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Ind AS 116 LEASE

Financial Reporting

answered on 24-Sep-24 13:50

Are they(ICAI) test COVID related practical expedient problems for exams Nov'24 onwards or not, That expedient is applicable for new syllabus ?

latest answer

No

Mahantesh Biradar

Mahantesh Biradar

CA Final

92K+

1

370

Not writing the MCQ booklet papercode in answersheets in FM paper ( CA inter group 2)

Exams

answered on 13-Sep-25 19:00

I have a writing only a MCQ booklet serial number and also correctly shade it in answer sheet but I am missed to write the MCQ paper code and shade paper code in answersheets.Conclusion that MCQ paper code only is not writing in answer sheet will be result in non evaluate my MCQ answer sheet or not..??...Anyone please share your experience and knowledge about this above matter.

latest answer

What did you get

Saravanan

Saravanan

CA Inter

2K+

3

902

Discounted payback

Financial Management

answered on 24-Sep-24 12:13

So discounted payback is just having time value of concept on payback period Right Sir?

latest answer

yes

07- Issac Jolly-XII C

07- Issac Jolly-XII C

CA Inter

16K+

1

334

Sit I confused some this types of questions exemption chapter concept used now I clear

Indirect Taxation

answered on 25-Sep-24 13:37

I hope computation Is correct

latest answer

All are taxable. Earlier there was exemption for Hotel but now there is no exemption.

R G

R G

CA Inter

9K+

4

448

Prospectus and Allotment of Securities

Corporate & Other Laws

answered on 24-Sep-24 14:21

Could any one explain this para

latest answer

Understood mam. Thank you

Lathika

Lathika

CA Inter

6K+

2

312

Divisible projects

Financial Management

answered on 24-Sep-24 10:38

Sir... In case of divisible projects.. We have to only consider the PI rankings right.. Then why does sir also computed the NPV of the best rankings in the sub question (a)

latest answer

He computed it just to show. ranking is not made on basis of NPV

07- Issac Jolly-XII C

07- Issac Jolly-XII C

CA Inter

16K+

1

367

Mutually exclusive projects

Financial Management

answered on 24-Sep-24 09:14

How can we identify whether the question is seeking mutually exclusive or independent project?

latest answer

In this question they themselves gave combinations of projects Otherwise in question is exam they will be very specific

07- Issac Jolly-XII C

07- Issac Jolly-XII C

CA Inter

16K+

3

377

Special Features of Audit of Different types of Entities

Auditing

answered on 24-Sep-24 12:02

Ma'am LLP is not covered in this chapter?

latest answer

It’s covered. Let me check

Kalaiarasi Sowtharman

Kalaiarasi Sowtharman

CA Inter

470

1

444

clause 2 part 1 of profesional misconduct

Auditing

answered on 24-Sep-24 12:03

what if a ca in pratice share his profit with land load insted of office rent if tha land load is an advocate

latest answer

This kind of arrangement will not be accepted. U should be sharing for the services received in capacity of advocate, not because you are landlord and happen to be an advocate.

abin c s

abin c s

CA Final

2K+

1

193

Fixed income

CFA

answered on 23-Sep-24 21:48

In the question they calculated YTM and YTC(yield to calll) and chosen the low yield as the answer why?if yield is lower low return right why would they choose that

latest answer

because bond will be repaid at call price & quickly too have a look at yield computation below

Dhakshana Dhakshana

Dhakshana Dhakshana

CFA L2

18K+

1

346