Forums
Value of supply
Indirect Taxation
answered on 14-Aug-24 18:10
How to solve this question Method
latest answer
Welcome. Always keep in mind that "Interest , late fee or penalty charged by supplier from recipient is inclusive of GST"
Lucky Ten
CA Inter
★ 0
3
291
Examination
Others
answered on 23-Aug-24 10:29
I am a regular college goer preparing for both the groups of CA Intermediate ,my portions are yet to be completed by this month end and I'm supposed to appear for my exams on the Jan 2025 attempt, can anyone give me any tips and tricks regarding preparation and how can I pass both groups in first attempt?
latest answer
Okay sir thankyou
Divinne Fiona
CA Inter
★ 9K+
3
339
SPOM
Exams
answered on 13-Aug-24 19:22
I can see some youtube video saying that Students who appeared for May 24 and couldn't clear can complete SPOM after Nov 24. Is it true?
latest answer
Yes.
shamanth rm
CA Final
★ 2K+
1
312
AS 16
Accountancy
answered on 16-Aug-24 15:58
In this question why are we taking 221 lakhs and apportioning for borrowing costs instead of taking 200 lakhs of loan amount and apportioning to find borrowing costs?
latest answer
It like for a total expense of 221, we borrowed 200. So we are splitting interest incurred on200 in the ratio of cost incurred.
Niveta Rajkumar
CA Inter
★ 6K+
2
328
AS 3
Accountancy
answered on 14-Aug-24 22:28
Practical Question 13. Pg no. 11.122 How is trade receivable 30,60,000 computed here? What's the logic behind here.
latest answer
Thank you…got it
Soon to be CA
CA Inter
★ 4K+
3
269
AS 16
Accountancy
answered on 15-Aug-24 08:00
In case of a single asset of 2 blocks, 1 block is under reconstruction and other block is not fully operational, what would be the treatments in AS 16 ? Would AS 16 Apply to the reconstruction of Qualifying asset ?
latest answer
Thank you 😊
Iswath Fazil
CA Inter
★ 0
3
275
question is not correct
Auditing
answered on 14-Aug-24 19:00
ma'am, here question is not coorect. x is internal and y is external auditor.
latest answer
Yes question should be will Y rely on such work.
SAIBABU .D.M
CA Final
★ 3K+
1
252
RTP COMPILER - CHAP3 - Q1
Costing
answered on 19-Aug-24 09:35
In this question attached below, I am failing to understand the logic of taking proportionate OH while the robot is not used(refer WN VI). When the robot is not used and only the machine is used the entire OH cost of operating the machine(i.e.42000) shall be absorbed by the 1500 hours when the machine is used right? So while computing the hour rate {refer solution point (i)(B)} shouldn't the numerator be 42000. If not even after the machine is used for full capacity of 1500hr the OH absorbed would be (1500*12=18000) whereas the cost incurred would be 42000. Kindly explain. Thanks
latest answer
1. Total oh for the factory is calculated. 2. Total hrs worked with or without robot is calculated 3. The Oh at step one is proportionately divided between working with use of Robot and working without use of Robot. 4a. The oh without use of Robot is divided by no of hrs without robot to arrive at machine rate. 4b. The oh with use of Robot is further increased by cost of the robot and then divided by the number of hrs with use of Robot to arrive at per hr rate. The solution is also very much in line with the above. What is your query here ? If you are trying to calculate the total hrs assuming with robot and without robot individually it would be a wrong assumption
Aswin Chandar
CA Final
★ 40K+
2
343
I have a doubt in this sum my answer is not correct so please guide my mistake
Direct Taxation
answered on 17-Aug-24 17:59
I attached the file in b part of answer is my doubt
latest answer
Done.
Prerna Sandhu
CA Inter
★ 0
5
396
Dividend
Direct Taxation
answered on 13-Aug-24 08:24
pls explain the meaning of shares wrt this context with example
latest answer
This basically deals with concept of deemed dividend. For example if bonus shares are given to preference shareholders then it is regarded as deemed dividend
Sushmita Chowdhury
CA Inter
★ 2K+
1
354