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Difference between these ??

Direct Taxation

answered on 16-Aug-21 10:20

What are the differences between registering as 1.society 2.trust 3.aop 4.boi And what are their reasons i.e benefits for registering under each??

latest answer

Each form of organization has advantages, disadvantages, risks, rewards, control, taxation. For benefits and costs of registering under each form of organization depends upon various things

vasabattula abhinav

vasabattula abhinav

CA Final

85

1

598

Notes for classes

Direct Taxation

answered on 15-Aug-21 15:16

Sir I have indigo learn notes for incometax. But in video lectures sir teaches from some different notes like a Bare Act. How to cope up with such material? But He takes sums from Indigo learn notes

latest answer

Thank you

Vijay Ramesh

Vijay Ramesh

CA Final

985

2

639

When income tax return to be filed?

Direct Taxation

answered on 14-Aug-21 20:41

What to be taken as basic exemption limit whether 2.5laks to be considered or 5 laks for return filing??

latest answer

Thank you sir

vasabattula abhinav

vasabattula abhinav

CA Final

85

2

571

AGM

Corporate & Other Laws

answered on 15-Aug-21 15:47

What's the due date of Company AGM?

latest answer

Thanks Ji

Balamurali Unnithan M S

Balamurali Unnithan M S

CA Inter

3K+

7

515

TDS

Direct Taxation

answered on 15-Aug-21 18:43

If any provision entry made in books which expenses should deduction is compulsory or when the actual expenses booked those time, we need to deduct TDS( above case any chance to disallow by external auditors also income tax)

latest answer

Thanks

INDRAJITH S

INDRAJITH S

CA Inter

5K+

5

574

Practical question

Direct Taxation

answered on 16-Aug-21 10:16

1..If my gross total income is less than Rs.5laks and I won't file income tax return..is there any problem In future..do I get notice..? 2..even after above 5laks what happens if I won't file 3. Is it mandatory to file income tax return by every citizen of india? Can anyone explain this to me??

latest answer

2.5 Lakhs

vasabattula abhinav

vasabattula abhinav

CA Final

85

3

627

Indigolearn pdf

Information Systems

answered on 14-Aug-21 11:38

Can I just study from the pdf provided by 1Fin for EIS?? Is it covering everything?

latest answer

Thank you sir

Rohini kumar

Rohini kumar

CA Final

1K+

2

637

For Nov 21

Indirect Taxation

answered on 14-Aug-21 13:49

Whether gst is updated for Nov 21?

latest answer

Yes - Star marks have been used to identify such changes

joes naveen

joes naveen

CA Final

0

3

584

Listed companies

Accountancy

answered on 15-Aug-21 09:28

In the company accounts chapter, there is a statement " shares of private company are not listed on stock exchange". But in reality, most of the listed companies are private in nature. Please explain.

latest answer

Hvh

Sibi Srinivasan

Sibi Srinivasan

CA Final

22K+

10

737

Capital exp and revenue exp

Direct Taxation

answered on 14-Aug-21 09:22

1)Is amount an criteria to decide capex or revenue exp? Or to follow the Basic rules capitailze when satisfy economic benefit & in monetary terms 2)In companies act asset less than 5000 can be treated as revenue exp..Is this same applied in income tax or not? 3)in companies act asset less 5000 can written off?can opening balance of 5000 can be written off or only purchased asset less than 5000 to be written off??

latest answer

The rule to be followed to determine whether the amount is revenue or capital and also based on the circumstances. Regarding writing off assets it states that all the items that worth Rs < 5000 are to be depreciated in one year and no opening balance question arises. i.e, the assets to be written off in the year totally

vasabattula abhinav

vasabattula abhinav

CA Final

85

1

638