 11:37

In the given question probability that the target would be hit once they both try will be P(AnB) or P(AnB)?

latest answer

P(AuB)

Vinay Purohit

Vinay Purohit

CA Foundation

625

2

640

Statistical Description of Data

Maths & Stats

answered on 21-Nov-21 14:41

What are the right options for these two questions ? Please reply. I have doubt.

latest answer

Same.

Aditya Birla

Aditya Birla

CBSE XI

4K+

7

642

Mock test

Others

answered on 09-Nov-21 10:38

Till when can we submit mock test paper?

latest answer

15 days before the exam

Priyanka Udeshi

Priyanka Udeshi

CFA L1

14K+

1

532

Exams

Others

answered on 09-Nov-21 07:35

I have registered for both groups but filled the exam form for 1st group in Nov21 in the idea of appearing in May22 for 2nd group ..even if I clear in both groups will it be considered as 2 attempts?

latest answer

Ok sir.. Thank you

Pushkala S

Pushkala S

CA Final

3K+

2

487

Consignment

Accountancy

answered on 12-Nov-21 08:46

On 1.1.2015, Amar Mills of Calcutta consigned 5,000 Kg of oil to Vijay Stores of Madras. Each Kg of oil costs 8. Amar Mills paid 50 as carriage, 250 as freight and 200 as insurance. During transit, 500 Kg were accidentally destroyed for which the Insurance company paid directly to consignor 2,500 in full settlement of the claim. On 1.4.2015, Vijay Stores of Madras reported that 3,500 Kg of oil were sold @ 9.50 per Kg. and expenses being Godown rent 500 and salesman's salary 750. Vijay Stores is entitled to a 5% commission on sales. Vijay Stores also reported a loss of 20 Kg due to leakage. Show (i) Consignment to Madras Account; (ii) Vijay Stores Account (iii) Consignment Stock Account in the books of the consignor.

latest answer

What's your question in this

Sai Gayatri

Sai Gayatri

CA Foundation

0

2

693

Test of details

Auditing

answered on 08-Nov-21 23:13

Application of assertion on a particular financial statement items is called as test of details am I right???

latest answer

Ok able to understand it

Vignesh Hari Krishnaa Karthigayan

Vignesh Hari Krishnaa Karthigayan

CA Inter

5

2

521