powered by logo

Forums

CARO 2020 inventory verification

Accountancy

answered on 30-Jan-23 17:20

What does the clause on inventory of Caro 2020 mean by discrepancy of 10% or more ??

latest answer

Difference between what is shown in inventory records vs what is physically present.

Atharv Sankliya

Atharv Sankliya

CA Final

3K+

3

463

Valuation under customs - rule 7

Indirect Taxation

answered on 23-Jan-23 13:25

Which value will be considered if same quantity is sold to 2 people?

latest answer

Lowest Price may be taken

Priya Namburi

Priya Namburi

CA Final

2K+

2

510

Capital budgeting

Financial Management

answered on 23-Jan-23 09:07

In calculating payback period , do we consider salvage value too as inflow

latest answer

Than you

Krishnan K

Krishnan K

CA Inter

5K+

4

707

Analytical Procedures

Auditing

answered on 23-Jan-23 17:07

Abnormal fall in the cost of manufacture or that in the administrative cost ,apart from economy in expenses, there could be no provision or less provision for expenses incurred in the year. What is the meaning of economy in expenses here ?? Can anyone pls explain what is the line actually means ? Reference: ICAI study module page 8.7 , 6th paragraph. Please solve this doubt ð???

latest answer

arising due to economies of scale.

Neha Baliga

Neha Baliga

CA Inter

16K+

2

597

Analytical Procedures

Auditing

answered on 23-Jan-23 08:18

What is the meaning of "requisitions entered before the inventories are issued"?

latest answer

Thank you so much ð???

Neha Baliga

Neha Baliga

CA Inter

16K+

2

501

Borrowing cost capitalisation IND AS 23

Financial Reporting

answered on 23-Jan-23 07:38

Sir can u pls explain how the values in product column are derived

latest answer

principal of 20 is outstanding for 12 months 5 is outstanding for 9 months etc the last column is the product of both we use this in the weighted average concept

Thanusha Lakshmi

Thanusha Lakshmi

CA Final

3K+

2

501

chapter wise sales

Others

answered on 13-Mar-26 13:02

As only 3 months left , request for chapter wise sales some topics to get cleared

latest answer

Team will reach out to you.

Harshitha Kalidindi

Harshitha Kalidindi

CA Final

51K+

7

635

Deductions

Direct Taxation

answered on 22-Jan-23 16:29

In the q below , 1.how can Mr X claim deduction of 75,000 if he has not incurred any amt for the medical treatment of dependant disabled ? 2.HOw can Mr X claim deduction under section 80U? Isn't it applicable only for mrs . X who is actually disabled ?

latest answer

Yes ...it's an absolute number independnant of amount certified

SANSKRITI BADRI 2111339

SANSKRITI BADRI 2111339

CA Final

4K+

7

647

Foundation result date

Exams

answered on 23-Jan-23 19:57

Is ca foundation dec result will be declared tmr

latest answer

Hopefully Feb 1st Week

Lathika

Lathika

CA Inter

6K+

5

574

Some Amendments not covered in lectures for Nov 2023

Indirect Taxation

answered on 23-Jan-23 10:59

Sir in customs law levy of and exemption from customs duty some amendments are not covered in lectures for nov 2023 attempt Kindly refer from where to get those amendments

latest answer

Most Welcome.

Jaya Krishnan

Jaya Krishnan

CA Final

7K+

5

553