Forums
Preparation of fs
Accountancy
answered on 15-Nov-24 17:11
Here the hire purchase price should be taken as base 100 as 25% is calculated on hire purchase price, but the base 100 is taken as hire purchase sales price
latest answer
Yes. Incorrectly done.
vamsi krishna
CA Inter
★ 43K+
1
517
EOQ given by you in your book not matching with your video.
Costing
answered on 11-Nov-24 14:22
Why is there a difference between what you teach and what given in your material.
latest answer
We have updated the PDF notes.
Caintersm2024
CMA Inter
★ 3K+
2
283
IndAS 20 - Govt. grants
Financial Reporting
answered on 03-Dec-24 15:20
In the example, where cash flow statement is presented, the purchase of asset was shown under financing activities, won't that come under investing activities?
latest answer
The error is rectified. Please check it
SANJITHA
CA Final
★ 1K+
4
289
Silo - Deemed Separate Entity
Financial Reporting
answered on 11-Nov-24 13:29
Whom does the term "Remaining Investee" refers to,sir ?
latest answer
If an investee has 3 branches, branch 1 is a deemed separate entity. Remaining branches are remaining investee.
Swathi S
CA Final
★ 975
1
224
Charge of gst
Indirect Taxation
answered on 10-Nov-24 06:54
Under aggregate turnover What is this Value of inward supplies on which tax is payable under reverse charge
latest answer
It refers to supplies under Reverse Charge Mechanism; Receiver is liable to pay GST, not Supplier
Dharshana Rajkumar
CA Inter
★ 2K+
1
613
Partnership firm
Direct Taxation
answered on 12-Nov-24 09:34
If a partnership firm transfers asset to a partner at free of cost ( there is no reconstitution or dissolution) What will be the tax treatment? Whether it satisfy transfer definition, if so what will be full value of consideration?
latest answer
It will be taxable as per various judgements.
sasidhar cheboyina
CA Final
★ 100
1
525
Limit
Indirect Taxation
answered on 12-Nov-24 09:32
I m not getting clarity regarding 10 crores and 5 crores once wih telling uh exceed 10 crore e invoice concepts applicable and once who exceed 5 crores?
latest answer
E Invoicing is applicable only if aggregate turnover exceeds 5 Crore.
Saniya Balekai
CA Inter
★ 285
2
336
Fair Value losses
Financial Reporting
answered on 08-Nov-24 20:40
Sir, what is logic of Adding Fair Value losses when calculating diluted EPS?
latest answer
Since the instruments would not be existing Fair value gain or loss will not exist. You will understand in Ind AS 109
Hrishikesh Pradhan
Qualified CA
★ 18K+
1
511
Anti Subsidy Duty
Indirect Taxation
answered on 12-Nov-24 09:33
So basically I just want to understand in safeguard duty you straight away took the value of assessable value by 30 lacs into 30 percentage but in the anti subsidiary duty you took the landed value that is assessable value plus BCD plus sws on the that putting 18.95% is it for different taxes different amount we have to take
latest answer
Yes right. Safeguard duty is directly computed on Assessable Value. Whereas Anti Subsidy duty working is different.
3007_ gnanavel
CA Inter
★ 150
1
271
Query related to SD
AFM
answered on 08-Nov-24 21:58
Why mean is taken as 27 in the first year. I didn't get the logic. In all other illustrations we took the actual mean
latest answer
Thank you very much sir
Krishna prasad e
CA Final
★ 16K+
2
257