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Audit sampling

Auditing

answered on 03-Aug-21 14:48

Can anyone pls explain this para in simple terms

latest answer

Got it now! Thanks :)

Himanshu Somani

Himanshu Somani

CA Final

97K+

4

728

Depreciation

Direct Taxation

answered on 02-Aug-21 17:21

What is the depreciation % for CCTV cameras?

latest answer

I think, CCTV Camera can only run when it is connected with computer, as computer is an integral part of CCTV and thus, it cannot run on its own and as such, depreciation on the same should be at the rate 40%

Gobi k

Gobi k

CA Inter

12K+

1

907

How to write law answers

Corporate & Other Laws

answered on 02-Aug-21 16:40

Answering

latest answer

Always start your answer with the relevant provision (i.e.) the provision you are using to answer the question. Then relate the provision to the situation given in the question. Use the facts and write the implications (i.e.) analysing the facts given and the impact of provision on it. At the end write your conclusion on the basis of the facts and analysis. Always read and understand the requirements of the question before you start answering it.

Ujjwal P.S

Ujjwal P.S

CA Foundation

120

1

734

Interest on advance tax

Direct Taxation

answered on 02-Aug-21 16:17

Is interest payable u/s 234 an allowable expenditure??

latest answer

yes

Varshini Pandiarajan

Varshini Pandiarajan

CA Final

30

3

587

Crypto

Direct Taxation

answered on 02-Aug-21 16:28

Sir for example if I bought a bitcoin of 2500000 and sold it frequently for 2501000 then the profit 1000 would be wholly taxable.. or there is any certain limitations

latest answer

Entire profit is taxable

Roshan Zameer

Roshan Zameer

ACCA Professional

24K+

1

666

Insurance claim for loss of profit

Accountancy

answered on 02-Aug-21 15:18

For calculating insured amt or policy amt ,why should we consider additional standing chargers ???

latest answer

K sir

anusha athikamsetty

anusha athikamsetty

CA Inter

65

2

673

Cryptocurrency

Direct Taxation

answered on 05-Feb-24 08:09

How is crypto currency taxed in India sir?

latest answer

As per Section 115BBH, taxed at 30%.

Roshan Zameer

Roshan Zameer

ACCA Professional

24K+

2

774

Doubt in MAT provision

Direct Taxation

answered on 02-Aug-21 15:30

Sir, while calculating book profit for MAT, should we add back the depreciation debited to P&L a/c?

latest answer

Okay thanks...

Varshini Pandiarajan

Varshini Pandiarajan

CA Final

30

6

642

Standards on auditing

Auditing

answered on 02-Aug-21 14:46

I know the concepts of Standard, but have a doubt regarding whether I should memorize the Standards for exam purpose?

latest answer

It would be beneficial if you could quote standard number correctly with the name

vijay K

vijay K

CA Inter

380

1

559

Upgradation of course to may 22

Strategic Management

answered on 02-Aug-21 12:08

Hello I am taking a coaching for nov 21 however I want to upgrade it for may 22 attempt.How much of fees do I need to pay additionally?

latest answer

The extension window will be opened after Nov 21 exams - please get in touch with us then

Venkatesh .

Venkatesh .

CA Inter

4K+

1

582