Forums
Gst input
Indirect Taxation
answered on 15-Sep-21 14:38
Is it okay to claim input in GSTR 3B relating to invoice of 2 months prior ? Since the same will be highlighted mentioning the same is in contravention of law ,will it lead to problem ?
latest answer
Hi. As per GST law, any credit missed out claiming in a particular month can be claimed in subsequent month and the maximum time limit is due date of return for September month following the end of FY or date of filing annual return whichever is earlier. So, any credit missed in previous month can be claimed in subsequent month. Same can be replied when notice is received from department
Sahana S
CA Final
★ 25
1
641
Index numbers
Maths & Stats
answered on 15-Sep-21 13:16
Can anyone help me to understand this
latest answer
When we say variable y is linear function of x, it means it satisfies the equation y = ax + b. That is with change in x, y will have corresponding constant change.
Soumya A
CA Inter
★ 20K+
1
517
TDS on discount allowed
Direct Taxation
answered on 16-Sep-21 10:44
Whether TDS is attracted when discount allowed by manufacturer to super stockist. If the discount consider as trade margin
latest answer
No TDS to be deducted on discount allowed and incentive given to distributors/dealers
Muthu Selvam
CA Inter
★ 7K+
1
628
Cost accounting system
Costing
answered on 16-Sep-21 11:03
Please give an example for administrstion overheads relating to production activity
latest answer
Thank you mam
Girinath A
CA Inter
★ 765
6
687
Introduction of partnership
Accountancy
answered on 15-Sep-21 11:24
Please solve
latest answer
:)
Hansika Mahadev
CA Inter
★ 150
3
520
Probability and random variable
Maths & Stats
answered on 15-Sep-21 13:17
Three coin are tossed simultaneously. Find the probability of getting { ( H,H,H),(H,H,T),(H,T,H),(T,H,H) (T,T,T),(T,T,H),(T,H,T),(H,T,T)} heads are the two extremes. A)2/8. B)6/8. C)1/8. D)4/8
latest answer
Can you please clarify the question - probability of getting heads....?
Sejal Shivani
CA Foundation
★ 5K+
2
887
Due date
Direct Taxation
answered on 15-Sep-21 12:17
Due date for filing return of income has been extended...the same changes will be applicable for nov 2021 exam or the previous dates ? Which dates..pls mention the dates..
latest answer
Thank you sir
Sri Yoga Vishwa. P
CA Final
★ 2K+
2
497
Risk assessment procedure
Auditing
answered on 15-Sep-21 16:14
Is RAP a part of planning or performing an audit
latest answer
Majorly Planning. As per SA 315 para 25 The auditor shall identify and assess the risks of material misstatement at different levels to provide a basis for designing and performing further audit procedures. But para 31 states The auditorâ??s assessment of the risks of material misstatement at the assertion level may change during the course of the audit as additional audit evidence is obtained, then the auditor shall revise the assessment and modify the further planned audit procedures accordingly.
Aman Mahajan
CA Final
★ 19K+
1
566
Bck
Economics
answered on 15-Sep-21 07:51
If I want to buy any of shares where I will find out the broker. can you tell me mam / Sir
latest answer
There are lot of brokers Zerodha, Icici direct, HDfc securities etc
Balachandar S
CA Inter
★ 59K+
1
493
BCk
Economics
answered on 14-Sep-21 23:42
What is CRR and SLR With understandable layman's example pls
latest answer
CRR Amount of funds which bank to has to keep with RBI Example: when someone deposits RS 100 with a bank it increases the deposits of the bank by RS 100. If the CRR is 9% then the bank will have to hold additional RS 9 with the central bank this means that the commercial bank will be able to use only RS 91 for investment and/or lending or credit parpose. SLR Amount of funds bank to keep in liquid assets with themselves. Example: cash, gold, government approved securities
Balachandar S
CA Inter
★ 59K+
1
618