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answered on 28-Aug-21 11:45

IFRS this one is included to As or not AnD also explain the What are the rules regarding IFRS

latest answer

Ok ð???

Balachandar S

Balachandar S

CA Inter

59K+

2

521

Residential Status Sec.6(1A)

Direct Taxation

answered on 16-Sep-21 07:21

There is a condition for deemed resident u/s 6(1A) "He is not taxed in any other country or territory because of his domicile or residence or any other criteria of similar nature." Doubt is taxed the Indian Income or Foreign Income?

latest answer

His residency in other country may be a criteria for taxation of his income in that country. Here, we consider... Whether he is non - resident in India. Whether he is not paying any tax in any other country. (So, they also will be Come under the ambit of RBNOR)

Balamurali Unnithan M S

Balamurali Unnithan M S

CA Inter

3K+

8

899

Highest igst rate

Indirect Taxation

answered on 27-Aug-21 22:13

What is the highest rate of tax levied under igst as per amendment?

latest answer

Currently it's 28% but government can levy maximum upto 40%( CGST 20% and SGST 20%)

leela prasad vegi

leela prasad vegi

CMA Final

3K+

1

732

Eps

Accountancy

answered on 28-Aug-21 13:57

How to calculate diluted EPS IN THIS QUES

latest answer

The preference share are getting converted that's why if they gave 2 separate ones , convertible and normal then we will deduct dividend also

Aman Mahajan

Aman Mahajan

CA Final

19K+

5

573

Financial statement of a company

Accountancy

answered on 27-Aug-21 14:15

For calculating changes in inventories whether opening - closing (or) closing - opening

latest answer

Opening - closing Remaining goods sold

Rubika Sankar

Rubika Sankar

CMA Inter

370

1

505

The company act,2013

Corporate & Other Laws

answered on 27-Aug-21 16:07

The paid-up shere capital of AVS private limited is Rs. 1 crore consisting of 8 lacs equity sheres of RS.10 each fully-paidup and 2 lacs cumulative preference shares of 10 each fully-paidup. XYZ private limited and BCL private limited are holding 3 lacs equity sheres and 150000 equity sheres respectively in AVS private limited. XYZ private limited and BCL private limited are the subsidiary of TRS private limited. With reference to the provisions of the company act,2013 examine whether AVS private limited is a subsidiary of TRS private limited?

latest answer

Thanks

Sejal Shivani

Sejal Shivani

CA Foundation

5K+

2

2K+

Aggregate demand

Economics

answered on 27-Aug-21 11:42

In your classes said that AD=consumption +investment and Income =consumption+savings. My question - Is savings and Investment are same or not?

latest answer

Saving involves income that is not consumed. Investment is defined as an addition to the capital stock. (Gross fixed capital formation) For example, investment can involve spending on factories or new capital.

Hai Iam Anas

Hai Iam Anas

CA Inter

8K+

1

537

The company act,2013

Corporate & Other Laws

answered on 27-Aug-21 11:55

Deferent between shares and stock

latest answer

Thank you sir/Mam

Sejal Shivani

Sejal Shivani

CA Foundation

5K+

2

502

Doubt

Accountancy

answered on 27-Aug-21 09:48

Sir, even though preference share are redeemed Should i still need to show authorished capital ? Then, not any mention about authorised eqiuty resolution in question, how authorised equity share capital goes to 250000 shares Instead of 220000 shares

latest answer

Thank you mam

Balaji R

Balaji R

CA Final

20K+

3

623

Employee cost

Costing

answered on 27-Aug-21 11:40

Please explain illustration 11 (pg no :3.31) in employee cost.

latest answer

Thank you for clear explanation.

Naveen Kumar S

Naveen Kumar S

CA Inter

1K+

5

693