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Clause 3
Auditing
answered on 13-Sep-25 09:59
Ma'am in the first example does clause 3 be applicable or not.? As he receives part of the profits of a person who is not a CA. [Video Time Stamp: 03:38]
latest answer
👍
K Vamshi
CA Final
★ 14K+
3
132
Share Valuation - Equity
AFM
answered on 12-Sep-25 13:52
IPP's share is sold for about ₹ 73. As per a forecast growth of 8.5% is expected. IPP is expected to pay dividends of 1.68 per share. b) It is expected that IPP to earn about 12% on book equity and shall retain about 50% of earnings. How these forecasts will change growth rate and Cost of equity. Sir, Among the three alternative answers for the question b. Which one should I use for exams?
latest answer
Ok sir thank you
PAVI S
CA Final
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5
141
Regarding notes
Auditing
answered on 17-Sep-25 09:55
Mam I'm unable to find notes which you are sharing in the screen. [Video Time Stamp: 03:18]
latest answer
Thank you mam
21SCO08 mahalakshmi
CA Inter
★ 1K+
3
163
notes
Economics
answered on 12-Sep-25 10:27
sir can you guide me for how should i make my runung notes for economics as it is objective and i am confused how to prepare for economics [Video Time Stamp: 01:29]
latest answer
Make notings of points which confuses you. Our notes are comprehensive Also After you practice MCQs, it will be sufficient.
Rudransh Aheer
CA Foundation
★ 3K+
1
146
COC
AFM
answered on 12-Sep-25 09:23
Sir, Why are we not taking COC here in this computation when we are computing 1 month futures value? [Video Time Stamp: 24:53]
latest answer
Coc
Sahal Shalu
CA Final
★ 0
1
126
Pilferage of Goods kept in warehouse
Indirect Taxation
answered on 22-Sep-25 12:21
Sir, in this lecture it has been explained that if the goods were pilfered after unloading but before clearance for home consumption / warehousing, then import duty will not be paid. And if order for clearance (for home consumption / warehousing) is made and there is pilferage before actual clearance (for home consumption / warehousing), then duty is payable. But if after the goods were cleared for warehousing and they were pilfered in the warehouse, then shall the importer be liable to pay the import duty? I am asking this because section 13 does not apply to warehoused goods, and because section 23 does not deal with pilferage. But in the ICAI Study Material it is written that the logic behind sec. 13 is that when the goods are not in the control of the importer, he should not be required to pay duty on such goods. But there is no clarity regarding pilferage of goods that are kept in warehouse.
latest answer
Agreed.
Vignesh Panigrahi
CA Final
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3
214
Consolidation
Accountancy
answered on 14-Sep-25 12:17
What is the way to calculate the goodwill and the capital reserve
latest answer
The Reserves and Surplus of S Ltd. as on 1st April 2023 were ₹5,20,000. Out of this, the portion considered as capital profit is ₹5,20,000, while the remaining ₹4,10,000, along with adjustments, is treated as revenue profit, giving a closing balance of ₹9,30,000. An abnormal gain of ₹9,000 is deducted from revenue profit and added to capital profit (since its purely pre acquisition) The bonus part is reduced from capital column and added to revenue column Also apportion dividedn between pre and post. Adjust revaluation of plant and machinery. Post this you should be able to get. Share your working here. Will correct if required.
Bobby Saini
CA Inter
★ 100
1
205
Referal Fee's
Auditing
answered on 13-Sep-25 09:43
Ma'am is my understanding is correct for the following example For suppose Mr.A is a CA in practice and a person who is Mr.B who is working as Filing of GST returns and is not CA and he has referred Mr.C to Mr.A for some Income tax dispute purpose and Mr.B asked to pay the Referral fee out of the fee received from Mr.C. Now this payment will be guilty of professional misconduct as he paid to other than persons mentioned in clause 2. [Video Time Stamp: 00:00]
latest answer
Okay Ma'am. Thank you.
K Vamshi
CA Final
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2
138
Doubt
Auditing
answered on 13-Sep-25 09:16
Sqc1 (quality of audit as a whole firm) *includes* sa220 (quality in audit of fs)? [Video Time Stamp: 12:23]
latest answer
Yes . SQC 1 is for all engagements. And one such engagement is audit.
Sri Kanth
CA Inter
★ 650
1
128
Rebate under default regime
Direct Taxation
answered on 12-Apr-26 23:33
As per old regime rebate is applicable for income other than 112A by satisfying certain limits. As per the new regime, whether rebate is applicable for other special rated income? For example, Resident individual sold land (LTCG) of Rs. 5 lakhs (COA - Nil) on 31.12.24. Having no other income. What is the tax payable amount?
latest answer
Exactly.
Balaji K
CA Final
★ 7K+
4
199