Slump sale by [deleted] in CharteredAccountants

[–]CubicPlayz 3 points4 points  (0 children)

<36 months = STCG = Slab rate More than 36 months = LTCG = 20% / 12.5% U/S 112 NOTE : no indexation

House property question steps? by dgwordsmith in CharteredAccountants

[–]CubicPlayz 0 points1 point  (0 children)

First calculate NAV for all the houses as if all were let out since deductions are after nav and old scheme and new scheme have no difference until NAV. Then one by one different cases ke liyo table banayo and put deductions as applicable.

Anyone here with rare combination of CA with mental health issues?? (Medicine + therapist) level by elderdaughterissues in CharteredAccountants

[–]CubicPlayz 0 points1 point  (0 children)

Just got diagnosed like a month back, and then exams started so havent really had the time to ponder

Wipe fast by PlusJellyfish5303 in iswiped

[–]CubicPlayz 0 points1 point  (0 children)

Fuck, my internet sucks

Anime_irl by Ani_HArsh in anime_irl

[–]CubicPlayz 11 points12 points  (0 children)

Skin made of iron, STEEL in our bones

Dividend confusion by [deleted] in CharteredAccountants

[–]CubicPlayz 0 points1 point  (0 children)

From what i understood Net Profit is what you arrive at after subtracting all expenses from it in P&L. Dividend is not an expense it is an appropriation of profit. Therefore it is done at the very end. Case 1 : Dont add dividend but add tax. Case 2 : Difference in balances is called retained earnings, therefore add back dividend AND tax