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Tds

Direct Taxation

answered on 30-Jun-21 08:52

3 point on question how calculate

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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

577

Borrowing costs

Accountancy

answered on 30-Jun-21 14:25

Anyone solve this problem.plzz

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Thank u so much

Likhitha Sivani

Likhitha Sivani

CA Final

14K+

6

541

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

577

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

553

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

597

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

684

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

631

Whether correct answer is d or e?

Economics

answered on 30-Jun-21 08:06

Capitalist economy uses......... to solve economic problem(D)impersonal forces of market demand and supply.(E)price mechanism.(F)external reports(G)economic theories

latest answer

E happens because of D and not the otherway around

MATURU HAMSA GAYATRI

MATURU HAMSA GAYATRI

CA Final

23K+

3

600

Auditor

Corporate & Other Laws

answered on 29-Jun-21 18:09

An individual is eligible to be an auditor if he is a CA , as per section 141(1). Where is the condition relating to certificate of practice mentioned?

latest answer

The word "chartered Accountant" is defined in section 2(17) which says that chartered accountant is the one who holds valid certificate of practice under the chartered accountants Act. In section 141 and throughout the Companies Act wherever the word chartered accountant is used we will understand it as practicing chartered accountant.

Aman Mahajan

Aman Mahajan

CA Final

19K+

1

556

Auditor

Corporate & Other Laws

answered on 03-Jul-21 18:05

Why canâ??t a company be an auditor of another company?

latest answer

issues of reputation, limited liability, individual responsibility - same reason lawyers are not allowed to form companies for representing cases

Aman Mahajan

Aman Mahajan

CA Final

19K+

3

709