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Indirect Taxation

answered on 12-Jun-21 20:10

anyway gst is collected from ultimate consumer then why there sis threshold limit for busnnessman

latest answer

If registered the payment of gst to govt is compulsory otherwise not. All taxable persons are nor registered but all registered persons are taxable.

Chandramouli A

Chandramouli A

CA Inter

720

1

649

Dsobt

Indirect Taxation

answered on 14-Jun-21 09:43

anyway gst is collected from ultimate consumer then why there sis threshold limit for busnnessman

latest answer

To ensure there is no tax evasion. Customer will pay the MRP inclusive of GST amount , but if business has to deposit GST amoutn with govt., if not registered and doesnt have to file returns, it will be difficult for govt to recover gst

Chandramouli A

Chandramouli A

CA Inter

720

1

623

Rectification of error

Accountancy

answered on 12-Jun-21 20:38

Please answer entry no. i and v

latest answer

These are the journal entries Hope it helps you

Munaf & Team

Munaf & Team

CA Foundation

830

1

584

Ca final audit

Auditing

answered on 14-Jun-21 09:45

What are the changes in standards of auditing for may 21 attempt?

latest answer

https://resource.cdn.icai.org/62713bos50705.pdf You can go through this.

Bhavneet Singh

Bhavneet Singh

CA Final

480

1

782

Income tax slab rates

Direct Taxation

answered on 12-Jun-21 18:30

1.Which tax rates are applicable for Nov 2021? (please refer the attachment?)

latest answer

Regret!!got the answer!! thanks.

Sai Teja

Sai Teja

CA Final

14K+

1

697

Doubt

Accountancy

answered on 14-Jun-21 15:41

Sir how much time is to be taken to complete a problem asking to prepare (p&l , balance sheet and notes to account ) & (balance sheet with notes to account alone ) CHAPTER: FINANCIAL STATEMENTS (4)..

latest answer

180 minutes 100 marks - so per mark 1.8 minutes - pls base your computation on that - briadly

Sri kanaga Varshini

Sri kanaga Varshini

CA Final

3K+

4

620

mentorship

Others

answered on 12-Jun-21 18:32

what is the benefits of mentorship how is effect our studies

latest answer

pls check link below and have a look at testomonials https://www.indigolearn.com/courses/Mentorship/kokcbj

Fayis E

Fayis E

CA Inter

5K+

1

543

Investment decisions

Financial Management

answered on 12-Jun-21 18:57

In this sum iam getting answer of 13.04 % but book answer is 12 .978 % is it OK or we have to exactly find out the correct rate

latest answer

OK sir. Thank you so much

Miradevi S

Miradevi S

CA Final

16K+

2

589

Bonus issue

Accountancy

answered on 12-Jun-21 16:55

Why is credit balance of p/l in R&S not taken for bonus issue?

latest answer

You can take. But last priority

Pushkala S

Pushkala S

CA Final

3K+

1

559

First Auditor

Auditing

answered on 12-Jun-21 13:52

From the date of incorporation to a month prior to annual general meeting Mr. A is the auditor of the company. Due to ill health he resigns. Mr. B is appointed as the Auditor till the conclusion of AGM. Will both A & B considered as the First auditor or Mr. B alone?

latest answer

Okay Thank you

Swetha S

Swetha S

CA Inter

15K+

2

580