Forums
House property
Direct Taxation
answered on 22-Apr-24 09:34
What is the answer for this question.. option b or option c
latest answer
Deduction upto 2L can be claimed by each co owner.
Lavi Lavanya
CA Inter
★ 6K+
6
345
LTA
Direct Taxation
answered on 15-Apr-24 14:46
Travel expenses spent for parents are allowed as LTA? Since assessee is not traveling with parents, shall we submit the traveling expenses of parents under LTA
latest answer
If they are dependent then Yes. But ideally it is allowed only when assessee is travelling.
SreeSree Vedu
CA Inter
★ 8K+
2
313
AS7
Accountancy
answered on 15-Apr-24 19:22
How did we get 36L in sub division 2 of the illsn
latest answer
pls share your working
Shruthi Nachammai
CA Inter
★ 4K+
3
424
AS 7
Accountancy
answered on 14-Apr-24 22:58
How to solve this illustration question. Pls someone send the workings
latest answer
Mari consideration emi ledha
Shruthi Nachammai
CA Inter
★ 4K+
8
298
DOUBT
Financial Management
answered on 15-Apr-24 21:30
SIR IN THIS QUESTION WHY ARE WE NOT TAKING AVERAGE OF ROL-IDEAL ROL FOR CALCULATING STOCK CARIED IN CARRYING COST
latest answer
Average is not required by ROL Qty - lead time qty is always maintained.
SHARINIDHA KS
CA Final
★ 2K+
1
179
Professional Misconduct
Auditing
answered on 15-Apr-24 19:47
If a firm signed a BS of entity, and the engagement partner failed to disclose a material fact. In this case, only engagement partner will be liable for misconduct under 5/1/2 or the all partners of the firm (who are not involved with that audit) will be also liable for professional misconduct?
latest answer
Liability is for the firm . Engagement partner is working in a capacity of partner.
Chandu vadla
CA Final
★ 11K+
3
300
completed gift
Corporate & Other Laws
answered on 15-Apr-24 16:16
if a person promises to donate a10 smartboards to a school and there is no written agreement and later the person refuses to donate it whether the school fike a case ?
latest answer
Yes
Bharavi Kothari
CA Foundation
★ 20K+
1
153
completed gift
Corporate & Other Laws
answered on 15-Apr-24 16:16
if a person promises to donate a water purifier to a school in a written agreement and later refuses to donate it whether the school can file a case against the person ?
latest answer
Liability as in if they have purchased the water purifier on the basis of that person's promise.
Bharavi Kothari
CA Foundation
★ 20K+
3
136
DOUBT
Financial Management
answered on 13-Apr-24 17:37
SIR FOR PAYMENT TO SUPPLIER A CREDIT TERMS IS 1MONTHS THE AMT TO BE ON 7 JAN 2017 WILL BE 55000 ONLY KNOW SIR BUT IN THE VIDEO IT HAS BEEN STATED AS 45000 KINDLY SAY WHICH IS RIGHT SIR
latest answer
In the question part, in the earlier video, at 7:45 I clearly read out what is given in the question, which says, irrespective of the payable amounts, a standing order is set by the company for an amount of Rs. 45,000, which would be adjusted periodically. Also the question clearly tells us not to make adjustments. So Rs. 45,000 is the cash outflow and it is correct
SHARINIDHA KS
CA Final
★ 2K+
1
211
Deferred Tax
Financial Reporting
answered on 15-Apr-24 19:39
Video No 30 Illustration 13 DTL is calculated as 25%. In the question 20% is the tax rate given
latest answer
will recheck. Sometimes in a flow, I would have taken previous question rate!
swaminathan sundaram
CA Final
★ 110
1
268