Forums
RCM
Indirect Taxation
answered on 17-Feb-26 12:33
If GTA & Security agency is unregistered means who will liable to pay gst [Video Time Stamp: 05:48]
latest answer
If unregistered because turnover less than threshold limit then no GST will apply.
Shivashankar Jawai
CA Inter
★ 2K+
1
98
Co-efficient of Variation
AFM
answered on 11-Feb-26 11:41
In earlier video, we arrive at C.V. as S.D/ Expected Cashflows, however in Illustration 12 we use Expected NPV in place of Cashflows, is it because of the availability of data in tha sum? Whether to consider expected cashflow or NPV when both data is available?
latest answer
Yes depends on data available
SANJITHA
CA Final
★ 55
1
52
RCM
Indirect Taxation
answered on 17-Feb-26 12:34
If CG,SG or UT has 50 % or less than 50% stake in one company , that company provides renting of immovable property and receipt is unregistered than RCM will come or not ?
latest answer
If government is renting property to a registered person then only RCM will apply.
Shivashankar Jawai
CA Inter
★ 2K+
1
59
Depreciation Under Change in Useful Life
Financial Reporting
answered on 13-Feb-26 11:21
Sir, In This Question, For Example take one Component building, Initial Useful life of Asset is 15 years and Depreciation is 1,50,00,000/15, For 3 three years Accumulated Depreciation is 30,00,000, So in Fourth year Carrying cost is 1,20,00,000 and Revised Useful Life is 10Years, Depreciation for fourth year is 17,14,285 (i.e 1,20,00,000/7years), So my Doubt is After Revaluation Whether to Calculate depreciation should Use ful life is 15 years or 10 years or 7 years(Remaining useful life) ? [Video Time Stamp: 00:06]
latest answer
On remaining useful life.
Yeduabati Mohan Rao
CA Final
★ 2K+
1
64
Voice not clear at 9:42, and Depreciation
Accountancy
answered on 17-Feb-26 17:13
Sir, G Ev, I couldn't hear what you said at 9:42, I only heard "Current " (Was it followed by Assets?) And In voluntary disclosures 2nd point about Disclosures, If an asset has exhausted its useful life, The C A will be 0. What would be Gross Carrying value of that depreciated asset??
latest answer
Ok sir, Thank you
Jagadeesh Jaidev
CA Inter
★ 645
2
64
IND AS 109
Financial Reporting
answered on 16-Feb-26 17:13
For this settlement, why should the contract still be a fonancials liability?isn't it equity ?because of the exceptions?
latest answer
The instruments covered in exceptions are equity. however if those instruments are to be delivered as part of contract, the contract would be classified as a financial liability.
SANSKRITI BADRI 2111339
CA Final
★ 4K+
1
52
transistion approach
Financial Reporting
answered on 09-Feb-26 22:05
sir, is this approach still important for exams it ind as 116 applicability starts from 1st april 2019 [Video Time Stamp: 12:54]
latest answer
No
santosh durgapu
CA Final
★ 2K+
1
67
Transfer of registration
Financial Reporting
answered on 09-Feb-26 19:04
Dear team, I shall need to transfer the classes from phone to my laptop because the mobile needs a service which takes a 2 days time. Kindly provide approval for the same on urgent basis
latest answer
Thankyou so much sir
Saravanan Murugan
CA Final
★ 19K+
6
84
Z value calculation
AFM
answered on 09-Feb-26 18:57
Sir, in the last step of z value calcuation of respective stock,, whether Beta square or Beta is to be taken, in material Beta square is mentioned, but while solving no square is considered
latest answer
Beta Consider what is there in the solution
Abhinav K A
CA Final
★ 2K+
1
57
Forming an Opinion - SA805
Auditing
answered on 09-Feb-26 21:44
1. If an auditor's report on the complete set of financial statements contains a modified opinion, what must the auditor do regarding the audit of a single financial statement of that entity? 2. Can an auditor express an unmodified opinion on a single financial statement if they have expressed an adverse opinion on the complete set of financial statements as a whole?
latest answer
Modification in complete FS does not automatically require modification in SFS — but the auditor must evaluate relevance and materiality to that specific statement. If the matter is relevant and material to the single financial statement, the auditor must appropriately modify the opinion on the single financial statement as well. The auditor can express an unmodified opinion on a single financial statement despite an adverse opinion on the complete set, provided: -The single financial statement is not affected by the matter that caused the adverse opinion, and -The auditor obtains sufficient appropriate audit evidence to conclude that the single financial statement is free from material misstatement. The auditor should include an Emphasis of Matter or Other Matter paragraph, referring to the adverse opinion on the complete set, to avoid misunderstanding
Vasudha TK
CFA L1
★ 70
1
164