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Pls explain

CFA

answered on 03-Sep-24 12:05

Melissa Kon, CFA, s an equity analyst . She recently left her job at Hamm Capital (HC) 1o join Eagle investments (El), Kon obtalins the express consent of HC to take one ot her hisionical research reports wtn her . At El, she dligenty updates and publishes the report Afterwards, she re-creates supporting records from memory for record keeping purposes. Has Kon violated the Standards? A. No. B. Yes, by publishing the updated research report C. Yes, by re-creating supporting records from memory Please explain what is the answer and as per which standard

latest answer

No You can re create from memory and she has express consent of HC too

Dhakshana Dhakshana

Dhakshana Dhakshana

CFA L2

★ 18K+

1

781

IFOS

Direct Taxation

answered on 03-Sep-24 15:41

From the buyers perspective if the immovable property received is for inadequate consideration then if the difference is more than 50k and more than 10% of sale consideration it becomes taxable under ifos. my doubt is if the difference is more than 50k and is Equal to 10% sale consideration will it still be taxable under ifos

latest answer

Taxability under IFOS would come only when the difference should be more than 10% of sale consideration and the difference should be more than 50,000

Niveta Rajkumar

Niveta Rajkumar

CA Inter

★ 6K+

2

380

AS 4

Accountancy

answered on 09-Sep-24 15:51

Under AS 4 events occurring after balance sheet date , for non adjusting events where should the disclosure be made in notes to accounts or in report of approving authority?

latest answer

AS 4 requires disclosures in report of Approving authority.

Niveta Rajkumar

Niveta Rajkumar

CA Inter

★ 6K+

3

394

Employee benefits

Accountancy

answered on 09-Sep-24 15:52

in this question can u explain the reason behind the answer? why we should not assume it as defined contribution plan?

latest answer

because the liability is on the employer.

Niveta Rajkumar

Niveta Rajkumar

CA Inter

★ 6K+

3

409

Ca final registration

Others

answered on 06-Sep-24 09:31

Can we change the spom of set c & set d (internal subject ) after registration? Cause the website is asking to opt one paper in both set c & d in registration form and it is mandatory to select one paper in those sets ?

latest answer

I think it is not possible

V Vishnuvardhan Raju

V Vishnuvardhan Raju

CA Final

★ 2K+

1

1K+

Tds

Direct Taxation

answered on 03-Sep-24 15:43

What is the tds for interest on debentures ( income )

latest answer

10% as per Section 193.

Lucky Ten

Lucky Ten

CA Inter

★ 0

2

370

Cost of capital

Financial Management

answered on 02-Sep-24 19:00

Can anyone please solve this...

latest answer

Thank you

Priyanka R

Priyanka R

CA Final

★ 20K+

2

409

Cost of capital

Financial Management

answered on 03-Sep-24 00:22

In the exam, how do we know.. Which method is used?? Ytm Or approximation method??

latest answer

Ok thank you sir

Priyanka R

Priyanka R

CA Final

★ 20K+

2

334

Capital Gains

Direct Taxation

answered on 03-Sep-24 15:43

Can someone please explain how this answer came ?

latest answer

Kindly share your working.

Niveta Rajkumar

Niveta Rajkumar

CA Inter

★ 6K+

2

395

Input tax credit

Indirect Taxation

answered on 03-Sep-24 15:15

in this section ITC will not be available if the supplier satisfies the following cases or the recipient satisfies the following cases?

latest answer

Supplier.

Niveta Rajkumar

Niveta Rajkumar

CA Inter

★ 6K+

2

323