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Leave encashment
Direct Taxation
answered on 27-Sep-20 12:51
Problem 12 In this how leave encashment 26 camed ?
latest answer
It is clearly stated the leave encashment exempt is lower of a / b/ c /d . C is lowest and hence it is exempt. IF your question is how d is arrived. It clearly says in last bullet in Question that he is entitled to 30 days of leave per year of service i.e 1 month per year so 26 months for 26 years of service
Surya .b
CA Final
★ 5
2
681
Query
Others
answered on 27-Sep-20 16:09
Do u teach tricks in using a calculator in ur maths lectures??if any student knows,plz reply .like the below tricks
latest answer
Will check with faculty and let you know.
Reetikaa R
CA Final
★ 7K+
3
630
NBFC PROVISIONAL RATES
Accountancy
answered on 27-Sep-20 09:04
friends ..can anyone share updated NBFC provision rates pls?
latest answer
You can refer to the latest study material.
Vishwanath Tadur
CA Inter
★ 2K+
1
645
Brs
Accountancy
answered on 27-Sep-20 20:29
Dishonor of a bill discounted with bank What if the bill is honoured Also bills collected by bank on behalf of a customer
latest answer
For entries for Bills of exchange, please refer to videos of Bills of Exchange chapter. They are also covered in pages 6.5 & 6.6 of ICAI Study Material. Link below and pages also are attached herewith https://resource.cdn.icai.org/55003bosfndnov19-p1-cp6u1.pdf What happens in BRS depends on the fact if the entity accounted or not. If both bank and the entity passed entries there is no reconciliation. If bank passed but entity did not pass entry then in the BRS , such amount should be reduced from Balance in Bank account as per books of entity in order to arrive balance as per bank.
Prasanth Kumar
CA Inter
★ 13K+
7
826
Itc nov 20 amendment
Indirect Taxation
answered on 27-Sep-20 16:42
The question for apportionment of credit for capital goods which u explained sir in that after amendment what will happen to capital good E which is frst 6 months used for taxable supply? Directly with the itc divided by 60 months and den find D1..
latest answer
Yes right
Shruthi V
CA Inter
★ 0
1
671
Pls give complete solution of question 21
Maths & Stats
answered on 27-Sep-20 09:05
I am stuck at some step of it
latest answer
Pls share what you have done. We will guide you.
Nilesh Malviya
CA Inter
★ 655
1
667
Apportionment of credit
Indirect Taxation
answered on 29-Sep-20 12:52
For banking & nbfcz dey can use 50% of itc right sir.. Here itc on what means itc on common credit or total itc
latest answer
No credit.
Shruthi V
CA Inter
★ 0
3
667
Blocked credit
Indirect Taxation
answered on 28-Sep-20 06:51
Can u give an eg for motor vehicles less than 13 seating capacity u cant claim itc except transportation of passengers is allowes to claim itc sir.
latest answer
If you are running a taxi.
Shruthi V
CA Inter
★ 0
4
657
Demand
Economics
answered on 27-Sep-20 12:53
1) is normal goods and comfort good are same ??? 2) what is the difference between arc and point elasticity ?
latest answer
Did you go through the video - both aspects have been explained in videos
Balaji R
CA Inter
★ 6K+
1
618
Working capital. Wc of new company in pq Ltd sum
Financial Management
answered on 27-Sep-20 13:39
sir While calculating cost of finished and total cost why did we not deducted depreciation Can you please explain
latest answer
It has not been considered in this problem as only cash costs have to be considered
Sai E
CA Foundation
★ 37K+
1
663