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Direct Taxation

answered on 30-Jun-21 20:01

Sir in this MCQ can u tell me plzz answer and reason?

latest answer

Yes you have done it correctly. Sorry for my wrong calculation.

Likhitha Sivani

Likhitha Sivani

CA Final

14K+

14

712

P&L or Balance Sheet

Accountancy

answered on 30-Jun-21 19:28

If we are paying a rent of our building for 1 year if we are paying the transportation cost for 1year, then we have show these in asset side of balance sheet or we have to show these in expenditure side of P&L account?

latest answer

Current year

Vijay K

Vijay K

CA Inter

9K+

5

568

Pestil

Economics

answered on 30-Jun-21 16:10

68 th

latest answer

Yes no doubt,plz read question

MATURU HAMSA GAYATRI

MATURU HAMSA GAYATRI

CA Final

23K+

6

629

Redemption of debentures

Accountancy

answered on 30-Jun-21 12:56

In this sum they have not paid interest Sir To debenture holder's.. I am considering interest but Bank A/c is not tallying ..

latest answer

One of the reasons could be question states - Bank Balance on 31-3-20X2, before receipt of interest. On the other hand, you can show it as well. So, assume either ways and give a note about it.

Naresh M

Naresh M

CA Final

75

1

568

Exams

Corporate & Other Laws

answered on 30-Jun-21 20:47

While writing case based answers in exam If we forgot section can we write as per provisions of ......act Example question is related to companies act We forgotten section Can we write "As per provisions of Companies act,2013"

latest answer

Thanks

Sairam Reddy

Sairam Reddy

CA Final

10K+

3

567

Is option a or d

Economics

answered on 01-Jul-21 19:09

What is answer

latest answer

Both a and c that is option d. In a democratic political setup, there are three institutions namely the legislature, the executive and the judiciary. The legislature, and executive comes under the political environment and the judiciary is a part of legal environment.

MATURU HAMSA GAYATRI

MATURU HAMSA GAYATRI

CA Final

23K+

2

616

Incorporation of company and matters incedental thereto

Corporate & Other Laws

answered on 30-Jun-21 22:09

Can any one explain sec6 Act To override memorandum, articles ect Clearly

latest answer

Thank you sir

Sairam Reddy

Sairam Reddy

CA Final

10K+

2

530

Limit for audit of companies

Corporate & Other Laws

answered on 30-Jun-21 12:57

Point 7. Is this limit of companies only for statutory audit? Does this include internal audits, cost audit, tax audit etc?

latest answer

At the date of appointment, we have to consider, if holds less than 20

Aman Mahajan

Aman Mahajan

CA Final

19K+

4

648

Demand

Economics

answered on 30-Jun-21 13:42

Is demand personal or impersonal force?

latest answer

In the context of an economy where market forces of demand and supply determine prices and course of action, there will be a few people acting without rationale but most of the decisions are based on rationale. Individual choice even if different is a small portion - from an overall market perspective demand is a rational response to some event or requirement

MATURU HAMSA GAYATRI

MATURU HAMSA GAYATRI

CA Final

23K+

5

544

Sec 141

Corporate & Other Laws

answered on 30-Jun-21 22:06

Does indebted include payments due for goods (trade receivables) or just debt? Can a debtor ( for goods) be an auditor?

latest answer

Aggregate amount owed by person must be checked. It includes trade receivables & debt.

Aman Mahajan

Aman Mahajan

CA Final

19K+

2

755