powered by logo

Forums

Time of supply

Indirect Taxation

answered on 23-Sep-20 17:41

Section 12[5] Can u gv Eg. For other case the time of supply is date on which GST is paid..

latest answer

Date on which GST is paid.

Shruthi V

Shruthi V

CA Inter

0

3

796

Overhead

Costing

answered on 26-Sep-20 10:37

Where is this comphrensive machine hour rate covered in the modules ? Is it the last three modules?

latest answer

K

Swathi Krishna

Swathi Krishna

CA Final

8K+

4

693

Partnership Accounts- Whether Max Loss or Highest Relative Capital Method?

Accountancy

answered on 23-Sep-20 12:00

Kindly advise how to identify whether this is Maximum Loss or Highest Relative Capital method. For your reference, this is Illustration 10 on Page 2.40 of ICAI CA Inter Group 1 Accounting Module.

latest answer

It would be given in the exam.

Suraj Narayanan

Suraj Narayanan

Qualified CA

7K+

1

1K+

Videos

Others

answered on 22-Sep-20 21:12

Where do I get videos of advanced accounting

latest answer

Go to buy courses tab on app and buy them. For buying on web click link below https://www.indigolearn.com/course/Advanced-Accounting-CA-Inter-New/ylxfac

Prasanna Jannu

Prasanna Jannu

CA Inter

7K+

1

598

Presentatio of accounts paper

Exams

answered on 22-Sep-20 21:12

Can we put the answersheet HORIZONTALLY and solve the question where the verticle page will not be sufficient like in case of PETTY cash book,or can we use 2 pages ( left and right) for one question

latest answer

yes

Ram Shete

Ram Shete

CA Inter

2K+

1

706

(Advanced Acc)Banking co. and NBFC

Accountancy

answered on 23-Sep-20 00:46

Apart from the videos in 1Fin, there are so much of theory in study material. Are they not necessary?

latest answer

Okay sir thank you

Susee Arunachalam

Susee Arunachalam

Qualified CA

26K+

2

640

Time of supply

Indirect Taxation

answered on 23-Sep-20 22:21

Sir , in case of supply of goods under RCM , part of the payment is on june 30 and balance amount on july 20 . Receipt of goods on july 1 and date of issue of Invoice on june 29 . In this case , why date of receipt of advance is taken as time of supply for that part payment , as advance received in case of goods is not taxed at the time of receipt ? Sir

latest answer

Thank you sir .

Srini Sriram

Srini Sriram

CA Final

4K+

4

672

No relief to partners for any set - off of claim in INDIAN PARTNERSHIP ACT

Corporate & Other Laws

answered on 23-Sep-20 17:05

For instance, If A and B are partners in a firm and action has been brought against the firm for â?¹100000. If partners have receivables â?¹80000. How does set - off will happen? Practically? Will the third party transact â?¹80000 first and the firm will transact â?¹100000 or the third party transact 79900 rupees and firm will transact 99900 rupees

latest answer

Ok may be my understanding of the concept â?? set - off claimâ?? wrong.

Deborah Susaiyappan

Deborah Susaiyappan

CA Inter

8K+

4

850

TOS of vouchers

Indirect Taxation

answered on 23-Sep-20 17:22

If the vouchers are sold .......but not used by the recipient and same had been expired then tos for voucher shall be expiry date... Am i correct or not...

latest answer

Ok sir

abhishek kapale

abhishek kapale

CA Inter

980

2

739

Composition scheme

Indirect Taxation

answered on 22-Sep-20 15:49

1.Rcm will b applicable in composition scheme? 2.Manufacturer or trader can also provide other small service and we hv limits for that right.. What if the main trading activity is oly 1.5 cr sir can he also provide other small service within the prescribed limits. That is 10% of turnover or 5 lakhs whichever is higher

latest answer

1. Even for composition registered person, RCM provisions will apply. 2. Not possible since once turnover exceeds 1.5 crore, he cannot continue under composition scheme.

Shruthi V

Shruthi V

CA Inter

0

1

762