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Levy and collection of GST sec 9(3)

Indirect Taxation

answered on 15-Jun-21 15:04

Sir , If GTA is registered person , can he insist the recipient to pay 5% rate rather to pay 12% as Forward charge. Can he do so or This is meant for unregistered GTA'S ??

latest answer

GTA can ask for 5%

Naresh M

Naresh M

CA Final

75

2

617

Financial statements of companies

Accountancy

answered on 14-Jun-21 18:22

Bank overdraft and cash credit should be shown under other current liabilities or short term loans and advances? Sir

latest answer

Ok sir thank you

SREEABITHA SENTHILKUMAR

SREEABITHA SENTHILKUMAR

CA Inter

1K+

3

674

Marginal costing

Costing

answered on 14-Jun-21 08:56

Doubt

latest answer

Required units = Required contribution / new contribution per unit = (Current profit + Fixed Assets) / (10*80% - 6)

Shweta Singh

Shweta Singh

CMA Inter

0

3

602

Answers for the questions

Financial Management

answered on 14-Jun-21 15:39

Where can I get the answers for the questions provided in notes...

latest answer

Only by enrolling and watchin our videos

Naveen Sunil

Naveen Sunil

CA Inter

170

3

678

Gratuity

Direct Taxation

answered on 13-Jun-21 22:28

Non government employee - Gratuity received at the time of retirement. Service period --> 25 years and 6 months What is the rounded off Period.... 25yrs or 26yrs?

latest answer

Thank youð???

Girinath A

Girinath A

CA Inter

765

2

726

Employee cost

Costing

answered on 15-Jun-21 10:07

How they find dearness allowance per hr..?

latest answer

No problem, the answer is rounder off to hundreds.... If you have computed like this, its fine... A B C Dept X - (90% of Rs.5,04,271 X Distribution (%) 45 15 30 Amount = 90% of 504300 =453843 226935 75645 151290

Sathiya Bama

Sathiya Bama

CA Final

24K+

10

595

Service costing

Costing

answered on 14-Jun-21 11:34

Which factor to be considered as qualitative and which one to be considered as quantitative? (Composite units)

latest answer

It depends on the industry and the service

Nivedha Balaji

Nivedha Balaji

CA Final

9K+

1

642

Exam

Exams

answered on 14-Jun-21 15:40

Sir,if i want to opt out for july 2021 foundation exam and wanted to give nov 2021 exams ..whats the procedure to do for opt out...whether icai declare opt out dates?

latest answer

You can skip / not attend - it will be counted as an attempt

Amisha Mahajan

Amisha Mahajan

CA Foundation

2K+

4

690

exemption

Exams

answered on 13-Jun-21 21:08

I cleared 3 subjects in Group 1 CA inter in NOV 2020, but i have exemption only in one subject. how to avail exemption ? if i avail exemption, should i still write that subject or is it okay not to attend the exam on that particular day at all? could someone please clarify this ? Thank you!

latest answer

Thank you !

Bavana Ravi

Bavana Ravi

CA Inter

5K+

3

692

On agriculutural income and sale of agricultural property

Direct Taxation

answered on 13-Jun-21 20:16

I have two questions: 1. On sale of agricultural property - Though the sale of rural agricultural land is exempt under the computation of total income, is there a need to declare the same while filing the returns in the corresponding assessment year? 2. On the income from agriculture - Income from agriculture is exempt. Should we declare this income while filing the returns or not? And is the treatment the same for the income arising from agriculture for urban and rural area?

latest answer

Exempted incomes are also shown in return of income.

John Selvaraj

John Selvaraj

CA Inter

140

1

577