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About Commission

Direct Taxation

answered on 05-Jun-24 09:09

If commission given at per annum based Then we can calculate it for 7 months or Total commission for RFA?

latest answer

It is taken for 7 months

Shivashankar Jawai

Shivashankar Jawai

CA Inter

2K+

1

324

Correction in slide

Financial Reporting

answered on 04-Jun-24 09:05

Mentioned deferred tax as ind as 2

latest answer

Thanks for highlighting. We will update it.

Ramamoorthy Kaliyaperumal

Ramamoorthy Kaliyaperumal

CA Inter

3K+

1

148

Capital gain under sec 54 exemption

Direct Taxation

answered on 08-Jun-24 18:31

My qt is, 1.Mr A sold one residential unit and purchased one farm land including saplings ,now Mr A constructing one residential unit in that land. Now , Should i consider saplings cost in cost of acquisition of land (In purchase deed land and saplings cost mentioned separately) 2.Wt if saplings are destroyed to construct residential unit.

latest answer

It is not considered. Saplings cost is not considered.

VV shetty

VV shetty

CA Inter

5K+

1

360

Doubt

Accountancy

answered on 03-Jun-24 16:03

Why we are adding back Rs 7.5 instead of Rs 10 to the Basic EPS?

latest answer

Can you specify the time frame which you are referring to.

NOOKA RAJU D

NOOKA RAJU D

CA Final

0

1

168

4th point??

Financial Reporting

answered on 03-Jun-24 15:10

Sir please explain 4th point in business combinations.I'm not able to understand properly

latest answer

Ok sir

Surya Prakash

Surya Prakash

CA Final

19K+

2

336

Income Tax under Old Regime

Direct Taxation

answered on 03-Jun-24 16:37

Rohit earns monthly salary of ₹1,75,000. What is his tax liability if he has not opted for section 115 BAC for the assessment year 2024-25? (A) ₹4,44,600 B) ₹4,60,200 (C) ₹3,82,200 (D) ₹3,66,600

latest answer

Thank You Sir

Nikita Lakhotia

Nikita Lakhotia

CA Final

0

13

809

spot after 10 days

AFM

answered on 03-Jun-24 05:19

Hi sir, since the Forward premium will be even for over a period of time, can we take the spot on 10th day as 55+ premium for 10 days? That will be 55+(56-55)*10/90

latest answer

Yes in real life it is done like that have explained broken dates rates concept

B. Dinesh

B. Dinesh

CA Final

3K+

1

292

Recognition of an expense

Financial Reporting

answered on 17-Nov-25 15:37

Sir, Can you please explain more on startup costs that can be included in the cost of PPE as per Ind AS 16 As in IND AS 16 there is no mention of the same.

latest answer

Start up costs are not included in cost of PPE

Gunda Sharan

Gunda Sharan

CA Final

150

3

170

Recognition of an expense

Financial Reporting

answered on 02-Jun-24 22:41

Sir, It has been said that Items acquired in the business combination and cannot be recognized as an Intangible asset can be capitalized by forming part of amount recognised as goodwill But why it should be capitalized if it is not recognisable , as in the earlier classes it has been said that if does not meet recognition criteria it should be expensed Please clarify

latest answer

You will learn in Ind AS 103. Similar to concept of Goodwill as per AS 14

Gunda Sharan

Gunda Sharan

CA Final

150

1

316

Classes

AFM

answered on 02-Jun-24 17:14

Hi sir, as i already told you i purchased the classes in 2023 for 15k, but due to health issues i could not watch it then. Now what i am doing is , during the theory and concept explanation i will watch the class and pause the video and i will take the notes and during illustrations i will pause the video and do the problem completely, based on my interpretation of question. After that i will watch the class for better understanding. Sometimes 30 min long illustration may take 1 hour or 2 hours, bcz i have to interpret and do the problem and watch classes for the logic behind it. Because of this it is taking more time than i expected to complete watching classes. So i am requesting you to please kindly extend the due date of the class for 30 more days. Thankyou so much for what you already did for me sir. Even if you do not extend i will watch the classes in 2x and just copy paste the problems from what you said, but that's not serve the essence of your teaching sir. That's why i am requesting you to extend for 30 days.

latest answer

We already told u to post such kind of messages to support@indigolearn.com This is a doubt clearing forum

B. Dinesh

B. Dinesh

CA Final

3K+

1

185