Forums
Composition levy
Indirect Taxation
answered on 22-Sep-20 16:03
I saw the video bt i dint understand the calculation sir.. 3% on what? Registered person can opt for this notification right registered under what sir?
latest answer
Yes right ð???
Shruthi V
CA Inter
★ 0
3
735
Composition scheme
Indirect Taxation
answered on 22-Sep-20 17:00
Can u explain me the italic word sir
latest answer
It means that if we file an application in FY 18-19, effective date cannot be prior to 1.4.2018
Shruthi V
CA Inter
★ 0
5
681
Standard Costing
Costing
answered on 24-Sep-20 06:22
What should we do with standard loss while calculating standard mix in case of revised standard quantity determination?
latest answer
10% is normal loss.
Kumar Sarthak
CMA Final
★ 12K+
3
720
Composition levy
Indirect Taxation
answered on 23-Sep-20 12:19
In video class it's mentioned returns r filed quarterly bt here in icai mat. Its given yearly which is correct sir?
latest answer
Ok sir..
Shruthi V
CA Inter
★ 0
7
719
Tos of goods illustration 3
Indirect Taxation
answered on 22-Sep-20 16:17
In solution of point 4 why the date of balance payment is considered on1st july ....as in question it is mentioned on 20th july
latest answer
Since. As per Section 12(3), TOS shall be earliest of the following dates: 1. Date of payment 2. Date of receipt of goods 3. 31st day from Date of Invoice.
abhishek kapale
CA Inter
★ 980
3
711
Composition scheme
Indirect Taxation
answered on 22-Sep-20 14:15
When u cant make inter state supplies. Why is inter state suplies of goods & services included in calculation of aggregate turnover sir.. Or here oly inter state supplies mnz inward supplies.
latest answer
For calculation of aggregate turnover, generally we include everything. But in case of composition registered person he cannot engage in inter state outward supply of goods. Trust this clarifies !
Shruthi V
CA Inter
★ 0
3
673
Redemption of debentures
Accountancy
answered on 23-Sep-20 21:38
In question 4 of the practical problem , the amount w.r.t debenture redemption reserve investment is encased upto 15% when own debenture is purchased. Why 15% is taken ?
latest answer
Now I understood . Thax
Swathi Krishna
CA Final
★ 8K+
2
628
Indian partnership act
Corporate & Other Laws
answered on 23-Sep-20 12:25
A, B and C were partners Ina firm of drapers. The partnership deed authorised the expulsions of a partner when he was guilty of flagrant breach of duty. A was convicted of travelling without ticket. On this ground, A was expelled by B and C . Is expulsions justified. Please explain briefly.
latest answer
Yes. The act brings in penalties under law.
Deborah Susaiyappan
CA Inter
★ 8K+
1
739
Economics
Others
answered on 23-Sep-20 14:55
How can we treat 580 as fixed cost if it is chaanging with output
latest answer
Cost at 0 units is fixed cost
Prasanth Kumar
CA Inter
★ 13K+
7
658
Indian partnership act
Corporate & Other Laws
answered on 23-Sep-20 14:57
If court has dissolved the firm due to insolvency of all the partners , than how can they pay their liabilities to the outsiders or third party.
latest answer
Loss
Deborah Susaiyappan
CA Inter
★ 8K+
3
585