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CAPITAL GAINS CHAPTER

Direct Taxation

answered on 02-Jan-24 14:26

THIS QUERY REGARDING STUDY MATERIAL TEST YOUR KNOWLEDGE QNO-1. SHARES SOLD ON 01-10-2023 BUT HELD THESE SHARES FROM 01-04-2007 HOWEVER FMV OF THESE SHARES ON 31-01-2018 IS 2000 PER SHARE. MY DOUBT IS WHILE CALCULATING COA IN THE YEAR PY 2023-24 INDEXATION BENIFIT FROM 2017-18 IS NOT CONSIDER?

latest answer

As per Section 112A, no indexation benefit is allowed

Anjaneyulu Goriparthi

Anjaneyulu Goriparthi

CA Inter

★ 15K+

2

515

Conversion

Exams

answered on 30-Dec-23 16:37

Sir..I completed my degree now i did not qualify my CA Foundation exams..I want to convert for direct entry students for CA intermediate..I want to register under CA inter new scheme to attempt in May 2024 and i could see that for direct entry students the date for registration under direct entry scheme to attempt in May 2024 is Jan 01 2024..Is this correct and can i attempt for May 2024

latest answer

You can write in Nov-24 only.

Sadhvi

Sadhvi

CA Inter

★ 8K+

1

537

financial leverage

Financial Management

answered on 29-Dec-23 14:24

why are we dividing preference dividend with 1-tax in formula of financial leverage. Video Details Course: Financial Management Module: Financing Decisions - Leverages Section: Combined Leverage

latest answer

Becuase Pref dividend is amount paid post tax so for us arrive at pref dividend of 100 at a tax rate of 33.33% we need to earn 150

Gourav Maniyar

Gourav Maniyar

CA Final

★ 205

1

457

Ind AS 109

Financial Reporting

answered on 29-Dec-23 10:17

Whether investment in subsidiary (in case of guarantee) continue to be in the books? Video Details Course: Financial Instruments - FR Module: Financial Assets, Financial Liabilities & Equity Section: Nov 22 Question - Guarantee

latest answer

Yes

shamanth rm

shamanth rm

CA Final

★ 2K+

1

428

Illustrations

AFM

answered on 29-Dec-23 13:40

STUDY MATERIAL questions are given in this material (indigo learn) are covered all of problems of amendment material of AFM 2024 MAY ICAI STUDY MATERIAL Video Details Course: Advanced Financial Management - AFM Module: Foreign Exchange Exposure and Risk Management Section: Illustration # 8 - Cover

latest answer

Yes. 99% of them - 1or 2 Questions would have been left out (on an overall basis) if they are of repetitive nature or a very similar question has already been solved

venkat pokala

venkat pokala

CA Inter

★ 0

1

440

Ind AS 109

Financial Reporting

answered on 29-Dec-23 11:43

When market rate is higher than Actual rate we calculate PV and bifurcate equity and FL. What if market rate is below actual rate? How do we account for this situation?

latest answer

Yes

shamanth rm

shamanth rm

CA Final

★ 2K+

3

410

LLP

Corporate & Other Laws

answered on 29-Dec-23 08:35

In LLP,what is the time limit for filing statement of account and solvency??

latest answer

Thank you

Krishnan K

Krishnan K

CA Inter

★ 5K+

2

442

Unpaid cheque returned out of date

Accountancy

answered on 02-Jan-24 15:58

How to treat this item? Could someone explain what the item really is? From Nov 2020 Question Paper

latest answer

First credited and then debited.

Vishnu Muraleedharan

Vishnu Muraleedharan

CA Final

★ 32K+

3

722

Material cost Illustration 15 doubt on full form of MRR

Costing

answered on 20-Jan-25 16:07

In the given photo transaction with date 20-9-X1. Please give the full form of MRR

latest answer

MRR means Material Received Register. when goods are received by Stores Dept., they will record in MRR.

Gautham

Gautham

CA Inter

★ 0

1

566

How to prepare for CA final paper 6? May 24

Exams

answered on 30-Dec-23 16:37

Sir could you give suggestions as to how to prepare for paper 6?

latest answer

Conceptual understanding of Papers 1-5 and Set A & B. Practice reading case studies and solve them independently.

Vindhya Y.V

Vindhya Y.V

CA Final

★ 17K+

1

624