Forums
Disclaimer of opinion
Auditing
answered on 12-Jan-26 19:20
In listed entities it's compulsory but when it's disclaimer of opinion then KAM should not be included in the audit report is applicable for listed entities also???
latest answer
Yes . Kam and Disclaimer never to be reported together. In all cases including listed entities .
PRIYA THARISINI
CA Inter
★ 780
1
144
Cost of capital
Financial Management
answered on 10-Jan-26 10:19
I need a solution this question
latest answer
Which question? No attachment
Saurab Kumar
CMA Inter
★ 0
1
168
Repo
AFM
answered on 09-Jan-26 17:02
Sir i have doubt on this formula First Leg = Nominal Value x (Dirty Price/100) x (100-Initial Margin/100) Here, why Dirty Price is divided by 100? My doubt is why divided by 100? is it face value or something else. [Video Time Stamp: 06:26]
latest answer
Understood sir Thank you
G Chandrakanta
CA Final
★ 15K+
2
181
Second Part of the question
AFM
answered on 10-Jan-26 10:36
Sir, What do they actually mean when they say that whether the position ofsets each other ? When i initially solved it , I was not clear with 2nd part of the question. [Video Time Stamp: 06:10]
latest answer
Achaa achaa ! Understood sir !
Hrishikesh Pradhan
Qualified CA
★ 18K+
4
222
Input credit
Indirect Taxation
answered on 16-Jan-26 22:08
Why output tax is charged when van used for directors travel is sold and depreciation under income tax act is claimed and not ITC was taken on the same
latest answer
Thank you sir
adithya thushar
CA Final
★ 3K+
2
154
Business Combination. Lecture No. 30
Financial Reporting
answered on 07-Jan-26 16:02
Hi Sir, In Illustration 13, Fair Value of the contingent consideration at the year end (31/03/20X2) is 2,20,00,000. And such change is withing the measurement period of 1 year and such contingent consideration is existent as on acquisition date. Then, shouldn't we compute Goodwill as on the closing date - 31/03/20X2 by considering the amount 2.2 crores of contingent consideration instead of 2.5 crores? And why did we not consider the same in the solution? I tried closely listening to what you told.. something about adjusting it in consolidated FS. Can you please explain the same and respond Sir.. Thanking you in anticipation
latest answer
Got it. Thankyou Sir.
Naina Vino kappen
CA Final
★ 875
8
235
FEMA
Corporate & Other Laws
answered on 07-Jan-26 22:41
Can anyone explain this to me , gift to brother exceeds $75000 for purchase of immovable property so why permission is needed as it is overall within limit of $250000
latest answer
Although the overall LRS limit is USD 250,000 per financial year, remittance by way of gift for purchase of immovable property abroad exceeding USD 75,000 requires prior RBI approval, as such transactions are treated as capital account transactions and are subject to stricter FEMA controls.
Nagachaitanya Nomula
CA Final
★ 8K+
1
170
FEMA
Corporate & Other Laws
answered on 07-Jan-26 22:41
Can anyone explain this to me , gift to brother exceeds $75000 for purchase of immovable property so why permission is needed as it is overall within limit of $250000
latest answer
Although the overall LRS limit is USD 250,000 per financial year, remittance by way of gift for purchase of immovable property abroad exceeding USD 75,000 requires prior RBI approval, as such transactions are treated as capital account transactions and are subject to stricter FEMA controls.
Nagachaitanya Nomula
CA Final
★ 8K+
2
178
Intermediate exam
Accountancy
answered on 08-Jan-26 13:00
For the accounts exam in the internal reconstruction question I wrote capital redemption a/c instead of capital reconstruction account in the journal throught the question will l loose my entire marks
latest answer
Not entire marks.
Swania Shaji
CA Inter
★ 0
1
165
Tansfer of right or title of goods
Indirect Taxation
answered on 16-Jan-26 16:55
Sir have a doubt. the construction of building is completed but still we did't get completion certificate from competent authority. Mr.A who paid entire amount for the building now the entire amount is taxable under gst?
latest answer
If even a single rupee is received prior to completion certificate then GST will apply on total sale value.
Devathi Sai
CMA Final
★ 620
1
148