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Aggregate turnover

Indirect Taxation

answered on 27-Jun-21 15:46

Sir in case if a person supplies goods or services throguh an agent then that supplies also include in the aggregate turnover or not?

latest answer

Perfect.

Likhitha Sivani

Likhitha Sivani

CA Final

14K+

3

583

Financial statement

Corporate & Other Laws

answered on 27-Jun-21 10:49

Whether Private start up companies are not required to prepare Cash flow statement?

latest answer

Yes , pvt start co. not required to prepare cash flow statement .

Nivedha Balaji

Nivedha Balaji

CA Final

9K+

1

525

MTP

Direct Taxation

answered on 02-Jul-21 16:44

Sir, in this sum is that a printing mistake?

latest answer

May 21 mtp series 1

Likhitha Sivani

Likhitha Sivani

CA Final

14K+

5

638

Postal Ballot

Corporate & Other Laws

answered on 27-Jun-21 10:22

why ordinary resolution cannot be done via postal ballot?

latest answer

Ordinary resolution can be passed. Ordinary business cannot be transacted.

Girinath A

Girinath A

CA Inter

765

1

534

PGBP

Direct Taxation

answered on 27-Jun-21 09:05

Sir if Assesse is mainly engaged in buying and selling Shares.. Then dividend received comes under which head Sir ? PGBP or IFOS.

latest answer

Dividend received always come under the head IFOS

M Naresh

M Naresh

CA Final

3K+

1

621

PGBP

Direct Taxation

answered on 27-Jun-21 10:23

Sir if Assesse is mainly engaged in buying and selling Shares.. Then dividend received comes under which head Sir ? PGBP or IFOS.

latest answer

Dividend always taxable u/h other sources irrespective of the fact whether the assessee is engaged in the business of buying /selling shares or not .

M Naresh

M Naresh

CA Final

3K+

1

644

Mcq

Indirect Taxation

answered on 27-Jun-21 15:50

Explanation needed

latest answer

Number of calculators is not mentioned in the question given. Information is not complete.

Sathiya Bama

Sathiya Bama

CA Final

24K+

8

555

Capital and revenue expenditures

Accountancy

answered on 27-Jun-21 12:10

In the ICAI study material the amount paid to bring the inventory to current place is treated as revenue expenditure. But we have studied that the expenses incurred to bring the inventory to current place and position should be added to the cost of inventory so it goes to the Balance sheet. Kindly explain the confusion.thankyou.

latest answer

Thankyou so much sir. Feeling so happy i got such great passionate teachers like you.

Aswin Chandar

Aswin Chandar

CA Final

40K+

4

547

Doubt

Corporate & Other Laws

answered on 27-Jun-21 06:30

Why in this example grace days are not considered?

latest answer

Yes! They considered grace days , promissory note is presented jan 1, he made payment 4 th Jan(i.e three grace days from the maturity). Ans is Bharath can object the claim of Bhushan.

Sri kanaga Varshini

Sri kanaga Varshini

CA Final

3K+

1

546

Sec 68

Corporate & Other Laws

answered on 28-Jun-21 13:08

While computing debt equity ratio under this section, do we have to take current liabilities as well?

latest answer

They are not debt - they will not be included

Aman Mahajan

Aman Mahajan

CA Final

19K+

4

559