Forums
Annual Fixed Cost
AFM
answered on 29-Oct-25 08:11
Sir I have not understood how annual fixed cost of INR 1,00,000/- is calculated. Can you please explain the logic?
latest answer
Ok sir. Thank you.
Shreyas Nayak
CA Final
★ 0
2
168
Sensitivity Analsyis
AFM
answered on 29-Oct-25 08:01
Sir, in this case you have considered Adverse 10% for all items such as Sales Price, Unit Cost, Sales Volume and Initial Outlay. Why cannot this be considered favourable 10%? [Video Time Stamp: 17:24]
latest answer
Ok sir thank you.
Shreyas Nayak
CA Final
★ 0
2
179
Why Indian currency keeps on Depreciating
AFM
answered on 29-Oct-25 06:28
In theory, when India’s interest rate is higher than that of the U.S., foreign investors (especially from the U.S.) are expected to invest in India, leading to capital inflows and appreciation of the Indian rupee — for example, moving from ₹85 per USD to ₹80 per USD. Conversely, when India reduces its interest rates or when U.S. rates rise, investors withdraw funds, causing the rupee to depreciate — say, to ₹90 per USD. However, in reality, even though India consistently has higher interest rates than the U.S., the rupee has been depreciating over time. Why does this happen?
latest answer
Irp
Shinisha Rose R
CA Final
★ 5K+
1
136
Rebet under default tax
Direct Taxation
answered on 29-Oct-25 09:30
The rebet is applicable whose income does not exceed 7lakhs or tax payable of 25000 which ever is less ,in the problem of income of 7.15lakhs his total tax payable is 21500 which is lesser than 25000 so why he should pay 15000 tax sir? [Video Time Stamp: 12:14]
latest answer
If total income ≤ ₹7,00,000, then rebate = 100% of tax payable (up to ₹25,000). If total income > ₹7,00,000, no rebate is allowed — even if the tax payable is less than ₹25,000.
veerendra basava
CA Inter
★ 880
1
158
Main Risks
CFA
answered on 28-Oct-25 08:33
Can the "Best alternative use" factor be considered a risk for timber land too? as except for timber the land cannot be used for other crop productions ? [Video Time Stamp: 08:20]
latest answer
Timber
Neekir n.c.v
CFA L1
★ 0
1
116
Fair Value
Financial Reporting
answered on 29-Oct-25 22:08
Sir, As on 15/09/X2 the fair value is 82,820. Why have we not considered this and recognized a gain as we are having carrying Amount as 87576.(97000 + 9800-19224)
latest answer
Yes sir.
K Vamshi
CA Final
★ 14K+
3
125
FIFO periodic inventory system
Financial Reporting
answered on 29-Oct-25 18:43
What wld be the inventory cost issued for sales. Else they don’t record the transactions (receipt and issue)on regular basis,as said in the class.? Such entries will not take place in stock register And not required for issuance cost,!
latest answer
In such cases purchases are recorded and inventory is adjusted by way of changes in inventory. It is not computed for each sale.
Reshma
CA Final
★ 570
1
134
NPV
AFM
answered on 27-Oct-25 20:40
There seems to be a calculation error while calculating the NPV of both project A and Project B. [Video Time Stamp: 08:24]
latest answer
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Shreyas Nayak
CA Final
★ 0
3
131
Audit Engagement Letter
Auditing
answered on 10-Nov-25 08:12
Mam, what will happen if the said audit letter which lacks the Term "Responsibility of Management" was issued and accepted by the client, and client without noticing such discripancy, appointed the auditor, and the auditor started his audit with no extra requirement to convey management's responsibility, because management is aware about thier responsibility and they fullfilled their responsibility without even getting acknowledged by auditor's engagement letter?. Besides, will there be any consequence for an auditor to skip the requirement of any such SAs. Which is unnotice by any authority [Video Time Stamp: 04:30]
latest answer
👍
Vinod Kumar
CA Inter
★ 11K+
3
137
Cash received in lieu of fractional bonus shares
Direct Taxation
answered on 04-Nov-25 17:47
Under which head it is taxable? Please explain it with the relevant provisions of income tax act?
latest answer
If it is cash compensation then it is taxable under IFOS.
Nisha M
CA Final
★ 2K+
3
140