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Abridged prospectus
Corporate & Other Laws
answered on 20-Mar-23 14:12
Is it compulsory for companies making public offer to issue Abridged Prospectus along with normal prospectus ......?
latest answer
Yes its mandatory. No form of application for the purchase of any of the securities of a company shall be issued unless such form is accompanied by an abridged prospectus. (Section 33 - not in your syllabus) Exceptions: (a) in connection with a bona fide invitation to a person to enter into an underwriting agreement with respect to such securities; or (b) in relation to securities which were not offered to the public.
dheeraj hembram
CA Inter
★ 240
2
598
Liquidation of Companies
Accountancy
answered on 14-Mar-23 18:22
Is it compulsory to pay preference dividend along with preference share capital, in case of liquidation?
latest answer
Depends on the nature and shareholders agreement
Tharun Guntupalli
CA Final
★ 3K+
1
545
No of marks awarded
Accountancy
answered on 14-Mar-23 18:34
So I was solving this problem and I got one adjustment wrong. However final answer was correct w.r.t pre and post inc. So how much marks would be awarded if this was for 10 marks? All workings are forming part of answers
latest answer
Show working for one. Next can be balancing figure
Sugam SM
CA Final
★ 9K+
6
436
Freelancer income taxability
Direct Taxation
answered on 15-Mar-23 13:27
if a software engineer employed in a company also provide service as a freelancer to other company then under which head the income from freelancing activities is taxable
latest answer
If profession is practiced regularly and seriously
Atharv Sankliya
CA Final
★ 3K+
6
578
Special resultion and ordinary resolution.
Corporate & Other Laws
answered on 14-Mar-23 17:12
How do you guys remembering when to pass special resultion and when to pass ordinary resolution?
latest answer
Make a separate list of Ordinary Resolution / Special Resolution as you study .or during revision. Or just remember special resolution cases. Reset all would be ordinary resolution.
Madhu Reddy
CA Inter
★ 4K+
1
416
Financial Instruments
Financial Reporting
answered on 22-Mar-23 15:46
Can someone please explain revised interest computation? Illustration. 32
latest answer
Calculate PV at 10% and 13% and use the IRR formula you have learned in Financial Management.
Mansi Kamble
CA Final
★ 0
3
597
Ifhp
Direct Taxation
answered on 14-Mar-23 13:43
Loan taken before 1/4/99 for self occupy Then limit is applicable of 30,000 Ye jo 30,000 hai wo purchase , construction ka separately 30000 hai Or Repair renovation ka separate 30000 hai Ki combine limit hai 30,000 for purchase , construction , repair, rennovation Consider karna hai
latest answer
Combined limit is 30k for loan taken before 1/4/99 in respect of self occupied or unoccupied properties
Addu Gill
CA Inter
★ 0
1
570
IND AS-38, Intangible assets
Financial Reporting
answered on 14-Mar-23 17:22
Good afternoon sir! In illu-16, the "in-process research project" does not give FEB when acquired unless further development madei.e.., it is not an intangible asset...even if don't consider as seperate IA as you told we will consider as Goodwill for Goodwill we will consider only Rs 5 lakh which is over and above of FV of tangible assets. So, why can't we account 5 lakhs as Goodwill on acquisition and recognise IA when it met the recognition criteria in buyer books as a new IA??can you please explain me once sir??
latest answer
Thank you sir😊
Priya Bhimani
CA Final
★ 8K+
2
871
Dividend
Corporate & Other Laws
answered on 17-Mar-23 13:38
If not paid divided with 30 days and not deposited to unpaid dividend account within prescribed time.. What intrest will attract?
latest answer
If Dividend is not paid in 30 days, Intt applicable is 18% pa. on total dividend unpaid after 30th day onwards (Section 127) If the unclaimed dividend is not transferred to unpaid dividend account within 7 days after 30th day, intt applicable is 12% pa on that amount unclaimed not transfered (sec 124)
Madhu Reddy
CA Inter
★ 4K+
4
550
Ifhp
Direct Taxation
answered on 15-Mar-23 13:25
How the figure of 30,00,000 - ` 60,000 (` 2,40,000 x 4/12 x 3/4) due to vacancy] Please tell 3/4 kaise aaya
latest answer
Annual rent is 40 lakhs but 10 lakhs is for amenities so only 3/4th is for house property rent So 2,40,000 (vacant flat) is the annual rent - so consider only 3/4th of it as house property rent
Addu Gill
CA Inter
★ 0
2
582