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illu 22 part 5

AFM

answered on 18-Feb-25 20:36

Sir to find no of days can we use (6l/1.331)(x)=140496 after finding x like method one we can substitute x instead 0.7 and after finding x if we multiply with 365 days. The answers are coming same can we follow it.

latest answer

Thank you sir

Bala Manoj Kumar.S

Bala Manoj Kumar.S

CA Final

★ 460

2

327

Portfolio management

AFM

answered on 18-Feb-25 20:34

Expected return and CAPM both are our expectation towards return, right?

latest answer

CAPM is ideal return based on formula Expected return is what you expect Eg: BAsed on a given run rate we expect India to score 300 runs in an ODI - This is CAPM What i as a fan expect india to score 350 - This is what i Expect

RAKSHA

RAKSHA

CA Final

★ 0

1

260

GST- ASSESSMENT AND AUDIT 3 RD VIDEO 6.28 MINUTES

Indirect Taxation

answered on 19-Feb-25 21:48

PLEASE CONFIRM ANIMATED FIGURES ARE CORRECT OR NOT

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Thanks for pointing out. There is issue in animation. Will get it rectified. Thank you.

Nisam M

Nisam M

CA Final

★ 1K+

1

240

Quorum

Corporate & Other Laws

answered on 04-Mar-25 08:46

Proxy are counted in quorum ?.

latest answer

to ensure enough people are present in the meeting - that is the law

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

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7

321

Residential status

Direct Taxation

answered on 19-Feb-25 21:41

Solve the photo attached all the questions from Q2 to Q6

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Share your wokings. Would reply about the correctness.

Nandani Thacker

Nandani Thacker

CMA Inter

★ 0

1

319

Opening bal

Accountancy

answered on 27-Feb-25 10:57

In this ill trade receivables opening balance only 200 but you put is as 250

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Thank you sir

Kanagaraj Selva

Kanagaraj Selva

CA Inter

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2

298

Illustration 35 - portfolio management

AFM

answered on 18-Feb-25 16:35

Is it ok if we find the return of portfolio each year and then do the workings, instead of finding for each security separately and then applying standard deviation of portfolio formula.

latest answer

Yes You can do that way also. No issue, you will get same answer

Ali S

Ali S

CA Final

★ 8K+

1

253

INDAS 12 Income Taxes

Financial Reporting

answered on 18-Feb-25 16:13

A deferred tax liability shall be recognised for all taxable temperory differences except when DTL arises from:- 1) Initial recogniton of goodwill 2) Initial recogniton of an asset /liability in a transaction which (i) is not a business combination (ii) at the time of transaction which neither affects the accounting profit nor taxable profit I am not clear about the 2(ii) point. In video 8 of this standard, an illustration explains that the transaction does not impact the accounting profit, even though it is also mentioned that the aggregate depreciation in the books is 100,000. It would be helpful if the 2(ii) is explained.

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Assume a company installs a plant and, under legal requirements, must dismantle it after 10 years. It recognizes: A liability for decommissioning - say ₹2,00,000, discounted to present value A corresponding asset (Capitalized cost added to the Plant). At the time of initial recognition: Accounting Impact: No immediate profit or loss impact (since both asset and liability are recorded at the same amount). Tax Impact: The tax laws may not allow the liability as an expense immediately (hence no impact on taxable profit). This is a case of exclusion

Parvathi Jayachandran

Parvathi Jayachandran

CA Final

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366

Budget

Direct Taxation

answered on 19-Feb-25 21:42

Updated return time limit increased form 2 year to 4 years is this update is retrospective

latest answer

Need to await clarification on this. Will update.

Sruthi sruthi

Sruthi sruthi

CA Final

★ 640

2

312

Consolidated Financial Statements

Financial Reporting

answered on 18-Feb-25 11:12

Hi Sir, In the above solution, we have bifurcated share of Net profit in Associates into NCI portion and to the parent. Should we bifurcate Net assets of Associates to NCI and Investment in Associates?

latest answer

The share of net profit automatically captures net assets.

ahmad bunyamin

ahmad bunyamin

CA Final

★ 1K+

1

214