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Why are we again discounting the cumulative CF
AFM
answered on 07-Dec-24 08:21
Can you please explain as to why again we are discounting with the cumulative cashflow? I did not understand.
latest answer
Cumulative pvf
Manu Jacob
CA Final
★ 6K+
1
276
Cash flow statement
Accountancy
answered on 07-Dec-24 12:09
Here, Why didn't they include depreciation on other tangible assets while calculating net profit
latest answer
Dep for furniture rs.40000 and dep for other tangible assets rs.20000 Totally rs.60000 While computing net profit they reduced rs.60000
Sai Ganesh
CA Final
★ 8K+
1
646
Difference
Direct Taxation
answered on 09-Dec-24 11:49
Difference btw immediately preceding previous year and immediately preceding financial year
latest answer
It is the same.
Ajaykumar Parit
CA Inter
★ 815
1
581
Time of supply
Indirect Taxation
answered on 09-Dec-24 11:35
Invoice = 3rd sept Payment = 7th sept Advance 10000rs Invoice = 3rd Oct Time of supply of service for October month ?
latest answer
If it is service then advance is relevant for TOS. If it is goods, then only invoice is the criteria.
Sushmita Chowdhury
CA Inter
★ 2K+
2
631
Sir if question is nothing is mention and all point made for merger which method I follow in exam
Accountancy
answered on 06-Dec-24 18:22
Purchase or merger sir or I can follow any write in exam note assuming and do any purchase or merger
latest answer
Point of business continuity should also be given - Merger
R G
CA Final
★ 9K+
1
604
Why present value factors are squared?
AFM
answered on 06-Dec-24 09:48
Can you please explain why PV factors are being squared? I did not understand.
latest answer
Hillers method
Manu Jacob
CA Final
★ 6K+
1
241
How X is not of Indian origin
Direct Taxation
answered on 09-Dec-24 11:49
X was born in Pune in 1979 thus Pune is his birthplace, his parents were born in Nasik in 1950(i.e. before 1947) I'm sorry I can't understand how he is not an Indian-origin person.
latest answer
1950 is after 1947. Please check.
OVIYA SELVAM
CA Inter
★ 650
2
941
Logic
AFM
answered on 06-Dec-24 07:26
Sir, i did not understood the logic of adding NPS of Rs 20 Crs in calculating theoretical ex right price.
latest answer
Adding project npv
Hrishikesh Pradhan
Qualified CA
★ 18K+
1
919
as 19
Accountancy
answered on 09-Dec-24 08:25
In Illustration 2 how to get the gross lease rental value is 1441080. in my calculation that answer is 1441140[6L*0.8929+6L*0.7972+6L*0.7118] which answer is preferable?
latest answer
It is based on the digits taken in PV factor. Both are preferable.
bharathipriya
CA Inter
★ 3K+
1
255
Practitioner or Auditor
Auditing
answered on 07-Dec-24 21:52
In Elements of an Assurance Engagement, one of the Element is Sufficient and Appropriate Evidence. In that "Sufficient" relates to quantity of Evidence obtained by Auditor is given. Here I think we have to use Practitioner instead of Auditor as we are talking about Assurance Engagement. Am I correct or not?
latest answer
Yes practitioner is right. But usually in the flow we happen to use auditor
Harish Kumar
CA Inter
★ 17K+
1
713