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doubt regarding percentage chnage in eps
Financial Management
answered on 13-Feb-25 07:40
in this illustration for % change in eps we did change in eps/base and found the answer however in the video regarding illus 15 we found % change in eps using CL formula which method to follow as both give different answers
latest answer
Sorry sir, found the error in my calculations
Rania D'souza
CA Inter
★ 650
2
224
FILING OF RETURN AND GST PAYMENT
Indirect Taxation
answered on 12-Feb-25 15:25
Sir, in which chapter is filing of gst returns and payment of gst , and dates regarding payment and return filing covered.
latest answer
Returns chapter
Sandeep
CA Inter
★ 50
1
221
Smart kids question
Indirect Taxation
answered on 14-Feb-25 21:50
In The smart kids question, they say that they have outsourced the canteen facility. So should it not be taxable under GST?
latest answer
No. It is service to Pre school or education upto higher secondary school or equivalent. Thats why exempt.
Manu Jacob
CA Final
★ 6K+
1
221
Supply- Defination of related person
Indirect Taxation
answered on 14-Feb-25 21:50
What is meaning of being dependent?
latest answer
Financially dependent.
Neha Pradhan
CA Final
★ 9K+
1
237
Paid up Share Capital
Corporate & Other Laws
answered on 15-Feb-25 11:53
In case of advance money paid by the shareholder, such amount will also reflect as part of equity in the Balance Sheet, is the understanding correct.
latest answer
in a balance sheet, an "advance call received from a shareholder" is listed under "Current Liabilities" as "Calls in Advance," meaning it's the amount of money a shareholder has paid to the company before the official call
Namrata Lall
CA Inter
★ 0
1
203
Place of supply (Training and performance appraisal services)
Indirect Taxation
answered on 14-Feb-25 21:51
Good morning sir! For this question, the answer is given as Assam but why not Maharashtra sir? The provision says that where the recipient of service is a registered person, the place of supply is the location of such person. Therefore, as the Maharashtra office is also registered, why shouldn't we take the place of supply as Maharashtra instead of Assam sir?
latest answer
Correct.
Viveka R
CA Inter
★ 3K+
3
254
PV Computation
AFM
answered on 12-Feb-25 06:34
Generally, when we calculate PV we directly do 1/(1+i)^n, but in F & O, we use e, i had same query in futures too, though i understood the formula and logic, however, such difference was not understood?
latest answer
Ok sir, Understood!! Thank you !!
Hrishikesh Pradhan
CA Final
★ 18K+
2
241
Cash
Financial Reporting
answered on 12-Feb-25 03:40
Sir the cash and CE which when acquired why we are reduced 100% of case we have got only 70% control over it, so 70% of cash and CCE held by the subsidiary should be reduced ? (i havent dont consolidation chapter, so i dont have basic clarity of this)
latest answer
When you consolidate (even as per AS 21), you would take 100% of assets right. We are looking from consolidated financial statements point
Hemachandra D
CA Final
★ 9K+
1
216
Deduction
Direct Taxation
answered on 14-Feb-25 21:41
If under the interest for FY (CY+ pre const interest) includes Self occupied : Rs 180000 Let out : Rs 130000. , Does the 200000 deduction under section 24(b) apply for 180,000 + 130,000 or does it not coz neither amount exceeds 200,000
latest answer
2L limit is only for self-occupied property but not for let out property.
Dova Shaji
CA Inter
★ 520
3
234
Operating activity or finance activity
Financial Reporting
answered on 12-Feb-25 11:56
Sir why this interest is operating activity, interest on investment is investment activity right ?, in the question its not given it has operating activity
latest answer
But this is not investment.
Hemachandra D
CA Final
★ 9K+
1
220