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Sec 141

Corporate & Other Laws

answered on 30-Jun-21 08:07

What corrective action can be taken by the auditor?

latest answer

Dispose off those Securities

Aman Mahajan

Aman Mahajan

CA Final

19K+

1

564

Can or cannot

Exams

answered on 30-Jun-21 06:28

Can I did in ipcc ist group in 6 days preparation..

latest answer

Sorry we cannot answer such questions

Sunil Kumar

Sunil Kumar

CMA Inter

6K+

1

621

Big 4

Corporate & Other Laws

answered on 30-Jun-21 13:37

EY operates as a network of member firms which are structured as separate legal entities in a partnership, which has close to 300,000 employees in over 700 offices in more than 150 countries around the world.[5] The firm's current partnership was formed in 1989 by a merger of two accounting firms; Ernst & Whinney and Arthur Young & Co. Why are Big 4s organised as firms and not companies inspite of their large size?

latest answer

Companies act 2013 section 141(3) restricts a body corporate ( company ) other than LLP from appointment as an auditor. So these act as Network of Firms instead of Companies.

Aman Mahajan

Aman Mahajan

CA Final

19K+

2

572

Tds

Direct Taxation

answered on 30-Jun-21 08:52

3 point on question how calculate

latest answer

Every month he deposits Rs 2,00,000. From October to March. You have to calculate the interest on monthly available balance. For Example: October to March - 2,00,000 x 8% x 6/12 November to March - 2,00,000 x 8% x 5/12 December to March - 2,00,000 x 8% x 4/12 Jan to March - 2,00,000 x 8% x 3/12 Feb to March - 2,00,000 x 8% x 2/12 March - 2,00,000 x 8% x 1/12 Solve like this as you solve interest for normal recurring deposit. You will get the answer

Kanaga Mani

Kanaga Mani

CA Inter

3K+

1

550

Borrowing costs

Accountancy

answered on 30-Jun-21 14:25

Anyone solve this problem.plzz

latest answer

Thank u so much

Likhitha Sivani

Likhitha Sivani

CA Final

14K+

6

521

Tds

Direct Taxation

answered on 29-Jun-21 21:44

In tds chapter covid impact rate is applicable r normal rate for July examination

latest answer

Covid impact rate

Kanaga Mani

Kanaga Mani

CA Inter

3K+

1

557

Capital gains

Direct Taxation

answered on 30-Jun-21 08:48

Sir in capital gains, assessee has an option to select the actual cost or fmv as on 1/4/2001 if asset was purchased before 1/4/2001. Is it available in case of building also sir? That means if building purchased before 1/4/2001 we can take either actual cost or fmv as on 1/4/2001 if we took fmv as on 1/4/2001 it should not below SDV right sir?

latest answer

Ok sir thank u so much

Likhitha Sivani

Likhitha Sivani

CA Final

14K+

4

528

What is elasticity

Economics

answered on 29-Jun-21 21:07

How to find

latest answer

Example

MATURU HAMSA GAYATRI

MATURU HAMSA GAYATRI

CA Final

23K+

2

560

Indigo learn Mock Test

Exams

answered on 30-Jun-21 06:31

How to attempt the omr?

latest answer

foxit pdf

siva chaitanya

siva chaitanya

CA Final

13K+

7

634

Deduction

Direct Taxation

answered on 30-Jun-21 13:16

In section 80CCD, on the closure of the account or opting out of the pension scheme, 60% of the withdrawal is exempt then 40% is chargeable under which head of income?

latest answer

Section 17(1)(iii) includes pension and annuity. Section 17(2)(vii) includes NPS contribution as perquisite. Section 17 says "For the purpose of sections 15 and 16" So, for employee, it should be taxable under salaries but if it is not employee then it is taxable under other sources.

Neha Gupta

Neha Gupta

CA Final

4K+

2

598