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Illustration 4

Costing

answered on 14-Jul-24 11:44

In illustration 4 I understood all but the last equation, the 👉🏻how came 0.975

latest answer

1-0.025

Rasika Manjari

Rasika Manjari

CA Inter

0

1

226

FEMA 1999

Corporate & Other Laws

answered on 14-Jul-24 07:58

Mam if the person is resident of India and he has gone for employment for 6 months in which the category of going outside India for employment falls in Exception of the term resident then what will he be considered PROI or PRII

latest answer

Since there is certainty of period of stay, the person will be considered as a person resident in India.

SANSKRUTI SATANEKAR

SANSKRUTI SATANEKAR

CA Inter

3K+

1

200

PDF

Indirect Taxation

answered on 15-Jul-24 00:03

Hi sir Where can I download this pdf related to clarifications in exemptions

latest answer

Thank you sir 🙏

singareddy vivek

singareddy vivek

CA Inter

0

2

377

additional depreciation

Direct Taxation

answered on 15-Jul-24 13:42

When Asset is used for less than 180 days in a year, Then Additional is 10% + Normal Depreciation for current year AND Addition + Normal Depreciation + carry forward 10% add. depreciation

latest answer

Right.

Dwaraka Prasath

Dwaraka Prasath

CA Inter

7K+

3

348

Icai module

Direct Taxation

answered on 13-Jul-24 17:04

Illustration 1 icai module where I will get to know

latest answer

This concept we have discussed in Agriculture income topic under Rule 7.

Heta Ambani

Heta Ambani

CA Inter

60

1

207

Illustration of icai module

Direct Taxation

answered on 13-Jul-24 17:04

Illustration of icai module where did I get the solution

latest answer

In Indigolearn Agricultural income Chapter - Rule 7

Heta Ambani

Heta Ambani

CA Inter

60

2

368

CA Final regarded query

Others

answered on 18-Jul-24 00:54

I passed ca inter and I am doing B.Com in regular where one year is yet to complete.My doubt is that Can I register for ca final now and do self paced online modules and then after completing my degree, can i register for articleship? My another doubt is that can i do any other professional courses during this period.If yes, Do i need to obtain any permission?

latest answer

Wht* where

Shyamala Sivakumar

Shyamala Sivakumar

CA Final

210

3

317

Equity multiplayer

Financial Management

answered on 16-Jul-24 11:23

Sir, if the equity multiplayer is less than 1 , Can we conclude that there is no financial leverage or no debt involved? Or how to interpret it in the right way

latest answer

Equity multiplier is the ratio of (total capital or investment)/ equity.. so it will never be less than 1 .. It is an measure of financial leverage means it tells what portion of return on equity is the result of debt

Divya K

Divya K

CA Inter

885

1

231

The question average tax rate as per income tax Act 1961

Direct Taxation

answered on 13-Jul-24 17:05

But why sir calculated by OTR it is in Annual Finace Act only no

latest answer

Average rate of tax means Total Tax/ Total Income * 100. Purpose is to find out the average percentage of tax paid by the taxpayer.

SURYA NARAYANAN v

SURYA NARAYANAN v

CA Inter

6K+

1

235

Exempt services excluded for turnover

Indirect Taxation

answered on 15-Jul-24 00:02

Hi sir In the name aggregate turnover the word turnover means sales then how can we bring income element i.e interest or discount as an exclusion

latest answer

Thanks sir

singareddy vivek

singareddy vivek

CA Inter

0

2

224