Thank you so much, sir. I usually don't comment on any faculty's video, but I couldn't stop myself today. I came across your channel a few days ago and your practice batch, too. I hope more students find your channel. I wish God's blessings for you, sir.
"Thank you so much for your hard work and dedication towards the CA Final students. Your teaching style and emphasis on conceptual clarity have made a huge difference in understanding complex topics. It's evident that you truly care about our success, and your efforts are greatly appreciated by so many of us. Keep up the amazing work, sir!"
Many more may also be unaware from these valuable sessions, request to share more and more so that they may also be benefitted from the same. Thank you
Sir in question 12, Double tax income would be 17000 $ (Assuming 8000$ not taxable in country Y as basic exemption) But in our calculation we take doubly tax income as 17500$ ( As we have provided 30% SD which comes out to be 7500$ but what about 500$ which is extra exempt in foreign ) Please clarify
1:42:29 Sir , In some solutions Institute considers the TDS while calculating the net Tax liability in some cases they are ignoring it. Here in this question we gross up the dividend received but TDS portion (i.e. Rs. 13889) not considered while calculating the net tax liability . Can we consider the same ?
Hey, actually if ques asks Tax liability then we don't have to reduce TDS. However, if the ques. asks Tax Payable, then Tax liability is to be reduced by the amount of TDS/TCS/Advance etc. This goes for all ques in DT. Hope this helps.
Here for calculating double taxed income, since in India, loss is allowable, hence, after set off of loss doubly taxed income is being considered viz. 2,46,000
@@SureshKumar-ww6ibhere tax paid outside India is being calculated, since, municipal tax is not allowable outside India, hence not considered. Don't mix the things & confused, first check what is required and accordingly what is being done.
Sir agr in dtaa,capital gain income aa rhi h foreign income m toh avg tax rate in foreign country kese niklange ........if special income ho jese LTCG @10% or STCG of 15%
If it is arising out of your business activity, then, PGBP, in otherwise case, IFOS. For 80QQB, it must arise out of your business activity, although, in this case, it couldn't be possible due to 115BAC.
MOST UNDERRATED TEACHER OF DT , NO HYPE LIKE THE NEWEST ENTRANT IN THIS FIELD 💗💗🙏🙏🙏🙏🙏
well said, this is very unfortunate, many students may get benefitted from his knowable & expertise, sir is ultimate faculty of direct tax.
Agree
Thankyou Soo Much Sir ❤
Nice collection of questions, very good approach of explaining, great sir, always blessed to have a sir like you❤
Sir k बनाए हुए CA aaj market me ghum rahe hai no comparison with new faculty he is great teacher in DT field
feeling blessed when i am watching all your sessions
Thank you sir this series is a Great help for us, thanks again sir🙏
Time Stamp:
00:00 Introduction
01:06 Question 1
03:52 Question 2
08:31 Question 3
14:49 Question 4
22:28 Question 5
30:36 Question 6
39:44 Question 7
46:49 Question 8
52:59 Question 9
1:03:06 Question 10
1:11:39 Question 11
1:31:09 Question 12
1:43:40 Question 13
1:51:00 Question 14
1:58:35 Question 15
2:04:37 Question 16
2:16:16 Question 17
47:19
3:55
8:38
52:55
1:03:19
1:11:58
2:04:46
Thank you sir for sharing best practice sessions ever on youtube.
Thank you so much, sir. I usually don't comment on any faculty's video, but I couldn't stop myself today. I came across your channel a few days ago and your practice batch, too. I hope more students find your channel. I wish God's blessings for you, sir.
It's my pleasure to have students like You on my channel..
Best wishes to You for a great future ahead....
Brilliant teaching, thank you sir
These are amazzzzzzing . Very crisp but detaied revision of compiled questioned with concept clearity . Thank you sir
"Thank you so much for your hard work and dedication towards the CA Final students. Your teaching style and emphasis on conceptual clarity have made a huge difference in understanding complex topics. It's evident that you truly care about our success, and your efforts are greatly appreciated by so many of us. Keep up the amazing work, sir!"
Thank you very much dear sir
Much needed support.
THANK U
😍😍
your efforts are very much appreciable sir❤
Thanks from cma faternity
Always welcome
Thank u very much sir
Thank You Sir ❤ mjha aa gya
Wow sir what a wonderful lecture aap to dt kr bhgwan ho pehle kyu nhi mila yh lecture ❤
Many more may also be unaware from these valuable sessions, request to share more and more so that they may also be benefitted from the same. Thank you
Thanks sir for providing practice sessions😀
Thanks !!
very helpful... thank you so much sir
Thanks a lot sir.
Please also provide concept video also so that students not financial able to purchase class can be benifited out of this.
Thanks a lot sir....god bless you.
Sir in question 12,
Double tax income would be 17000 $ (Assuming 8000$ not taxable in country Y as basic exemption)
But in our calculation we take doubly tax income as 17500$ ( As we have provided 30% SD which comes out to be 7500$ but what about 500$ which is extra exempt in foreign )
Please clarify
Kindly upload same lectures for may 25 as well sir
1:42:29 Sir , In some solutions Institute considers the TDS while calculating the net Tax liability in some cases they are ignoring it. Here in this question we gross up the dividend received but TDS portion (i.e. Rs. 13889) not considered while calculating the net tax liability . Can we consider the same ?
Yes, you can consider the same, but, FYI in double taxation relief questions institute expecst proper double taxation relief quantification mainly.
Ok Sir , thanks so much 🙏 😊
Hey, actually if ques asks Tax liability then we don't have to reduce TDS. However, if the ques. asks Tax Payable, then Tax liability is to be reduced by the amount of TDS/TCS/Advance etc. This goes for all ques in DT. Hope this helps.
Super seen on 23 September 24
thank you sir
6, 10, 11, 16, 17
Sir at 1:56:32, in question 14, the amount of dividend from indian company is after deducting TDS, so shouldn't we gross up?
No, actually, it's "dividend income" given in question, not "dividend RECEIVED", hence, grossing up effect not given
@@SatishMangalClasses Thankyou so much! I got so much clarity after this lecture
One request plz stop sir RUclips ads
1:02:20 yaha other country ka tax calculation m bhi loss ka set krenge kya sir it is not allowed in other country ie country y
2:14:47 sir is rule k according fir municipal tax ka bhi deduction milna chahiye tha
Here for calculating double taxed income, since in India, loss is allowable, hence, after set off of loss doubly taxed income is being considered viz. 2,46,000
@@SureshKumar-ww6ibhere tax paid outside India is being calculated, since, municipal tax is not allowable outside India, hence not considered.
Don't mix the things & confused, first check what is required and accordingly what is being done.
@@SatishMangalClassesAcha acha samj gya
Sir agr in dtaa,capital gain income aa rhi h foreign income m toh avg tax rate in foreign country kese niklange ........if special income ho jese LTCG @10% or STCG of 15%
Normally, as we do in otherwise case, i.e. total tax (even if included amount is computed as per special rate) ÷ total taxable income
23:00 royalty other sources m nhi jati kya sir
If it is arising out of your business activity, then, PGBP, in otherwise case, IFOS.
For 80QQB, it must arise out of your business activity, although, in this case, it couldn't be possible due to 115BAC.
Sir can these same question repeat in exam.
Yes in similar form
45:22
Thank you sir
Thanks a lot
Always welcome khushi and Kindly share with others so that they can also avail the benefit of these practice sessions series.
Thank you sir