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how can a future expenditure be capitalized in cost at the beginning.
Financial Reporting
answered on 29-Dec-25 16:59
Sir, overhaul expense will be incurred in 4th year, so it will be capitalized in 4th year and depreciated through 5-8 years. how can we assume the overhaul expense of 3 million has included in the total cost and depreciated through first four years when it was not actually incurred. [Video Time Stamp: 00:02]
latest answer
You buy a machine for 8 years. But law / manufacturer says: “You can use it for only 4 years at a time. After that, overhaul is compulsory.” Can you use the machine for the first 4 years without that overhaul? The answer is NO. For us to use the machine it must be in overhauled condition. So the amount we are paying upfront includes (notionally) a portion towards overhauled component.
Shinisha Rose R
CA Final
★ 5K+
1
150
Rate on of duty on accessories is rate of duty charged on article but what value we will assign to the accessories as no amount is separately charged for accessories
Indirect Taxation
answered on 31-Dec-25 14:00
Rate on of duty on accessories is rate of duty charged on article but what value we will assign to the accessories as no amount is separately charged for accessories [Video Time Stamp: 04:40]
latest answer
If it is charged then that value is considered else no value.
Nisam M
CA Final
★ 1K+
1
210
Treatment of dividends in AS-23
Accountancy
answered on 29-Dec-25 07:38
Hello Sir, why are we reducing dividend from cost of investment (as it is not pre acquisition dividend)?
latest answer
Thank you Sir
Mohamed Kaiz
CA Inter
★ 5K+
2
185
Audit and auditors : disqualification
Corporate & Other Laws
answered on 29-Dec-25 09:04
The relative of the audit is allowed to hold securities of the company upto Rs.1,00,000. I wonder that the institute's is not concerned about the percentage of such holding. What if the company has total value of securities as 5,00,000. Then a relative of auditor holding 1,00,000 will be considered as a significant influencer of that company where the auditor is appointed.
latest answer
Yes
Vinod Kumar
CA Inter
★ 11K+
3
202
No of shares
AFM
answered on 09-Apr-26 07:35
PE is same as pre merger, then can i find this way ? but answer is different, please clarify sir [Video Time Stamp: 05:52]
latest answer
Good Question Q 12 they specified the PE ratio will remain unchanged hence we followed the method of PAT x PE in Q 17 they did not mention any thing about PE ratio - hence assumed Sum of M cap of both entities. If you look at assumptions of Q 17 i have specified also that no synergy benefits and no change in PE hence the difference
Muhammed Mubaris
CA Final
★ 190
3
211
Enterprise Values
AFM
answered on 26-Dec-25 14:38
In some questions, while finding Enterprise Value, we discount cash flows using WACC. However, in other questions, Ke (cost of equity) is used for discounting even though debt is present in the balance sheet. Could you please clarify under what situations WACC is used instead of Ke, despite the existence of debt?
latest answer
ok sir
Muhammed Mubaris
CA Final
★ 190
2
233
How to calculate the income from house property U/s 91 of income tax act
Direct Taxation
answered on 02-Jan-26 12:33
I am struck in calculating the income from house property while calculating u s 91 please help me
latest answer
Thank you sir
adithya thushar
CA Final
★ 3K+
2
197
presentation
Costing
answered on 10-Jan-26 19:08
Sir shall we can find profit through p&l a/c , if yes while preparing the under and over absorption of FC should be shown in the debit side of the trading a/c by doing adjustment add/sub whether it is correct or wrong in exam [Video Time Stamp: 12:31]
latest answer
For marginal costing questions, statement format is preferable.
21SCO08 mahalakshmi
CA Inter
★ 1K+
2
171
computation of product and period cost
Costing
answered on 10-Jan-26 19:09
Sir if we present trading a/c then product cost under marginal will be 176000+64000= 240000 or 176000 [Video Time Stamp: 24:30]
latest answer
Selling expenses is not part of product cost. It will be a separate line item
21SCO08 mahalakshmi
CA Inter
★ 1K+
1
152
MCQ
Others
answered on 26-Dec-25 15:38
Hi Team while solving a test in mcq, post analytics, there is a glitch which is not letting to go back again to subjects page, so everytime its causing to close back the app and freshly open again could u please help in this regard
latest answer
okay
Harshitha Kalidindi
CA Final
★ 51K+
3
242