The answer to above MCQ is (D)...
This is a very nice question since it involves 2 different chapters. Firstly as per section 15, excise duty and freight would be added to value of goods. Secondly, the definition of aggregate turnover makes it clear that any inward supplies subject to RCM would not be covered under aggregate turnover.
This is a very nice question since it involves 2 different chapters. Firstly as per section 15, excise duty and freight would be added to value of goods. Secondly, the definition of aggregate turnover makes it clear that any inward supplies subject to RCM would not be covered under aggregate turnover.
The answer for above question is
Anonymous Poll
8%
2nd May 2019
73%
5th May 2019
14%
6th May 2019
5%
7th May 2019
Thr correct answer is B
As per updated provisions, time of supply in case of goods arises at earlier of following two dates:-
1) Date of issue of invoicre
2) Last date of issuing invoice as per sec 31
As per sec 31, in case of goods, Invoice has to be issued before the dispatch of goods.
Accordingly, in above case Time of supply will be 5th May 2019 i.e. the date when the goods are dispatched for delivery.
As per updated provisions, time of supply in case of goods arises at earlier of following two dates:-
1) Date of issue of invoicre
2) Last date of issuing invoice as per sec 31
As per sec 31, in case of goods, Invoice has to be issued before the dispatch of goods.
Accordingly, in above case Time of supply will be 5th May 2019 i.e. the date when the goods are dispatched for delivery.
Hey guys..many students are se ding me doubts abt these two questions that their answer is wrong
Yes, by mistake their answer sequence has been written wrong
Answer for 1 would be c
And for 2 would d
Yes, by mistake their answer sequence has been written wrong
Answer for 1 would be c
And for 2 would d
There were few doubta abt Gratuity limit and other amendments of Income tax given in RTP. Have clarified on all these points in this video. Pls spare few minutes and do watch this video
Hey Guys. Hope ur preparation going on well. All the very best for your 1st exam tomorrow. Stay relaxed, stay chilled. I know it feels ki taiyaari achi nahi hui, kaash 1 din aur mil jata...but its always the case with everyone..just give ur best with whatever u have learnt in all these months
Take care of 2-3 things
1) Spare 5 minutes and read instructions in admit card. I know u all have already appeared for Foundation exams and u people know stuff. But certain things are different in Inter so just read once
2) Make best use of ur 15 minutes that u get for reading the paper. Make ur strategy of which questions to attempt first based on reading of paper in those 15 min. I always suggest start with questions u know best so that after 1 hour u can b sure that u have attempted 30-35 marks paper in best way. That assurance will give u immense positive energy in rest of 2 hours
3) And finally dont discuss abt exam after it is over. Just dont talk to friends, no youtube abt analysis of that paper (if any faculty uploads any analysis video). Our only focus should be on next exam
Take care of 2-3 things
1) Spare 5 minutes and read instructions in admit card. I know u all have already appeared for Foundation exams and u people know stuff. But certain things are different in Inter so just read once
2) Make best use of ur 15 minutes that u get for reading the paper. Make ur strategy of which questions to attempt first based on reading of paper in those 15 min. I always suggest start with questions u know best so that after 1 hour u can b sure that u have attempted 30-35 marks paper in best way. That assurance will give u immense positive energy in rest of 2 hours
3) And finally dont discuss abt exam after it is over. Just dont talk to friends, no youtube abt analysis of that paper (if any faculty uploads any analysis video). Our only focus should be on next exam
Hey guys, Hope your costing exam went well. Have made this video for you about how to prepare your tax paper in 1.5 days
Try n follow this strategy and you will br able to complete entire syllabus revision
Try n follow this strategy and you will br able to complete entire syllabus revision
All the very best Guys
U have done a lot of hard work.and surely it wl pay off. As i said in the video, last tak lage rehna, try and revise as many provisions as u can till.the last time.
All the very best to all of you. M sure i wl be receiving positive msgs from you all after the exam😊
U have done a lot of hard work.and surely it wl pay off. As i said in the video, last tak lage rehna, try and revise as many provisions as u can till.the last time.
All the very best to all of you. M sure i wl be receiving positive msgs from you all after the exam😊
Here is the syrategy to prepare advanced accounts paper in 2.5 days
Hey Guys ...you people might have heard that Foundation and Final exam today have been postponed due to SC verdict..Some CA Inter students asking me if SC verdict will impact their advanced accounts paper also, whether that can also be postponed
So hers the reply
Right now there is no official announcement abt CA Inter next exam. So the exam is ON...same date hoga...Dont b distracted coz of any such news...lage raho advanced accounts ki preparation me
It is most likely that if law and order remains normal today and 2moro, there will be no impact on CA Inter exams.
So hers the reply
Right now there is no official announcement abt CA Inter next exam. So the exam is ON...same date hoga...Dont b distracted coz of any such news...lage raho advanced accounts ki preparation me
It is most likely that if law and order remains normal today and 2moro, there will be no impact on CA Inter exams.
Announcement
As the Schools and Colleges in some parts of the Country are going to be closed on Monday, the 11th November 2019, the ICAI Examination of Intermediate/ Intermediate (IPC), Paper-5, Advanced Accounting scheduled for Monday I.e. 11th November 2019 at all examination centres across India and Overseas stand postponed to a future date.
It is also clarified that the examinations scheduled from 13th November 2019 onwards shall continue as per the schedule already announced.
Candidates are advised to stay in touch with the website of the Institute, www.icai.org for latest updates.
Rakesh Sehgal
Acting Secretary
As the Schools and Colleges in some parts of the Country are going to be closed on Monday, the 11th November 2019, the ICAI Examination of Intermediate/ Intermediate (IPC), Paper-5, Advanced Accounting scheduled for Monday I.e. 11th November 2019 at all examination centres across India and Overseas stand postponed to a future date.
It is also clarified that the examinations scheduled from 13th November 2019 onwards shall continue as per the schedule already announced.
Candidates are advised to stay in touch with the website of the Institute, www.icai.org for latest updates.
Rakesh Sehgal
Acting Secretary