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Income From gifted property
Direct Taxation
answered on 05-Mar-25 19:08
Sir does income from gifted property generally computated under it's specific head (for example income from hp / capital gains ) or under IFOS ?
latest answer
Welcome.
Nagachaitanya Nomula
CA Final
★ 8K+
5
261
Exemption rules ca inter
Exams
answered on 04-Mar-25 19:40
In this Jan 25 attempt, I have scored 62 in costing and got exemption but because of low aggregate I failed. My doubt is how many marks do I need to get in audit and fmsm to pass? Do I need to get 100 more marks or just 88 or 50 each in both subjects? Pls clarify sir
latest answer
Ok thank u sir
Vibraja Janardhanan
CA Inter
★ 80
6
709
Top Down Test Example
Accountancy
answered on 11-Mar-25 10:35
What is the difference between the Carrying amount of the smaller CGU and of the larger CGU? Is there a reason why the CA of the smaller CGU is given in the problem?
latest answer
First we check if can allocate goodwill to lowest, if yes then we allocate to smallest CGU and check for impairment This can be a trick to confuse you in the exams.
V V
CA Inter
★ 3K+
1
241
Costing
Exams
answered on 04-Mar-25 13:27
Sir I cleared group 1 under the old syllabus..so got exemption in costing..but I failed group 2 , 3 times...In may attempt should I need to write costing??
latest answer
Thank you so much sir
Priyanka R
CA Final
★ 20K+
5
237
Exams
Exams
answered on 04-Mar-25 12:58
Sir I cleared my group 1 under the old syllabus i.e, november 2023... Now I'm writing 2nd group in May 2025..can I join articles before clearing second group sir?? Because I cleared group 1 under the old syllabus right!
latest answer
Ok sir thank you
Priyanka R
CA Final
★ 20K+
2
245
Engagement Letter
Auditing
answered on 04-Mar-25 14:24
In illustration, it is mentioned that Company has issued the Engagement letter to all 3 Auditors. Whereas SA210 says it is the responsibility of auditor to draft and issue EL to client. Whether the EL issued by client to auditor is a valid document?
latest answer
Company issues appointment letter. Engagement letter is always from the auditor
Seema Jain
CA Final
★ 3K+
1
271
In scenario A, do we ignore the 20% performance bonus ?
Financial Reporting
answered on 11-Mar-25 10:29
In scenario A, do we ignore the 20% performance bonus ? If he receives 20% of profit, then should he not be considered principal in scenario A?
latest answer
We have to consider all relevant facts. Not only the profit share.
Manu Jacob
CA Final
★ 6K+
1
161
Exam 2026
Exams
answered on 04-Mar-25 10:44
If I complet my CA inter by Sept 2025, will I able to give my CA Final in May 2026? I completed my articleship.
latest answer
Okay. Thank you
Priya Ravi
CA Inter
★ 55K+
4
294
Time
Exams
answered on 04-Mar-25 09:38
In what time.result will be announce
latest answer
Generally around 12-2 pm
Sonia
CA Foundation
★ 0
1
228
Security Valuation - Equities - Illustration 44
AFM
answered on 04-Mar-25 07:29
Dividend is just received from the company and paid to the lender of shares and why it is included in the cost. Even if it is paid before 31 March, it'll be subsequently received from the company. Kindly clarify sir.
latest answer
Thank you sir
Vigneshwar M
CA Final
★ 2K+
4
172