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dealers commission.

AFM

answered on 02-Dec-25 16:46

sir , i dont understand why do we have to again deduct the dealers commission from ib bank interest rate as .75% after considering commission was already deducted from 2%. [Video Time Stamp: 18:10]

latest answer

It is not subtracted twice. It is subtracted only once. Please write down the numbers and see. I showed it once for understanding purpose and second time I showed it as a reduction in actual cost Look at final combined cost of both parties and see how much is it lower than original cost

Sahal Shalu

Sahal Shalu

CA Final

0

1

176

Replacement cost of a part

Financial Reporting

answered on 02-Dec-25 16:47

As you mentioned, Ind AS 16 says that when a part of PPE is replaced, the cost of the new part should be added to the asset’s carrying amount if it meets the recognition criteria. This applies regardless of whether depreciation is done component-wise or as a single block like a building. Is it correct sir ? If yes how derecognition will happen ?

latest answer

This rule applies whether depreciation is done component-wise or on the whole asset, because recognition and derecognition are based on substance not on how depreciation is charged. If the replaced part’s cost is not separately identified, we estimate it by using the cost of the new part adjusted for inflation and remaining useful life or some other techincal estimate.

Hari Prasad

Hari Prasad

CA Final

3K+

1

227

Amendments for Jan 2026

Indirect Taxation

answered on 02-Dec-25 09:45

Could you please confirm if there are any amendments in IDT applicable for the January 2026 attempt, or if the current course is already fully updated and sufficient for the attempt?

latest answer

Welcome.

Yug Bhattad

Yug Bhattad

CA Final

63K+

3

203

Aggregation of Agricultural Income

Direct Taxation

answered on 02-Dec-25 09:36

In this sum balance 30% sugarcane sold which is Agricultural Income is exempt from tax right sir? [Video Time Stamp: 02:34]

latest answer

Yes it is agricultural income and exempt under Section 10(1).

Priya Ravi

Priya Ravi

CA Inter

55K+

1

162

Section 73A

Indirect Taxation

answered on 02-Dec-25 09:36

There is no lecture about sec 73A relevant for fy 24-25

latest answer

It is being added this week.

Manish Kumar

Manish Kumar

CA Final

4K+

1

225

borrowing cost mcq

Accountancy

answered on 04-Dec-25 16:24

please explain Q5. how is it 330000?

latest answer

Interest for 50 lakhs - 5.5 lakhs Interest for 30 lakhs - 3.3 lakhs

Ritu Kotian

Ritu Kotian

CA Inter

19K+

1

227

FIRST PROVISO TO SECTION 48

Direct Taxation

answered on 19-Dec-25 19:40

1. whether First proviso to section 48 is applicable for STCG? 2. In case of CG taxable u/s 112A & 112(on transfer of unlisted securities/ shares of closely held company) foreign exchange fluctuation not applicable, then for which shares & debentures does this first proviso applicable. Please clarify

latest answer

Yes.

SURESH KUMAR RSK

SURESH KUMAR RSK

CA Final

200

1

173

Acquirer

Financial Reporting

answered on 02-Dec-25 16:52

In this case ABC Ltd incorporated Super Limited to acquire focus limited so wouldn't ABC limited be the acquires as eventually ABc Limited Incorporated Super to acquire focus

latest answer

Super limited is the acquirer in this transaction

Gauri Shete

Gauri Shete

CA Final

5K+

2

165

Extra Information

AFM

answered on 21-Mar-26 07:36

Hi sir, really thankful for the additional information you're explaining to us to gain clarity! Just wanted to know if these additional information you're explaining is covered in the Theory book i.e, T380 book??

latest answer

Sure will send an update once added. We have started adding questions of jan 26 in videos. Have added for MF and M&A chapters so far. Will send out a notification with exact details of additions made to videos & notes, once all work is done Will take a week We do this for every attempt where we add questions and send out a detailed notification. so worry not

G Mohammed Mushtaq

G Mohammed Mushtaq

CA Final

15K+

11

222

Entry 13 renting of shops

Indirect Taxation

answered on 02-Dec-25 10:16

Sir, in Entry 13 the language says >=10,000 p.m is NOT exempt. So this is applicable for rent of one shop or all shops' rent taken together. I mean to ask is the limit 10000 p.m per shop? [Video Time Stamp: 14:07]

latest answer

Ok Sir

Rahul Anand

Rahul Anand

CA Inter

6K+

2

198