Forums
Direct entry
Others
answered on 04-Feb-21 12:00
Is it possible to convert from cpt to direct entry
latest answer
Andhra Pradesh Which year u studying degree
B VGR
CA Inter
★ 980
10
616
Process costing
Costing
answered on 04-Feb-21 14:27
Is it abnormal gain or abnormal loss
latest answer
Thanks
Ginni Giri
CA Inter
★ 134K+
10
691
Fire insurance
Accountancy
answered on 04-Feb-21 19:06
Waht does the insurance company compare the insured stock with ?? STOCK ON THE FIRE OR DAMAGED GOODS ??
latest answer
Total stock as on date of fire.
Reetikaa R
CA Final
★ 7K+
1
580
Capital Budgeting
Financial Management
answered on 04-Feb-21 19:01
In this problem, why are Indirect Material and Supervision costs included in Cash flow?
latest answer
for cashflow purposes, it is irrelevant whether the expense is direct or indirect.
Raja Raman
CA Inter
★ 0
3
589
Capital gain
Direct Taxation
answered on 05-Feb-21 18:44
(A) and (B) are relatives, (A) transfer immovable property to (B) for inadequate consideration for requirement of cash, (B) raised home loan from bank, Will It be tranfer under capital gains chapter? If yes what is taxable in hands of (A) ,received amount or stamp duty value? What is cost of acquisition in hands of (B)? If no under which section (A) is claiming exemption? What is cost of acquisition in hands of (B)? Hint:There is no family settlement agreement between A and B.
latest answer
(A) - transfer taxable under capital gains. Capital gain would be Valuation as per stamp valuation authority reduced by cost/indexed cost of acquisition. Exception - As per Sec 50C no adjustments shall be made in a case where the variation between stamp duty value and the sale consideration is not more than ten percent of the sale consideration. (B)- stamp value taken as other income u/s 56(2)(x) and Cost of acquisition would be what is taken as sale consideration for A
Vanga.Trinadha Reddy
CA Inter
★ 0
1
643
Measures of central tendency
Maths & Stats
answered on 04-Feb-21 11:29
How to do this question , please explain the idea and logic Q) the average salary of a group of unskilled workers is 10000 and that of a group of skill workers is 15000 . If the combined salary is 12000 , then what is the percentage of skilled workers ?
latest answer
Thank you sir
nisam M
CA Final
★ 23K+
2
854
Missing video lecture
Corporate & Other Laws
answered on 06-Feb-21 17:28
Sir in Indian partnership act unit 1 distinguish between partnership and other forms of organization topic is missing in CA foundation
latest answer
Difference between partnership and joint stock company is covered under video 40 in Companies Act, 2013 module. Difference between parnership and LLP is in video 5 in LLP Act module, the difference with other forms is in video 4 of module 14 i.e. Registration & Dissolution of firms
sai t
CA Foundation
★ 2K+
3
604
Regarding GST practitioner
Exams
answered on 04-Feb-21 19:02
CS completed students or pursuing students eligible for GST practitioner
latest answer
A Chartered Accountant, Cost Accountant or a Company Secretary are eligible. YOu need to complete.
Suryakanthi Sornalatha T
CA Inter
★ 5K+
1
653
Rectification of error
Accountancy
answered on 03-Feb-21 12:02
When do we need to use p&L adjustment account for rectification of errors
latest answer
For rectifying the errors detected in the next accounting period, a special account 'Profit and Loss Adjustment Account' is opened for correction of amounts relating to expenses and incomes.
nisam M
CA Final
★ 23K+
1
551
May 21 exam eligibility
Others
answered on 03-Feb-21 08:55
Sir I'm studying 12th class. In my state, Government announced our 12th class exams will be held in may 6th to may 19th. But what about my ca foundation? What if foundation exam will be held in may? What should i do sir!?
latest answer
Ok sir
Meda Jeevansai
CA Final
★ 21K+
3
582