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Carrying costo
Costing
answered on 13-Jan-21 17:26
Why will Interest cost be included in the carrying cost of inventory. It is an expense relating to financing, not related to holding inventory, right?
latest answer
Yes.
Aman Mahajan
CA Final
★ 19K+
5
579
Company Audit
Auditing
answered on 15-Jan-21 15:24
In case of appointment of first auditor of a govt company if BoD doesn't appoint the auditor shareholders must appoint within next 30 days or 60 days? As in study material it is after 60 days of BoD but in lecture sir mentioned 60days including 30 of BoD
latest answer
Welcome!
Priyanka Udeshi
CFA L1
★ 14K+
11
633
Pgbp
Direct Taxation
answered on 13-Jan-21 17:27
Sir in this i have doubt in sec80E why it is limited to â?¹53000
latest answer
You cannot take deductions from winning from lottries.
Mini Priya
CA Inter
★ 4K+
1
630
IPCC Registration Validity
Others
answered on 13-Jan-21 17:24
Hi Sir , I think I registered for ipcc in 2016 or 2017. I have given my exams in Dec 2020 . But should I extend my validity to get my results? If yes , what is the procedure I should do or where can I see my registration date of IPCC ? Please suggest..
latest answer
Yeah found it , thanks much !
Raji Sampath
CA Inter
★ 320
3
670
Query
Accountancy
answered on 12-Jan-21 19:13
Income tax s paid by individuals and corporation by companies,which means income tax s not paid by companies. Am I right ???
latest answer
No
Reetikaa R
CA Final
★ 7K+
7
720
Amalgamation
Accountancy
answered on 30-Jan-21 20:09
Do we have to present the balance sheet necessarily in the vertical format following schedule 3? Or could we even use the t-format to present our balance sheet as answer.. will they not award marks if t-format is followed?
latest answer
By Net Assets Method (1,00,000-25,000=75,000)
Srimathi R
CA Inter
★ 290
4
615
Derivative liabilities
Accountancy
answered on 13-Jan-21 17:37
Liabilities held for the purpose of being traded. What does this mean? How can liabilities be traded?
latest answer
You will understand this at Final Level. These cover financial instruments
Aman Mahajan
CA Final
★ 19K+
3
877
Pgbp
Direct Taxation
answered on 12-Jan-21 15:47
Sir in 22sum interest paid to major son on deposit is allowable expenditure or not
latest answer
Thanks bro
Mini Priya
CA Inter
★ 4K+
6
585
Pgbp
Direct Taxation
answered on 12-Jan-21 13:05
In the image its mentioned no dep. Allowed fr an assessee if he doesn't own asset but oly uses or hires.. But in ur notes its mentioned in case of hire purchase buyet can claim dep.
latest answer
Well explained
Shru Kanda
CA Inter
★ 610
3
632
Departmental accounts
Accountancy
answered on 18-Jan-21 18:23
Y in this pic customers account s shown on assets side
latest answer
Yes sir thank u so much sir
Reetikaa R
CA Final
★ 7K+
19
815