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Financial Management
answered on 31-May-25 20:55
For Actual maintenance and operating cost Tax implication?
latest answer
Both are tax allowable expenses
anju B
CA Inter
★ 21K+
1
199
FINANCIAL INSTRUMENT
Financial Reporting
answered on 31-May-25 21:34
Sir how is the Interest recognised in case of reclassification from ACM to FVTPL, whether it is based on original carrying amt
latest answer
For ACM and FVTOCI the interest calculation is done using EIR method as explained in class. For FVTPL, whatever interest is received, it is recognised in PL
R Yashwanth Kumar
CA Final
★ 87K+
3
288
Financial instrument
Financial Reporting
answered on 02-Jun-25 12:44
Sir this first condition in case of simplified approach (impairment of financial assets) - where there is no significant financing component Is it only applicable to trade receivable and contract assets Doubt is whether this condition also applies to Lease Receivables,
latest answer
Not for lease receivables
R Yashwanth Kumar
CA Final
★ 87K+
1
268
Sir auditing book not available in free resuouresess
Auditing
answered on 03-Jun-25 19:28
Sir auditing books not available in free resuouresess
latest answer
Which book are u referring to?
RHeRajhans Gupta
CA Final
★ 0
1
276
Will Tax implication relevant for TCI &TCO
Financial Management
answered on 31-May-25 20:55
Is there tax implication on either terminal cash inflow or terminal cash outflow Actually for npv= pv of cfat(after tax implication) + pv of tci - pv of intial Cash outflow - pv of tco Here, only cfat part tax implication is considered Then how we considered tci &tco before tax implication
latest answer
Because it is a expense you need to incur If machine has salvage we value we consider CG tax impact on net number
anju B
CA Inter
★ 21K+
1
237
TCI
Financial Management
answered on 31-May-25 20:53
@32.06 cost of disposal which is terminal cash inflow is it should be write on after tax implication right? i.e, cfat + tci on that pv
latest answer
All the other items are also before tax and so is this item Tax is accounted for separately in subsequent steps
anju B
CA Inter
★ 21K+
1
231
Interest Calculation
AFM
answered on 31-May-25 20:49
Sir, while calculating the interest for the LC, why are we not considering the total amount of exports?
latest answer
Because half the money will be kept in EEFC when money is received from customer and only balance amount is converted into INR
Narmada Chennuru
CA Final
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1
274
Capital budgeting
Financial Management
answered on 31-May-25 20:50
While calculating cash flow jab non cash depression ko add back krna hota h PAT m se toh less hi kyu krte hain ?
latest answer
Because we compute tax on PBT that is arrived at after deducting depreciation Depreciation expense gives us tax benefit even though it is a noncash item it is added back to PAT because it is a noncash item and we are trying to arrive at CFAT
srishti agrawal
CA Inter
★ 130
1
210
Capital gain
Direct Taxation
answered on 03-Jun-25 16:00
Any other long term capital gain %
latest answer
Only what we have discussed in the video. Thats it.
Dharshana Rajkumar
CA Inter
★ 2K+
1
298
Financial Instrument
Financial Reporting
answered on 02-Jun-25 12:48
Sir you told that legal and other charges related to existing instruction need to be charged to p&l, In this illustration whether how we can recognise is this legal cost is for new or existing instrument In this solution as 1lakh legal cost is considered for Calculating PV of cash flows of new instrument, is this means legal is for new instrument,
latest answer
For checking 10%, we consider.
R Yashwanth Kumar
CA Final
★ 87K+
2
223