Forums
IL mock test
Others
answered on 26-Apr-21 13:43
Where can I find the new IL mock test papers?and by when can we submit the answers?
latest answer
Yes sir got them thank you!
Priyanka Udeshi
CFA L1
★ 14K+
3
611
Mentorship
Others
answered on 26-Apr-21 13:42
What was today's mentorship program about? I couldn't attend it as I didn't receive the mail of meeting details
latest answer
Ok sir thank you!
Priyanka Udeshi
CFA L1
★ 14K+
3
518
Financial statement
Accountancy
answered on 24-Apr-21 14:38
May I know the meaning of â??â?? share option outstanding account â??â??
latest answer
You first part of question is unclear. Second part - Share options outstanding account is a reserve which is created to reflect the difference between issue price of share options that are granted to employees and others amount of market value at that time. It is credited with expenditure attributable to that period. You shall learn more about it in Group 2 Advanced Accounting
Susai Yappan
CA Inter
★ 12K+
1
710
Strategic decisions making
Strategic Management
answered on 01-May-21 12:00
In definition of strategic decisions making There is one line function to be performed means
latest answer
Your question is not clear. The role and functions of management is explained clearly in the videos.
Nivetharaman Raman
CA Foundation
★ 11K+
5
631
Capital gain
Direct Taxation
answered on 24-Apr-21 13:37
In conversion of capital asset into stock in trade concept Converting expenses is given can we deduct from sale consideration???
latest answer
When capital asset is converted into stock in trade, it is called as transfer. FMV of the asset must be taken as sale consideration which takes into consideration all the expenses. Need not to be taken separately. It will be taxed in the year in which the stock in trade will be sold.
Kanaga Mani
CA Inter
★ 3K+
1
679
Doubt
Accountancy
answered on 24-Apr-21 14:34
Can some one explain me the 3rd question
latest answer
Thank you so much sir ,. Understood ð???
Susai Yappan
CA Inter
★ 12K+
2
744
ITC
Indirect Taxation
answered on 26-Apr-21 12:12
If a businessman constructs building for his business showroom and incurs expenditure on cement, materials etc. and pays GST on such material, Is he allowed ITC for that ? And can he adjust such ITC against output tax ?
latest answer
ITC shall not be available in respect of the goods/services/both received by a taxable person for construction of an immovable property (other than plant or machinery) on his own account including when such goods or services or both are used in the course or furtherance of business. Example - if a building developer engages services of a sub-contractor for certain portion of the whole work. The sub-contractor will charge GST in the tax invoice raised on the main contractor. The main contractor will be entitled to take ITC on the tax invoice raised by sub-contractor as his output is works contract service.
Aman Mahajan
CA Final
★ 19K+
2
716
RPF
Direct Taxation
answered on 26-Apr-21 13:42
What will be the effect of excess contribution by employer? Why is DA any included in the contribution of excess
latest answer
Thank you!
Priyanka Udeshi
CFA L1
★ 14K+
6
800
Doubt
Costing
answered on 24-Apr-21 10:31
Why in this question power is apportioned on the basis of H.PÃ?MACHINE HOUR . If it is apportioned only on the basis of horse power is it is wrong
latest answer
Horse power is the power an engine produces per machine hour. So we multiply it with the number of machine hours and power is apportioned based on the resultant.
Sri kanaga Varshini
CA Final
★ 3K+
1
765
Regarding CA Final Classes
Others
answered on 23-Apr-21 19:11
Whether in future CA final full courses will be available to us?
latest answer
Planning to launch a few more soon. will keep you posted
baranitharan b
CA Final
★ 21K+
3
617