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Composition scheme

Indirect Taxation

answered on 30-Mar-21 12:29

If a person registered under CS the supplies must issue bill of supply and need to pay tax from his pocket. If the cs supplier issues bill of supply registered person can get ITC

latest answer

Thank u sir and mam

Krishna kumar

Krishna kumar

CA Final

9K+

19

652

cash flow

Accountancy

answered on 29-Mar-21 19:33

when to use direct and indirect method in cash flow ? how to differentiate

latest answer

thank you

Prasanna Venkatesan

Prasanna Venkatesan

CA Final

3K+

3

604

Standard costing

Costing

answered on 01-Apr-21 09:30

While calculating DMUV, we use STANDARD price and not the actual price because we do not want the effect of purchase managerâ??s fault in DMUV. But while calculating DMPV, we use ACTUAL quantity consumed instead of SQAO due to which the effect of production managerâ??s fault also appears in DMPV. Why so?

latest answer

Purchase manager has purchased only the actual quantity and can be held accountable for the same. He will purchase as much as is requisitioned by the production department. His job is to ensure that actual purchases made by him is as per the standard rate.

Aman Mahajan

Aman Mahajan

CA Final

19K+

1

632

Ammendment

Information Systems

answered on 29-Mar-21 15:17

Is it ammendment include in the video?

latest answer

Few additions in EIS as per ICAI latest material.

Nivetharaman Raman

Nivetharaman Raman

CA Foundation

11K+

3

620

BRS

Accountancy

answered on 29-Mar-21 19:41

Can anyone explain the 1th ,4th and 8th adjustment?

latest answer

Thank you sir:)

Meda Jeevansai

Meda Jeevansai

CA Final

21K+

2

914

GMCS

Others

answered on 31-Mar-21 12:54

what documents need to be produced for gmcs ?

latest answer

It will be online registration.

Laxman kumar

Laxman kumar

CA Final

4K+

1

625

Classes

Indirect Taxation

answered on 29-Mar-21 14:53

Is the videos in free courses are updated (i.e as per MAY 2021) ?

latest answer

Thank uð???

Harish Kumar

Harish Kumar

CA Inter

17K+

2

729

Incorporation

Corporate & Other Laws

answered on 29-Mar-21 11:14

What is the difference between company & body corporate?

latest answer

Body corporate: Form of organization which has a status separate from its members - company, LLP, cooperative society etc. It is broader term than company. Company : This includes those specifically formed under Companies Act. Also includes companies which have separate acts like Insurance companies, Banking companies, Electricity companies etc. For companies Act purposes, refer their definitions given in the Act.

aditi dwivedi

aditi dwivedi

CA Inter

3K+

1

832

Inspection of Resolutions

Corporate & Other Laws

answered on 30-Mar-21 10:24

Can a person inspect or obtain copies of ordinary and special resolutions?

latest answer

Copies of resolutions that have been filed with Registrar as per Sec 117, can be viewed i.e. all special resolutions and some ordinary. Further as per Sec 119, members can inspect the minutes of general meeting during business hours at registered office. Such minutes contain details of all resolutions passed. Members can also request copies of such minutes under this section.

Lalit Sanpal

Lalit Sanpal

CA Final

6K+

2

570

Interest on free loan and medical expenses

Direct Taxation

answered on 29-Mar-21 15:34

Employer given loan to employee for interest free loan ,why in the video employer provided 6% p.am on interest?

latest answer

If loan is given without interest, it would be treated as perquisite (interest portion)

SHAIK KARISHMA

SHAIK KARISHMA

CA Final

2K+

1

653