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Spom set c&d applicability
Others
answered on 19-Jul-25 06:24
I qualified CA inter on may 2022. I completed my ADV icitss on March 2025. Am I need to give set c& d?
latest answer
Thank you so much sir
Anu Radha
CA Inter
★ 0
4
186
Deffered Tax Liability
Financial Reporting
answered on 18-Jul-25 22:17
According to Example Explained in DTL, In Year-1 i.e Initial Recognition of Transaction Which is not in Business Combination, There is No Impact on Accounting Profit and Taxable Profit. In the Second Year Charge a Depreciation of Rs.20,000 as per Books. and Not Effect in respect of Tax Purpose. With this There is difference in Accounting Profit and Profit as per Tax Purpose. In this We have to Recognise Deffered Tax or not ? [Video Time Stamp: 08:26]
latest answer
We will recognise subsequently. Only on initial recognition we wont.
Yeduabati Mohan Rao
CA Final
★ 2K+
1
171
Value of Right Vs Post Right Issue Shareholders Wealth
AFM
answered on 18-Jul-25 22:27
Sir, post-right issue shareholder wealth is derived using the TERP and issue price value, just like in the formula for the value of the right. Since both differ only in multiplying with number of shares, can value of the right be interpreted as a component or reflection of shareholder wealth? Please explain.
latest answer
Yes you are right Value of right is part of share holder wealth Unless there is value capture from new project as NPV there is no increase in shareholder wealth
Murali Thripuraboina
CA Final
★ 3K+
1
178
cost of capital
Financial Management
answered on 18-Jul-25 22:30
why under ytm method we are not deducting 1-tax on inflow but only for the interest part?
latest answer
Because tax benefit is on interest expense and not principal repayment In housing loan when u pay emi, tax deduction in your ITR is not on emi but only on interest paid by u Same way only int expense goes to P and l and gets tax benefit
Preethi S
CA Inter
★ 2K+
1
138
Professional ethics
Auditing
answered on 25-Jul-25 08:21
Please someone explain. Why CA in practice do advertisements about his classes in social media become guilty. If so there are a lot of CAs who do this in the real world ? Are they falling under guilty of professional misconduct ?
latest answer
Thank you mam.
Balaji R
CA Final
★ 20K+
6
196
Rights Issue
Financial Reporting
answered on 21-Jul-25 15:03
Sir i in the example taken adj factor calculated as 14/15 = 0.933 or (1/1.0714) And While using the Right Adj Factor formula it is taken as 100/93.33= 1.0714 Is the value taken in reverse in case of example, i did not understand why it is reverse [video Time Stamp: 13:35]
latest answer
You can compute it both ways.
R Yashwanth Kumar
CA Final
★ 87K+
1
147
H model
AFM
answered on 18-Jul-25 17:55
the yellow part consists of supernormal portion from 0 till T. which is time, where T is known. therfore, should the denominator for the formula be (1+R)^t (being definite) or Ke-g(which is given in formula) . am i missing anything,sir? [Video Time Stamp: 05:24]
latest answer
H model
Jayanth
CA Final
★ 6K+
1
186
Perpetual Cashflow
AFM
answered on 19-Jul-25 16:10
"Perpetual Cashflow at the end of 5th year is given as ₹ 10,260 Lakhs". What's the significance of the word Perpetual in the sentence ? Doesn't it mean that cashflow given is the future cashflow of the business for perpetuity except not given at present value ( i.e perpetual CF (x) PVF of 5th year ). [Video Time Stamp: 00:54]
latest answer
Yes your underside correct
Mohanbabu N
CA Final
★ 3K+
7
182
Step - 7 Receipt and inspection of material
Costing
answered on 21-Jul-25 15:34
Sir, who will prepare Good received note and to whom it should be send because when the materials are received by the stores they will store, unpacking, inspect the material as per the terms and conditions of purchase order. . Store department will ispect the goods then who will send send the goods recevied note whether by factory or stores while GRN received by suppiler [Video Time Stamp: 12:21]
latest answer
Generally , Stores departement receives the goods, inspects them and prepares the GRN. This GRN is forwarded to purchase department - confirming receipt and to accounts department - so that when invoice is received - they can pay the invoice. Supplier generally asks for a receipt stamp on invoice sent by supplier which is taken back by the transporter.
21SCO08 mahalakshmi
CA Inter
★ 1K+
1
171
Inherent Limitations Meaning Audit
Auditing
answered on 22-Jul-25 10:20
What is Inherent Meaning and Explain
latest answer
These are unavoidable so we can’t give 100% assurance or guarantee about our examination. Looking at volume of transaction, it’s impossible to check all of them. Management prepares financial, uses assumptions , frauds could be there.. all these are considered to be inherent. Please refer the video content for multiple examples on the same
V Ajith Kumar
CA Inter
★ 1K+
2
240