Exemption

answered 20 mins ago

Will they give exemption for one subject if remaining papers are just filling the name and come?

latest answer

Yes

Short Video

CA Inter

★ 745

1

4

Upfront Premia

answered 2 hrs ago

What does it mean when you say that the upfront premia is an independent cost? In Illustration 50, we've assumed that the upfront premium is included in the forward rate. Here, we're considering the same as an additional cost over and above the forward rate. I don't get the true essence of what actually is happening here. Could you please help me out?

latest answer

Premia

Ruthvik Reddy Adala

CA Final

★ 5K+

1

3

Cross currency quesion

answered 2 hrs ago

Why can't we do it like this, as originally we have 1.44 euros, at the end of day we need to buy 1 dollar again at 1.4450 so 1.44 divided by 1.4450 =0.9965 dollars we get we fall short of 1-0.9965 = 0.003460 dollars, that is we will buy in our own currency as we have USD INR rate and we don't need to buy euro again that is short by 0.005, So the answer shall be 0.003460* 31.45*10 lakh= Rs. 108823.52

latest answer

Cross rate

Darpan Ghundiyal

CA Final

★ 0

3

18

A/c of co

answered 6 hrs ago

point b It's saying if subsidiary is unlisted then subsidiary can skip CFS ? If subsidiary is unlisted then holding co can skip CFS ?

latest answer

If the company is unlisted and incorporated outside India, what’s the provision wrt cfs

Sushmita Chowdhury

CA Inter

★ 2K+

1

6

if dependent

answered 6 hrs ago

sir what if he the person in USA is dependent/son. In this question its about export not import right ?, so what would be the treatment

latest answer

Export is not covered in Section 7(1)(C)

Hemachandra D

CA Final

★ 9K+

1

5

Forex chapter Ill-72

answered 8 hrs ago

Earlier A/Cs are sold at 500 EUR But when price is fixed @ Rs 25000 their customer has to pay only 483.09 EUR (ie Rs25000/51.75) So Reduction in price is 3.382% (ie;[ 500-483.09]/500*100) Then Demand Increase by 5.073% (ie;3.382%*1.5) So revised demand is 2528 approx (ie 2400units*1.0573 ) Sir, Is this Logic Correct?

latest answer

No, the price is fixed in INR and not Euro So equivalent Euros is the price - you have to ignore old price of 500 when you make this revised computation as they said price is fixed in INR. Comparision has to be 25000 @ 51.50 vs 25000 @ 51.75 I agree question can be worded better This is ICAI illustration 48 Page 10.104 https://resource.cdn.icai.org/83287bos67342-cp10.pdf

rashid poonthala

CA Final

★ 29K+

1

7

Tide demand

answered 8 hrs ago

Is the definition correct Tide demand are those demand where demand for a product gives rise to demand for other goods which are used with that good. Tide demand is also called complementary goods In video there are two examples Can we use these examples for our benefits Calculator gives rise in demand for battery Pen gives rise in demand for ink Notebooks gives rise in demand for pen or pencil Blackboard gives rise in demand for chalk Correct me wherever I am wrong

latest answer

Thanks for confirming

Gurukanta Singh

CA Foundation

★ 1K+

2

8

arbitrage illustraion 9 forex

answered 2 hrs ago

sir in this illustration we bought SGD against rupee in the first tranche not USD.

latest answer

Ok sir thanks

Akshat Sharma

CA Final

★ 0

9

22

AI

answered 11 hrs ago

which is best suited for investing in a matured company for their reconstruction or for their expansion. Option A, Venture Capitalist. Option B, Private Equity. Option C, Distressed Investing.

latest answer

B PE

Dhakshana Dhakshana

CFA L1

★ 18K+

1

5

Coupon interest is 80

answered 11 hrs ago

The coupon interest is taken as 80 in the solution provided in material provided.

latest answer

Regret the inconvenience - will correct the material - thanks a lot for highlighting the same

Sugathan P.R

CA Final

★ 7K+

1

3