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Accountancy

answered on 11-Jun-21 18:23

In this question, general reserve or profit and loss account balance which should be used first for redemption of preference shares ? Becoz if i use first profit and loss balance my answer differs with that of institute ..

latest answer

Thank u sir

Sri kanaga Varshini

Sri kanaga Varshini

CA Final

3K+

2

506

Tell me the right answer of Questions 1

Direct Taxation

answered on 11-Jun-21 15:54

Suggested Answer is option B

latest answer

There must be a small change in the question. Make it as Mr. Saral attained the age of 60 years on 01-0402020. Then, assessee is a senior citizen. Up to Rs. 3 Lakhs not taxable. Next 2 Lakhs at 5% and balance 60,000 at 20% and add HEC of 4%. You will get the answer.

Karmjeet Kaur

Karmjeet Kaur

CA Inter

240

1

690

Course extension

Information Systems

answered on 11-Jun-21 12:32

My course is expiring on June 30th.. How can I extend my course? Can u explain it please?

latest answer

We will open CMA course extension in next 10 days pls wait

Sandy Srihari

Sandy Srihari

CMA Inter

134K+

1

607

ACCOUNTS

Accountancy

answered on 11-Jun-21 21:48

Can any one send this question solution ?

latest answer

Ration Analysis - FM - CA Inter

Aakash Raavi

Aakash Raavi

CMA Inter

320

4

580

Presentation format - NPO & Incomplete records

Accountancy

answered on 11-Jun-21 12:56

Can accounts such as - Subscriptions (income a/c, asset a/c & liability a/c) & other similar accounts be prepared in T format in working notes in exam? Or is it necessarily to be prepared in Statement format only? I have the same doubts for incomplete records too.

latest answer

Thanks for the clarification!

Sundara Gandhi

Sundara Gandhi

CA Inter

4K+

2

505

Input tax credit

Indirect Taxation

answered on 14-Jun-21 11:40

Is it 20% of matched credit or 10% of matched credit?

latest answer

Okay thank you!!

Niranjana Ajith

Niranjana Ajith

CA Final

9K+

6

591

Integration

Maths & Stats

answered on 11-Jun-21 10:08

Please solve this. Question 23

latest answer

The question given is wrong. please correct it from the below answer.If you had understood marks this answer as best answer

Sibi Srinivasan

Sibi Srinivasan

CA Final

22K+

1

698

Query

Corporate & Other Laws

answered on 11-Jun-21 11:29

How to study paper2 so as to cover pass mark

latest answer

https://www.youtube.com/watch?v=noj8Y20mPMw https://www.youtube.com/watch?v=lAMUQYry9f0

Prasanth Kumar

Prasanth Kumar

CA Inter

13K+

1

506

Conceptual doubt

Accountancy

answered on 11-Jun-21 20:01

Sir ,I want to know the derivation of the below given statements (1)If profit margin is same , selling price is different then cost per unit cannot be same (2) if Gross profit margin is same , selling price proportion is equal to cost price proportion

latest answer

Ok sir thank you

SREEABITHA SENTHILKUMAR

SREEABITHA SENTHILKUMAR

CA Inter

1K+

10

559

Doubt

Others

answered on 15-Jun-21 09:53

Can CA student write CA(bar) after his/her name who is doing articleship? Legally correct?

latest answer

No. Sections 7 and 24 of the Chartered Accountants Act 1949 allows a member (of the ICAI) only to use the designation of CA along with his/her name.

sameer fahad

sameer fahad

CA Final

5K+

1

513