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Consolidated Financial Statements

Accountancy

answered on 24-Oct-25 14:35

#3. Question |September 2024 Exam, 14 marks | pg. no 31.6 in compiler please explain (4) Goodwill/Capital Reserve on the acquisition of Cool Ltd.'s shares

latest answer

PFA

Ritu Kotian

Ritu Kotian

CA Inter

19K+

1

133

MAT

Accountancy

answered on 24-Oct-25 09:08

When to use MAT how to know and what are the conditions?

latest answer

You will learn about AMT in inter and MAT in final

Snehashis Mohanty

Snehashis Mohanty

CA Inter

35

1

139

SBI rate < Concessional Rate

Direct Taxation

answered on 27-Oct-25 22:32

Sir, in the 2nd example, the rate of interest on loan by employer was 10%, whereas SBI rate was 6%. So, when there was no concession, why did you calculate perk? [Video Time Stamp: 04:45]

latest answer

SBI rate is 10 percent and he got at 6%. Please check.

Rahul Anand

Rahul Anand

CA Inter

6K+

1

127

supply - under negative list 7 (2)(a)

Indirect Taxation

answered on 27-Oct-25 22:24

the conveyance fee paid for the distinct persons supply is exempt under gst? [Video Time Stamp: 06:32]

latest answer

If there are any charges paid from one distinct person to another then GST would apply.

Raja Ravuri

Raja Ravuri

CA Final

410

1

131

no limit given in ICAI SM wrt to GTI

Direct Taxation

answered on 27-Oct-25 22:33

Sir, in the ICAI SM, GTI< 200000 is not given. It is just written, 'prescribed amount' so, is this an update? [Video Time Stamp: 08:09]

latest answer

Ok Sir.

Rahul Anand

Rahul Anand

CA Inter

6K+

2

120

mutual fund dividend

AFM

answered on 23-Oct-25 16:50

sir, it is a small doubt but how can a mutual fund can declare the dividend but itself , MF is itself a collective investment in equities, so how can it by itself declare a dividend, i searched in companies act also there is no such thing kindly help me out sir [Video Time Stamp: 00:33]

latest answer

Mf dividend

Raghavan Mani

Raghavan Mani

CA Final

355

1

103

var

AFM

answered on 23-Oct-25 22:21

sir Q1)while calculating VAR why we didn't multiply with Portfolio value(i.e. 400 lakhs) Q2) what is the weight if we solve the problem in Rupee terms and not in % terms, Is it 1 or 0.5 [Video Time Stamp: 13:57]

latest answer

Thank you sir

Balamurugan V

Balamurugan V

CA Final

52K+

2

118

MAT

Accountancy

answered on 23-Oct-25 10:14

Under which head and how we show MAT in P& L?

latest answer

It was covered in previous lecture as well. In current lecture you can watch video No 6. Its a 10 minute video.

Snehashis Mohanty

Snehashis Mohanty

CA Inter

35

3

137

Depreciation

Accountancy

answered on 27-Oct-25 09:28

In depreciation why the 1st 6 month got full and the last 6 month got half depreciation?

latest answer

IF you purchase an asset in say June - you get full 15% depreciation for machinery If you purchase in December - you get only 7.5%. Income tax uses block of asset concept which you learn in income tax.

Snehashis Mohanty

Snehashis Mohanty

CA Inter

35

8

172

Sir this Q not in your books

Indirect Taxation

answered on 27-Oct-25 22:24

Sir this Q not in your books sir this Q not in your books [Video Time Stamp: 00:43]

latest answer

It is just additional discussion for practice.

Renu Gupta

Renu Gupta

CA Inter

550

1

115