Forums
Salaries
Direct Taxation
answered on 11-Jan-21 09:27
If motor car provided by the employer to the employee, it will b perquisite in the hands of SPECIFIED EMPLOYEE.. So does it mean 2,3,4 in the image it is oly taxed fr specified employees sir???
latest answer
Ok tq sir
Shru Kanda
CA Inter
★ 610
4
762
Salaries
Direct Taxation
answered on 15-Jan-21 15:28
Treatment of mr. G sister dependent in a nursing home is not taxable right..
latest answer
Please read the provision. It is considered as perquisite.
Shru Kanda
CA Inter
★ 610
11
933
Notes
Corporate & Other Laws
answered on 09-Jan-21 18:39
Is Indigo learn law notes is enough ?
latest answer
Yes. Once you have gone through the lectures.
Surya .b
CA Final
★ 5
1
638
Departmental accounts
Accountancy
answered on 09-Jan-21 19:26
Why PF ,EIS DIVIDED IN WAGE COSTS RATIO IN EACH DEPARTMENT?
latest answer
Because PF & ESI are part of salary / linked to salary
Reetikaa R
CA Final
★ 7K+
1
637
Salaries
Direct Taxation
answered on 09-Jan-21 13:54
What do u mean by and whats the difference of the following. 1. Reimbursement of expenses incurred in the official discharge of duties is not a perquisites 2.amount paid by an employer in respect of any employee obligation is a perquisites..
latest answer
Yes, absolutely
Shru Kanda
CA Inter
★ 610
3
709
Salaries
Direct Taxation
answered on 09-Jan-21 14:28
Plz explain the points in the image.. And what do u mean by salary earned in india..
latest answer
Ok tq
Shru Kanda
CA Inter
★ 610
6
804
Sequence of videos
Accountancy
answered on 09-Jan-21 08:58
Sir, what is the sequence in which I should be studying chapters for CA Inter?
latest answer
For respective subjects In the order in which we have given them in our videos. For which subject to start first. Watch 1st chapter of all subjects and then Choose 1 theory and one practical subject and start off
Aman Mahajan
CA Final
★ 19K+
1
578
Replacement cost basis
Accountancy
answered on 11-Jan-21 10:43
If finished goods are sold below cost, Raw material should be valued at replacement cost basis. What is the logic behind it?
latest answer
Generally a company does not sell raw materials. So as an alternative replacement cost is used. Which is the best available evidence of realisable value. (Assuming that the company could sell the asset at the price it would currently pay to buy)
Aman Mahajan
CA Final
★ 19K+
3
629
Replacement cost basis
Accountancy
answered on 09-Jan-21 18:39
How are liabilities valued at replacement cost. give examples
latest answer
Liabilities are valued at settlement value.
Aman Mahajan
CA Final
★ 19K+
1
581
A small thought/suggestion
Others
answered on 09-Jan-21 14:34
Dear Team IL, Students who buy a full group or both group classes may be given an option of paying on EMI basis, just like any other loan facility and i'm not saying that it should be interest free. Or a tie up can be done with someone like Bajaj Finance where dealer gets the payout and Bajaj recovers from the customer. Because many students or their parents have limited resources. A part can be allocated from the income every month instead of a chunk at one go. This will help them to a great extent. Just a thought came to my mind, so thought of posting it, hoping that it may be considered.
latest answer
We would be grateful for your kind efforts sir
Deepak Gupta
CA Inter
★ 1K+
3
620