Sec 80 GG

asked 2 hrs ago

What does total income under sec 80GG includes?

latest answer

No answers yet!!

Soon to be CA

CA Inter

★ 4K+

0

15

Impairment Loss - Illustration 21 SM

asked 2 hrs ago

Sir, will we have to test for impairment of individual CGU first, If the goodwill can be allocated on a reasonable basis.?

latest answer

No answers yet!!

Rahel Rayu

CA Final

★ 3K+

0

17

Impairment loss

asked 4 hrs ago

What is ans ...what is the conclusion

latest answer

No answers yet!!

Lucky Ten

CA Inter

★ 0

0

25

Deductions from GTI

asked 5 hrs ago

S.80A(5) - Where the assessee fails to make a claim in his ROI for any deduction under section 10A or section 10AA or section 10B or section 10BA or under any provision of this Chapter under the heading "C.—Deductions in respect of certain incomes", no deduction shall be allowed to him thereunder. S.80AC - Where in computing the total income (NTI) of an assessee of any P.Y. relevant to the A.Y. commencing on or after— (ii) the 1st day of April, 2018, any deduction is admissible under any provision of this Chapter under the heading "C.—Deductions in respect of certain incomes", no such deduction shall be allowed to him unless he furnishes a return of his income for such A.Y. on or before the due date specified under sub-section (1) of section 139. Doubt: In both the provisions it is said that -----> Deductions in respect of items in "Chapter VI-A Part-C" is allowed only if return on income is filed within Due date. What is the difference between these 2 provisions? Isn't it a repetition? or is there any reason behind?

latest answer

No answers yet!!

Girinath A

CA Inter

★ 765

0

25

SPOM

answered 8 hrs ago

Can someone please guide me on how to study for law SPOM

latest answer

Complete the mandatory hours in portal. And give one through reading of book + practice MCQs . Should be sufficient.

Gauri Shete

CA Final

★ 4K+

1

44

Sir, Is my understanding correct ?

answered 7 hrs ago

Spot INR.48.0123 , Ideal Fwd INR 48.9356 , Actual Fwd 48.8190. INR is depreciating and $ is appreciating, As per Ideal fwd INR is depreciate further than actual, it means $ appreciate further than actual , so enter into a fwd contract to buy $ now so when $ appreciates we can buy lower and sell for high INR value.

latest answer

Thanks Sir

Prethivi Rajan

CA Final

★ 9K+

2

43

Registration

answered 10 hrs ago

23 ITC of stock and capital goods will be transferred? From old entity to new

latest answer

In case of reconstitution of business, ITC can be transferred by filing GST ITC -02. Entire ITC lying in electronic credit ledger.

Sushmita Chowdhury

CA Inter

★ 2K+

2

48

Answer Paper Sep 2024

answered 4 hrs ago

This is my Paper - 6B Sep 2024 Strategic Management paper Please anyone sort out issue that why there is lots of minus symbols in my paper

latest answer

Ok, thank you sir🙏

Praveen Raj

CA Inter

★ 0

2

58

TDS.

answered 10 hrs ago

1.Mr.Vishnu A indian Resident is Due received ₹ 9 lakh on 31.3.2024. towards the maturity precedes of policy taken on 31.3.2015.for which sum assured is ₹ 7.5 lakh. And the premium is ₹2500 per month. Case : 2 Mr.Ganesh withdrew ₹1.25 cr from the SBI on 21.7.2023. Mr Ganesh failed to furnish the return for the last 4 years. Case : 3 Mrs. Laxmi and Mr. Vishnu is the joint owner of the plant & machinery. Their share in plant & machine 2:8. This machine gives Mr. Taxak For ₹5 Lakh as a lease. Case 4 : MR. Ram is the owner of the land of saputara village. He sells those land to Mr. Shiv for ₹ 13.5 Cr and stamp duty value ₹ 15 Cr. In the above all cases assume that : Turnover exceeds the ₹1 Crore. Discuss the Taxability Of TDS.

latest answer

Apply Section 194DA, Section 194N and Section 194IA and Section 194I.

Rana Darshan

CA Inter

★ 810

1

66

MCQ_ Ind AS 7

answered 7 hrs ago

Sir , in this question I think both answer are correct c and d as I totally agree that depreciation won't be included in operating but neither interest will be included in operating. Kindly explain if I am right or something is wrong in my understanding.

latest answer

Modified slightly.

Hrishikesh Pradhan

CA Final

★ 5K+

2

52