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Effect of fraud upon validity of a contract
Corporate & Other Laws
answered on 18-Jun-25 11:52
What does the 3rd point mean in Effect of fraud upon validity of a contract
latest answer
This means that a person can ask the other party to fulfill the contract, but only if he is compensated or placed in the same position he would have been in if the false statement (representation) had actually been true. It's like saying, "I’ll go ahead with the deal, but fix the loss caused by your false promise."
Gurukanta Singh
CA Foundation
★ 19K+
1
188
amendment effect
Direct Taxation
answered on 01-Jul-25 15:28
sir does the amendment of ltcg also apply in case of s.46(2) i.e, if liquidation is done on or after 23 july 2024, coa will only be considered for ltcg and not icoa? [Video Time Stamp: 03:24]
latest answer
ok sir, thank you sir
Poojasree Shakthiraam
CA Inter
★ 25
2
204
Capital structure
Financial Management
answered on 17-Jun-25 23:39
Is Total capital employed and value of the firm is same ? Where ko is inverse to V, here V is value of firm or total capital employed ? I cannot differentiate and see the Total capital employed and value of the firm , so kindly pls clear the doubt...
latest answer
Cleared sir
Mugesh Annadurai
CA Inter
★ 0
2
182
nature and scope of business economics
Economics
answered on 17-Jun-25 12:12
what do you mean by econometrics
latest answer
It integrates economic with statistics
Vikas Patil
CA Foundation
★ 0
1
260
Doubt
Accountancy
answered on 18-Jun-25 11:15
Can we make a direct brs as balance as per cash book and passbook are given in illustration 5 of x
latest answer
It may or may not. But you need to be prepared all type of questions.
Gurukanta Singh
CA Foundation
★ 19K+
3
230
Another method - Is it correct
AFM
answered on 16-Jun-25 16:26
can we use the below method for alternative 2. [Video Time Stamp: 12:24]
latest answer
Yes You can. No issues
Shinisha Rose R
CA Final
★ 5K+
1
218
Presentation
Corporate & Other Laws
answered on 18-Jun-25 14:05
In exam , we cannot learn all the sections number, hence in answer I write, " As per Companies act 2013 , the provision State as follows ......". But , if the answer is as per the rules , 2014 and we write in answer as , " as per companies act 2013 , etc ....." , will examiner deduct marks . How to solve these problem , should we learn which are the answers of the question are as per rules and which are answers as per provision of act ?
latest answer
You can mention "As per the Companies Act 2013 & relevent Rules" if you dont recall exact Rule number or name. If you remember rule name then You can mention "As per the Companies Act 2013 & Companies (Accounts) Rules 2014" Basically whatever you accurately remember, you can quote that. Yes you may lose half mark for not quoting exact section/rules. But the point is that most students lose such marks as its very difficult to recall all sections. Our goal should be to maximise the marks we can score in rest of the paper that includes concepts, presentation, analysis, paper writing speed. that will get us more marks with moderate effort and focus compared to the effort and time it takes to remember each section. You can keep important sections in mind. and Remember the names of Rules rather than exact rule numbers.
Anirved Rahatgaonkar
CA Inter
★ 0
1
258
sdv and sp
Direct Taxation
answered on 18-Jun-25 10:34
sir if the sdv is more than the actual sp but its not more than 110% of the sp, will we still take the sdv to be deemed as sp? [Video Time Stamp: 01:22]
latest answer
ok sir, thank you
Poojasree Shakthiraam
CA Inter
★ 25
2
214
Bank Reconciliation Statement
Accountancy
answered on 16-Jun-25 10:41
When Balance as per cash book/pass book is given but it is not stated that it is a Debit or Credit balance Which balance we should take favourable or unfavorable balance
latest answer
Thanks sir
Gurukanta Singh
CA Foundation
★ 19K+
5
342
Additional goods/services
Financial Reporting
answered on 16-Jun-25 10:43
Sir, here, all customers are entitled to this discount generally.so, how is it a material rt? [Video Time Stamp: 03:06]
latest answer
even if it is given to all customers it can be a material right. Also here we have taken total consideration and allocated over three years .
SANSKRITI BADRI 2111339
CA Final
★ 4K+
1
153