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Debentures after amalgamation
Accountancy
answered on 09-Dec-24 17:31
Hi sir / madam ; Shall we have to write a note on debentures issued for other than cash ( to selling company) as we wrote a note for equity and preference shares issued for other than cash
latest answer
Not required.
Nagachaitanya Nomula
CA Final
★ 8K+
1
208
Illustration 18
Financial Reporting
answered on 02-Dec-24 17:45
Sir, In lecture it has been explained that on issue, put options are recognised at FV (2crs in the example) If buyer wants to exercise the option within one year, we need to bring FL value to 22crs right? what would be the JE for that? Balance 20crs recognised as interest expense?
latest answer
22 crores is the amount that the company will pay to buy the shares. On settlement what happens is, the other party will deliver 1,00,000 shares and the entity will pay 22 million.
Gunda Sharan
CA Final
★ 150
1
175
Caf
Exams
answered on 28-Nov-24 21:47
Is there any chance icai change ca foundation exams Jan 2025
latest answer
Yes. Pls check news section
Kusuma
CA Foundation
★ 0
1
558
Basic concepts
Direct Taxation
answered on 01-Dec-24 18:47
Basic concepts of income tax chapter 1
latest answer
Kindly share your working.
Naina 74
CA Inter
★ 0
2
538
Ownership of working paper
Auditing
answered on 30-Nov-24 12:24
1)What if law and requlation asked to share to extracts of audit working paper and client rejects it? 2)is it mandatory that consent from client requires whenever 3rd party asks for workibg papers
latest answer
Yes
07- Issac Jolly-XII C
CA Inter
★ 16K+
5
743
Concentrated marketing
Strategic Management
answered on 04-Dec-24 15:32
Sir, please explain Concentrated marketing
latest answer
a marketing strategy where a company focuses all its efforts on targeting a single, well-defined market segment instead of spreading resources across multiple segments. Focus on one market segment. Tailored products or services to meet specific needs. High degree of specialization. Typically used when resources are limited or when a niche market has high profitability potential.
Satheesh Kumar
CA Final
★ 2K+
1
571
Mistakes
Costing
answered on 29-Nov-24 10:42
Sorry to say, this book got several small mistakes here there... Iike in every two questions.. There would be some mistakeds
latest answer
Hi Issac, Regret the issues being faced by you Our team tried reaching you over phone. Please do call us back so that we can understand the issue in greater depth
07- Issac Jolly-XII C
CA Inter
★ 16K+
1
216
Study Material
Others
answered on 28-Nov-24 16:19
Indigo Learn E-Study-material is available in ePUB format?
latest answer
036 137
CA Inter
★ 4K+
1
531
PGBP
Direct Taxation
answered on 01-Dec-24 18:48
Maharani LTD is a newly incorporated company . The company is engaged with the manufacturing of Smart cameras. At the end of the year the company has incurred preliminary expenditure ₹60000. Equity paid up share capital of The Company ₹500000 Company Has Following assets on 31.3.2024 Building= ₹ 45,00,00 Furniture=₹ 8,00,00 Computer = ₹32,00,00 Inventory = ₹ 49,00,00 Cash in hand = ₹ 12,00,00 Plant and Machinery = ₹15,00,00 Company Balance sheet shown on 31.3.2024.8 % Debenture ₹ 3,80,000. Long term loan ₹ 1,00,000 Creditors ₹ 63,00,00 You are Required to calculate Eligible Deduction u/s 35D As per income Tax Act 1961. A. ₹ 50,000 B. ₹ 12,000 C. ₹ 10,000 D. ₹ 60,000
latest answer
Kindly share your working. Will revert.
Rana Darshan
CA Final
★ 810
1
493
Shouldn't the equity component be expensed over the period of 3 years ?
Financial Reporting
answered on 02-Dec-24 17:39
In the illustration, employees are required to stay for 3 years. So shouldn't the equity liability component of Rs. 40k be expensed of over 3 years? Please explain.
latest answer
Shares are required to be kept for 3 years. Employees can quit and still keep the shares.
Manu Jacob
CA Final
★ 6K+
1
187