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Adv accounts - banking chp

Accountancy

answered on 21-Oct-21 13:29

Is cash reserve ratio 3% + 18% Or 4% +19 % ? For dec 21 exam.

latest answer

Thanks sir.

Logesh Warran

Logesh Warran

CA Final

4K+

8

621

Doubt

Financial Management

answered on 20-Oct-21 13:48

In this question please explain the meaning of the marked line (refer below image) Also can the company use depreciation as per tax rules in books

latest answer

In case of company, depreciation rate should be charged as per rate prescribed in Companies Act but while computing income tax payable, depreciation rate should be charged as per rate prescribed in Income Tax Act.

Sri kanaga Varshini

Sri kanaga Varshini

CA Final

3K+

2

540

Cha.....no 02

Corporate & Other Laws

answered on 20-Oct-21 11:41

what is constructive delivery with understanding laymans example pls

latest answer

Ok mam got it

Bala Chandar

Bala Chandar

CA Final

5K+

5

511

62nd sum

Maths & Stats

answered on 19-Oct-21 23:43

Please solve the 62 sum detail

latest answer

:)

Dhakshana Dhakshana

Dhakshana Dhakshana

CFA L2

18K+

5

541

Capital gains

Direct Taxation

answered on 20-Oct-21 11:43

Please tell me under which section it falls and also mention steps how to do that prblm Dates mentioned in the prblm are 16 -7-2020. ,14-7-20, 31-7-21, 31-8-21 respectively

latest answer

Calculate long term capital gains on sale of ornaments. Take benefit of Section 54F as the assessee constructed house property with the capital gains.

Lakki Kamu

Lakki Kamu

CA Final

4K+

1

520

Sale of goods act

Corporate & Other Laws

answered on 20-Oct-21 11:50

Explain 3rd topic

latest answer

It means a practice or method of dealing that is observed in that place or trade. For example by usage of trade, it might so happen that hot watter bottle when purchased must not burst at a certain temperature.

Sumita Shah

Sumita Shah

CA Inter

2K+

6

531

Sale of goods act

Corporate & Other Laws

answered on 19-Oct-21 15:41

What is the meaning of first paragraph?

latest answer

Goods must be of such a quality which a normal person would buy

Sumita Shah

Sumita Shah

CA Inter

2K+

1

520

Sa 220 and sa 299. Doubt

Auditing

answered on 20-Oct-21 13:54

In sa 299 it says.. that auditor need not to review the work But In sa 220 it says that an auditor must review the work....

latest answer

Accha... Tk... I can understand it...

Vignesh Hari Krishnaa Karthigayan

Vignesh Hari Krishnaa Karthigayan

CA Inter

5

4

744

ITC?paying to one govt..claim ITC in one govt??

Financial Management

answered on 19-Oct-21 15:40

Sir In practical cases..where if we go out for business trip..for example..I am andhra pradesh registered person..went to telengana business trip..and in some cases they charge cgst&sgst(Telangana)..and I'm eligible for taking itc..but by taking input tax credit I'm reducing the liability of sgst(andhra pradesh)...paying tax to one govt and claiming input in one govt is it fair to do like this sir?

latest answer

You cannot use SGST/CGST arising in one state as Input tax iin another state.

vasabattula abhinav

vasabattula abhinav

CA Final

85

1

549

Departmental accounts

Accountancy

answered on 20-Oct-21 12:24

L25 time 3:42 why did sir write -1000 near closing stock?

latest answer

As 1000 was marked down on 5000 stock Check point (3) of question

Alan Roy

Alan Roy

CA Inter

0

1

521