Forums
Investment decisions
Financial Management
answered on 19-Jun-21 10:29
Does depreciation is fixed operating cost?
latest answer
OK sir thank you.
Miradevi S
CA Final
★ 16K+
10
609
Does IL have all modules for Group 1 and 2 of CA Final?
Others
answered on 17-Jun-21 06:16
Does IL have all the Group 1 and 2 modules for CA final? I do not see all of them in the buy courses tab against CA final? In case, do you plan to bring in those remaining module. If yes, any timeline pls.
latest answer
Yes
John Selvaraj
CA Inter
★ 140
3
536
How to calculate finance charge
Accountancy
answered on 17-Jun-21 11:16
Question number 45
latest answer
Thank you ð???ð???
Triveni Patil
CA Inter
★ 290
2
675
Doubt
Indirect Taxation
answered on 17-Jun-21 18:56
If input tax credit is reversed it is profit &loss
latest answer
Thank u sir
Chandramouli A
CA Inter
★ 720
3
603
Franchise
Indirect Taxation
answered on 17-Jun-21 15:47
A firm starts as a franchise, it's mandatory to take GST registration or continue with the Principal Firms GSTIN.
latest answer
Thank u sir.
Balamurali Unnithan M S
CA Inter
★ 3K+
2
616
Negative list
Indirect Taxation
answered on 17-Jun-21 12:08
Sir , is there any Levy of GST on negative list ? Is there any ITC credit on negative list !?
latest answer
No. There is no GST impact on transactions covered under Schedule III. Further, when there is no tax there is no question of ITC.
Naresh M
CA Final
★ 75
2
630
Sec.194Q & 206C(1H)
Direct Taxation
answered on 21-Jun-21 09:04
These both sections applied to the invoice value or the taxable value? These both apply to the amount exceeding a slab of 50 lakhs, then to all purchase/sales made, or applicable only to the specific buyer or seller.
latest answer
For deducting TDS, 50 Lakhs is excluding GST. For TCS, GST also to be included. For 10 crores limit, GST is not included until clarification by CBDT.
Balamurali Unnithan M S
CA Inter
★ 3K+
15
629
General
Accountancy
answered on 17-Jun-21 16:19
Can we adopt different method of accounting for depreciation different asset ? Sir That is for plant and machinery accumulated depreciation method and for furniture and fixtures cost method of depreciation sir?
latest answer
Yes, for different asset classes, different depreciaton methods can be used
SREEABITHA SENTHILKUMAR
CA Inter
★ 1K+
1
691
Investment decisions
Financial Management
answered on 17-Jun-21 16:57
Sir, is direct costs is variable cost?
latest answer
OK sir thank you
Miradevi S
CA Final
★ 16K+
2
539
Accounting profit is equal to
Economics
answered on 16-Jun-21 18:42
Please tell me the correct option with explanation ?
latest answer
If answer is correct
Aakash Raavi
CMA Inter
★ 320
9
595