Forums
EBIT VS EAESH
Financial Management
answered on 28-May-25 10:24
@27.5where EAESH is different from EBIT Because , tax part is exist b/w them results different answer EBIT-TAX=EAESH(no debt,no ps)
latest answer
Yes
anju B
CA Inter
★ 21K+
1
180
Which provision will come
Corporate & Other Laws
answered on 28-May-25 11:14
Which contract is this and what would be the answer in this
latest answer
It is implied communication of offer and implied acceptance.
Preeti Prajapati
CA Foundation
★ 0
1
179
D1 or D0
Financial Management
answered on 28-May-25 10:25
Sir ,I have a confusion always about how to identify whether the dividend is D1 or D0 in the question?
latest answer
When they say next year it is d1 It is based on simple reading of question only nothing beyond that
anju B
CA Inter
★ 21K+
1
173
Flotation cost in WACC market value
Financial Management
answered on 28-May-25 10:26
Why don't we subtract flotation cost by the computation of WACC @market value where for ex. Mps =24 flotation cost 4rs. Then 50000shares ×(net mps I e,) 20 rs instead of 24?
latest answer
Because floatation cost is specific to debt or equity or pref, adjustment should be made at their level and not WACC level
anju B
CA Inter
★ 21K+
1
175
Appropriation of payments
Corporate & Other Laws
answered on 28-May-25 11:14
Here,there is a payment of 12500rs that is paid to the creditor and there is a debt of 12500 rs.should we consider the amount of 12500 paid to clear the debt of 12500 rs or should we consider that amount is paid to clear the time barred debts? Pls provide the complete answer for this question
latest answer
Since no direction has been given on how to appropriate the payments the payment received can be appropriated against time barred debts.
likhith c
CA Foundation
★ 1K+
1
184
Why Is USD the Base Currency When CHF Appears Stronger?
AFM
answered on 28-May-25 13:26
In the given question, the USD/CHF quote is 1.4650/55, which indicates that USD is the base currency — i.e., 1 USD = CHF 1.4650/1.4655. Is CHF not stronger/costlier than USD, shouldn’t the quote be expressed as 1 CHF = USD 1.4650/1.4655? If so, is CHF shouldn't be the base currency instead?
latest answer
Your understanding is correct. ICAI many times goes by market convention (where base currency is mentioned first) and sometimes by its own logic where base currency is mentioned as decimator. hence it is important to understand and read question carefully and also remember the stronger vs weaker currency levels i have mentioned in classes / revision videos as well as LDR notes
Seema Jain
CA Final
★ 3K+
3
376
SALARIES
Direct Taxation
answered on 30-May-25 22:48
HII SIR.... IN LEAVE ENCASHMENT EXAMPLE (UNDER THE EXEMPTIONS) 4TH EXEMPTION...WHY WE ARE DIVIDING 180/30...HOW THAT 30 CAME INTO PICTURE?
latest answer
Thank you sir
Janani Nithiyamoorthi
CMA Inter
★ 0
2
242
Munncipal tax deduction
Direct Taxation
answered on 28-May-25 08:55
In the soultion, the municipal tax deduction should be for the let out portions only right Sir. factored by 6/8
latest answer
Municipal tax deduction is allowed for let out and deemed let out also but not for self occupied
Kiran Biradar
CA Inter
★ 6K+
1
204
IND AS 10
Financial Reporting
answered on 02-Jun-25 13:03
Sir kindly explain why only disclosure is necessary
latest answer
We have updated this.
R Yashwanth Kumar
CA Final
★ 87K+
4
166
IND AS 10
Financial Reporting
answered on 28-May-25 16:18
Sir in case of a tax dispute conditions would have been existed at the balance sheet date right, how it is an non adjusting event?
latest answer
In this case conditions existing on balance sheet is not clear.
R Yashwanth Kumar
CA Final
★ 87K+
2
203