Forums
Valuation of existing stake
Financial Reporting
answered on 24-Nov-24 16:45
The fair value adjustment of existing stake difference of Rs 20000 why dont we consider in while calculating net assets at the date of consolidation
latest answer
Why should we consider? It is the investment made by parent. It does not represent net assets of subsidiary.
Hrishikesh Pradhan
CA Final
★ 18K+
1
495
80tta
Direct Taxation
answered on 26-Nov-24 14:44
I NOT UNDERSTAND THE CONCEPT OF 80TTA DEDUCTION
latest answer
Section 80TTA allows deduction for interest on savings bank account. It is first included in GTI since it is income. Further, deduction is allowed under Section 80TTA and the deduction is income earned or 10,000 whichever is lower.
Saniya Balekai
CA Inter
★ 285
1
508
Impairement Loss
Financial Reporting
answered on 24-Nov-24 13:23
What will we do of Impairement loss attributable to NCI ?
latest answer
Impairment loss of Goodwill - If NCI is measured using FV, NCI's share of impairment of goodwill will be reduced from NCI balance. If NCI is measured using proportionate of net asset, Goodwill shown in books is only parent's share of goodwill. So NCI will not bear any loss.
Hrishikesh Pradhan
CA Final
★ 18K+
1
549
Investment decisions
Financial Management
answered on 25-Nov-24 18:37
Sir,here the calculations for adjusted discount rate is totally different sir, in the icai book the made the calculation by taking base case PV as 30 , but we in order to make it us zero , we took it is -74,which one is correct sir?
latest answer
Ok sir.. thank you sir..🙏
shanthini hariharan
CA Inter
★ 10K+
2
645
Overtime
Costing
answered on 04-Dec-24 20:05
In case of normal circumstances overtime - We would treat it as normal cost(means it will be charged to factory overhead but how can we charge overtime to cost of the project or product,) why can't it be debited costing p/l?
latest answer
Overheads are subsequently charged to product itself.
07- Issac Jolly-XII C
CA Inter
★ 16K+
1
602
Doubt
Costing
answered on 04-Dec-24 20:04
B also worked 8 hours on Saturday where it should it should be only 4 hours... Why there is no overtime for B...?? Weekdays means mon to Friday right? Then still why c only got overtime for Saturday
latest answer
As per the question, he would get same payment. Since full payment is made for 4 hours worked. Since any additional information is not available, let us not create that scenario.
07- Issac Jolly-XII C
CA Inter
★ 16K+
2
653
Pand l
Accountancy
answered on 25-Nov-24 08:26
How we got finance cost for this problem
latest answer
It is a typo error. Finance costs are nil and 18,240 is the depreciation and amortization expenses
Dharshana Rajkumar
CA Inter
★ 2K+
2
517
IND AS 20
Financial Reporting
answered on 24-Nov-24 13:22
Sir purchase of asset is investing activity right, And grant received is which activity In lecture as per below screenshot it has been shown,
latest answer
There is an error on screen. Will rectify it.
R Yashwanth Kumar
CA Final
★ 87K+
2
570
Cash flow statement
Accountancy
answered on 25-Nov-24 08:46
Can someone please solve it and share the workings (Q2)
latest answer
Please solve the problem by yourself. If you have any doubts while solving the problem you can ask here
Sagar Kathuria
CA Final
★ 3K+
1
589
Illustration 5
Accountancy
answered on 27-Nov-24 15:13
Hi sir / madam ; Is it necessary to prepare " Goods send to branch account " for every problem related to loading / mark- up price ?
latest answer
Generally yes. Sometimes the question specifies the ledgers to be prepared.
Nagachaitanya Nomula
CA Final
★ 8K+
1
198