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Chaptet 2 finance and accounting system.
Information Systems
answered on 16-Jun-21 11:37
In chapter 2 ,sir is teaching about sales order and stock journal etc.. But this topics are not in the module.after memorandum there is no topic related to it. Where i can found it?
latest answer
Okey, thank you.
Jiya T
CA Inter
★ 10
5
567
Resopnsibility of Joint Auditors SA 299
Auditing
answered on 16-Jun-21 07:17
If there are three auditors and one disagrees with the other two, then can the two auditors give one audit report and the third give separate AR or all the three must give separate reports?
latest answer
Thank u
Venkatesh Rathinam
CA Final
★ 15K+
2
850
234A months and "thereof"
Direct Taxation
answered on 15-Jun-21 19:40
In 234A, while calculating interest for the months, does the word "thereof" mean that we need to include the month as a count if the days in the month is >=15 or >15 or even if it is just one day in a month as one month?
latest answer
Even if it is just one day late, include as one month.
John Selvaraj
CA Inter
★ 140
1
700
Section 234F video
Direct Taxation
answered on 16-Jun-21 12:44
The flowchart in video relating to 234 F states the fee payable is 10000 if return filed on or before Dec 31 of AY and not 5000. But the explanation in the video was the reverse, which seems to be correct as per the section 234F. Please check the flow chart and confirm the same
latest answer
Sec.234 F is a penalty/fee for delay in filing Income Tax Return. The due date of filing an Income Tax Return is 31st July normally. (non-audit) As per section 234F, Late is charged up to December 31st is Rs.1000 for a person have a total income up to Rs.5 Lakhs and Rs.5000 for persons who have a total income of more than Rs.5 Lakh. And After 31st December Late Fee u/s 234F remains constant of Rs.1000 for the person having total income up to Rs.5 Lakhs and 5000 is replaced to 10000 for the person having income more than Rs.5 Lakhs.
John Selvaraj
CA Inter
★ 140
2
788
Accounting standards
Accountancy
answered on 16-Jun-21 11:10
3 Last question in As 4 ( question illustration 6,7) As 5(question : illustration 6 ,7,8) As 29 ( question: illustration 12,13) Where is questions taken from where we can take the print send link or each standard 2018 questions paper no question like this 2019 , 2020 Please help me
latest answer
All the previous year question papers, RTPs, MTPs and suggested answers are available in "Free notes + resources" in IL app. You can go through them.
Sultana Sultana
CA Inter
★ 245
1
748
Requesting Revision Sessions
Others
answered on 15-Jun-21 16:02
Can you provide Rapid Revision Sessions for other subjects?(like SM)
latest answer
Such sessions are available on our You Tube channel for most of the subjects
Paidala Harish
CA Final
★ 2K+
1
522
Additional question bank
Maths & Stats
answered on 15-Jun-21 16:43
What is the possibility of questions being asked from the additional questions segment for the exams? Especially paper 3. Because there are a lot of additional mcq's. Mastering all the exercise problems and example sums is enough?
latest answer
Ok. Thank you
Sibi Srinivasan
CA Final
★ 22K+
2
577
Supply
Indirect Taxation
answered on 19-Jun-21 23:25
Doubt
latest answer
Ok tq very much
Aswini Gorige
CA Inter
★ 7K+
14
945
Supply
Indirect Taxation
answered on 15-Jun-21 15:38
Service of Alcohol liquor licence fee against consideration is taxable under rcm or not
latest answer
Service of granting licence for supply of alcoholic liquor is neither considered as supply of goods or supply of service... so it is not taxable at alll
Aswini Gorige
CA Inter
★ 7K+
3
614
Advanced Taxation module available?
Direct Taxation
answered on 15-Jun-21 14:09
Is there any additional modules in IL on Direct Taxation other than the intermediate level course, which will have more case laws and more solved complex problems?
latest answer
No
John Selvaraj
CA Inter
★ 140
1
589