powered by logo

Forums

Jan 2026

Indirect Taxation

answered on 16-Jan-26 16:53

Sir, Could you pls solve the paper of jan 2026 attempt ! As some question were tricky, it would be better we have a solution to cross check

latest answer

Sure. Will do that.

Hrishikesh Pradhan

Hrishikesh Pradhan

Qualified CA

★ 18K+

1

157

In this case of minor acting as a agent, the principle should not be liable

Corporate & Other Laws

answered on 13-Jan-26 22:20

As the Agent(even tho its a minor) is exceding his authority, he could only sell for more than 4 lakhs but chose to sell for 3 lakhs even tho he didn't have enough authority.

latest answer

An act done by an agent beyond the authority conferred on him is not binding on the principal; hence the sale for ₹3 lakhs is invalid against the principal.

Dhruv Singh

Dhruv Singh

CA Foundation

★ 630

1

169

Basics

Accountancy

answered on 16-Jan-26 10:35

Sir, I am from Science Background. What Topics should I read before understanding Accounting standards?? Should I read all basics now or would you tell me what particular fundamentals I should read to understand one particular chapter as we go on through the syllabus. (Ex.- When we r about to study CFS, what basics should I read in order to understand Cash Flow Statement??)

latest answer

Ok sir. Thank you

Jagadeesh Jaidev

Jagadeesh Jaidev

CA Inter

★ 645

4

175

Advanced Capital Budgeting Decision - Illustration 2

AFM

answered on 13-Jan-26 12:11

While calculation the Cash flow why didn't we reduce tax i.e.(1-tax) in revenues and costs but have considered tax only in the case of depreciation. Thanks in Advance [Video Time Stamp: 19:48]

latest answer

We did that at 12.12 (R-C) x (1-t) i.e 40%

kaviya boominathan

kaviya boominathan

CA Final

★ 430

1

135

YTM-Approximate Calculation

AFM

answered on 13-Jan-26 12:12

Sir, in this question can we calculate YTM using the YTM formula directly (c= 13, P0 = 100, P1 = 95, assuming Face value as Rs. 100), which comes to 14.18%?

latest answer

Approximate formula is to be used when details are not available or when question specifically asks. Other wise pls use IRR based formula

Murali Thripuraboina

Murali Thripuraboina

CA Final

★ 3K+

2

158

Permanent exemption

Exams

asked on 12-Jan-26 18:00

Any one writing exams with permanent exemption?

latest answer

No answers yet!!

Lakshmi Narayanan Vijayendran

Lakshmi Narayanan Vijayendran

CA Final

★ 0

0

206

Different approach to solve

Indirect Taxation

answered on 16-Jan-26 16:54

In idt institute ask new questions where.the suggested answer and ours semms different but logic used is same.like the presentation which is used by institute in this Question May 23.and mine attached herewith is totally different. But the logic and incremental cost is anyways coming same 1.institute-profit margin difference-533000-337714=195286 2.mine- incremental cost 372286-177000=195286 Whether institute will grant for the same

latest answer

Always advised to follow the ICAI method of solving.

Gauri Shete

Gauri Shete

CA Final

★ 5K+

1

210

Disclaimer of opinion

Auditing

answered on 12-Jan-26 19:20

In listed entities it's compulsory but when it's disclaimer of opinion then KAM should not be included in the audit report is applicable for listed entities also???

latest answer

Yes . Kam and Disclaimer never to be reported together. In all cases including listed entities .

PRIYA THARISINI

PRIYA THARISINI

CA Inter

★ 780

1

155

Cost of capital

Financial Management

answered on 10-Jan-26 10:19

I need a solution this question

latest answer

Which question? No attachment

Saurab Kumar

Saurab Kumar

CMA Inter

★ 0

1

176

Repo

AFM

answered on 09-Jan-26 17:02

Sir i have doubt on this formula First Leg = Nominal Value x (Dirty Price/100) x (100-Initial Margin/100) Here, why Dirty Price is divided by 100? My doubt is why divided by 100? is it face value or something else. [Video Time Stamp: 06:26]

latest answer

Understood sir Thank you

G Chandrakanta

G Chandrakanta

CA Final

★ 15K+

2

195