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section 10(2a) exempted income
Direct Taxation
answered on 12-Mar-25 16:18
sir, in the 11th part of the question, share of profits from a partnership firm is included in the total income by you. but isnt it an exempted income. please clarify sir.
latest answer
Share of income from Firm in India is exempt.
Ashwin Karthik
CA Inter
★ 170
1
1K+
IND AS 20
Financial Reporting
answered on 12-Mar-25 17:08
Sir in Ind AS 20, Is there any difference between deferred Grant income a/c and deferred grant liability a/c or both are same
latest answer
When recognised in Pl we call it income. When presented in BS its liability
R Yashwanth Kumar
CA Final
★ 87K+
3
160
Second transaction
AFM
answered on 11-Mar-25 16:24
In first we buy$ and sell INR for bank side selling ask rate applicable i e 61 ok And after sell $ and buy HKD in the hands of bank will sell HKD at a high rate that is 7.5920 how it comes 7.588
latest answer
Yes
Ramamoorthy Kaliyaperumal
CA Inter
★ 3K+
2
197
Poll
Corporate & Other Laws
answered on 21-Apr-25 15:39
Wrt point i It said subject to AOA But law said if 1/10 pusc or chairman can demand poll, why it aoa here
latest answer
Yes.
Sushmita Chowdhury
CA Inter
★ 2K+
6
207
FL in case of p.d
Financial Management
answered on 11-Mar-25 22:04
EBIT-I-(P.D/1-TAX) which = to EAESH? Then directly can we write EAESH
latest answer
EBIT - interest - (pref div /(1-t)) Is PBT Where have we considered tax on profits
anju B
CA Inter
★ 21K+
1
180
Chapter 3 - In Illustration 5
AFM
answered on 15-Mar-25 09:43
In Illustration 5, we ignored to multiply the PV factor with (Depreciation*Tax) and multiplied only with (Revenue-Cost) (1-Tax), but we multiplied the PV factor with "Cash flow after tax" in Illustration 2. Can anyone please explain the reason for the difference?
latest answer
Thank u sir
Narmada Chennuru
CA Final
★ 4K+
2
209
Income from house property
Direct Taxation
answered on 11-Mar-25 14:47
Income from house property let out property deduction under section 24 b
latest answer
It is 2 lakhs only. We will update it
Deeksha Ananda
CA Inter
★ 6K+
1
220
Cash flow statement
Accountancy
answered on 15-Mar-25 21:29
In this question, if the name is given as Zen ltd(company), can we consider the entire increase in share capital account of 224000 as issue of shares?
latest answer
okay Sir
Nisha M
CA Final
★ 2K+
2
230
LECTURE NOTES
Direct Taxation
answered on 11-Mar-25 09:10
SIR, should we write lecture notes during class or text is enough for effective study?
latest answer
Text is enough.
Sandeep
CA Inter
★ 50
1
216
FRA
AFM
answered on 11-Mar-25 09:27
Sir shouldn't 6X9 FRA mean that a agreement entered into after 6 months for 9 months like how you explained in your previous video where you said 1x4 FRA means a contract entered into after 1 month for 4 months
latest answer
1x 4 means it ends after 4 months
Prasoon Goel
CA Final
★ 920
1
335