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AS 18

Accountancy

answered on 17-Jan-23 20:21

Whether co-venturer is a related party or not?

latest answer

if it is joint venture then it is related party

Nivedha Balaji

Nivedha Balaji

CA Final

9K+

2

397

Ca intermediate

Exams

answered on 18-Jan-23 10:55

Due to covid I have left CA intermediate in 2020 .Now I want to write exam in may 2023 ca intermediate group one .I came through cpt but in my spp portal shows foundation.Is there any mandatory requirement to complete orenation course to attend ca intermediate exams.What are the requirements to attend may 2023 for ca intermediate exams .I have done all updation regarding my profile, revalidation also done.

latest answer

Fill up the exam forms and prepare well for exams.

NAVEEN KUMAR

NAVEEN KUMAR

CA Inter

100

13

791

Ca intermediate

Exams

answered on 01-Feb-23 16:17

Due to covid I have my ca intermediate in 2020 now I am willing to write exam I have done revalidation also .l come through cpt but in spp foundation showing am I eligible to write exam in may 2023 is there any requirements to write exam

latest answer

For me also same , no additional requirements only revalidation is enough

NAVEEN KUMAR

NAVEEN KUMAR

CA Inter

100

2

560

CFA CMA and ACCA

Exams

answered on 18-Jan-23 19:15

Can anybody give me idea about CFA CMA and ACCA ? What are these exams ? Which can be given along with CA ? What is the scope of these exams ? How much is their syllabus similar to CA ? Are these exams difficult or easier than CA ?

latest answer

I guess every body got desired info. No point harping on this . Closing this thread. Pls get back to studying ;)

Ardhendu Sekhar Acharya

Ardhendu Sekhar Acharya

CMA Inter

250

27

806

New schem revalidation

Others

answered on 24-Jan-23 09:24

Sir if i convert into proposed scheme my revalidation considered frm when I mean i revalidated ca inter exam 2 yrs ago i will need to revalidate after 2yrs suppose if i convert into new syllabus agin i gt 5yrs or remaining yrs only

latest answer

We will have clarity when new scheme is announced.

Nivetharaman Raman

Nivetharaman Raman

CA Foundation

11K+

3

509

Sec55 Redemption of preference shares

Corporate & Other Laws

answered on 18-Jan-23 11:00

If free reserves are transferred to capital redemption reserve for repayment of preference shares,but in the lecture it is said that this capital redemption reserve is used specifically for bonus shares,then how come they redeem preference shares wid it?? And next question is Don't these preference shares owners get any interest or divident for the shares that they hold ,in lectures they said it is redeemed as nominal value??.What is the purpose of having these preference shares when they have to be redeemed at nominal value itself

latest answer

The bank balance is used for redemption. This is the source of redemption. When shares are redeemed without fresh issue of shares, the company act requires amount to be transferred to CRR. The reason for this is to ensure that such amount is not distributed shareholders as dividend. This protects the interest of creditors. PReference share are entitled to dividends which are paid as and when declared by the company You will have an indepth understanding of this in Accounts.

Pramod Rajpurohit

Pramod Rajpurohit

CA Inter

0

3

484

Closing value of investment - short term

Accountancy

answered on 18-Jan-23 10:40

A share of rs 1000 (cost) is valued at the end of FY2021 is 900 (market price) what will be the closing value at the end of fy22 if market price at the end of Fy22 is 950 ? Note : share is purchase during FY21 @1000rs

latest answer

950.

Atharv Sankliya

Atharv Sankliya

CA Final

3K+

2

490

Income tax note free resources

Others

answered on 16-Feb-23 06:17

Is the ca income tax note available in the free resources is it inclusive of new ammendments?

latest answer

Yes available

Nirmal Pauly

Nirmal Pauly

CA Final

14K+

5

441

Customs

Indirect Taxation

answered on 17-Jan-23 20:21

Can we abandone part of the goods

latest answer

Yes we can.

Priya Namburi

Priya Namburi

CA Final

2K+

1

625

Company audit

Auditing

answered on 17-Jan-23 10:06

private companies can make audit committee ,if they want. Is it true?

latest answer

Yes

Krishnan K

Krishnan K

CA Inter

5K+

1

607