Forums
IND AS Applicability
Financial Reporting
answered on 02-Jul-25 16:38
Sir, if the parent company is a foreign company and that company has met the criteria the subsidiary in India should also adopt IND AS
latest answer
Yes.
Bharathkumar Sivakumar
CA Final
★ 430
1
150
Zero rated supply
Indirect Taxation
answered on 02-Jul-25 16:51
Let us assume, I do both domestic and export sale, export sales comes under zero rated supply and I take LUT. So, what will be my refund amount, how it will bifurcated as ITC is for both domestic and for export
latest answer
Refund is allowed proportionately based on turnover. As per Rule 89.
Hrishikesh Pradhan
CA Final
★ 18K+
1
182
Amendment for 17(5)
Indirect Taxation
answered on 02-Jul-25 16:52
Sir with respect to non availability of ITC with respect to tax paid on Sec 74 is restricted upto demands FY 2023-24 and paid for Sec 129 and 130 Removed, amended right ?
latest answer
Yes right.
Hemachandra D
CA Final
★ 9K+
1
183
Capital Goods purchased earlier now used for exempt supplies
Indirect Taxation
answered on 02-Jul-25 16:51
what will happen if a machine was purchased 6 years back and ITC was taken as it was for taxable supplies and now it will be used for exempt supplies ?
latest answer
For next 1 year only. Reversal will be done only till the useful life of asset.
Hemachandra D
CA Final
★ 9K+
3
213
Value of share = present value of future benefits
Financial Management
answered on 30-Jun-25 22:43
Po= EPS/Ke is formula, but here present value means 1/(1+Ke) will come, why only 1/ke [video Time Stamp: 11:19]
latest answer
Thank you sir
Mugesh Annadurai
CA Inter
★ 0
2
167
comparison figure
Direct Taxation
answered on 01-Jul-25 15:36
sir for comparing tax between amt and normal tax what figure of tax will we take - tax before surcharge and hec or after surcharge and hec? and will we add hec to amt tax?
latest answer
ok sir, thank you
Poojasree Shakthiraam
CA Inter
★ 25
2
205
Clause -3 Projections
Auditing
answered on 17-Nov-25 08:12
"If a Chartered Accountant in practice signs a project report containing 5-year financial projections, would it be considered a certification and could it amount to professional misconduct?" [Video Time Stamp: 01:42]
latest answer
Yes. He can sign , signing doesn’t amount to certifying , or vouching for accuracy. It only identifies the report is prepared by him . Once disclaimer has been given, he will not be guilty.
Harini Desu
CA Final
★ 2K+
3
183
TDS carried forward
Indirect Taxation
answered on 30-Jun-25 14:35
Till when can we carry forward the TDS credit and what is its time frame [Video Time Stamp: 12:19]
latest answer
No time limit.
Hrishikesh Pradhan
CA Final
★ 18K+
1
173
L2 derivatives
CFA
answered on 30-Jun-25 12:20
What are the things that will be covered in level 2 of derivatives pls and what's the ideal time for preparation is it also 300hrs
latest answer
Intro to Greeks yes but no to option strategies That comes in L3
Dhakshana Dhakshana
CFA L2
★ 18K+
3
134
Section
Corporate & Other Laws
answered on 30-Jun-25 12:12
The section mentioned in video after legal representatives is 40 or 48 [video Time Stamp: 11:03]
latest answer
It is Section 40.
Gurukanta Singh
CA Foundation
★ 19K+
1
163