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Redemption of debenture
Accountancy
answered on 20-Feb-23 18:36
if once the partial value of debenture is redeemed should we need to transfer entire amount to general reserve or the proportion of redemption value we need to transfer
latest answer
Thanks a lot sir
Sruthi sruthi
CA Final
★ 640
4
503
Geometric progression
Maths & Stats
answered on 20-Feb-23 17:41
How to do this sum ?
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Thanks
Vignesh s
CA Inter
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3
655
Section 211 of Indian contract act
Corporate & Other Laws
answered on 20-Feb-23 17:09
It is written that when the agent acts otherwise (otherwise than directions given by the principal), and if any profit accrues, he must account for it. Does it mean he has to surrender the profits to the principal?
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thanks
Sarthak Aggarwal
CA Final
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2
575
Challenges - CA Inter May 23?
Exams
answered on 01-Mar-23 19:45
With about 70 days left for May 23 exams, we hope you are now entirely focused on your prep. Still, there might be some challenges that you are facing. Let us know them through the replies below. We will have a video on how to overcome them and also share some exam tips so that you can ace them easily. Happy Studying!
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Make your own schedule and start off don't ask anyone
Sahibdeep Singh
CA Inter
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47
1K+
CSR
Accountancy
answered on 23-Feb-23 17:53
Hello sir, For example, in the past two years the company has met the criteria for CSR eligibility and in current year, it does not meet. Will the CSR obligation be applicable for the entity in the current year?
latest answer
Ohh okay, i was not aware about this amendment. Thanks for enlightening !
Suresh Avinash
CA Final
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6
618
Section 167 of Indian contract Act
Corporate & Other Laws
answered on 20-Feb-23 17:28
In the bare act, it goes like, "If a person, other than the bailor, claims goods bailed he may apply to the Court to stop the delivery of the goods to the bailor, and to decide the title to the goods. Which suggests that the person who is claiming may apply to the court. But in the study material, it's written that the bailee may apply to the court. Please clarify
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@janga ashok, please reach our support team at 9640 11111 0
Sarthak Aggarwal
CA Final
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3
952
Amalgamation
Accountancy
answered on 20-Feb-23 14:19
In case of merger (in the books of transferee) the difference between consideration and share capital of transferor company should be adjusted to General Reserve right?
latest answer
In the case of amalgamation in the nature of merger, the difference is adjusted reserves. If amount paid is more - reduce from General Reserves. If amount paid is less, show it as capital reserve.
Angel Maria Varghese
CA Final
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2
704
Foreign exchange exposure and risk management
AFM
answered on 20-Feb-23 10:16
What is unwinding in forex market?
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Let’s say you buy something expecting prices to go up and once prices go up you sell and make money. The second leg of exiting the original position is called unwinding
Nandhu
CA Final
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1
635
Orientation course
Others
answered on 20-Feb-23 11:21
Should we submit the acknowledgement slip only through email or even physically at branch...
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The Institute of Chartered Accountants of India (ICAI) requires that all orientation course participants submit a signed acknowledgement slip. This slip should be sent to the ICAI office either through email or physically at the ICAI branch. When sending the acknowledgement slip via email, please be sure to include the following information: your full name, the course you have registered for, and your registered email address. When submitting the acknowledgement slip in person at the ICAI branch, you will need to provide the same information as well as a valid government-issued ID. Please also make sure to bring a printed copy of the acknowledgement slip with you. We hope this information is helpful. If you require further assistance with submitting your acknowledgement slip, please do not hesitate to contact the ICAI office directly.
Kiran Vijay
CA Final
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2
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Negotiable instrument
Corporate & Other Laws
answered on 22-Feb-23 14:52
Hi sir, I have a doubt in cheque of N.I. In this picture, the parties of cheque mentioned that drawee in case of need. But the drawee of cheque is specified banker only . Why icai book mention about the drawee I'm case of need?
latest answer
Here only drawee is mentioned on the cheque
abi atch
CA Inter
★ 0
2
635