Forums
Gain/Loss
AFM
answered on 25-Nov-24 12:45
Why the gain or loss is annualised here? The movement in futures in given for 3 months in the question.
latest answer
We have annualised in order to show that the once a futures contract is entered into actual market movement do not have any impact and teh interest rate implied by futures is the one at which the buyer or seller will recognize their cashflows
Raviteja Kusumanchi
Qualified CA
★ 42K+
1
479
Cost of collar
AFM
answered on 25-Nov-24 12:43
In the last line of the question, it was mentioned as explain the cost of the collar. How should this be solved since question has no mention of premium.
latest answer
In exam if premia is not given you should state that without premia cost of collar cannot be found out . However based on cashflows because of the collar, the net interest cost is USD x Mio and it is beneficial to the buyer
Raviteja Kusumanchi
Qualified CA
★ 42K+
1
512
Ch11 financial statements unit1
Accountancy
answered on 27-Nov-24 01:57
In ch11 FS UNIT1 ILLN 4 Debenture interest has been shown as Current liability and in ILL 6 it is not shown as Current liability, should it be shown or not
latest answer
Tq
yaazhini kathiravan
CA Inter
★ 115
2
677
hp
Direct Taxation
answered on 26-Nov-24 14:41
115BAC HP LOSS CAN ALLOWED IN HP INCOME ONLY
latest answer
HP loss can be set off with HP income even in case of default tax regime under Section 115BAC.
Saniya Balekai
CA Inter
★ 285
4
604
time
Direct Taxation
answered on 25-Nov-24 09:12
what is the time limit for speculation businesss loss and specified business loss
latest answer
For speculation business loss it is 4 years and for specified business loss there is no time limit
Saniya Balekai
CA Inter
★ 285
1
482
Material
Auditing
answered on 27-Nov-24 15:44
1)Not able to find some topics and points in the material and not in sync with classes. 2) Any preferred way of preparation for AUDIT in line with classes?
latest answer
Thank you sir.
Nasikesh royal
CA Inter
★ 635
4
231
minor
Direct Taxation
answered on 25-Nov-24 09:15
out of special skill means because of special skill minor is earning?
latest answer
Yes
Saniya Balekai
CA Inter
★ 285
1
522
Capital gain
Direct Taxation
answered on 26-Nov-24 14:43
Selling price ₹70 Stamp department value ₹76 Fair market value as determined by IT Act ₹72 What is the full value of consideration ?
latest answer
Kindly refer Section 50C. If valuer value is determined and is less than the SDV then the same is considered. However, in your question SDV is less than 110% of SP and accordingly actual sale consideration is considered.
Sushmita Chowdhury
CA Inter
★ 2K+
4
517
Doubt
Costing
answered on 04-Dec-24 20:05
The reason behind we had not deducted 1,00,000 hrs from 4,30,000 is because we are calculating cost per labour hour so we only consider about direct labours only Right? (As 1l hours is because of filling of vacancy)
latest answer
Yes. Considered normal.
07- Issac Jolly-XII C
CA Inter
★ 16K+
1
572
Balance Sheet as part of Capital Strcuture
CFA
answered on 24-Nov-24 15:12
When we look at the balance sheet of a company with the assets and liabilities, had a question on what component they are part in the capital structure of a company, is it the Equity or Debt . I would think it could fall under either. Do advise.
latest answer
Not sure we understand your question properly Equity and debt are part of liabilities Fixed assets, property plan and equipment, non current assets and net current assets are part of total assets
Danny John
CFA L1
★ 0
1
555