powered by logo

Forums

Resolution

Corporate & Other Laws

answered on 31-Aug-21 11:28

If company have 250 equity members, In general meeting only presented in 60 members, at the time 75% members agreed a resolution Above resolution is valid special resolution Or 75% calculating on total members (250)

latest answer

Thanks

INDRAJITH S

INDRAJITH S

CA Inter

5K+

2

496

The General Clauses Act

Corporate & Other Laws

answered on 31-Aug-21 11:22

If we are asked to define the word Act in the examination. Should we answer the question as the bill passed in the parliament or as per section 3(2).

latest answer

Thank you sir

G Mohammed Mushtaq

G Mohammed Mushtaq

CA Final

15K+

2

543

Prospectus

Corporate & Other Laws

answered on 01-Sep-21 20:04

Sir explain point c in point 4 in exception in que 13

latest answer

In short it means, if a person who becomes liable, proves that he had reasonable grounds to rely on the statement issued by an expert, he will be exempted

B. S. V Subramanyam

B. S. V Subramanyam

CA Inter

50

3

467

Prospectus

Corporate & Other Laws

answered on 31-Aug-21 11:19

Sir explain 2nd pont of exception in que 12

latest answer

That means if person authorising issue of prospectus that contains mis-statement actually believed that misstatement was true based on facts, documents and circumstances, he might be exempted from criminal liability if he proves that. Say, company misstated losses as profits in prospectus. In that case, we can't say director had reasonable ground to believe that they company was earning profits as he would have access to company records, financials etc.

B. S. V Subramanyam

B. S. V Subramanyam

CA Inter

50

1

473

Ratio proportion indices and logarithms

Maths & Stats

answered on 31-Aug-21 10:48

Can anyone solve the below question

latest answer

Thank you

Soumya A

Soumya A

CA Inter

20K+

3

639

Trouble getting started

Corporate & Other Laws

answered on 10-Sep-21 11:39

Where to find notes and indigolearn material??

latest answer

Found it thanks

Harshitha Kalidindi

Harshitha Kalidindi

CA Final

51K+

3

600

Exam centre

Exams

answered on 31-Aug-21 10:36

I'll be appearing for foundation this December, why can I not fill the examination form and not know my exam centre?

latest answer

Check it after some time. Even if you face the same issue, you can the toll free numbers of ICAI Exam, 0120-3054 851, 3054 852 , 3054 853, 3054 835, 4953751, 4953752, 4953753, 4953754. And rectify your problem.

Chris Topher

Chris Topher

CA Foundation

5

3

651

Sec.80D & Sec.80DDB

Direct Taxation

answered on 30-Aug-21 17:34

Both sections can claim simultaneously.

latest answer

80D is in respect of health insurance premium Proviso of Section 80DDA explains as follows. Provided further that the deduction under this section shall be reduced by the amount received, if any, under an insurance from an insurer, or reimbursed by an employer, for the medical treatment of the person. So, if assessee receives any insurance, that amount has to be reduced from the amount of deduction and take the balance under Section 80DDA

Balamurali Unnithan M S

Balamurali Unnithan M S

CA Inter

3K+

1

622

Goodwill

Accountancy

answered on 31-Aug-21 11:38

Doubt 1) please check whether the hidden goodwill para is correct or not? Because according to the data given the capital of the firm ( A+B+C ) is 53,000. Doubt 2) in the example 2, they have given 1,20,000 as goodwill, then why it is accounted for only 40,000.

latest answer

Yes..!

Vijay K

Vijay K

CA Inter

9K+

5

641

Final accounts of company

Accountancy

answered on 31-Aug-21 19:29

Treatment of proposed dividend shown in trial balance of company 1.Deducted from reserve or 2.shown as other current liability

latest answer

I don't find one but they are give in cash flow question . I think it has same treatment as intrem divided

Manu Sharma

Manu Sharma

CMA Inter

370

10

604