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Buy Back of Shares
Accountancy
answered on 17-Oct-24 15:34
If cash/bank balance is used for the purpose of buy back, do we have to create CRR Account?
latest answer
If buyback is out of free reserves or securities premium account then a sum equal to nominal value of the shares purchased has to be transferred to the Capital Redemption Reserve Account (CRR) A/c.
Nova Shaji
CA Inter
★ 2K+
2
597
Arbitage process
Financial Management
answered on 17-Oct-24 11:55
In study material ill 9 and 10 sums answers are different in video which model needs to follow kindly please clear my doubts
latest answer
Ok sir thanks
Divya Tharaninath
CA Inter
★ 8K+
4
213
Consolidated financial statements
Accountancy
answered on 18-Oct-24 13:53
Why only 3rd point is correct though point 1&2 is also feature of the joint control entities,can anyone explain?
latest answer
Thank you for clearing the doubt
Mainak Chakraborty
CA Inter
★ 0
2
406
Earning per share-dilutive EPS
Financial Reporting
answered on 18-Oct-24 12:55
Why we are adding the FV MTM loss while calculating the Dilutive EPS
latest answer
If converted, there would not be any MTM losses. Revisit this question after completing Ind AS 109.
natarajan k
CA Inter
★ 3K+
1
420
Ind as 19
Financial Reporting
answered on 18-Oct-24 13:06
Sir if we have 12 days accumulated leaves And we are not taken this leave in the year In the next if we take such leave Whether the employer will paid money???? And whether such payment are call vesting period????
latest answer
A vesting period typically refers to the time period that an employee must work before they gain the right to receive certain benefits, such as stock options, pensions, or leave encashment. So the period in which leave is taken is not vesting period. If you take leave next year, the employer will not deduct salary from your pay.
Suman Hs
CA Final
★ 2K+
1
187
Place of Supply
Indirect Taxation
answered on 25-Oct-24 14:57
Why in case two the place of supply is location of property only ie mean when it is related to immovable property the place of supply will be always the location of immovable property But in the given case the location of the immovable property and also the location of the recipient is also foreign and the location of the supplier is India why can't we consider the location of the supplier as a place of supply because he is present in India
latest answer
In case where property is outside India and either supplier/ recipient is outside India then POS would be the place where property is located. Even if it is located outside India then POS would be outside India.
Surya Prakash
CA Final
★ 19K+
1
448
Calculation of in RTP is wrong?
AFM
answered on 16-Oct-24 22:07
Sir, as per illustration 29, we are taking back for 914 that is after bad debt provision net of taxes, but now as per RTP, they have did gross as well as in WACC calculation, they did not take the provisional equity. You can find the image. Please suggest.
latest answer
That is so unfortunate and patently incorrect solution by the institute ideally examiners should give marks based on the logical solution of adjusting tax and non cash items everywhere I would suggest that you make suitable assumptions in exam and if time permits give both solutions
kabilan sam
CA Inter
★ 3K+
1
429
Doubt on yield
AFM
answered on 16-Oct-24 21:32
Sir in this sum during last year annualised yield is 73.52% and we do consider it of 33 months (73.52*3*33\36) comes to 202.18% why are we not reducing the dividend received 30% as we did for earlier year? Please clarify sir
latest answer
Sir really great sir🙏🏼🙏🏼,
kabilan sam
CA Inter
★ 3K+
2
429
Itc
Indirect Taxation
answered on 26-Oct-24 10:59
Self assessment of ITC can be done without filing GSTR 1 ? If no then when it’s done ?
latest answer
Thank you
Sushmita Chowdhury
CA Inter
★ 2K+
7
533
Disclosures under Short Term Borrowings and Under Other Current Liabilities
Accountancy
answered on 18-Oct-24 13:18
Hello, 1. There is a separate line item for Share Application Money Pending Allotment on the balance sheet. Can you please explain the inclusion of ' Application Money Received for Securities ', under Other Current Liabilities? 2. Current Maturities of Long Term Borrowings are included under Short Term Borrowings and under Other Current Liabilities. Which one is the correct one?
latest answer
1. for other securities. 2. Current liabilities.
V V
CA Inter
★ 3K+
1
224