Forums
Extension on Due date
AFM
answered on 22-Nov-25 20:10
Sir, why does the customer has to buy USD when he already cancelled the contract and seeks extension? Please clarify about that, Contra Part sir. [Video Time Stamp: 07:02]
latest answer
Extension = cancel old + buy new
Murali Thripuraboina
CA Final
★ 3K+
1
104
Tax rate u/s 112A
Direct Taxation
answered on 24-Nov-25 18:24
As per section 112A, tax rate is 12.5% exceeding 1,25,000 right but here you are saying tax rate is 10% exceeding 100000. [Video Time Stamp: 07:19]
latest answer
Thank you Sir
Priya Ravi
CA Inter
★ 55K+
2
126
Stamp Duty Value
Direct Taxation
answered on 24-Nov-25 17:39
Is Stamp duty value is 105% or 110%? [Video Time Stamp: 10:01]
latest answer
110% only.
Priya Ravi
CA Inter
★ 55K+
1
113
Po for year 1 and year 2
AFM
answered on 22-Nov-25 16:56
Sir, to calculate po for year 1 and year 2 we need use D1/ke but we took directly D1 and D2 like 4.8 and 5.76
latest answer
P0
Naga Srinu Peruboina
CA Final
★ 1K+
1
118
Impairment of assets
Financial Reporting
answered on 22-Nov-25 13:30
In this question, the cost classification into fixed and variable is given, why are we taking the cost growth on the entire cost of 160 instead of keeping fixed cost at 30 every year and apply the growth rate only on variable and transport cost. [Video Time Stamp: 14:39]
latest answer
ICAI has taken that assumption. Your point is valid
Varshini Rao
CA Final
★ 1K+
1
132
Bank Audit MTP Oct 2022
Auditing
answered on 23-Nov-25 18:42
In this question, on plain reading i thought about the 'regularisation of acocunt before balance sheet date' so if I write my answer accordingly will i get marks and if not how should this be tackled ?
latest answer
This is not regularisation of accounts. Regularisation before balance sheet date applies when the borrower clears overdue amounts to avoid classification as NPA before 31 March. Here, They are just fully utilizing limits temporarily and placing FDs to show a healthier balance sheet. It is clearly about WINDOW DRESSING by a bank branch.
Hrishikesh Pradhan
CA Final
★ 18K+
1
133
Difference in Opinion/ Firms Policy
Auditing
answered on 22-Nov-25 10:08
Mam, i wonder what solution could be provided by the firm's quality control policy for conflicts among the opinion between teams and experts and reviewers. Does there clause for obeying orders in hierarchical manner? [Video Time Stamp: 04:54]
latest answer
Quality control policies decides the course of action. For example- in case they are not able to resolve among themselves, they can take external expertise or advice
Vinod Kumar
CA Inter
★ 11K+
1
131
Money Market Hedge
AFM
answered on 21-Nov-25 20:00
Sir, whether this logic applies here " If the premium is greater than the interest differential, then borrow domestic currency Else borrow foreign currency". Because Forward premia % = (F-S)/S = (USD1.5455/GBP-USD1.5617/GBP)/USD1.5617= -1.037%, Interest differential = (7%*6/12)-(6%*6/12)= 0.5%. whether this calculation correct, sir? [Video Time Stamp: 07:25]
latest answer
Logic is correct -and so is working for first part. Second part interest rates are always multiplied and divided and not added or subtracted . Also since quote is USD per GBP in second working should be ( 1+6% x 6/12)/(1+7% x 6/12) -1
Murali Thripuraboina
CA Final
★ 3K+
1
124
Que 7 Business Valuation
AFM
answered on 21-Nov-25 19:55
Here why they are not deducting the interest amount we are given the cost of debt ... we can find the amount of debt by applying the debt equity ratio on capital expenditure if i am not wrong
latest answer
Deduct Interest amount where? FCFF formula does not require us to deduct interest expense
Gauri Shete
CA Final
★ 5K+
1
101
K , l , M question
Accountancy
answered on 21-Nov-25 17:41
revaluation account here why are we not posting the value of good will?
latest answer
Goodwill is not adjusted through revaluation
Pranav Anand
CA Inter
★ 0
1
123