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Exemption

Exams

answered on 09-Jan-25 19:53

For getting exemption should i have to appear for all the papers and then get exemption or appear only for the paper i wish to get exemption ? From Jan 2025 is the exemption permanent ?

latest answer

Of a group

Harish Chandar T

Harish Chandar T

CA Inter

5

4

286

Fsa

CFA

answered on 08-Jan-25 13:18

If there is dividend payable account and dividend declared in given, you calculate the dividend paid from the dividend payable account, you have to put dividend paid under Financing activities, do you need to put dividend declared under non cash and non operating activities under operating activities. And what is the difference between dividend declared and proposed dividend

latest answer

No need to put dividend declared in non cash and non operating item in CFFO as it is not deducted while arriving at net income. It is deducted from equity. Proposed dividend is the dividend proposed by board of directors. It becomes declared once approved by shareholders.

Kaarthick Abishek

CFA L1

0

1

250

Residual Value

Financial Reporting

answered on 08-Jan-25 07:23

Residual value is an Current Estimate which can be recovered, Doubt is cost incurred to sell such asset should it be reduced from such estimates to cosndier the Residual value, say Commission cost will be incurred to sell such asset, should the commission charges to be reduced to arrive at residual value

latest answer

Yes. Net residual value.

Hemachandra D

Hemachandra D

CA Final

9K+

1

208

Revalutaion Accounting

Financial Reporting

answered on 08-Jan-25 17:34

Sir, out of 2 methods to do Revalution Accounting, can we follow any method or second method to be followed ?

latest answer

Any one

Hemachandra D

Hemachandra D

CA Final

9K+

1

197

SPOM Applicability

Others

answered on 08-Jan-25 07:53

Sir I have completed my Ca inter in Nov 2023 but still continuing articles. Shall I have to write set C and D sir?

latest answer

Okay sir thank you

Likhitha Sivani

Likhitha Sivani

CA Final

14K+

2

229

Buy Back of Shares

Accountancy

answered on 08-Jan-25 07:34

Do we have to consider Current liabilities also for calculating debt:equity while checking But Back conditions? In some solutions they have considered and in some they haven't. So please do confirm.

latest answer

Yeah. Thank you Sir 😊

Shridhara H U

Shridhara H U

CA Inter

550

4

255

Error on Commercial Substance

Financial Reporting

answered on 09-Jan-25 14:34

Topic: Ind AS 16 PPE 10. Exchange of Assets Time: 19.10 Land sold at Location - Ahmedabad and acquired building at New Delhi has commercial substance. Whereas it is showing as No Commercial Substance. What is correct?

latest answer

The correction is done and video is uploaded.

Kranthi

Kranthi

CA Final

2K+

2

222

Interpolation

AFM

answered on 07-Jan-25 22:15

When do we take yield to maturity rates differently (2 rates as trial), when one YTM rate is given in question already.

latest answer

Not sure what u r asking. Have not understood your query If one rate is given as say , then take another rate based on what is the NPV at x. If Nov is positive u take a higher rate and if NPV is negative u take a lower rate than x

Veena Avusula

Veena Avusula

CA Final

1K+

1

207

Zero coupon bond

AFM

answered on 07-Jan-25 22:18

In this 10th illustration, why didn't we consider principal amount at the end of 10 year for calculating price of zero coupon bond

latest answer

Zero coupon bond is a bond in which the bond FV is returned at period end say 100 At time of issue the bond is issued at a discount say at 65 Over the bond period total interest is accrued and gets added to 65 of issue price every year

Veena Avusula

Veena Avusula

CA Final

1K+

1

200

Utilisation of Input tax credit

Indirect Taxation

answered on 08-Jan-25 16:37

What's the answer for this the answer I thought was pay 30k from cash ledger but the ma

latest answer

Tax payable under RCM can be paid only using electronic cash ledger.

meghana karnakanti

meghana karnakanti

CA Inter

21K+

2

308