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Marginal relief

Direct Taxation

asked 2 hrs ago

In the illustration give me x 32 year old 50 lakh income default tax regime.tax rates should be calculated like upto 4 l , 4l-8l etc..in the video why is it showing upto 3 l

latest answer

No answers yet!!

Vismaya A

Vismaya A

CA Inter

250

0

4

Class related query

Direct Taxation

asked 2 hrs ago

I have revalidated ny course from sep 26 - jan 27 are the direct taxation classes updated

latest answer

No answers yet!!

Vismaya A

Vismaya A

CA Inter

250

0

5

Illustration 11

Financial Reporting

answered 5 hrs ago

Good morning sir. I have a doubt. In the previous video we saw whatever exchange gain/loss recognised in standalone financials shall be recognised in consolidated financials as well. But why are we not recognising Rs. 24 lakhs exchange gain in this problem?

latest answer

24 lakh exchange gain recognised by M Ltd in standalone P&L→ remains in consolidated P&L✅ Separately, when you translate the foreign subsidiary's inventory: Exchange difference arising from translating the foreign operation's financial statements → normally goes to OCI/FCTR. But because the inventory is an intra-group transaction and remains unsold, the unrealised profit is eliminated. That elimination does not mean you eliminate M Ltd.'s ₹24 lakh exchange gain. AM I CORRECT SIR?

Roobashree Rajagopal

Roobashree Rajagopal

CA Inter

1K+

1

13

To know about my study’s

Others

answered 6 hrs ago

Am a intermediate direct entry student

latest answer

Please elaborate your query!

Sameer Chammi

Sameer Chammi

CA Inter

40

1

7

CARO

Auditing

asked 19 hrs ago

Small company limits to be followed in sept 2026 attempt is 4cr & 40 cr or 10cr & 100cr?

latest answer

No answers yet!!

Karnakanti Meghana

Karnakanti Meghana

CA Inter

20K+

0

8

New Questions

Financial Reporting

answered 17 hrs ago

@Suraj Sir, by what date you'll upload these 30 questions? As we will have to revise these new questions atleast 2 more times before exams, right? They are quite helpful and ensures a comprehensive coverage

latest answer

Okay noted sir Tysm

Tanishka Kakar

Tanishka Kakar

CA Final

3K+

2

18

Systematic and Unsystematic Risk

AFM

answered 21 hrs ago

Sir, Since risk is usually measured by taking the square root of the variance, why do we use variance instead calculating systematic risk? In exams, should we show both the variance and as well as the standard deviation of the systematic and unsystematic risk? [Video Time Stamp: 18:12]

latest answer

Depends on question If just word risk is used then compute both variance and sd

Gokul

Gokul

CA Final

2K+

1

10

Code of ethics - Advertising

Auditing

asked 23 hrs ago

In the video, at around 4 min 10 sec, it has been mentioned that we are in such a sector where we cannot advertise. However, there is an amendment in code of ethics on this matter where the blanket ban has been relaxed to advertise and market their services under structured conditions. Kindly guide on how should we approach if a question on this is raised by ICAI? [Video Time Stamp: 05:46]

latest answer

No answers yet!!

Anurag Anil

Anurag Anil

CA Final

510

0

9

Consideration of growth rate for valuation of stock

AFM

answered 1 day ago

Sir, For the valuation of stock as at the end of 2008, we have considered the growth rate of earnings rather than the growth rate of dividends If we consider the dividend growth rate, we get a different answer. [Video Time Stamp: 07:49]

latest answer

If we use payout ratio is solution we should focus on earnings growth and not dividend growth

Gokul

Gokul

CA Final

2K+

1

5

partnership my own doubt

Accountancy

answered 17 hrs ago

what if the question given joint life policy and joint life policy fund

latest answer

JLP is transferred to realisation account. JLP fund is transferred to partner's capital account

Jeevethan

Jeevethan

CMA Inter

0

1

7