Forums
prospectus
Corporate & Other Laws
answered on 30-Jun-24 14:59
1) if Co issued prospectus & listed it share then person will purchase from stock exchange ? Ans = MrX purchased from open market so not liable how MrX would hv purchased otherwise ?
latest answer
question 18 in image is not clear
Sushmita Chowdhury
CA Inter
★ 2K+
7
327
Sweat equity shares
Corporate & Other Laws
answered on 28-Jun-24 15:54
Explain the below 👇........................,
latest answer
before amendment, a company was not allowed to issue sweat equity shares unless one year had elapsed from commencement of business. Now this provision is not applicable.
Divya K
CA Inter
★ 885
1
310
How to calculate Book value of bond
CFA
answered on 28-Jun-24 10:25
I've tried multiple times couldn't get the answer pls explain how to arrive the bv for Year 1,2,3 with the help of annuity formula
latest answer
explained over phone call
Dhakshana Dhakshana
CFA L2
★ 18K+
1
374
Equation
Maths & Stats
answered on 28-Jun-24 19:59
if α,β be the roots of 2x^2-4x-1=0, find the value of α^2/β+β^2/α
latest answer
Here is the solution
VIJAY EDITZZ
CA Foundation
★ 0
1
308
Illustration # 3
Direct Taxation
answered on 07-Jul-24 17:37
My question is related to Leave encashment non government employee At the time of retirement Working note 2 last line Leave credit × average salary =180/30 × 57000 = 342000 Please give the explanation about 180/30
latest answer
Bro could you do me a favour as I'm traveling I can't keep up with the notes so could you pls send me the notes for DT which you've written .Send to this number 9025528977 ,pls send me bro
siddesh N
CA Inter
★ 4K+
3
343
Exception point in DTL
Financial Reporting
answered on 01-Aug-24 14:23
Sir, Will you give another example for the second exception point in the definition of Deferred Tax Liability ?
latest answer
A company purchases a piece of machinery that requires decommissioning at the end of its useful life. The company is legally obligated to dismantle and remove the machinery when it is no longer in use. To reflect this obligation, the company recognizes a decommissioning liability on its balance sheet and also increases the carrying amount of the machinery by the same amount (i.e., the present value of the future decommissioning costs). Example - Initial Recognition: The company recognizes a decommissioning liability of ₹100,000. Tax base is Nil At the same time, it capitalizes this amount to the cost of the machinery, increasing its carrying amount by ₹100,000 - Tax base is Nil Tax Treatment: For tax purposes, the decommissioning costs are not deductible until the actual expenditure occurs in the future, i.e., when the machinery is decommissioned. When the company recognizes the decommissioning liability and increases the asset’s carrying amount, there is no immediate impact on the accounting profit.
Swathi S
CA Final
★ 975
1
215
prospectus
Corporate & Other Laws
answered on 28-Jun-24 14:34
pls correct me where im wrong 1) pvt placement prospectus is needed ? 2) unlisted public Co can issue share to public ? (not via pvt placement) even if they're unlisted they'll take permission from sebi or recog st ex before issuing share ? 3) only listed Co can issue share to public ? (other than pvt placement)
latest answer
1)NO 2) Can't issue shares to public without getting listing permission 3) Yes 4) A Ltd. being the main company issuing shares, will issue prospectus 5) GDR can be issued to make private placement also.
Sushmita Chowdhury
CA Inter
★ 2K+
3
282
prospectus
Corporate & Other Laws
answered on 28-Jun-24 16:46
prospectus filed to Roc on 1/9 prospectus can be issued 2/9 ? we dont hv to wait for Roc approval ?
latest answer
Yes
Sushmita Chowdhury
CA Inter
★ 2K+
3
272
Penalty u/s 137
Corporate & Other Laws
answered on 28-Jun-24 09:14
What is the OPC penalty if the financial statement is not submitted to ROC
latest answer
Penality of 10,000 and further penality of Rs.100 per day forcontinuing failure and it is max of 2lakhs
Shivashankar Jawai
CA Inter
★ 2K+
1
231
Enacted Vs Substantially enacted
Financial Reporting
answered on 02-Jul-24 17:14
Sir, Will you explain what is meant by substantially enacted in detail?
latest answer
Budget is presented in February. Approved later by President. It is substantially enacted when presented. Once approved, it is enacted.
Swathi S
CA Final
★ 975
1
198