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DOUBT
Financial Management
answered on 19-Dec-24 10:48
WHILE COMPUTING INVESTMENT IN CURRENT ASSETS OF WIP WHY WE TOOK RM FOR 100% AND DIRECT WAGES AND OVERHEAD FOR ONLY 50%?? SIR
latest answer
THUANKYOU SIR
PreneshRaj
CA Inter
★ 0
2
519
Payment of tax
Indirect Taxation
answered on 19-Dec-24 18:26
Time of supply is 19th April, but in practical life how and when is this tax paid? As we get the payment in November
latest answer
Even though we get payment late from customer, we have to pay GST. So we need to practically collect amount on time from customer to avoid working capital issue.
Raviteja Kusumanchi
Qualified CA
★ 42K+
1
535
Time of Supply- Cash received
Indirect Taxation
answered on 19-Dec-24 18:27
In the question, cash is received is on 12th Jan, should that date be ignored for date of payment?
latest answer
Yes.
Raviteja Kusumanchi
Qualified CA
★ 42K+
1
520
Difference
Direct Taxation
answered on 17-Dec-24 07:24
what is the difference between immediately proceedings previous year and immediately proceedings financial year
latest answer
Both are same
Uma
CA Inter
★ 490
1
559
Undivided Share of Land
Financial Reporting
answered on 06-Jan-25 18:05
Sir, suppose a company decides to invest in a flat as investment property, and the property's title deed separately specifies the value towards the building and the value towards the undivided share of land. Since the (undivided share) land value itself isn't realizable alone, how (under what name) can the company recognize the investment property and how can it charge depreciation in real life scenarios?
latest answer
Okay, sir. Got it! Thank you.
Denz Philip
CA Final
★ 10K+
5
723
classification of entity
Accountancy
answered on 17-Dec-24 15:05
In case any one of the category is not met the level 1. Is considered as large size entities or not?
latest answer
If any critieria is met, it is considered as large.
bharathipriya
CA Inter
★ 3K+
1
245
joint venture vs joint operation
Financial Reporting
answered on 21-Dec-24 07:45
where the separate entity is not formed then it is joint operation and where the two entities come together an d float a separate entity and the contractual arrangements provide that they have share in assets liabilities income and expenses and also the parties involved in such arrangements get a share in the assets liabilities income and expenses of such arrangements and the parties get their output of such arrangements and the entity derives the cost of providing the output from the parties then it is joint operation otherwise it is the joint venture.
latest answer
Is it a doubt?
natarajan k
CA Inter
★ 3K+
1
1K+
Doubt
Financial Management
answered on 17-Dec-24 14:14
I computed this question using leverage... How would i know which method to use?
latest answer
Faculty also used leverage ratios to compute. Pls share your solution and share what is the exact issue you are facing
07- Issac Jolly-XII C
CA Inter
★ 16K+
2
660
NCFM and NISM Certitfcates Validity
Others
answered on 16-Dec-24 20:12
sir im interested to do either of ncfm or nism. but as per info that i got, i have learnt that 1. nism certificate valid only for 3 years and we must either take retest or finish cpe/e-cpe programs within 12 months prior to expiry of certificate to get validity of certificate extended by further 3 years. is it rue. kindly guide me sir 2. what is validity of ncfm certificate. 5 yeras or lifetime sir. 3. for ncfm certificate, if there is fixed validity, should i have to renew it and how to do it
latest answer
I am not aware If any other student is aware pls feel free to respond
Rohit Ramesh
CA Final
★ 0
1
1K+
Repeated question
AFM
answered on 16-Dec-24 15:35
Sir this question is repeated in mock and question paper. But I can't understand the answer for it.
latest answer
Ok sir
Sathya k
CA Final
★ 9K+
4
263