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Written Representations SA 580

Auditing

answered on 19-Mar-21 10:59

Sir/ma'am I'm not able to interpret this sentence! How should I understand this?

latest answer

Thank you mam I understood

Bliss Full

Bliss Full

CA Inter

580

2

886

Starting trouble

Auditing

answered on 18-Mar-21 17:15

Studying audit and assurance before law is possible ? Please suggest me with what subject I should start

latest answer

Thank u sir

venkatesh sundharamoorthy

venkatesh sundharamoorthy

CA Final

34K+

2

710

Free resources

Direct Taxation

answered on 18-Mar-21 14:43

Are there solutions for illustrations in free resources tab for direct taxes?

latest answer

Solutions are in the videos

Laasya kandan

Laasya kandan

CA Final

1K+

2

2K+

Sec -45(3) -Transfer of Capital Asset to Firm

Direct Taxation

answered on 18-Mar-21 10:18

My doubt here is 1. If the Capital asset is given on rental basis and he is one of the partner then will it be considered under the head Income from House property? 2. Will the Rental / lease deed is also considered as transfer?

latest answer

If given on rent, then its house property. But rental deed is not transfer as rights in the property are not transferred

sai krishna teja

sai krishna teja

CA Inter

940

1

597

Substantive procedures

Auditing

answered on 18-Mar-21 10:53

Sir, If the substantive procedures are performed after the assessment of risk, Then will that risk be considered, while designing and performing substantive procedures. The pictures I attached with this query seem contrary to me Kindly guide

latest answer

Thank you madam

Bliss Full

Bliss Full

CA Inter

580

3

896

Notes in free resources

Direct Taxation

answered on 18-Mar-21 12:16

Are the notes for all chapters updated for may 21 exams ?

latest answer

Thank u sir

Laasya kandan

Laasya kandan

CA Final

1K+

3

665

Audit of items of financial statements

Auditing

answered on 18-Mar-21 10:58

Sir I have seen your class . Notes of ilearn exactly resemble what you have taught. Can we write the same (i.e ledger, test of compliance with law, test of contro...)? Will ilearn notes be sufficient for preparation sir?

latest answer

Yes

Mrulani Aravind

Mrulani Aravind

CA Inter

7K+

1

747

Residential status

Direct Taxation

answered on 17-Mar-21 21:18

A person visits India on 2.10.2018 and returns on 31.3.2019. Here period of stay for Jan 2019 is 30 days or 31 days ?

latest answer

Thank you

pavithra senthilarasan

pavithra senthilarasan

CA Inter

3K+

2

616

BRS

Accountancy

answered on 17-Mar-21 19:34

Bank charges of â?¹ 600 as per Bank Statement have not been recorded in the Cash Book. These bank charges were reversed by the bank on 10th April, 2019. No adjustment is required in BRS?

latest answer

Yes no need to adjust as we are preparing BRS at 30th April

siva chaitanya

siva chaitanya

CA Final

13K+

2

593

Superannuation fund

Direct Taxation

answered on 18-Mar-21 10:47

What is it

latest answer

A superannuation fund is a retirement fund offered by your employer. The employer contributes % of your basic salary to this fund. It is not mandatory for you as an employee to contribute to the fund, but you may do so if you wish.

UTKARSH RAI

UTKARSH RAI

CA Inter

730

1

782