Forums
Advance Capital Budgeting
AFM
answered on 20-Nov-25 09:31
If in this que the salvage value was too high for prob 0.5 then there would be chances that it would be best case right .
latest answer
Best Case / worst case depends on NPV and not just salvage value alone Base considers only one probability. ENPV takes weighted average of all probabilities of CF
Gauri Shete
CA Final
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2
229
CARO 2020
Auditing
answered on 20-Nov-25 12:07
Ma'am, are we required to quote the clause numbers when referring to CARO 2020 requirements, in the same way like we quote the clause numbers for Professional Ethics?
latest answer
Clause number is mandatory. Infact would recommend sub clauses too.
Irfanah Ilias
CA Final
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192
Restrictions on loans
Auditing
answered on 20-Nov-25 12:09
Mam whether special sanction should be get from particular society registrar or central or state registrar [Video Time Stamp: 18:18]
latest answer
Special sanction is taken from the “Registrar of Co-operative Societies” of that specific State. Not from: Central Registrar (This applies only for multi-state co-operative societies under the Multi-State Co-operative Societies Act, 2002). Any other State Registrar or Central Government authority.
21SCO08 mahalakshmi
CA Inter
★ 1K+
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166
Exemption
Indirect Taxation
answered on 24-Nov-25 17:35
Rental of residential building for residential purpose to registered person is taxable under RCM, that should be reverse by registered person because od personal use, Is it right ah sir
latest answer
In case of renting of residential dwelling for residential purpose for personal use then it is exempt. However, in case of renting of residential dwelling to a registered person for business use then it is taxable under RCM.
Sudhanbrabu T
CA Final
★ 0
1
172
Inter company transaction
Accountancy
answered on 09-Dec-25 15:04
Sir in book they have given Capital Reserve a/c Dr To Stock a/c. But actual correct entry is P&L a/c To Stock a/c right? [Video Time Stamp: 12:24]
latest answer
can be done both ways.
Priya Ravi
CA Inter
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212
How to exercise buy back share
CFA
answered on 19-Nov-25 13:06
I have some shares of Infy and now infy is buying back shares how do i sell this to the company i mean i can exercise the buy back?pls explain
latest answer
If have shares in demat form in the website of your broker you will have an option to sell the shares under buyback Pls check
Dhakshana Dhakshana
CFA L2
★ 18K+
1
132
Audit of cinema
Auditing
answered on 19-Nov-25 13:39
Mam can you explain the 10th point whether advance refundable after the payment of full amount by the cinema threatre
latest answer
Simple Example to Understand A cinema theatre pays a film distributor: • Advance: ₹5,00,000 • As per agreement - after the movie runs, the final settlement is done based on revenue sharing. Suppose final amount payable to distributor = 4,20,000. Case 1 - Advance more than final amount Advance = 5,00,000 Final payable = 4,20,000 Excess = 80,000 refundable Auditor must check: • Whether the theatre received ₹80,000 • If not received -treated properly as receivable • Whether the agreement supports refundability Case 2 — Advance exactly equals final amount Advance = Final payable No refund Auditor simply verifies proper adjustment of advance. Case 3 — Advance less than final amount Advance = ₹5,00,000 Final payable = ₹6,00,000 Theatre must pay extra ₹1,00,000. No refund here.
21SCO08 mahalakshmi
CA Inter
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1
238
Ind as 23
Financial Reporting
answered on 19-Nov-25 09:01
Why is the interest not computed for the construction period alone ?full year interest is considered for the numerator to determine capitalisation rate.
latest answer
Follow my class solution
SANSKRITI BADRI 2111339
CA Final
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156
Aditional procedures and Anamoly
Auditing
answered on 20-Nov-25 18:02
mam, i could not grasp what exactly the additional procedures and anamoly are. i request, please explain. [Video Time Stamp: 00:18]
latest answer
thank you for clarification mam
Vinod Kumar
CA Inter
★ 11K+
2
173
Exemption - Transport of passengers
Indirect Taxation
answered on 24-Nov-25 17:35
Booking bus,auto through ECO like Rapido, uber is attract GST sir
latest answer
Yes.
Sudhanbrabu T
CA Final
★ 0
1
165