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Exemption

Indirect Taxation

answered on 15-May-20 16:19

If a persons rents his vacant land for the purpose of cultivation of tomato which is for the purpose of converting into ketchup. Is this renting activity exempted from GST ?

latest answer

Yes renting a land Is exempted

Swathi Krishna

Swathi Krishna

CA Final

8K+

9

740

Points to icash

Others

answered on 14-May-20 15:51

How much icash will I get by burning 2000points?

latest answer

*can

lakshmi kollipara

lakshmi kollipara

CA Inter

1K+

5

745

Enquiry on CA-IPCC Registration Validity of Courses

Others

answered on 14-May-20 15:50

Dear Sir My CA-IPCC course Registration is going to expiring on August 17,2020 is there is any effect on my results .There is also no Revalidatation option in ICAI SSP portal Thanks & Regards Aakula Vikas

latest answer

Pls write to ssp help desk

VIKAS AAKULA

VIKAS AAKULA

Qualified CA

7K+

1

687

Registration

Indirect Taxation

answered on 14-May-20 21:25

Sir, I have a doubt regarding GST (Registration chapter) in ipcc, Qn.No. 20(ii) in our material page no.118. Qn is as follows.  Mr. S. N. Gupta of Rajasthan is engaged in trading of taxable good on his own account and also acting as an agent of Mr. Rishi of Delhi. His turnover in the financial year 2017-18 is off Rs. 1200000 on his own account and Rs. 900000 on behalf of principal. Both turnovers are intra state supply. Whether he is required to register under gst law?  Answer. Sir has explained the answer as like this, The aggregate turnover (12L + 9L) = 2100000 which is upto the threshold limit of 4000000.  Hence not eligible for registration.  My point in this question is, Under section 24 ( compulsory registration)of CGST act there is one point which is like this, " Any person who supplies goods or services or both on behalf of other taxable person, whether as agent or otherwise"  By looking at this point, S.N.Gupta is the agent of Mr. Rishi. So he comes under compulsory registration category. So he is liable for compulsory registration even without looking into his aggregate turnover..  I don't know whether am I right or wrong? Please help in this query sir.. 

latest answer

Thanks for the effort bro..

surya prakash

surya prakash

CA Inter

2K+

13

894

A request

Others

answered on 16-May-20 09:22

Can you please compile the various theory questions that can be asked in the exam for theory subjects like auditing. It would help us to practice the theory questions. Like you have done in EIS SM notes.. question answer wise. Just chapter-wise questions would do because notes are already there.

latest answer

Sure. We will work towards it.

Kumarjit Dey

Kumarjit Dey

CA Inter

4K+

4

667

Cma inter

Others

answered on 14-May-20 12:00

Sir i have tried many times But i am not able to accesss through computers?

latest answer

Please email us at support@indigolearn.com. Tech related stuff we cannot handle here

Srividya Vidya

Srividya Vidya

CA Final

0

1

806

How to get individual modules

Economics

answered on 14-May-20 11:44

Hi guys... How to get individual modules

latest answer

They were on sale Yesterday & day before. The window is closed now. We may sell them again next month. Regret that you will have to wait till then.

anju B

anju B

CA Inter

21K+

1

724

Free notes

Information Systems

answered on 14-May-20 09:38

Whether it is enough to study this free notes, whether it covered full concepts or not?

latest answer

Tq sir

Gayathre Jayachandran

Gayathre Jayachandran

CA Inter

1K+

2

1K+

MIS REPORT

Information Systems

answered on 14-May-20 08:52

Sir in ERP itself create mis report or ...person create mis report in ERP? (Like just click report in ERP it shown.)

latest answer

Generally, you can generate MIS report within the ERP software. But if ERP doesn't generate then entities sometimes also use other softwares to generate the report. Just to be clear, MIS is a summary report. It can be done manually as well.

Nivetharaman Raman

Nivetharaman Raman

CA Foundation

11K+

1

770

Notes

Strategic Management

answered on 14-May-20 06:15

Free notes are not available for SM, kindly pls provide it, it will be useful for revision purpose

latest answer

It's available

Gayathre Jayachandran

Gayathre Jayachandran

CA Inter

1K+

1

745