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Exemption
Exams
answered on 29-Dec-24 12:29
I got 65 in costing in sept 2024 attempt. I'm writing both groups in January, If I get 50+ in audit and fmsm. Excess group 2 marks will benefit for inter group setoff?
latest answer
Thank you sir 🙏
Madhu Reddy
CA Inter
★ 4K+
4
589
Rf Computation
AFM
answered on 28-Dec-24 09:24
Why did we took average as we have been given values for all the years?
latest answer
ICAI used this method First 1 minute I explained why I don’t agree with ICAI solution Rf is usually constant over a period and does not change same way with rm Usually one takes last 15 years average numbers for rm and Rf
Hrishikesh Pradhan
CA Final
★ 18K+
1
719
Beta
AFM
answered on 28-Dec-24 08:59
Sir, then what is the difference when we see beta computation it was r*SDi/SDm and now we are saying it is weighted average.
latest answer
Beta
Hrishikesh Pradhan
CA Final
★ 18K+
1
649
Inherent Risk - Going Concern?
Auditing
answered on 28-Dec-24 22:03
Is the marked point considered as Inherent Risk because there could be a chance that going concern basis of accounting is inappropriate?
latest answer
👍
Vishnu Muraleedharan
CA Final
★ 32K+
3
734
partial integration
Direct Taxation
answered on 28-Dec-24 18:13
A partnership firm Z & Co. has agricultural income ₹20,00,000 and its partner Mr. Z has received ₹5,00,000 being his share in the profits of partnership. Mr. Z has income under the head house property ₹3,75,000. Compute tax liability of the partnership firm and also that of Mr. Z. i know that partial integration in only for individual so no tax for the firm but can someone find the tax liability of Mr.Z
latest answer
Partial integration will technically not apply since income is exempt under Section 10(2A) and not 10(1).
Gokul N. K
CA Inter
★ 0
1
698
partial integration
Direct Taxation
answered on 28-Dec-24 18:13
Mr. X has income under the head House Property ₹101,00,000 and agricultural income ₹6,00,000 will surcharge come ? if yes total tax liability?
latest answer
Yes. Apply partial integration and compute tax.
Gokul N. K
CA Inter
★ 0
1
703
Run Test
AFM
answered on 27-Dec-24 20:35
Sir, What if at one level of significance, the number of runs falls within the limit and for the other level of significance, it doesn't. How will we conclude about the efficiency of the market?
latest answer
Thank you sir
Lekshmi N.Kumar
CA Final
★ 2K+
2
719
Auto Correlation Test
AFM
answered on 27-Dec-24 21:44
Sir, If the correlation is less than 20%,(eg: 1%,5%,19% etc) what is the conclusion we should arrive at ? i.e As the correlation is less than 20%, like 1% or 2%, should we consider it as immaterial and arrive at the conclusion that the market is weakly efficient or should we consider even minor correlation as material and arrive at the conclusion that the market is not even weakly efficient.
latest answer
Thank you so much, Sir.
Lekshmi N.Kumar
CA Final
★ 2K+
4
858
why 5% degree of significance here?
CFA
answered on 27-Dec-24 15:30
have noticed this before also, is 5% standard that go for when nothing is given
latest answer
Yes in day- day course / practical life usually we look at 5% level of significance. In exam, they will be very specific on what they want
Dherain Khilnani
CFA L2
★ 5K+
1
236
SPOM RELATED Set C and Set D
Others
answered on 27-Dec-24 13:22
Hi sir, My Ca Intermediate First Group cleared on May 2023 and Second Group cleared on September 2024 and my 3 year article ship completed in June 2024 so SPOM Set C and Set D are exempt ?
latest answer
No. Applicable
Nirali Lakum
CA Final
★ 0
1
1K+