Forums
Forward premium and discount
AFM
answered on 17-Apr-25 17:43
I didn't get how we determined it as forward discount and substrated it
latest answer
Discount
Gauri Shete
CA Final
★ 5K+
1
312
Maintenance cost
Financial Management
answered on 18-Apr-25 06:02
Sir,Why we have to add increase in maintenance cost
latest answer
When you evaluate two machines, incremental costs / benefits are considered. Here old machine will have maintenance costs which will not be there in new machine and hence these cost savings are considered in evaluation
anju B
CA Inter
★ 21K+
1
215
Appeals
Direct Taxation
answered on 07-May-25 16:24
What is the limit of filing appeal with itat by department applicable for May 2025 exams
latest answer
60 days.
Krishna Krishna
CA Final
★ 780
1
325
Portfolio Rebalancing - Constant Ratio Plan
AFM
answered on 17-Apr-25 09:51
In one ques, they asked us to rebalance each time the NAV of the Fund increased or decreased by 15%. Should we check the change for consequent dates or cumulative.
latest answer
Consequent dates. Not cumulative
MATURU HAMSA GAYATRI
CA Final
★ 23K+
1
221
Kre
Financial Management
answered on 17-Apr-25 18:31
Sir you have calculated kre stating "Consuming equity from retain earning" I unable to understand why you calculated kre instead of ke can you please elaborate
latest answer
Thanks i understood
Muthu Rahul
CA Inter
★ 0
2
304
Clause 1 of part 1 of second Sch
Auditing
answered on 17-Apr-25 08:15
If CA in practice discloses information in a seminar about a client without giving actual identity of the client, does it leads to professional misconduct?
latest answer
It can if the information is sensitive or specific enough to indirectly reveal the client’s identity.
Manasa Kondepu
CA Final
★ 3K+
1
212
IND AS 1 vs IND AS 10 - Long term Loan Breached
Financial Reporting
answered on 17-Apr-25 11:22
Sir with regards Long term Loans Breached, is there different statement b/w IND AS 1 and 10 ? For a Case where Loan terms breached before 31st March and becomes payable on demand New terms changed/agreed after 31st march but before FS approval (which aggreed that will not demand for next 12 months after reporting period or refinance for long term) In this case I see that IND AS 10 says its adjusting event - so can treat as Non Current And as per IND AS 1 also says its Non current only right ?
latest answer
Ind AS 1 Where there is a breach of a material provision of a long-term loan arrangement on or before the end of the reporting period with the effect that the liability becomes payable on demand on the reporting date, the entity does not classify the liability as current, if the lender agreed, after the reporting period and before the approval of the financial statements for issue, not to demand payment as a consequence of the breach. Ind AS 10 considers such events as adjusting events and hence the liability is not classified as current but as non-current. Both mention the same aspect.
Hemachandra D
CA Final
★ 9K+
1
262
Suppy
Indirect Taxation
answered on 19-Apr-25 16:06
whether goods supplied on hire purchase basis shall be treated as supply of goods or supply of services? Please provide me a detailed answer.
latest answer
ok
Neha Pradhan
CA Final
★ 9K+
2
254
Section 16: Rectification of name of company
Corporate & Other Laws
answered on 18-Apr-25 17:09
Can an existing co make application to CG within 3 years if the name of the new co is similar to the existing co.
latest answer
Existing Co. name will get priority here. & the new company will have to alter its name. Its best for new company to simply change the name when it realizes its name is similar to another company, instead of applying to CG for it. This section is a remedy for existing company whose brand name are copied by newer companies.
meghana karnakanti
CA Inter
★ 21K+
1
351
Exemption
Indirect Taxation
answered on 19-Apr-25 12:18
For exemption notification number also need to study?
latest answer
Not mandatory.
Mugesh Annadurai
CA Inter
★ 0
2
248