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Time of Supply- Advance Payment
Indirect Taxation
answered on 12-May-20 15:32
In illustration-4 as per the indigo study material Transportation services under RCM Advance payment - June 17 th Date of invoice- July 22 nd For first part payment we consider TOS as June 17th The next payment is not mentioned in the question then should we consider 61 st day from the date of invoice as TOS for second part?
latest answer
What i said earlier is correct. For simple understanding we can say that, If payment is made within 60 days from date of invoice then TOS= Date of Payment If payment is not made within 60 days from date of invoice then TOS = 61st day of Invoice
sai krishna teja
CA Inter
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3
832
Individual module
Others
answered on 11-May-20 20:47
At 12pm ur uploaded individual module
latest answer
Yes
Nivetharaman Raman
CA Foundation
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1
631
Alternate Minimum Tax
Direct Taxation
answered on 12-May-20 14:53
Is alternate Minimum Tax a Mandatory alternative to the Normal Income tax? If yes, who has to pay the AMT.
latest answer
Ok..thank you..
Pranav Connecting...
CA Inter
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6
829
Are joint auditors have to obtain common engagement letter,common management representation letter?
Auditing
answered on 13-May-20 08:03
Can anyone explain this how is it possible?
latest answer
When joint auditors are appointed, it is their joint responsibility of the total audit, unlike branch auditors who are only responsible for that branch . But joint auditors are given joint responsibility of the total audit of the company. In such case the the management will treat them as one for the purpose the audit. Amongst the joint auditors, they can decide who is going to represent all, who is going to audit which area but AS 299 states that they issue a common engagement letter and management representation letter so that there is uniformity. The Joint auditor who differs in opinion can definitely issue a separate report.
K.V. Karthik
CA Inter
★ 34K+
3
1K+
Assuring quality, authorising the acquisition of goods, selection of suppliers.
Auditing
answered on 11-May-20 18:47
Which of the above are crucial to purchase department?
latest answer
Authorising the acquisition of goods is the crucial but quality assurance and selection of suppliers is part of that acquisition process.
K.V. Karthik
CA Inter
★ 34K+
1
683
Individual module
Others
asked on 11-May-20 09:54
Tq so much for individual module sir...
latest answer
No answers yet!!
Nivetharaman Raman
CA Foundation
★ 11K+
0
695
MCQs and forum for pc users
Others
answered on 11-May-20 10:47
Please introduce MCQ and forum feature for PC users who have purchase your courses. Apparently they are not programmed for computers
latest answer
Ok
Kumarjit Dey
CA Inter
★ 4K+
2
869
Differential voting rights
Corporate & Other Laws
answered on 19-May-20 14:27
Please upload part 1 of Differential voting rights.Only part 2 is available
latest answer
There we amendments in Rule 4(1) few sub points those were given in DVR II - amendment video which were previously discussed in S.43 Equity Shares with Differential Voting Rights (DVR). The continuation of Rule 4(1) can be found in DVR II video.
Raviteja Kusumanchi
Qualified CA
★ 42K+
4
828
Present indefinite tense
Others
answered on 11-May-20 12:54
Check and tell me my mistake
latest answer
2) Your brother lies 3) Cowards runaway from battle field 4) Ram's brother always helps me 5) When Virat is successful, Indian team wins. 6) In January, its very cold in Delhi or In January, winters are severe in Delhi. 7) Today, United Nations' main aim is world peace.
Priyanka Saini
CA Foundation
★ 12K+
1
753
Branch accounts
Accountancy
answered on 12-May-20 09:32
Sir, is there any difference between branch adjustment a/c and stock reserve a/c. If there what is the difference. In lecture sir taken balancing figure of branch adjustment a/c to branch p/l but stock reserve account balance t/f to head office p/l account... Why so?? Plz explain
latest answer
Yes, i understood tqsm
Star Ca
CA Inter
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7
2K+