Forums
Freight
Indirect Taxation
answered on 26-Jun-25 13:35
Hello sir, hope you are fine. Sir , I didn't understand the logic why you've taken freight under section 15(2)(c) in this problem and as the previous problem i.e illustration- 7, you have taken it under section 8(a) → why didn't you take it under this section8(a) ?
latest answer
Since the freight is given separately it is being included as per Section 15(2)(C). Anyways the tax rate will remain same as per Section 8(a).
Nagachaitanya Nomula
CA Final
★ 8K+
1
198
IND AS 27
Financial Reporting
answered on 26-Jun-25 16:46
Sir as per the example to satisfy three conditions of Reorganization of the group structure, here assume Ambani owns 100% of RIL, Should Reliance holdings Limited take control of 100% to satisfy this conditions or it can take any other percentage of control, like 80% of RIL, etc
latest answer
control is required. It can be less than 100% as well.
R Yashwanth Kumar
CA Final
★ 87K+
1
147
Perfectly competitive market question 19
Economics
answered on 23-Jun-25 10:47
According to me the answer should be an option C Another bit In this what does resources are very mobile mean In this of market firm face which type of demand curve
latest answer
Not sure what is the answer in the printed book, but online PDF says option is C only https://resource.cdn.icai.org/82068bos66159-cp4-u3.pdf Demand Curve in Perfectly competitive market is flat horizontal line Resources mobile means factors of production can be moved without any cost eg: people factories etc
Gurukanta Singh
CA Foundation
★ 19K+
1
184
Fema act 1999
Corporate & Other Laws
answered on 23-Jun-25 13:38
In this que of simphnic limited , I think calculation is done very differently if we compare with actual provisions so can anyone pls check and tell wheather it is right or not
latest answer
The suggested answer is not correct. The amount has to be Higher of 5% of investment bought or USD 1,00,000. In the given case USD 1,10,000 is within the limit.
Samarth Kshatriya
CA Inter
★ 1K+
1
188
Exchange Ratio
AFM
answered on 22-Jun-25 19:25
If CMP of A is 42 and B is 28, exchange ratio is 42:28. But I find that confusing — can I write 28:42 and mention ‘28 shares for every 42 held’? Is that okay in exams? [Video Time Stamp: 02:18]
latest answer
Mention 28 for every 42 shares No need to use any ratio at all u will not lose any marks
Manikyam
CA Final
★ 0
1
206
ACCA
Others
answered on 23-Jun-25 11:02
How many exemptions in ACCA will i get if i complete b.com professional accounting from PSG College of Arts and Science and CA Inter both the groups group 1 fully and group 2 in units scheme totally 6 subjects 4 in old scheme in group 1 and 2 in units scheme grp 2
latest answer
While PSG is not listed in exemption calculator in ACCA Global portal, CA Inter related exemptions can be checked here https://www.accaglobal.com/in/en/help/exemptions-calculator.html
ARUN SKANDHAN SETHURAMAN
CA Inter
★ 120
1
243
Capitalisation rate
Financial Reporting
answered on 23-Jun-25 12:44
Sir, For the purpose of calculation of Capitalisation rate of the general borrowings. Do we consider working capital loans & interest incurred upon them. Also do we consider Inter corporate deposits and interest on them.
latest answer
yes. All borrowings are considered.
Sai Eswar Kolli
CA Final
★ 30K+
1
149
Measurement After Recognition
Financial Reporting
answered on 23-Jun-25 12:45
Why is Elimination Depreciation Method or Restatement Approach not used in this Question ? [Video Time Stamp: 13:43]
latest answer
The question is on preparation of PPE account. If accumulated depreciation is presented separately, there would hardly be any entries in the PPE account. If the question had asked machinery account & accumulated depreciation account, we would have prepared PPE account on gross basis and used dep elimination approach.
Abdul Rahman
CA Final
★ 16K+
1
177
IND AS 102 Share based Payments
Financial Reporting
answered on 23-Jun-25 12:43
Sir, why in some cases reversal of expenses is allowed and not allowed in other cases ? [Video Time Stamp: 18:48]
latest answer
The market price (and its expectations) impact the fair value of option right from inception. So in case of market based condition, the fair value considers "expected vesting" at inception itself. Meaning to say, the fair value already factors in the probabity of vesting. Hence the expense is not reversed. however in case of non-market condition, vesting conditions are not factored in Fair value. So if the options do not vest, we reverse the expense.
Sai Vema
CA Final
★ 108K+
4
196
Law
Corporate & Other Laws
answered on 22-Jun-25 15:20
Law is a set of obligations and duties imposed by the government for securing welfare providing to society
latest answer
Nahi ban raha hai
Sonu Kumar
CA Foundation
★ 0
2
171