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Used a different perspective
Financial Management
answered on 14-Oct-25 20:41
Sir, i thought, (i)requires us to calculate the cost slab wise, What i did is:- project X requires Rs.6.5 Lakhs, i thought, this Rs.6.5 L is bifurcated first in the debt : equity ratio for which i get Debt = Rs.2.6 L and Equity = Rs.3.9L and for both, slab rates are given in the table, and cost will be calculated accordingly. i have attached the picture of my workings. what i did in my workings is i applied slab rates for debt and equity. I didnt realised i was doing all in wrong way untill i saw the video for checking. [Video Time Stamp: 11:30]
latest answer
ICAI is not always logical 😁 If you are they may not appreciate it Your approach could be considered right if u lost out right assumptions
Vinod Kumar
CA Inter
★ 11K+
3
140
Persuasive Audit Evidence
Auditing
answered on 21-Oct-25 18:51
Can you explain what is Persuasive Audit Evidence with example? Also what is its opposite word? Is it conclusive Audit Evidence? [Video Time Stamp: 02:31]
latest answer
👍
rashid poonthala
CA Final
★ 31K+
4
221
illustration 7
Accountancy
answered on 13-Oct-25 22:27
why do we subtract the salvage value even when its not given as a seperate deduction in the notes [Video Time Stamp: 06:30]
latest answer
Yes. Similar treatment like income from testing.
Rithu V
CA Inter
★ 4K+
3
153
why the assumption
Financial Management
answered on 14-Oct-25 18:19
why is the number of days in a year assumed as 360 days just for calculation? isnt it a fact that a year has 365 days and therefore lets keep it as 365 days and do it and put in decimal answer [Video Time Stamp: 10:48]
latest answer
ok thank you sir
Just Enjoy
CA Inter
★ 3K+
2
148
Topic Returns
Indirect Taxation
answered on 15-Oct-25 16:22
Sir, in the above lectures, you did not explain about GSTR 1A, GSTR 6, GSTR 7, and Information Return (Section 150 & 123), which are there in the ICAI Material. Please provide me with the lectures on the above topics.
latest answer
We are in the process of updating. Will be done by end of this month.
Narmada Chennuru
CA Final
★ 4K+
1
141
Additional Audit Procedure vs Alternative Audit Procedure
Auditing
answered on 14-Oct-25 06:49
I have a general question Is the Additional Audit procedure and Alternative Audit procedure the same? or is there any difference between them? Can we use these terms interchangeably? [Video Time Stamp: 09:32]
latest answer
Great explanation
rashid poonthala
CA Final
★ 31K+
2
265
Crypto currency
CFA
answered on 13-Oct-25 20:48
Sir please explain crypto currency whales . [Video Time Stamp: 27:36]
latest answer
Whales
Surya Praveen
CA Inter
★ 0
1
115
Loan to related party
Corporate & Other Laws
answered on 15-Oct-25 11:42
X ltd has advanced loan amounting to 10 crores to an LLP, in which X ltd is the designated partner. The llp agreement mandated 12% interest on loan.Since the LLP has not commenced its business operations and partners through a board resolution agreed for no interest on loan. In regard with section 186 and CARO reporting, kindly guide, what should be done here.
latest answer
Under CARO 2020 , the auditor must report the loan and state whether its terms are prejudicial to the company’s interest, since no interest is charged as per agreement.
Azmi RZmi
CA Final
★ 10K+
1
126
DEFERRED TAX - PPE
Accountancy
answered on 13-Oct-25 22:22
While computing Deffered tax as per WDV, should I adjust profit on sale of fixed asset or loss on derecognition of assets?.
latest answer
Ind AS follows balance sheet approach. You simply compare the carrying amount as per books and tax base. Though we sell assets, it does not result in profit or loss for tax purposes since we follow block of asset concept.
Azmi RZmi
CA Final
★ 10K+
1
123
Digital assets
CFA
answered on 13-Oct-25 20:50
Sir please explain dogecoin i didn't understand [Video Time Stamp: 21:00]
latest answer
Dogecoin
Surya Praveen
CA Inter
★ 0
1
107