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Law
Corporate & Other Laws
answered on 06-May-21 09:59
In this question 13(9) and (10) is used However in ICAI module these provisions are contained in points 10 and 11 why so? Which subsections are correct?
latest answer
To add onto above answer. Points in ICAI SM are not sub-sections. They are simply section broken down into points for understanding / presentation. Also, it's okay, if you just write - as per provisions contained in Section 13 of the Companies Act....
Priyanka Udeshi
CFA L1
★ 14K+
2
595
Gift / Other Income
Direct Taxation
answered on 07-May-21 00:13
Income taxed in 2 times, For eg. Father earned income by way of salary and he pays tax on the same during the year and he gives some amount to his daughter as a gift. The entire amount is already taxed as salary. But the daughter is offered the same for taxation under income from other sources if the gift amount exceeds Rs.50000? That amount is already taxed by his father.?
latest answer
Yes, I understand. It's 2 person Income.
Balamurali Unnithan M S
CA Inter
★ 3K+
10
646
Mixed economy
Economics
answered on 05-May-21 20:30
_sir in mixed economy how is central problems question answered_ (1) _what to produce?_ (2) _for whom to produce. (3) _how to produce_ *by using labor insentive or capital insentive*. (4) _what provison is to made for economic gtowth?_
latest answer
Under mixed economy, some sectors decisions will be taken by the government and some decisions by private players. Its just a combination of both capitalistic and socialistic economy.
Shreesha .T.u
CA Foundation
★ 2K+
1
709
Articleship
Others
answered on 05-May-21 15:41
My principal auditor expired due to covide After completion of 1.6 moths What is the process to change audit firm
latest answer
You can take permission of ICAI and initiate the process.
gowthami saisree
CA Final
★ 6K+
1
757
Levy and collection
Indirect Taxation
answered on 07-May-21 12:49
As per 9(3) sir If GTA is company is it comes under RCM sir
latest answer
yes. RCM is applicable for company also
M Naresh
CA Final
★ 3K+
4
634
Levy and collection
Indirect Taxation
answered on 06-May-21 11:25
As per 9(3) sir If GTA is company is it comes under RCM sir
latest answer
If GTA opts to pay tax at 5 percent then RCM provisions will apply it doesnâ??t matter whether GTA is a company or not. if GTA Charges 5%, RCM applies and recipient must deposit tax and ITC cannot be availed
M Naresh
CA Final
★ 3K+
1
574
Levy and collection
Indirect Taxation
answered on 06-May-21 11:25
As per 9(3) sir If GTA is company is it comes under RCM sir
latest answer
if GTA Charges 5%, RCM applies and recipient must deposit tax and ITC cannot be availed
M Naresh
CA Final
★ 3K+
1
749
Levy and collection
Indirect Taxation
answered on 06-May-21 11:25
As per 9(3) sir If GTA is company is it comes under RCM sir
latest answer
if GTA Charges 5%, RCM applies and recipient must deposit tax and ITC cannot be availed
M Naresh
CA Final
★ 3K+
1
692
Declaration and payment of dividend
Corporate & Other Laws
answered on 05-May-21 09:49
Both cases are similar but why the answer is different?
latest answer
Error in Example 10. 11 is correct
Mahi Yadav
CA Inter
★ 0
1
589
Minimum Subscription of shares
Corporate & Other Laws
answered on 05-May-21 07:56
Sir , If Minimum subscribtion = 90% (issue price ) or 90% (face value ) which holds correct ?
latest answer
But obvious 90% of the issued amount
M Naresh
CA Final
★ 3K+
1
605