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answered on 23-May-20 14:30

Till what date the 20percent offer is valid ??

latest answer

Monday end of day

Reetikaa R

Reetikaa R

CA Final

7K+

1

768

ITC (Rule 43 Apportionment of credit of capital goods)

Indirect Taxation

answered on 26-May-20 13:12

How to calculate for apportionment of credit of capital goods for the following. Mr. X is manufacturing Pen (taxable goods) and Pencils (exempt goods). He purchased one machinery for manufacturing. He uses the machinery only for exempt goods(Pencil) for first Six months and from seventh month onwards he used the machine commonly for both goods. Assume Value of machinery purchased is â?¹100000 and the Turnover of Pencil is 60 Lakhs and Turnover of Pen is 40Lakhs??

latest answer

Input Tax on Capital goods Rs.18000/- -1800/-(exempted for first 6months) =16200(Common credit attributable to both Exempted and Taxable) As per rule Common credit Rs.16200/- (Tc) divided with 60. such amount is reversed to Electronic cash in the ratio of Exempted Turnover (60/100) along with applicable Interest. IF capital goods used for Taxable earlier and subsequently used for common then, Input Tax on such capital goods -5% for each quarter from Invoice date will be reduced(Net amount is Tc) and balance is divided with 60 months,such amount is reversed to Electronic cash in the ratio of Exempted Turnover (60/100) along with applicable Interest.

surya prakash

surya prakash

CA Inter

2K+

11

886

CA foundation course details

Others

answered on 23-May-20 08:37

Sir in my purchased course for CA foundation is showing 15hrs to left ... what's that?

latest answer

It is showing 42 days 15 hrs left. So your course access ends after 42 days 15 hours that is on July 4th at midnight

Balaji R

Balaji R

CA Inter

6K+

1

688

Bank audit Chapter in Auditing

Others

answered on 22-May-20 20:49

Plse help to get the bank audit chapter in the IndigoLearn.. as an individual module

latest answer

OK... Thank you

frank joseph

frank joseph

CA Final

6K+

2

759

Bank audit Chapter

Others

answered on 22-May-20 20:49

Can I get lecture of bank audit chapter alone from IndigoLearn

latest answer

Individual modules are not available now. mostly It will be available before 30 days of Exam as already answered by sir in your previous query.

frank joseph

frank joseph

CA Final

6K+

1

719

Individual chapter

Auditing

answered on 22-May-20 17:16

I want ca Inter - bank audit lecture alone... How can I get it dear IndigoLearn team

latest answer

Dear Sir, Thank you for your reply.. Actually I am allocated for bank audit in our firm.. Which starts from Monday... So though of attending the lecture (bank audit).. If it possible can u plse enable the course for me

frank joseph

frank joseph

CA Final

6K+

2

818

Query

Others

answered on 23-May-20 10:40

How should I complete IT training n orientation programme?

latest answer

ICAI branches/Centers.

Reetikaa R

Reetikaa R

CA Final

7K+

9

754

Query

Others

answered on 22-May-20 13:11

Is reg no. Required for buying ur modules??

latest answer

No.

Reetikaa R

Reetikaa R

CA Final

7K+

1

710

Request

Others

answered on 22-May-20 11:43

Plz add me to the watsapp group sir .. I have enrolled for ca foundation nov 2020

latest answer

If you have purchased from us. please let us know with which email ID you purchased

Reetikaa R

Reetikaa R

CA Final

7K+

1

701

Query

Others

answered on 22-May-20 11:44

Will the videos be deleted after my.exams get over in nov 2020??

latest answer

Videos will be there on our server. You will not have access

Reetikaa R

Reetikaa R

CA Final

7K+

1

662