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Corporate & Other Laws

answered on 26-May-21 17:16

What is Companies Amendment Ordinance?

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Thank you Suraj sir ð???

Priyanka Udeshi

Priyanka Udeshi

CFA L1

14K+

6

703

Salary

Direct Taxation

answered on 29-May-21 08:01

Can help to solve this

latest answer

Yes. Section 69A Where in any financial year the assessee is found to be the owner of any money, bullion, jewellery or other valuable article and such money, bullion, jewellery or valuable article is not recorded in the books of account, if any, maintained by him for any source of income, and the assessee offers no explanation about the nature and source of acquisition of the money, bullion, jewellery or other valuable article, or the explanation offered by him is not, in the opinion of the Assessing Officer, satisfactory, the money and the value of the bullion, jewellery or other valuable article may be deemed to be the income of the assessee for such financial year.

Sultana Sultana

Sultana Sultana

CA Inter

245

11

816

Frieght

Direct Taxation

answered on 26-May-21 16:47

There is an exception for 40(a)(3), 10000 replaces to 35000 in the case of freight. The goods are passed through a courier, it's applicable as freight?

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Thank u, sir understand.

Balamurali Unnithan M S

Balamurali Unnithan M S

CA Inter

3K+

29

773

Doubt

Corporate & Other Laws

answered on 26-May-21 13:46

For start up co in lecture it is given as 10years however in icai module it is 5 years I know there is an amendment in this part but institute hasn't notified it so will it be applicable for Nov 21?

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Okay Sir thank you!!

Priyanka Udeshi

Priyanka Udeshi

CFA L1

14K+

2

788

Classification of head of income

Direct Taxation

answered on 25-May-21 21:45

Interest received from letting of money to outsiders is taxable under which head

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Thanks sir

sasidhar cheboyina

sasidhar cheboyina

CA Final

100

2

677

Depreciation

Direct Taxation

answered on 26-May-21 08:52

If question is silent then do we need to calculate just normal depreciation or reduced,normal and additional depreciation for first year?

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Tq

bsai partish

bsai partish

CA Final

2K+

5

655

App related

Others

answered on 25-May-21 21:52

Can I download this app in laptop

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Use website to access on laptop. www.indigolearn.com

Divya N

Divya N

CA Final

0

2

701

Turnover

Indirect Taxation

answered on 26-May-21 13:06

As per GST latest amendment, the threshold limit for taking registration for goods is Rs.40 Lakhs are Services are 20 Lakhs. These are the expected turnover or the actual turnover. If the assesee fails to take registration if crossing the limits within 30 days. What're the consequences?

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Okey.

Balamurali Unnithan M S

Balamurali Unnithan M S

CA Inter

3K+

4

618

General Query.

Direct Taxation

answered on 26-May-21 16:07

Understand what is included in PGBP u/s 28. Doubt is if an assessee has income from salary, Crossing 1 Crore Per year. He has taxed his income u/s 192 or taxed u/s 44AB with provisions of PGBP.

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When solving the problem, dig at the roots, instead of just hacking the leaves. It's my moral. Thank you, sir.

Balamurali Unnithan M S

Balamurali Unnithan M S

CA Inter

3K+

12

679

AS 16

Accountancy

answered on 25-May-21 21:32

Construction of building was stopped due to lock down then do we need to capitalise the borrowing cost incurred during that period or debit to p and l a/c?

latest answer

Tq

bsai partish

bsai partish

CA Final

2K+

2

704