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SM material
Strategic Management
answered on 12-Apr-25 09:25
Is preparing from only the 1FIN material for this subject enough for the exams or should i refer also the ICAI material?
latest answer
Enough
Venkatesh
CA Final
★ 0
1
180
Kre
Financial Management
answered on 12-Apr-25 09:15
Sir can we take K re= 18.5% in book vale instead of 17.54%
latest answer
Kre has no flotation cost; why will you subtract flotational costs
Satish Kumar
CA Inter
★ 210
1
190
Clarification regarding Section 15(2)(c) - Incidental Expenses
Indirect Taxation
answered on 14-Apr-25 17:34
Good morning Sir, Regarding Section 15(2)(c) on incidental expenses, I seek your clarification. It is mentioned that if outward freight and transit insurance are on an ex-factory basis and the buyer pays for the outward freight, then these amounts are not included in the value of supply. However, since the freight and insurance still relate to the goods being supplied, and the recipient would record them in his books as expenses associated with that specific product, why should these not be considered part of the value of supply? Have I misunderstood the concept? Kindly correct me if I am wrong. Thank you.
latest answer
If contract between buyer and seller is exfactory then the risk and reward would be transferred at seller place itself and transaction is complete. Freight cost incurred subsequently is the cost of buyer. Thats why it is not included.
Shanthini Sri
CA Inter
★ 2K+
1
437
Exam preparation
Indirect Taxation
answered on 14-Apr-25 17:33
Hi Sir, Hope you are doing good. I had written 2 mock test conducted by ICAI. I had completed revision of syllabus prior to exams. But, I am unable to complete major portion in 1.5 days because of which even if questions are relatively easier , I could not answer as I did not go through those topics. whatever I could complete in 1.5 days ( 60-70% of syllabus), I was able to answer. In IDT and DT, I have great difficulty in remembering numeric part( Time Limits and rate).Could you please help me with this ?
latest answer
We have revised the entire topics at the end of every chapter. Kindly watch that part again. Also prepare your own short notes which would be easy to revise.
ahmad bunyamin
CA Final
★ 1K+
3
216
Discount
Accountancy
answered on 16-Apr-25 14:03
Sold 1000rs goods in 2024 got discount rs100 but discount was received by the customer in 2025 Like outstanding expense this wont be treated the same way ?
latest answer
Pls share the actual question.
Sushmita Chowdhury
CA Inter
★ 2K+
2
190
Cash flow statement doubt
Accountancy
answered on 11-Apr-25 19:53
Why is net profit assumed as profit after tax? Can we assume it the other way or is this only possible. Assumption
latest answer
Net profit as a standard convention refers to after tax unless its mentioned before tax.
Aswathy Omanakuttan
CA Inter
★ 0
2
210
Ms
Costing
answered on 12-Apr-25 12:40
How do we apportion power when given machine h s power and machine hours
latest answer
Apportion the power on the basis of horse power because power is directly related to horse power of the machine
Lydia Nanyange
CA Inter
★ 0
1
176
Rounding off
Exams
answered on 11-Apr-25 13:23
Usually, whenever I compare my answers with an ICAI solution, the difference is due to rounding off maybe say PVF. For eg, I took 3 decimals and ICAI answer has 4 decimals. If I write a note that answer maybe different due to rounding off, will it be considered by evaluator? Or will they deduct marks?
latest answer
Always consider 4 decimals unless they specify something in question If they give 5 decimals consider 5 decimals Only some weird evaluators deduct marks of u are extra accurate 😀
Raviteja Kusumanchi
Qualified CA
★ 42K+
1
257
Clarification Regarding Illustration 5
Indirect Taxation
answered on 14-Apr-25 17:56
Good noon, Sir, In Illustration 5, the question details you explained in the video mention that the price of the goods is excluding GST. However, in the book provided by IndigoLearn, it is mentioned as including GST. I wanted to confirm if this is a typing mistake. Also, could you please explain how we should calculate if the price is given as including GST? Thank you!
latest answer
Typo error. Thanks for highlighting.
Shanthini Sri
CA Inter
★ 2K+
2
237
futures
AFM
answered on 11-Apr-25 07:13
Before mauturity the futures are being offset by purchase or sell the opposite, by doing that we need to pay additonal margin for second contract one also?
latest answer
If u are squaring if any existing position Ie buy with sell for same maturity if same underlying the contract is cancelled In such cases no further margin is required to be deposited
Sairam Pv
CA Final
★ 610
1
190