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Imp doubt from soga

Corporate & Other Laws

answered on 14-Jul-21 20:21

As per module an unpaid seller losses his right of stoppage when the transit comes to an end but in ques 3 on pg 2.68 ram sells bales... The ans is he can stop which is totally contrary to the 5th pt mentioned on 2.59 refer pic Plz anyone help me in understanding it with some valid ND practical points...

latest answer

In Ques 3, transit is still on for 100 bales sent by Railway as buyer has not taken delivery of goods. So, for those 100 bales Ram can exercise right of stoppage. 5th point on page 2.59 is slightly wrong. Below is what Sec 51 in law contains: Where part delivery of the goods has been made to the buyer or his agent in that behalf, the remainder of the goods may be stopped in transit, unless such part delivery has been given in such circumstances as to show an agreement to give up possession of the whole of the goods.

sujal jaiswal

sujal jaiswal

CA Foundation

485

2

547

Salaries head

Direct Taxation

answered on 15-Jul-21 09:58

Doesn't said about expenses met by employer even though took as 1800 p. m instead of taking 900 p. M why

latest answer

Ok

OMKAR REDDY

OMKAR REDDY

CA Inter

6K+

5

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Marginal relief

Direct Taxation

answered on 14-Jul-21 17:18

Any one please explain the illustration sums in this video given at last . I am able to understand till tax + surcharge after that not able to understand . Pls try to explain me . Why we taken income tax on 50 lakhs ??

latest answer

Thank you sir . I got it .

JAVED B

JAVED B

CA Inter

0

4

671

Hire purchase

Accountancy

answered on 14-Jul-21 21:44

Illustration-5 If we take different guessed rates as we wish whether the interest rate will be same or different

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Ok sir ð???

AbithaSuku S R

AbithaSuku S R

CA Inter

2K+

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502

Liabilities of deceased partner

Corporate & Other Laws

answered on 14-Jul-21 17:07

Liabilities of deceased partner are same as those of retiring partner accept Public notice.. Pls answer

latest answer

Thankyou So Much Sir. For GivinG Me Your Precious TyM .ð???

Vbiopm Lkj

Vbiopm Lkj

CA Foundation

430

13

593

Suo moto

Corporate & Other Laws

answered on 14-Jul-21 10:12

What is the meaning of the term suo Moto

latest answer

Suo moto is a Latin term which means " on its own" for eg government or any authority takes a decision in its own initiative (in Hindi we say "apni marzi se"

AbithaSuku S R

AbithaSuku S R

CA Inter

2K+

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638

Explain the solution for explicit cost

Economics

answered on 14-Jul-21 11:41

What is the answer

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90K

MATURU HAMSA GAYATRI

MATURU HAMSA GAYATRI

CA Final

23K+

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723

Buyback

Accountancy

answered on 14-Jul-21 11:35

Can buyback be done at discount?...if yes then please give journal entry for the same

latest answer

Shares bought-back at their face value - Share Capital Account will be debited and Bank, credited. Shares bought-back at a premium (price higher than their face value) - premium debited to General Reserve or Securities Premium Account. Shares bought back at a discount (price less than their face value) - discount amount will be credited to Capital Reserve

Harshita Kedia

Harshita Kedia

CA Inter

4K+

2

536

What is the ans?( supply)

Economics

answered on 14-Jul-21 11:44

Explain the answer?

latest answer

No. C increase in quantity supplied

MATURU HAMSA GAYATRI

MATURU HAMSA GAYATRI

CA Final

23K+

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From AS

Accountancy

answered on 13-Jul-21 23:27

Who are called as "prospective shareholders" & "Prospective banker's" of Financial statements of a company?

latest answer

Future shareholders and future bankers

tejeswar choudhury

tejeswar choudhury

CA Inter

130

1

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