powered by logo

Forums

Holding company and Subsidiary

Corporate & Other Laws

answered on 15-Mar-25 13:54

Please see the photo And answer the Briefy with explanation with bare act refrence

latest answer

A is subsidiary of B & C B is subsidiary of C Refer section 2(87). subsidiary company” or “subsidiary”, in relation to any other company (that is to say the holding company), means a company in which the holding company— (i) controls the composition of the Board of Directors; or (ii) exercises or controls more than one-half of the total voting power either at its own or together with one or more of its subsidiary companies (ii) is relevant explanation here.

Chan Dra

Chan Dra

CA Final

★ 0

1

389

Total assets

Financial Management

answered on 17-Mar-25 09:51

Total assets = equity+deb+current liabilities Current liabilities?

latest answer

Total assets = Equity + Total liabilities This can be broken down as Equity + Long term liabilities (generally debt) + current liabilities.

anju B

anju B

CA Inter

★ 21K+

1

262

Market Variance

AFM

answered on 18-Mar-25 14:43

Sir @30mins10secs you took Market Variance Of 18.52 Which you said as Actual Variance in the beginning of the video and also said Expected Market Variance as 36. Can you say why we are not considering the Expected Market Variance?

latest answer

In the previous question they have just given market variance, whereas in this question we have both market variance for a specific period (18.52), and LT Historical Mkt variance which is what is expected over a period of time (36%) Given that we are computing weights based on specific period performance we take market variance for that period only for computing weights in all our initial computations However when we project LT variance and LT returns i.e in a stead state for this portfolio, we consider market return and market variance of 8% & 36% ( last step) please dont spend time on this concept as this will not come in exam at all. Even if it comes, pls don't solve as it will take away too much of your time

Mohanbabu N

Mohanbabu N

CA Final

★ 3K+

1

286

Illustration 3

Financial Reporting

answered on 14-Mar-25 18:29

Please provide the written answer

latest answer

Solutions have been compiled in soft copy and is available in Ind AS course - Notes. Let me know if you are not able to find it.

shilpa menon

shilpa menon

CA Final

★ 2K+

1

295

Earnings growth from 3rd onwards is 10%

AFM

answered on 14-Mar-25 16:56

Hi Sir, If we compute P2 instead of P3 & discount to present value, is it incorrect way computation

latest answer

Mine is a serious response and I am not trying to offend u. Pls compute and check

priyadharshini priya

priyadharshini priya

CA Final

★ 2K+

2

339

IND AS 23

Financial Reporting

answered on 14-Mar-25 18:23

Sir can processing charges added to cost of borrowings,

latest answer

Yes. It will be used to incrrease the effective interest rate.

R Yashwanth Kumar

R Yashwanth Kumar

CA Final

★ 87K+

1

244

supplier of service availed composition under 10(2A) PLANNING TO SUPPLY GOODS

Indirect Taxation

answered on 15-Mar-25 11:45

PLEASE ANSWER FOLLOWING QUESTION

latest answer

Yes they can.

Nisam M

Nisam M

CA Final

★ 1K+

8

375

Baggage rules

Indirect Taxation

answered on 15-Mar-25 11:04

In case of indian resident or foreigner residing in india or tourist of indian origin can claim exemption for used personal effects like clothes-But what if I just remove the tag of new clothes and say the are used and claim this exemption , is this possible?

latest answer

Yes possible practically. In exam, don't write this way.

Neha Pradhan

Neha Pradhan

CA Final

★ 9K+

1

348

SA 505

Auditing

answered on 14-Mar-25 21:13

please tell me the meaning of positive confirmation request and negative confirmation request?

latest answer

I have explained in the previous query both. Please go through the SA 505 video also, to get clarity with examples.

Venkat L

Venkat L

CA Inter

★ 2K+

1

293

SA 505

Auditing

answered on 14-Mar-25 21:11

Madam please tell me the meaning of positive confirmation request?

latest answer

There are two types of confirmation requests we can send to the 3rd party. Positive and Negative confirmation In positive confirmation- the third party has to reply whether they agrees or disagree. Negative - only when they disagree they will be replying. But this is risky, so it’s suitable only those areas where ROMM is less, or least exception rate is expected .

Venkat L

Venkat L

CA Inter

★ 2K+

2

434