Forums
Time period
AFM
answered on 18-Feb-25 15:33
In part 4, when i was calculating d1 and d2, i was using t as 2/12= 1/6 but in our solution we have used same 3/12=0.25, why have we done like this ?
latest answer
Achaa achaa !! Understood!!
Hrishikesh Pradhan
CA Final
★ 18K+
2
232
Computation Doubt.
AFM
answered on 19-Feb-25 06:53
Sir, in the last where the revised price computation, the delta y*D*P is done, however i didnt get the concept of taking P multiplying with D and delta Y.
latest answer
Duration
Abhinav K A
CA Final
★ 2K+
3
206
SEZ
Indirect Taxation
answered on 20-Feb-25 17:05
Is a sez not liable to pay output tax to the govt on the sales made by them in India(even though they collect igst on the same)(is this because they needn't pay gst on purchases, reflecting of not claiming ITC)
latest answer
Thank you sir
Ramya Telikicherla
CA Final
★ 6K+
2
195
AMT
Direct Taxation
answered on 19-Feb-25 21:42
In case where the assessee has not claimed any deduction under section 10AA or section 35AD or deduction under section 80JJAA, 80QQB & 80RRB in any previous year and the adjusted total income of that year does not exceed ` 20 lakh, it would still be entitled to set-off his brought forward AMT credit in that year Query = if assesse didn’t claim these deduction in ANY previous year then how did AMT credit arise
latest answer
AMT credit arised because earlier years they paid AMT>
Sushmita Chowdhury
CA Inter
★ 2K+
5
309
About the Examination Questions in Ethics subject
CFA
answered on 17-Feb-25 19:45
Sir,a Small Question. What type Of Questions are asked Apart From the ethics Kaplan Scheweser Textbook you Said That Some Questions are asked from the Googled ones.
latest answer
Not from googled I meant googly like cricket 😀 Question appears simple but answer is completely different Pls go through cfa institute MCQs in the ematerial
dhupam jayanth
CFA L1
★ 10
1
215
Clause 10 - Client 's Money
Auditing
answered on 19-Feb-25 20:12
What does it mean by separate bank account
latest answer
Dedicated Account for Client Funds A bank account that is distinct from the chartered accountant’s personal or business accounts. This ensures that client money is not mixed with the CA’s own funds.
SANDRA S JOY
CA Final
★ 26K+
1
246
DTAA(Double Taxation Avoidance Agreement)
Direct Taxation
answered on 19-Feb-25 21:41
We are filing an updated return for an NRI for the AY 2022-23. He is filing a return after due date.Can he claim DTAA benefits??
latest answer
He can avail.
sandhya chitturi
CA Final
★ 3K+
2
217
New scheme
Auditing
answered on 17-Feb-25 20:06
Audit in automated environment and co, act 2013 are included in New scheme sir?
latest answer
Yes . Automated is a part of risk assessment and internal control. And companies act relevant provisions are covered in Audit Report topic
anju B
CA Inter
★ 21K+
1
205
shareholders resolution
Corporate & Other Laws
answered on 17-Feb-25 14:59
if in a meeting shareholders 75% approval is required for special resolution. and there would lakhs of persons who have purchased equity shares through stock e=xchange how is it possible to conduct a meeting between those lakhs of shareholders and take their approval
latest answer
That's why there is a concept of e voting bro rule 3, sec 108 of companies act 2013
Sandeep
CA Inter
★ 50
1
182
Why have we not calculated pre deposit on tax + penalty? Please explain
Indirect Taxation
answered on 19-Feb-25 21:52
Why have we not calculated pre deposit on tax + penalty? Please explain
latest answer
Pre deposit in case where it is not admitted will be percentage on tax only but not interest and penalty.
Manu Jacob
CA Final
★ 6K+
1
222