Forums

Interest on Interest

Financial Reporting

answered on 13-Feb-26 13:02

Why is it that we are capitalising the interest on the interest paid for year 3? Is any assumption made?

latest answer

Ok, thank you

Vishnu Muraleedharan

Vishnu Muraleedharan

CA Final

32K+

4

18

Loan after expense

Financial Reporting

answered on 13-Feb-26 13:00

In this case, if the general loan was taken and used for some working capital purpose, can we still capitalise the Borrowing Cost ? One could still argue that maybe the expenditure wiped out the entire cash balance, so the loan had to be taken to sustain normal operations. Is this correct?

latest answer

Thank you!

Vishnu Muraleedharan

Vishnu Muraleedharan

CA Final

32K+

2

9

Advance to Suppliers

Financial Reporting

answered on 12-Feb-26 08:09

So advance extended to supplier can be a Qualifying Asset? Assuming the underlying asset is also Qualifying* [Video Time Stamp: 03:00]

latest answer

Thank you

Vishnu Muraleedharan

Vishnu Muraleedharan

CA Final

32K+

2

7

RCM

Indirect Taxation

asked on 11-Feb-26 12:02

If GTA & Security agency is unregistered means who will liable to pay gst [Video Time Stamp: 05:48]

latest answer

No answers yet!!

Shivashankar Jawai

Shivashankar Jawai

CA Inter

2K+

0

16

Co-efficient of Variation

AFM

answered on 11-Feb-26 11:41

In earlier video, we arrive at C.V. as S.D/ Expected Cashflows, however in Illustration 12 we use Expected NPV in place of Cashflows, is it because of the availability of data in tha sum? Whether to consider expected cashflow or NPV when both data is available?

latest answer

Yes depends on data available

SANJITHA

CA Final

0

1

8

RCM

Indirect Taxation

asked on 11-Feb-26 10:50

If CG,SG or UT has 50 % or less than 50% stake in one company , that company provides renting of immovable property and receipt is unregistered than RCM will come or not ?

latest answer

No answers yet!!

Shivashankar Jawai

Shivashankar Jawai

CA Inter

2K+

0

9

Depreciation Under Change in Useful Life

Financial Reporting

answered on 13-Feb-26 11:21

Sir, In This Question, For Example take one Component building, Initial Useful life of Asset is 15 years and Depreciation is 1,50,00,000/15, For 3 three years Accumulated Depreciation is 30,00,000, So in Fourth year Carrying cost is 1,20,00,000 and Revised Useful Life is 10Years, Depreciation for fourth year is 17,14,285 (i.e 1,20,00,000/7years), So my Doubt is After Revaluation Whether to Calculate depreciation should Use ful life is 15 years or 10 years or 7 years(Remaining useful life) ? [Video Time Stamp: 00:06]

latest answer

On remaining useful life.

Yeduabati Mohan Rao

Yeduabati Mohan Rao

CA Final

2K+

1

15

Voice not clear at 9:42, and Depreciation

Accountancy

asked on 10-Feb-26 23:49

Sir, G Ev, I couldn't hear what you said at 9:42, I only heard "Current " (Was it followed by Assets?) And In voluntary disclosures 2nd point about Disclosures, If an asset has exhausted its useful life, The C A will be 0. What would be Gross Carrying value of that depreciated asset??

latest answer

No answers yet!!

Jagadeesh Jaidev

Jagadeesh Jaidev

CA Inter

355

0

13

IND AS 109

Financial Reporting

answered 2 hrs ago

For this settlement, why should the contract still be a fonancials liability?isn't it equity ?because of the exceptions?

latest answer

The instruments covered in exceptions are equity. however if those instruments are to be delivered as part of contract, the contract would be classified as a financial liability.

SANSKRITI BADRI 2111339

SANSKRITI BADRI 2111339

CA Final

3K+

1

17

transistion approach

Financial Reporting

answered on 09-Feb-26 22:05

sir, is this approach still important for exams it ind as 116 applicability starts from 1st april 2019 [Video Time Stamp: 12:54]

latest answer

No

santosh durgapu

santosh durgapu

CA Final

2K+

1

14