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Negoitable instruments act
Corporate & Other Laws
answered on 24-Jul-23 15:52
Meaning of this para
latest answer
Sign across the stamp
Prasanth Kumar
CA Inter
★ 13K+
3
600
cost of debt
Financial Management
answered on 24-Jul-23 15:41
i have a doubt in FM. in IRR, to find NPV, y PV OF cash inflow minus PV of cash outflow is taken and in YTM, y first PV of cash outflow minus PV of cash inflow is taken ? also , is YTM and IRR same ?
latest answer
Ytm is used to find cost of raising fund Irr is used to find return on investment
Reetikaa R
CA Final
★ 7K+
1
492
Current liabilities
Accountancy
answered on 25-Jul-23 12:49
As per definition of current liabilities, The company does not have unconditional right to defer settlement of the liability for atleast twelve months after the reporting date Here, we need to check for whether unconditional right or We need to check both unconditional right as well as company exercise that right Classify as current liability or not Question 1: company has unconditional right but does not exercise that right to defer Question 2: Company has CONDITIONAL right and exercised conditional right to defer
latest answer
Thank you sir
Krishnan K
CA Inter
★ 5K+
5
553
Self paced online modules
Exams
answered on 24-Jul-23 12:13
I would like to prepare for SPOM now but where can I access the ICAI material, classes and any details on how/where exam will be conducted?
latest answer
Okay guys Thank you!
Abishek M
CA Final
★ 11K+
3
1K+
Chapterwise Weightage
Direct Taxation
answered on 24-Jul-23 11:53
Can someone please share the CA Final Direct Tax Laws chapterwise weightage?
latest answer
Old https://resource.cdn.icai.org/57148bos46296.pdf
Suresh Avinash
CA Final
★ 3K+
1
532
Indexation benefit
Direct Taxation
answered on 24-Jul-23 11:51
Can we give indexation to the COA of equity shares? Because in third proviso to sec 48 it clearly says indexation is not available to equity shares, units of equity oriented funds and units of business trust... But the solution to the additional illustration 10 (indigolearn material) of capital gains chapter gives indexation to equity shares...
latest answer
Unlisted equity Shares indexation benefit should be given , listed equity Shares, we get the benefit of FMV as on 31st Jan 2018, if it was purchased before that date, if indexation benefit is taken for listed equity Shares too, long term tax would be 20% instead of 10%.
Abraham John
CA Final
★ 770
3
488
Binomial Method- Two Period Lecture 83
AFM
answered on 24-Jul-23 07:49
Hello Sir, What is the reason behind considering the time period as 1 year in calculating the probability percentages for the prices at the end of two year period? Should we not calculate the probability using two as t and discount it two times using the interest rate to calculate the present value as at year 0.
latest answer
Understood sir, thank you
Suresh Avinash
CA Final
★ 3K+
2
608
GOing concern
Auditing
answered on 24-Jul-23 15:51
Im unclear about the assumption being justified & unjustified.....mam could u give an example for both the cases
latest answer
Management assumes that the entity is a going concern while preparing financial statements. If those assumptions are justified i.e. the assumption is not proved wrong or inappropriate - then the assets can be realised and liabilities can be met, hence the financial statementss will carry those assets and liabilities. but if those assumptions are not appropriate or justified that means the entity will not be a going concern, i.e. business will not sustain, then the assets cannot be realised at the book values stated and liabilities cannot be met in normal course
Shriram Ravichandran
ACCA Skill
★ 2K+
1
623
Maintenance Margin- Derivates Illustration 14 and 27
AFM
answered on 24-Jul-23 07:38
Hello Sir, Is the maintenance margin calculated as Contracted Future price*Percentage (which will be a constant number) or will it be the daily closing value*percentage. Because in the illustration-14 of futures, the maintenance margin considered is 12,000 and we have taken the same number to be as maintenance margin for all the days but in the illustration 27, the maintenance margin is computed daily as settlement price*lot*% required.
latest answer
In real life it varies as % of future value For simpler understanding in some questions that may specify maintenance margin as a constant value throughout
Suresh Avinash
CA Final
★ 3K+
1
596
Branch
Accountancy
answered on 25-Jul-23 12:52
Share your answer by doing it in branch trading and p&l method
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Whats your doubt>
Nainika Tummala
CA Inter
★ 20
1
571