Forums
illustration 7
Accountancy
answered on 13-Oct-25 22:27
why do we subtract the salvage value even when its not given as a seperate deduction in the notes [Video Time Stamp: 06:30]
latest answer
Yes. Similar treatment like income from testing.
Rithu V
CA Inter
★ 7K+
3
234
why the assumption
Financial Management
answered on 14-Oct-25 18:19
why is the number of days in a year assumed as 360 days just for calculation? isnt it a fact that a year has 365 days and therefore lets keep it as 365 days and do it and put in decimal answer [Video Time Stamp: 10:48]
latest answer
ok thank you sir
Just Enjoy
CA Inter
★ 3K+
2
237
Topic Returns
Indirect Taxation
answered on 15-Oct-25 16:22
Sir, in the above lectures, you did not explain about GSTR 1A, GSTR 6, GSTR 7, and Information Return (Section 150 & 123), which are there in the ICAI Material. Please provide me with the lectures on the above topics.
latest answer
We are in the process of updating. Will be done by end of this month.
Narmada Chennuru
CA Final
★ 4K+
1
183
Additional Audit Procedure vs Alternative Audit Procedure
Auditing
answered on 14-Oct-25 06:49
I have a general question Is the Additional Audit procedure and Alternative Audit procedure the same? or is there any difference between them? Can we use these terms interchangeably? [Video Time Stamp: 09:32]
latest answer
Great explanation
rashid poonthala
CA Final
★ 31K+
2
375
Crypto currency
CFA
answered on 13-Oct-25 20:48
Sir please explain crypto currency whales . [Video Time Stamp: 27:36]
latest answer
Whales
Surya Praveen
CA Inter
★ 0
1
146
Loan to related party
Corporate & Other Laws
answered on 15-Oct-25 11:42
X ltd has advanced loan amounting to 10 crores to an LLP, in which X ltd is the designated partner. The llp agreement mandated 12% interest on loan.Since the LLP has not commenced its business operations and partners through a board resolution agreed for no interest on loan. In regard with section 186 and CARO reporting, kindly guide, what should be done here.
latest answer
Under CARO 2020 , the auditor must report the loan and state whether its terms are prejudicial to the company’s interest, since no interest is charged as per agreement.
Azmi RZmi
CA Final
★ 10K+
1
169
DEFERRED TAX - PPE
Accountancy
answered on 13-Oct-25 22:22
While computing Deffered tax as per WDV, should I adjust profit on sale of fixed asset or loss on derecognition of assets?.
latest answer
Ind AS follows balance sheet approach. You simply compare the carrying amount as per books and tax base. Though we sell assets, it does not result in profit or loss for tax purposes since we follow block of asset concept.
Azmi RZmi
CA Final
★ 10K+
1
166
Digital assets
CFA
answered on 13-Oct-25 20:50
Sir please explain dogecoin i didn't understand [Video Time Stamp: 21:00]
latest answer
Dogecoin
Surya Praveen
CA Inter
★ 0
1
154
hillers model formulae
AFM
answered on 13-Oct-25 19:34
Sir in hillers model formulae why are we squaring the denominator in 2, 4 ,6 in the sum no illustration 14 while calulating standard deviation [Video Time Stamp: 20:00]
latest answer
I am not aware of the logic I don’t even know where they picked up this concept from I have searched at multiple places and in various books but could not find the source for hillers method I mentioned abt this in the videos too
Raghavan Mani
CA Final
★ 355
1
240
Query
AFM
answered on 13-Oct-25 20:31
Sir , in this qn it is saying that XYZ inc issues a loan right? So it means they are the lender .so typically they should buy a floor and sell a cap , right? [Video Time Stamp: 00:19]
latest answer
The wording is poor Issues a loan means issues a bond. i.e they are borrowing Also, only if you are borrowing would you be interested in restricting your outflow due to increase in interest rates So You woudl enter into a buy cap only if you issue a bond i.e take a loan
Sahal Shalu
CA Final
★ 0
1
141