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Holding and subsidiary Doubt
Corporate & Other Laws
answered on 26-Sep-21 08:10
What's the answer to this question Can you please explain
latest answer
Option B. JBR Limited is subsidiary of JPR Limited. As per Sec 2(87), subsidiary company in relation to holding company, means a company in which holding company 1. Controls the composition of the Board of Directors; or 2. Exercises or controls more than one-half of the total voting power either at its own or together with one or more of its subsidiary companies. Here, subsidiaries of JPR Limted hold 30% each in JBR Limited, while JPR itself holds 20% which totals to 80%.
Remya Raveendran
CA Inter
★ 270
1
508
question paper query
Costing
answered on 25-Sep-21 12:11
in the first compulsory question, is there a fixed pattern from which chapters the questions might come like we have in accounts or is it at random from any chapters?
latest answer
Ok thanks
Vaibhav Gupta
CA Final
★ 18K+
2
601
Minor
Corporate & Other Laws
answered on 28-Sep-21 00:26
Can he ?
latest answer
He can recover money from pramod as the contract with minor is void he will placed as principal debtor
Siri S
CS Executive
★ 1K+
3
529
Companies Act, 2013
Corporate & Other Laws
answered on 25-Sep-21 14:23
An act which is ultravires the directors, but intravires the company can be ratified by special resolution or ordinary resoultion?
latest answer
Ok mam tq
Sibi Srinivasan
CA Final
★ 22K+
2
508
Material cost
Costing
answered on 25-Sep-21 19:51
Input credit is available for a GST paid hence it will not be added to purchase cost In definition it is said that IGST is excluded from the cost of purchase if credit for the same is available unless mentioned specifically is not form part of cost of purchase I can't understand sir, please explain
latest answer
You have also enrolled in GST course - please go through chapter 1 & 2 of that course and you will understand this clearly
Sri Bhawin
CA Inter
★ 20K+
3
574
Linkage between chapters
Accountancy
answered on 25-Sep-21 16:04
Guys as I have started with AS 3 cash flow statement . But as you all know there are many concept of redemption of preference share and debentures . So my question is should I start with redemption of preference share and debentures so that I can get better grip on the questions of cashflow statement OR I should finish all Accounting standard first and then go on towards above chapters?
latest answer
Pls finish all AS given in videos and move to Accounting (Without AS) module.
Kalash Ojha
CA Inter
★ 465
5
547
CA Shubham Kesawani notes
Auditing
asked on 25-Sep-21 10:46
Did anybody downloaded Auditing revision notes of CA final of Shubham Keswani
latest answer
No answers yet!!
Shreyansh Agarwal
CA Final
★ 0
0
3K+
Help me
Maths & Stats
answered on 25-Sep-21 10:35
Sum No 5..step by step explain friends I don't know where to start
latest answer
Okk sirr
Dhakshana Dhakshana
CFA L2
★ 18K+
2
640
Exemptions from gst
Indirect Taxation
answered on 25-Sep-21 16:13
If hostel ,canteen facilities provided by ITI to its students is exempt from gst?
latest answer
Yes, since vocational institutions are covered under the definition of educational institutions. When those services are directly provided by ITI to its students or staff then those are exempted. If outsourced to a third party, and third party providing services to ITI will be liable to GST.
Sri Yoga Vishwa. P
CA Final
★ 2K+
1
547
Joint product
Costing
answered on 25-Sep-21 16:05
Mam wt will be the treatment for normal loss and abnormal gain while doing apportionment of joint cost to products on the basis of process a/c
latest answer
Normal cost are absorbed in product cost. Abnormal cost are charged to P&L
Lakki Kamu
CA Final
★ 4K+
1
521