Pls give me answer this quest. more than 10page
This query is : Resolved
14 March 2008
The primary purpose of the firm is to pay dividend for the share holders. Therefore, irrespective of the firm’s need and desires of share holders, a firm should follow a policy of very high dividend payout – Comment
14 March 2008
The credit policy of a company is criticized because the bad debt losses have increased considerably and the collection period has also increased. Discuss under what conditions this criticism may not be justified
14 March 2008
THE PRIMARY PURPOSE OF A FIRM IS TO CARRY ON THE BUSINESS IN ORDER TO ACHIEVE THE OBJECTS SET OUT IN ITS BASIC CHARTER LIKE PARTNERSHIP DEED OR MEMORANDUM OF ASSOCIATION.
ANY COMMERCIAL ORGAIZATION AIMS FOR WORKING EFFICIENLY IN ACHIEVING THOSE OBJECTS AND EARN PROFITS TO HANDSOMELY REWARD ITS STAKE HOLDERS.
A FIRM MAY FOLLOW A CONSCIOUS POLICY OF HIGH DIVIDEND PAYOUTS IF IT SO DECIDES BUT THE WORKING MUST BE GEARED UP TO ACHIEVE THIS OBJECTIVE.
THE SECOND QUERY ON BADDEBTS:
DURING GUJARAT EARTH QUAKE AROUND THE YEAR 2000/2001,MAJOR SALES MADE IN THAT AREA COULD NOT BE REALISED BY MANY UNITS ACROSS THE COUNTRY, AS THERE WAS A GENUINE GROUND OF NATURAL CALAMITY.I KNOW VERY BIG FIMS WHO WROTE OFF CRORES OF RUPEES DUE TO NON-REALISABLE DEBTS.
IF THEY ARE INSURED IT IS A DIFFERENT STORY.
SO THE JUSTIFICATION FOR A BADDEBT CAN BE GIVEN ,IF THERE ARE CIRCUMSTANCES JUSTIFYING THE SAME AND ALSO EFFORTS WELL DOCUMENTED LIKE CORRESPONDENCE ETC.. WITH DEBTORS . OTHERWISE YOU CANNOT PROVE THE SAME AS BADDEBTS BEFORE THE ASSESSING OFFICER .
R.V.RAO
ANY COMMERCIAL ORGAIZATION AIMS FOR WORKING EFFICIENLY IN ACHIEVING THOSE OBJECTS AND EARN PROFITS TO HANDSOMELY REWARD ITS STAKE HOLDERS.
A FIRM MAY FOLLOW A CONSCIOUS POLICY OF HIGH DIVIDEND PAYOUTS IF IT SO DECIDES BUT THE WORKING MUST BE GEARED UP TO ACHIEVE THIS OBJECTIVE.
THE SECOND QUERY ON BADDEBTS:
DURING GUJARAT EARTH QUAKE AROUND THE YEAR 2000/2001,MAJOR SALES MADE IN THAT AREA COULD NOT BE REALISED BY MANY UNITS ACROSS THE COUNTRY, AS THERE WAS A GENUINE GROUND OF NATURAL CALAMITY.I KNOW VERY BIG FIMS WHO WROTE OFF CRORES OF RUPEES DUE TO NON-REALISABLE DEBTS.
IF THEY ARE INSURED IT IS A DIFFERENT STORY.
SO THE JUSTIFICATION FOR A BADDEBT CAN BE GIVEN ,IF THERE ARE CIRCUMSTANCES JUSTIFYING THE SAME AND ALSO EFFORTS WELL DOCUMENTED LIKE CORRESPONDENCE ETC.. WITH DEBTORS . OTHERWISE YOU CANNOT PROVE THE SAME AS BADDEBTS BEFORE THE ASSESSING OFFICER .
R.V.RAO
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GST Regis.
- Inventory of finished goods
- Disallowance of Section 43B(h) to sez units
- Confusion around Form 26QB fields
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Sale of property furniture sale
- RCM INVOICING FROM NOV-2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Applicability of Ind As to associate of associate
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
