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Kd

Financial Management

answered on 29-Apr-25 12:18

@12.20 Kd=15- 30% Which it is pre For computation of WACC ... Okay But, for computation of Ke for ii) point Kd =15 % why ?

latest answer

Even in point 11 we multiplied by (1-t) pls share time stamp where it is not

anju B

anju B

CA Inter

21K+

1

207

Disclosure

Financial Reporting

answered on 29-Apr-25 10:39

Practically, should we consider the figure inclusive or exclusive of TDS as figure in presentation. Both AS and Ind AS. Please explain with reasons.

latest answer

Total expense booked.

Azmi RZmi

Azmi RZmi

CA Final

10K+

1

171

Investment by subsidiary in sub-subsidiary

Financial Reporting

answered on 02-May-25 08:47

@ 19:31 Sir, can it be seen as the parent investing in the sub-subsidiary (₹ 224 = ₹ 280/75% X 60%), because we already computed the effective stake of parent in each of its subsidiaries (i.e., 60% for SS Ltd.)?

latest answer

OK. Thanks, sir.

Denz Philip

Denz Philip

CA Final

10K+

2

212

Interest for late payment

Indirect Taxation

answered on 29-Apr-25 20:41

Sir ,Principal supply is Goods in case interest for delay payment , Discount given recovered , Cancellation charges(collected by E-Com operator given in question , it will be considered as composite supply or the rate to be taken separately as if it is a service ?

latest answer

Thank you Sir

Prethivi Rajan

Prethivi Rajan

CA Final

9K+

2

189

IND AS116-Leases illustration 37

Financial Reporting

answered on 01-May-25 17:14

Greetings sir! In case of decrease in lease term, we will compare lease liability, considering decrease in lease term (8yrs), at the end of 5th year right sir..,like what should be the balance end of 5th year and what is the balance now.., likewise we need to account for ROU know sir by applying the logic, we should compare 3,80,000(which is balance at end of 5th year considering 10year lease term) and Rs.2,32,875(which is balance at 5th year end considering 8yrs lease term..i.e., {(1,00,000*6.21)/8*3}..,6.21 is PVAF of 6% for 8yrs..,can you please give me clarification why we are not using that logic sir?

latest answer

refer attached

Priya Bhimani

Priya Bhimani

CA Final

8K+

1

170

Deduction of Floatation cost

Financial Management

answered on 28-Apr-25 16:52

sir, in this sum we have deducted floatation cost 4 percent from the issue price/market price of debentures, is floatation cost always calculated on issue price ? because in illustration 22 we calculated floatation cost for debentures on face value whereas issue price/net proceeds was found as 93.75

latest answer

Ill 22 is from ICAI SM Q 5 - here they have considered floatation cost as % of FV - page 55 https://resource.cdn.icai.org/81826bos65985-cp4.pdf Ill 28 is from Nov 2020 RTP - here they have considered it as % of Issue proceeds - https://1fin.link/resource/6b43755e5da04f1db4c0b4f6beea813a Hence we followed the ICAI logic for respective questions In real world one considers issue price only. Please state your assumption clearly in the exam and solve the question if the question is not clear

Venkatesh

Venkatesh

CA Final

0

1

211

Registration related

Others

answered on 09-May-25 11:14

I need to apply for ca inter jan2026 but I have only two semester original marksheets .Last date for registration is 1st may2025 Now what can be done ? Pls help

latest answer

Do you have soft copy of other marksheet? Else you need to get a fresh copy of marksheet.

gopika sivaperumal

gopika sivaperumal

CA Inter

6K+

1

166

Depreciation

Auditing

answered on 01-May-25 10:59

Is depreciation on fixed asset allowable for hospitals and schools if they are registered as trust or society ?

latest answer

Yes, depreciation on fixed assets is allowable for hospitals and schools registered as a trust or society, subject to certain conditions under the Income Tax Act, 1961

Mebin Baby

Mebin Baby

CA Inter

0

1

170

FINANCIAL INSTRUMENTS , IND AS 115 and CONSOLIDATION

Financial Reporting

answered on 28-Apr-25 13:05

Is doing all the questions in 1FIN's book enough for exam?

latest answer

Yes. Plus refer to the revision of these chapters

Ali S

Ali S

CA Final

8K+

2

193

doubt

Accountancy

answered on 14-May-25 12:16

what is meant by Interpretation. In simple terms

latest answer

to understand. interpretation of law - understanding the law

Manoj R

Manoj R

CA Foundation

3K+

1

227