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limit for making application to NCLT

Corporate & Other Laws

answered on 22-Sep-25 15:32

Mam, in book the limit for making application to NCLT was given as 1 Lakh whereas in video is was mentioned as 1 Cr . In exam what limit can we apply. [Video Time Stamp: 09:09]

latest answer

Okay

Shinisha  Rose R

Shinisha Rose R

CA Final

5K+

2

133

spot

AFM

answered on 20-Sep-25 19:57

sir,so if you tell the bank that you need the dollars in cash transaction date itself , they would be able to deliver on that day itself? if so whats the importance of t+2 days, i mean who would want to wait 2 days when you can get the dollars the day itself, i.e 1st jan [Video Time Stamp: 04:03]

latest answer

Cash vs spot

Sahal Shalu

Sahal Shalu

CA Final

0

1

155

Preference shares - net proceeds

Financial Management

answered on 07-Dec-25 18:52

"Sir, are issue price and selling price the same? In the given question, the preference shares were already issued at par. First, we have to check if the issue price (IP) is given — if not, then take the market price (MP) given. Is this the correct procedure? Or, in case of computing the cost of securities already issued in the past, should consider the current market value and not the issue price or discount? In the given case, the preference shares were issued 10 years ago, and now current market price is 75 so which procedure should be adopted, or both correct?"

latest answer

For Ke for Marginal cost we used issue price only.

21SCO08 mahalakshmi

21SCO08 mahalakshmi

CA Inter

1K+

3

149

Fate of forward contract

AFM

answered on 20-Sep-25 20:04

In qs14 first bit why did they take 0.075% as we are finding selling rate to cancel buy contract we have to take 0.20%?

latest answer

Buying vs selling

lakshmi sowmya pasupuleti

lakshmi sowmya pasupuleti

CA Final

0

1

151

Doubt

Auditing

answered on 24-Sep-25 10:09

Ngo includes charitable trusts? If yes two concepts, procedures for doing audit will it be same? Why .? Are we get marks [Video Time Stamp: 00:00]

latest answer

NGO is a wider term which includes charitable trusts, societies, and Section 8 companies. Audit procedures are broadly the same because all are non-profit and rely on donations/grants, though compliance requirements may differ depending on legal structure. So based on question you can pick specific points. And few general points can be added. You wil get marks👍

Sri Kanth

Sri Kanth

CA Inter

650

1

144

General doubt

Auditing

answered on 23-Sep-25 18:46

[Auditor, engagement team, reviewer ]fees, experts fees are comes under p&l a/c? After deducting that income would change right We are giving opinion before on certain fees Some ,case study like if they are in safe line ready to get dead line situations that may leads to 570sa [Video Time Stamp: 02:58]

latest answer

These are professional charges incurred by the company. They are an expense and shown in the Profit & Loss A/c. Expert Fees (e.g., valuation experts, actuaries, legal experts consulted during audit) → If paid by the company to get audit-related or statutory compliance services → also an expense in P&L. If auditors bears- then no in company’s Profit and Loss. Yes this will impact profit. Auditors are expected to consider whether such expenses are reasonable, genuine, and properly disclosed in the financials.

Sri Kanth

Sri Kanth

CA Inter

650

1

191

Net proceeds

Financial Management

answered on 20-Sep-25 13:38

Sir in the previous problems we split the problems into redemmable or irredemmable and calculate accordingly BV or MV . Now in what procedure we have to solve the problems .

latest answer

Net proceeds

21SCO08 mahalakshmi

21SCO08 mahalakshmi

CA Inter

1K+

1

136

Depritiation

Accountancy

answered on 24-Sep-25 09:37

If an asset A Value 100rs opening value at the beginning of the year Depritiation block: Opening:80 During the year: 30 Closing: 110 So after deducting the depreciation of closing at the end of year will we consider the closing value of asset -10

latest answer

For tax you cannot deduct 30 since it's based on WDV approach. FOr accounting max - 20

Snehashis Mohanty

Snehashis Mohanty

CA Inter

35

12

183

Defferd tax asset & liability

Accountancy

answered on 20-Sep-25 10:20

Please Can Anyone Explain to me if Dep Comp 10000 & Dep IT is 9000 it's defferd liability or not same thing if we reversed the amount what will be the case?

latest answer

Sir Thank You for the link I will see the video if I will get any doubt then I will ask

Snehashis Mohanty

Snehashis Mohanty

CA Inter

35

3

168

Risk aversion

CFA

answered on 20-Sep-25 10:07

I didn't understand please help in solving this question

latest answer

Question is not clear

Surya Praveen

Surya Praveen

CA Inter

0

4

132