Forums
Depreciation
Accountancy
answered on 16-May-21 09:42
Is revaluation of assets part of the syllabus?
latest answer
Its the Syllabus
Siddharth Kulkarni
CA Final
★ 28K+
2
720
Sec.40 (a)(1)
Direct Taxation
answered on 16-May-21 13:15
It's also applicable for salary payments Outside India?
latest answer
Specific mention is preferred to general. So you will refer to 40(a)(iii). You can read interpretation of statutes in Group I.
Balamurali Unnithan M S
CA Inter
★ 3K+
6
740
Sec.40(a)(1) , Sec.40(A)(ia)
Direct Taxation
answered on 16-May-21 12:51
Deducted amount paid in the subsequent year- 100% is disallowed u/s 40(a)(1), 100% is claimed in that year. There is nothing in the text for sec.40(a)(1).
latest answer
Yes. If TDS was not deducted or paid, 100 percent disallowance.
Balamurali Unnithan M S
CA Inter
★ 3K+
3
1K+
Preparation strategy for EIS?
Information Systems
answered on 15-May-21 16:38
Can anyone help me with providing a complete strategy on how to prepare EIS for this attempt
latest answer
In Indigolearn's YouTube channel you can refer preparation strategy
Rapolu mahathi
CA Final
★ 17K+
1
527
Interest on delayed payment of tax in gst
Direct Taxation
answered on 15-May-21 15:03
Working capital management Meaning
latest answer
Thank you
Abdul Ajees
CA Inter
★ 880
3
600
Sec.40 - Disallowance.
Direct Taxation
answered on 16-May-21 16:44
In the above question attached, 1 and 3rd Answers not understand. 194A and 194 J - TDS applicability is based on turnover? And in the questions given salary is treated as the total income of the recipient, If the recipient has certain deductions u/s 80 C and VI A, the salary income is below taxable limit, then no TDS deduction applicable? And answering the same, the given salary is taken as Taxable Income /Taxable Salary?
latest answer
Okey.
Balamurali Unnithan M S
CA Inter
★ 3K+
6
801
Time Value Of Money
Maths & Stats
answered on 15-May-21 18:20
Unable to solve Q13 in 'additional questions' of the below-attached study material, kindly send the solution and explanation for the same.
latest answer
Yes understood, getting the answer, thank you!
Siddharth Kulkarni
CA Final
★ 28K+
2
660
40(a)(ia)
Direct Taxation
answered on 16-May-21 12:51
There is a topic I attached below in the Text. Sec.40(a)(ia) , any payments without complying with the provisions u/s XVII-B is disallowed by 30%. But the topic said about the provisions is apply to an amount which remained payable. Better, Clear the confusing aspect.
latest answer
Okey.
Balamurali Unnithan M S
CA Inter
★ 3K+
2
618
Confusion - Answer -Study Material.
Direct Taxation
answered on 16-May-21 21:34
In respect of the attached document, 40(a)(ia) applies to the Director Remuneration Paid. The amount of Director Remuneration is Rs.28000 in the question.Sec.194 J, Covers the director remuneration? As per Sec.194 J -the threshold limit is Rs.30000/Payment. Pls, Explain.
latest answer
Thank you, sir.
Balamurali Unnithan M S
CA Inter
★ 3K+
9
625
U/s 40(a)(ia)
Direct Taxation
answered on 16-May-21 13:16
Under this act means, U/s 40(a)(ia) or covers all u/s XII-B.
latest answer
Chapter XVII-B
Balamurali Unnithan M S
CA Inter
★ 3K+
3
650