Forums
Govt grant
Accountancy
answered on 01-May-23 11:07
How do u know whether a grant is a revenue grant ?
latest answer
If its not related to fixed asset or not in the nature of promoters contribution
SANSKRITI BADRI 2111339
CA Final
★ 4K+
1
424
Cash A/c
Accountancy
answered on 01-May-23 10:56
Treatment of Cash a/ c in Amalgamation of partnership? Should it transferred to merged firm or required for settlement of partners
latest answer
Based on question
Saravana Perumal
CA Final
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388
Sweat equity shares
Corporate & Other Laws
answered on 01-May-23 14:39
Can we issue Sweat equity shares less than market price or face value?
latest answer
Face value
Sowmiga Chandrasekaran
CA Inter
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4
428
Presentation
Exams
answered on 05-May-23 06:32
Can we use both side of the pages for one question(page 2,3) like for the question of financial statement or investment ? mcq can be done with pencil ?
latest answer
You can use while make sure that ur question no should be properly written in the middle of of the top in your answer sheet
DHARSHAN MS
CA Inter
★ 7K+
2
573
Bonus issue of shares
Accountancy
answered on 01-May-23 10:23
Can bonus issue be made to preference share holders? Is it made by companies in reality too?
latest answer
The Companies Act, 2013 does not specify any specific type of shares under Bonus Issue, Therefore, a company can issue equity as well as preference share under bonus issue. Sec 63(1) states " A company may issue fully paid-up bonus shares to its members, in any manner whatsoever, "
Garima Bhargava
CA Inter
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2
531
Accounts
Accountancy
answered on 01-May-23 10:32
Plz show calculation of 2000rs on cr.side of investment account
latest answer
Yes it's correct 👍🏻
Rifhat Khan
CA Inter
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6
539
Redemption of preference shares
Accountancy
answered on 01-May-23 20:54
Here in the solution to find no. Of shares 71500 being 65000 + 10% the amount payable on redemption is taken but not in the case of similar model questions why.??
latest answer
Ok sir thank you so much🛐💞
Anirudh gupta
CA Inter
★ 27K+
20
615
IND AS 113
Financial Reporting
answered on 01-May-23 19:11
In order to value fair value of share that is going to be listed soon ( Launch of IPO), we get to know about the GMP of the share price based on trading between market participants in unofficial market. Will it be considered as Level II hierarchy or it will not be considered reliable at all?
latest answer
Level II inputs are those that are observable inputs, other than quoted prices included within Level I, such as quoted prices for similar assets or liabilities in active markets or inputs that are observable for the asset or liability, either directly or indirectly. However, it's important to note that the reliability of the GMP as a fair value input may depend on several factors, such as the liquidity and transparency of the grey market, the credibility of the information source, and the characteristics of the IPO and the company being listed. As such, it's essential to exercise professional judgement when using the GMP as a fair value input and to supplement it with other reliable information sources as appropriate.
Himanshu Somani
CA Final
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1
515
General doubt
Indirect Taxation
answered on 30-Apr-23 20:23
Is there is any seperate MCQ booklet will be provided in Tax paper ?
latest answer
Yes they will provide you the mcq booklet after 15mins of reading time
Sachin Kaushik
CA Inter
★ 7K+
1
482
inc of co
Corporate & Other Laws
answered on 30-Apr-23 19:01
pls can anyone expl me with an example like Altd to these points 5) meaning of model article 6) doubt 7) does this mean tht this section will not apply to 1956 Co Act ? if 1956 provisions are amended then this will b ?
latest answer
thank you
Sushmita Chowdhury
CA Inter
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4
444