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Partial integration method

Direct Taxation

answered on 25-Feb-21 06:01

What if, Agricultural income Rs.5L Non-agricultural income Rs.1L Whether partial integration method is used?

latest answer

Okay

GOKULA LAKSHMI

GOKULA LAKSHMI

CA Final

21K+

2

663

Incentive vs subsidy

Economics

answered on 24-Feb-21 18:37

Is it same ? Plse give explain

latest answer

Incentives is like some bonus money which is given.subsidy means providing something at a lower price

Nivetharaman Raman

Nivetharaman Raman

CA Foundation

11K+

1

671

Share capital

Accountancy

answered on 25-Feb-21 08:15

Sir, one small doubt..... 1)Under the head Share capital, do we need to include all the following words? Authorised, Issued, Subscribed, Called up and Paid up 2) What to do if the details of everything (authorised, issued,.....) Are same??? I had this doubt for a very long time..... Please Clarify this doubt...

latest answer

Yes, you will have to include all. If all are the same you will have the title heading as Authorised, issued, subscribed & paid-up capital Rs. X - Check the annual report of any listed company you will understand better

James Js

James Js

CA Inter

1K+

1

602

Insurance claim

Accountancy

answered on 25-Feb-21 11:17

Sir I have a doubt in illustration 30 on cma material

latest answer

It is given in the question that Stock in 2011 was valued at 10% less cost and closing stock for 2012 is calculated 10% above cost.

Muhammed Riyas

Muhammed Riyas

CMA Inter

2K+

4

571

Syllabus Coverage?

Exams

answered on 24-Feb-21 23:05

Dear Sir & Friends, I purchased study material for International Taxation (Elective paper) & IDT for the may Exams. I have doubts about syllabus coverage in the study material. As per Study Guidelines for May 2021 examinations, all notifications, circular & amendments upto 31st Oct 2020 covered to exams. But The study material which I purchased is Nov 2020 Edition. So all the circular, Notifications & Amendment upto 31st Oct 2020 are included in material itself?

latest answer

Thank you so much my friend

M Sairam

M Sairam

CA Final

2K+

2

714

Registration for ca Intermediate

Others

answered on 24-Feb-21 17:02

I can't login through self service portal . It is showing that my password or id is incorrect eventhough I reset my password. Please help me out

latest answer

Try clearing cookies and cache and try again. also check Spam folder for password email.

D square

D square

CA Inter

550

2

613

Income under head salary--SPECIFIED EMPLOYEES

Direct Taxation

answered on 31-Mar-21 23:41

To be a specified employee a person must follow 3 rules of sec-17(2)(|||) then only it is said to be as a perquisites then ,same rule will be applied for the case of house rent allowance also ?

latest answer

S sir , House rent allowance is an allowance not a perquisite..

Roshan Zameer

Roshan Zameer

ACCA Professional

24K+

3

863

National income unit 1

Economics

answered on 23-Feb-21 21:39

Application oriented questions: sum 6 C+I+G+(X-M) = GDPmp But, in the given answer why they are representing it as NDPmp

latest answer

Whether C+I+G+(X-M) is Gross or Net depends on the investment (I). If investment is net of depreciation then NDPmp otherwise GDPmp.

Kalaiarasi S

Kalaiarasi S

CA Inter

11K+

1

611

Final Dividend after bonus /right

Accountancy

answered on 23-Feb-21 21:28

If final dividend (suppose 20%) is received after the issue of bonus shares and/or eight shares, then Will the value of shares on which 20% is calculated include bonus and/or right shares? Eg. Opening bal. = 20,000 shares Bonus (1:2) = 10,000 shares Right (1:3) = 10,000 shares Now, Final Dividend is declared and received @ 20%. This 20% will be on original 20,000 shares or total 40,000 shares?

latest answer

It depends on how company declares dividend. If nothing is mentioned, all shares held on record date qualify for dividends.

Ishika Goel 282

Ishika Goel 282

CA Final

3K+

1

599

Ca inter fm eco Feb exam question

Economics

answered on 23-Feb-21 19:14

Please can say what's the answer of this question

latest answer

Govt. Exp is up by 6 billions This means, there is increase in income by 6 billions. Multiplier (m) = 1 / (1- MPC) = 1 / (1- 0.8 ) = 5 Also, m = Change in C / change in Y Change in C = 5 x 6 billions = 11 billions Therefore, GDP will increase by 11 billions.

Laxman kumar

Laxman kumar

CA Final

4K+

1

655