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Right isuue and preferential allotment
Corporate & Other Laws
answered on 11-Mar-23 10:41
Can anyone plz clerly explain difference between right issue and preferential allotment
latest answer
In case of rights issue all shareholders get a right to subscribe. Non share holders cannot subscribe unless they purchase entitlement from existing shareholders. In case of preferential allotment only some get right to subscribe. Also here non-shareholders can subscribe.
Gauri Shete
CA Final
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471
Cum dividend price
Accountancy
answered on 11-Mar-23 21:25
Why we cannot determine and separate the amount of dividend include in the price of the share although we can do the same in case of debentures and bonds?
latest answer
Dividends and bonds have a fixed percentage so we can predetermine how much we are going to get..but in share we don't know how much percentage dividend is going to be
Atharv Sankliya
CA Final
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431
Crypto currency
Others
answered on 11-Mar-23 21:26
Basic excemption limit applies to crypto currency income? For example i earned 300000 profit Then basic excemption of 250000?
latest answer
Treat the crypto currency like equity shares
Adarsh Gudivada
CMA Final
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449
Forex
AFM
answered on 11-Mar-23 06:10
Hello Sir, What is the difference between forward rates and future spot rates?
latest answer
Ok sir, got it. Thank you.
Suresh Avinash
CA Final
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3
616
leverages
Financial Management
answered on 11-Mar-23 15:22
in mtp oct 22 ..ques 1b it is given 1,00,000 pref shrs of rs.10 each carrying a dividend rate of 10%.. then pref dividend amt would be rs.1,00,000 [ 1 lac shrs * rs 10 * 10%].. but it is given as rs.10,000 in the mtp answers.. how?
latest answer
In the updated MTP, they have included Rs. symbol with 1,00,000 preference shares. So, it's Rs. 1,00,000 preference shares of Rs. 10 each
kowselyaa G
CA Final
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2
469
Exemption related to CG is so confusing
Indirect Taxation
answered on 27-Mar-23 14:54
As per Supplementary paper, services provided by CG sg local authority to business entity excluding post aircraft and Transportation is covered in RCM as well as exemption. Kindly advise me how to get clarity..
latest answer
https://youtu.be/VPuwzUEGrzY Pls subscribe to the channel so that you do not miss any important update.
Rathi Vigneshwari
CA Final
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483
IND AS 116 - Illus 32
Financial Reporting
answered on 14-Mar-23 06:39
Hi sir I have query in Ilus 32 where we have taken reimbursement by lessor for IDC as lease incentive and reduced from ROU Asset calculation but they same is not reduced in lease liability calculation Why so?? Kindly correct me if my understanding is wrong We are not reducing it from lease liability because it relates to Indirect costs
latest answer
Understood Thanks 👍
Barani Tharan
CA Final
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7
554
Can cross cheack icai material or I only follow which given by indigolearn notes or I follow notes indigolearn and solved all question of icai material for 1 st time
Direct Taxation
answered on 12-Mar-23 16:30
H
latest answer
Since you are not watching our lectures, refer to ICAI material as well.
R K
ACCA Skill
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6
566
Section 66(8) - Chapter 4
Corporate & Other Laws
answered on 11-Mar-23 22:04
What is the meaning of creditor is entitled to object but was not included in the list of creditors in section 66(8)??
latest answer
When company goes for reduction of share capital,they should send creditors list to tribunal and the tribunal will send notice of the proceedings to creditors.but if the company forgets the creditors name in that list,then the company will be liable as if the reduction has not happened
Neha Baliga
CA Inter
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3
404
Chapter 4: Section 66(7)
Corporate & Other Laws
answered on 11-Mar-23 01:00
Can anyone pls explain this section A member of the company, past or present, shall not be liable to any call or contribution in respect of any share held by him exceeding the amount of difference,if any, between the amount paid on the share, or reduced amount, if any ,which is deemed to have been paid thereon, as the case may be, and the amount of the share as fixed by the order of reduction.
latest answer
This section says that liability of a member in respect of calls or contributions made before the reduction of share capital shall continue as if the reduction had not taken place. This means that any unpaid calls or contributions made by a member before the reduction in share capital will still be due and payable even after the reduction...
Neha Baliga
CA Inter
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1
429