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Value of supply ( insurance )

Indirect Taxation

answered on 17-Feb-26 12:33

Sir, for may 2026 attempt is insurance related topics sums are required?

latest answer

Technically No.

santosh durgapu

santosh durgapu

CA Final

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125

Equipment Grant - Ready to use

Financial Reporting

answered on 13-Feb-26 13:04

Why is it that we wait until the asset is ready to give the treatment for gov grant? Are we assuming the grant is received on the condition that the asset is finished? [Video Time Stamp: 03:22]

latest answer

Fair enough. Thank you sir

Vishnu Muraleedharan

Vishnu Muraleedharan

CA Final

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2

122

Interest on Interest

Financial Reporting

answered on 13-Feb-26 13:02

Why is it that we are capitalising the interest on the interest paid for year 3? Is any assumption made?

latest answer

Ok, thank you

Vishnu Muraleedharan

Vishnu Muraleedharan

CA Final

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124

Loan after expense

Financial Reporting

answered on 13-Feb-26 13:00

In this case, if the general loan was taken and used for some working capital purpose, can we still capitalise the Borrowing Cost ? One could still argue that maybe the expenditure wiped out the entire cash balance, so the loan had to be taken to sustain normal operations. Is this correct?

latest answer

Thank you!

Vishnu Muraleedharan

Vishnu Muraleedharan

CA Final

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109

Advance to Suppliers

Financial Reporting

answered on 12-Feb-26 08:09

So advance extended to supplier can be a Qualifying Asset? Assuming the underlying asset is also Qualifying* [Video Time Stamp: 03:00]

latest answer

Thank you

Vishnu Muraleedharan

Vishnu Muraleedharan

CA Final

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101

RCM

Indirect Taxation

answered on 17-Feb-26 12:33

If GTA & Security agency is unregistered means who will liable to pay gst [Video Time Stamp: 05:48]

latest answer

If unregistered because turnover less than threshold limit then no GST will apply.

Shivashankar Jawai

Shivashankar Jawai

CA Inter

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164

Co-efficient of Variation

AFM

answered on 11-Feb-26 11:41

In earlier video, we arrive at C.V. as S.D/ Expected Cashflows, however in Illustration 12 we use Expected NPV in place of Cashflows, is it because of the availability of data in tha sum? Whether to consider expected cashflow or NPV when both data is available?

latest answer

Yes depends on data available

SANJITHA

CA Final

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127

RCM

Indirect Taxation

answered on 17-Feb-26 12:34

If CG,SG or UT has 50 % or less than 50% stake in one company , that company provides renting of immovable property and receipt is unregistered than RCM will come or not ?

latest answer

If government is renting property to a registered person then only RCM will apply.

Shivashankar Jawai

Shivashankar Jawai

CA Inter

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174

Depreciation Under Change in Useful Life

Financial Reporting

answered on 13-Feb-26 11:21

Sir, In This Question, For Example take one Component building, Initial Useful life of Asset is 15 years and Depreciation is 1,50,00,000/15, For 3 three years Accumulated Depreciation is 30,00,000, So in Fourth year Carrying cost is 1,20,00,000 and Revised Useful Life is 10Years, Depreciation for fourth year is 17,14,285 (i.e 1,20,00,000/7years), So my Doubt is After Revaluation Whether to Calculate depreciation should Use ful life is 15 years or 10 years or 7 years(Remaining useful life) ? [Video Time Stamp: 00:06]

latest answer

On remaining useful life.

Yeduabati Mohan Rao

Yeduabati Mohan Rao

CA Final

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180

Voice not clear at 9:42, and Depreciation

Accountancy

answered on 17-Feb-26 17:13

Sir, G Ev, I couldn't hear what you said at 9:42, I only heard "Current " (Was it followed by Assets?) And In voluntary disclosures 2nd point about Disclosures, If an asset has exhausted its useful life, The C A will be 0. What would be Gross Carrying value of that depreciated asset??

latest answer

Ok sir, Thank you

Jagadeesh Jaidev

Jagadeesh Jaidev

CA Inter

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181