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Building, part let out -CGU?
Financial Reporting
answered on 18-Feb-26 07:56
In the last question, is Apex Ltd the CGU for the occupied part alone or for the entire building? the let out part is a CGU in itself right? [Video Time Stamp: 10:12]
latest answer
Oh right, my bad. Thank you!
Vishnu Muraleedharan
CA Final
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2
55
Common Credit
Indirect Taxation
answered on 06-Mar-26 13:01
Sir, While finding Common Credit why have we not reduced Audit fee and Rent as they are related to taxable supplies only .? [Video Time Stamp: 09:11]
latest answer
Thank you Sir. 😊
K Vamshi
CA Final
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6
76
Study material
AFM
answered on 12-Feb-26 13:29
Do I get the printed version of study material as and when I get subscription of the classes and is the price of the study material is included in the price. [Video Time Stamp: 15:07]
latest answer
With full course - yes
Rahul Mogaveer
CA Final
★ 0
1
73
Doubt regarding ITC Distribution - Illustration 15 Logic
Indirect Taxation
answered on 06-Mar-26 13:02
Sir, I have a doubt regarding the ITC distribution for the Ganganagar and Mumbai branches. We specifically assigned IGST 18,000 to Ganganagar and IGST 1,50,000/- and 15,000/-CGST 15,000/- SGST to Mumbai. When we calculate the share for the other branches, shouldn't we subtract these specific amounts from the total first? I'm trying to follow the same logic we used in Illustration 15 (Ceramity Ltd) [Video Time Stamp: 11:53]
latest answer
Okay Sir, thank you.
K Vamshi
CA Final
★ 14K+
6
63
IND AS 109
Financial Reporting
answered on 13-Feb-26 11:13
In this case due to forex rates it is a derivative.But in the book it also mentions that it is a derivative because of the because it's value changes based on value of sales.However,value of sales is a non financial variable which is specific to a party to the contract.Hence it is incorrect in tb right ?
latest answer
Forex rate is fixed. Variation is because of sale volume
SANSKRITI BADRI 2111339
CA Final
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1
44
Value of supply ( insurance )
Indirect Taxation
answered on 17-Feb-26 12:33
Sir, for may 2026 attempt is insurance related topics sums are required?
latest answer
Technically No.
santosh durgapu
CA Final
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1
57
Equipment Grant - Ready to use
Financial Reporting
answered on 13-Feb-26 13:04
Why is it that we wait until the asset is ready to give the treatment for gov grant? Are we assuming the grant is received on the condition that the asset is finished? [Video Time Stamp: 03:22]
latest answer
Fair enough. Thank you sir
Vishnu Muraleedharan
CA Final
★ 32K+
2
58
Interest on Interest
Financial Reporting
answered on 13-Feb-26 13:02
Why is it that we are capitalising the interest on the interest paid for year 3? Is any assumption made?
latest answer
Ok, thank you
Vishnu Muraleedharan
CA Final
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4
56
Loan after expense
Financial Reporting
answered on 13-Feb-26 13:00
In this case, if the general loan was taken and used for some working capital purpose, can we still capitalise the Borrowing Cost ? One could still argue that maybe the expenditure wiped out the entire cash balance, so the loan had to be taken to sustain normal operations. Is this correct?
latest answer
Thank you!
Vishnu Muraleedharan
CA Final
★ 32K+
2
47
Advance to Suppliers
Financial Reporting
answered on 12-Feb-26 08:09
So advance extended to supplier can be a Qualifying Asset? Assuming the underlying asset is also Qualifying* [Video Time Stamp: 03:00]
latest answer
Thank you
Vishnu Muraleedharan
CA Final
★ 32K+
2
39