Forums
EBIT METHOD
AFM
answered on 21-Mar-26 22:25
sir why we not consider tax benefit of interest expense [Video Time Stamp: 09:50]
latest answer
in FCFF we don not take interest. Cash flow is for all financers so interest is not deducted
Mhd Mmp
CA Final
★ 585
1
59
AGM
Corporate & Other Laws
answered on 16-Apr-26 11:54
Hi mam, doubt regarding First AGM as per your video lectures you mentioned that the AGM should be held within 9 months from its date of incorporation... The same thing is provided in the notes( pg.no159), but in the study material it is given that First AGM should be held at the end of its first financial year... and it is strictly tied to the end of the first financial year not the date of incorporation... So please clarify this one mam. Thanks.
latest answer
For casual vacancy caused by resignation — the Board fills within 30 days, and the appointment must be ratified at a General Meeting within 3 months — this rule applies equally to both Government and Non-Government companies.
Uma j
CA Inter
★ 1K+
5
76
Provision for warranty 2 years
Financial Reporting
answered on 24-Mar-26 10:07
Sir, Should we need to consider previous year sales ? or Is it already included in the provision of Rs 30000? [Video Time Stamp: 07:15]
latest answer
The question does not provide us any information of ealier sales. We are computing provision based on sales information give in the question.
DIVYA S
CA Final
★ 55K+
1
48
SLB - Difference from market rates
Financial Reporting
answered on 22-Mar-26 17:27
If the difference is arising from the amount of Lease payments (ie it is not in line with market rates), is the difference to be adjusted the gross value, or the PV of such excess/deficient lease payments? [Video Time Stamp: 10:16]
latest answer
Resolved, please ignore
Vishnu Muraleedharan
CA Final
★ 32K+
1
52
Certified copy query
Financial Reporting
answered on 23-Mar-26 15:33
Sir, for grant 2 I have not written numerically but theory part is correct but marks have not been awarded. For grant 3,4 only 1.5marks is awarded , I assume it carries 2marks. I scored 58 in FR. Is there possibility of increase in 2 marks to get exemption?
latest answer
Needed some more explanation in each of the bit. Hence very unlikely that 2 more marks will be awarded. Also fair value optino for non-monetary asset is not explained.
Vigneshwaran M
CA Final
★ 0
1
65
Practical example
Accountancy
answered on 09-Apr-26 16:39
In this context, What Tata Motors did was Spin off. Am I right? [Video Time Stamp: 05:04]
latest answer
yes
Rithu V
CA Inter
★ 3K+
1
53
Notes
AFM
answered on 20-Mar-26 22:29
these detailed notes not shared with us for theory. [Video Time Stamp: 30:19]
latest answer
Unable to understand your exact point Pls tell me exact topic name of a specific which is there in ICAI material but not in notes
Vinod Kumawat
CA Final
★ 1K+
3
73
Inception Date for Reassessment on Modification
Financial Reporting
answered on 04-Apr-26 11:02
"if the lease would have been classified as an operating lease had the modification been in effect at the inception date" Based on this, shouldn't we consider the modification on the inception of the original lease? So the lease term would be 3 years in this case yes? [Video Time Stamp: 16:08]
latest answer
Oh ok, understood. Thank you!
Vishnu Muraleedharan
CA Final
★ 32K+
2
38
Ind 116 - Dealer Lessor - Self Practice Q
Financial Reporting
answered on 04-Apr-26 11:05
In the self practice q (after Q47) Revenue has been considered as Lease receivable less the PV of UGRV. I get the underlying logic behind it, as no market rate has been given However would this presentation be good enough in exams? Or do I have to go the long way and calculate the PV of lease payments again? (which is causing some rounding differences)
latest answer
Ok sir, thank you
Vishnu Muraleedharan
CA Final
★ 32K+
2
50
Clause 11, Regulation 190A
Auditing
answered on 22-Mar-26 14:18
No specific permission from the council would be necessary in the following case (i.e Permission granted generally) "Valuation of papers, acting as paper-setter, head-examiner or a moderator, for any examination" Here, Any examinations meaning which are conducted by ICAI only OR any other University or Institute? [Video Time Stamp: 13:26]
latest answer
By literal interpretation , it will include all others as well. Universities ,other professional institutes (e.g., management, law, commerce bodies), Educational boards and institutions
G Chandrakanta
CA Final
★ 15K+
1
51