Deduction under chapter VI A is not allowed against capital gains. Royalty is income under other sources thus there is no disallowance of deduction. It will be allowed
Deduction under chapter VI A is not allowed against capital gains. Royalty is income under other sources thus there is no disallowance of deduction. It will be allowed
The correct provision applicable here is sec 50c: When an immovable property is sold then its sale price should be SDV on that date if the property is sold at a price lower than SDV and the difference is more than 10%. So when land is sold to firm for 18lac, this value +10% i.e. 18+1.8 is lesRead more
The correct provision applicable here is sec 50c:
When an immovable property is sold then its sale price should be SDV on that date if the property is sold at a price lower than SDV and the difference is more than 10%. So when land is sold to firm for 18lac, this value +10% i.e. 18+1.8 is less than 20lac, the SP will be taken as 20l and accordingly its COA in the hands for firm will be 20l. Difference 2l will be taxed as OS us 56(2)x in hands of firm.
Similarly when firm sells it for 25l, this value+10% being less than SDV ie 28l, the SP will be taken as 28l and thus CG is 8l. Fair value has no relevance here. The difference 3l will be taxed as OS us 56(2)x in hands of buyer.
No its the opposite. Its the rupees rate. Moreover these are popular currencies, rupee is a stronger currency than yen so you have to pay more yen for 1 rupee. Rs 1 - ¥1.9516 - ¥1.9711
No its the opposite. Its the rupees rate. Moreover these are popular currencies, rupee is a stronger currency than yen so you have to pay more yen for 1 rupee.
Whether 80RRB available for patent taxed as per 115BBF
Deduction under chapter VI A is not allowed against capital gains. Royalty is income under other sources thus there is no disallowance of deduction. It will be allowed
Deduction under chapter VI A is not allowed against capital gains. Royalty is income under other sources thus there is no disallowance of deduction. It will be allowed
See lessSection 45(3)& section 55 Cost of Acquisition
The correct provision applicable here is sec 50c: When an immovable property is sold then its sale price should be SDV on that date if the property is sold at a price lower than SDV and the difference is more than 10%. So when land is sold to firm for 18lac, this value +10% i.e. 18+1.8 is lesRead more
The correct provision applicable here is sec 50c:
When an immovable property is sold then its sale price should be SDV on that date if the property is sold at a price lower than SDV and the difference is more than 10%. So when land is sold to firm for 18lac, this value +10% i.e. 18+1.8 is less than 20lac, the SP will be taken as 20l and accordingly its COA in the hands for firm will be 20l. Difference 2l will be taxed as OS us 56(2)x in hands of firm.
Similarly when firm sells it for 25l, this value+10% being less than SDV ie 28l, the SP will be taken as 28l and thus CG is 8l. Fair value has no relevance here. The difference 3l will be taxed as OS us 56(2)x in hands of buyer.
See lessWhether 80RRB available for patent taxed as per 115BBF
yes. It should be allowed
yes. It should be allowed
See lessThe effect on economy
Yes! Not the answer I was expecting but Thank you for giving me a head start and letting me find the solution for my self
Yes! Not the answer I was expecting but Thank you for giving me a head start and letting me find the solution for my self
See lessVaR conversion
In SFM, take 252 unless give otherwise in the question
In SFM, take 252 unless give otherwise in the question
See lessCA Final SFM – Bond Valuation (Expectation Theory)
Because the difference between both periods is 2 year and we have to find the rate per annum, hence raised to power 1/2.
Because the difference between both periods is 2 year and we have to find the rate per annum, hence raised to power 1/2.
See lessPortfolio Management: Overview
Because they can be traded only once during a day at closing NAV. There is no intraday transactions in open ended schemes
Because they can be traded only once during a day at closing NAV. There is no intraday transactions in open ended schemes
See lessStudy Mat Que 33 of Ch- Forex
No its the opposite. Its the rupees rate. Moreover these are popular currencies, rupee is a stronger currency than yen so you have to pay more yen for 1 rupee. Rs 1 - ¥1.9516 - ¥1.9711
No its the opposite. Its the rupees rate. Moreover these are popular currencies, rupee is a stronger currency than yen so you have to pay more yen for 1 rupee.
Rs 1 – ¥1.9516 – ¥1.9711
See lessForex CA Final
Either all of them are googly or they are not.
Either all of them are googly or they are not.
See lessDERIVATIVE ANALYSIS AND VALUATION STUDY MAT QUE6 ON PAGE NO-8.42
It means the spot rate at the time of maturity of future
It means the spot rate at the time of maturity of future
See less