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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
Immunization Example
AFM
answered on 12-Feb-25 09:06
Sir, ididnt get how to the price at which coupon will disposed at end of 5th year for the 7 year coupon bond price disposed at the 5th year amounts to 98.26... the computation i didnt undersrand
latest answer
It is PV of cash from for Year 6 & 7 Coupon for each of the year based on the original coupon rate and principal of 100 Returned at the End of Year 7 Simply a PV of those at the current yield levels
Abhinav K A
CA Final
★ 2K+
1
231
Is services not eligible for compensation scheme?
Indirect Taxation
answered on 14-Feb-25 21:47
Is services not eligible for compensation scheme? Please clarify
latest answer
Eligible under Section 10(2A).
Manu Jacob
CA Final
★ 6K+
1
218
doubt regarding idp
Financial Management
answered on 12-Feb-25 14:28
how did we directly conclude that there is no idp between plan 2 and 3?,, It is said because fin cost of 2 is less than 3 but similarily if we take plan 1 n3,,there is no int or dividend as cost could u please explain this
latest answer
Plan II dominates Plan III i.e., @ any level of EBIT, EPS of plan II will be higher than plan III because Plan ii has int cost and Plan 3 you need to pay Pref dividend. Pref div is after tax and there is no way that there is a common amt of EBIT at which both plans have common EPS If you are unable to understand in this example, take a simple example of Rs.10, and 100 for each of the items and work it out Faculty explained this initially at the time of concept explanation too Coming to 1 & 3 there is a possibility because Both do not have fixed cost
Rania D'souza
CA Inter
★ 650
1
182
Incorporation of branch accounts
Accountancy
answered on 18-Feb-25 14:37
Hii sir... I have a doubt regarding ...why the expenses are credited in the books of branch sir? Could you please explain it?
latest answer
When you close nominal account during preparation of P&L We pass entry P&L Dr. To Expense Same logic is applied when we transfer expenses to HO Books Dr. HO books Cr. Expenses Expenses have debit balance. We are just closing the ledger.
Janani Nithiyamoorthi
CMA Inter
★ 0
1
204
Expense incurred on purchase
Financial Reporting
answered on 12-Feb-25 15:26
Sir, at the time of purchase, can we debit the transportation cost actually incurred (₹1,000) as a separate expense, so that, only the balance (3,000 = 1,01,000 - ₹1,000 - 97,000) will become loss on initial recognition which is nothing but cost to sell (3,000 = 1,000 + 2,000)?
latest answer
Got it! Thank you, sir.
Denz Philip
CA Final
★ 10K+
2
219
doubt about cost of debt and equity
Financial Management
answered on 12-Feb-25 14:30
usually Kd and Kps is given after adjusting with tax,,so shd we not find the pre tax rate and then solve?
latest answer
No usually there are provided as pre tax only and not post tax
Rania D'souza
CA Inter
★ 650
1
164
SPOM
Exams
answered on 12-Feb-25 19:10
I've cleared ca inter group 1 in November 22, and unit 2D in September 24, Should I write all the sets of SPOM?
latest answer
Thank you sir
Evangeline Rebecca D
CA Final
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4
292
Deduction
Direct Taxation
answered on 14-Feb-25 21:42
Entire royalty income is first considered as a income in ur second example ah ie., 4lac is first considered as a income and then 288000 is deduction amt is it correct sir
latest answer
Yes right.
dhivya annam
CA Inter
★ 1K+
1
219
Including LTCG in computation of tax
Direct Taxation
answered on 11-Feb-25 17:29
Sir If a person chose to pay 12.5% tax for his LTCG. Should he include the LTCG in calculation of tax (slab rate) also?
latest answer
Done.
Balamurugan V
CA Final
★ 52K+
5
236