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MTP Series ii - Mutual Funds Q
AFM
answered 1 day ago
Question - 5(b) of AFM MTP Series ii Please explain the logic of using NPV to compute effective yield and how the PV of cash inflows have been calculated in computing NPV
latest answer
Thank you sir, very well explained.
Vish
CA Final
★ 5K+
2
33
Financial Statements - Illustration 2
Accountancy
asked 1 day ago
Hi Sir, As You were explaining about the Reissue of Forfeited Shares of above mentioned illustration, it is being mentioned in the Question that The reissue has been done at the Rs. 90, however, the face value of share is Rs. 100. Therefore, I request your kind self to explain about the legibility of Issuing forfeited share less than Face Value.
latest answer
No answers yet!!
Aakash Raj
CA Inter
★ 0
0
21
Macaulay's Duration
AFM
answered 1 day ago
Here at the end of the year , we are multiplying the cashflows with year and then discounting with PVF, got 464.65 . In the previous illustration 1, we are compounting bond period by multiplying propotionate value with no of years.. Please clarify why we are doing so
latest answer
Both are same are they not? can you please put it down ( that is both methods) on an excel sheet or a piece of paper have a look for say a 2 year bond instead of a 5 or 7 year bond?
Rahul Kumar
CA Final
★ 2K+
1
21
Articleship Registration
Others
answered 1 day ago
When I try to submit my form it is showing like this, I even tried multiple times but the same is appearing. Can you suggest me a solution for this
latest answer
Sir can you explain in detail
Bumble Bee
CA Final
★ 3K+
2
39
Discounted payback period
Financial Management
answered 7 hrs ago
Sir as you said, last year CFAT and TMCI should be written separately to calculate the discounted payback period and in ICAI material last year CFAT and TMCI taken combinely . SO WHAT SHOULD WE FOLLOW IN EXAM TO GET MAXIMUM MARKS.
latest answer
Please follow ICAI method only in the examination
Narasimha G
CA Inter
★ 2K+
1
39
PGBP
Direct Taxation
answered 1 day ago
In this sum why interest on captial is reduced from Net profit while computing book profit.. interest on capital maximum 12% p.a is disallowed right as per Sec 40(b) then we have to add only right ? Excess 12% is not added because it is not debited to profit and loss account..but y upto12% is reduced...? And in this question allowable working partner salary is Rs .384000..is that is disallowed that is added to net profit for computation of PGBP?
latest answer
If excess interest is debited to PL then excess is added back. However, if interest amount is not taken in PL at all then 12% shall be reduced. Kindly apply the logic. In case of salary to partners, whatever is debited to PL that will be added back. From book profit, if we reduce remuneration allowable to partner we will get the answer of taxable income under PGBP.
Lavi Lavanya
CA Inter
★ 6K+
2
61
doubt regarding assumption taken in question
Financial Management
asked 2 days ago
works cost is assumed to be equal to the cost of good sold under the assumption that the opening & closing value of both wip and finished goods is not given in the question, but the value of closing stock of finished goods is given in the question, and is also computed later on by sir at 6 % of the works cost,so isn't this assumption worng?
latest answer
No answers yet!!
aravind lalji
CA Inter
★ 0
0
35
Payment of tax
Indirect Taxation
answered 1 day ago
What's the answer for this question?
latest answer
If he pays tax under wrong GSTIN then he has to pay correctly under right GSTIN and the tax already paid under wrong GSTIN can be claimed as refund.
Lavi Lavanya
CA Inter
★ 6K+
1
28
MCQ
AFM
answered 1 day ago
As told in vedio, How to access mcq separately for purchased classes, because before purchasing AFM also i was able to access afm mcq section, is there any separate mcq provided for paid version
latest answer
Right now MCQs are free. We will make them paid in May So go to MCQs tab on our website and app and start accessing MCQs
R Yashwanth Kumar
CA Final
★ 57K+
1
28
Ind AS 19 employee benefits
Financial Reporting
answered 1 day ago
Video No 9 Illustration 4 An entity has 100 employees who are each entitled to ten working days of paid sick leave for each year. In the answer 180 days taken for calculation. 180 days how arrived. (On mathematical part I am not clear)
latest answer
Total employees - 100 Total leave entitlement - 200 Expected leaves which will be availed - 20 Balance - 180
swaminathan sundaram
CA Final
★ 110
1
21