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transit comes to end
Corporate & Other Laws
answered on 23-May-24 21:26
if 100 bags of rice are in transit and the buyer receives first 50 bags and remaing 50 bags are in transit . during this times seller got the news that buyer was insolvent then can he excercise his rights on remaining 50 bags after all the transit is ended
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Bharavi Kothari
CA Foundation
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2
174
Index number
Maths & Stats
answered on 23-May-24 21:24
Question no 34 , back answer is a but in pdf it is b
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Bharavi Kothari
CA Foundation
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3
271
Index number
Maths & Stats
answered on 17-Jun-24 21:44
Back answer is option a but in your pdf it is option d
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Answer D Real wage = (500)*(110)/200 = 275 = 275-330 = -55
Bharavi Kothari
CA Foundation
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6
296
Index number
Maths & Stats
answered on 14-Jun-24 13:56
There is no option for 85.71 in text and option d is 78.93 so what is the final answer ? It is question number 97 in icai study material index number chapter
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Bharavi Kothari
CA Foundation
★ 20K+
6
322
Interest on pre-construction period.
Direct Taxation
answered on 20-May-24 18:04
In the last illustration of the second part of the illustration regarding the pre-construction period, the deduction under Section 24(b) is 33,000, right? That is 15000 + (90000/5). But in the solution, it is given as 21000. Clarify the working, please.....
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It is 33,000 only. Please check.
SHAMIL SHAMSUDDHEEN
CA Inter
★ 4K+
1
401
wrong calculation
AFM
answered on 20-May-24 13:22
Hi sir, i feel there is a calculation error here. please correct me if iam wrong. the expected pay off i.e 7.6*76% = 5.776. but you mentioned it as 5.75 so that the PV of it also comes to 5.776/1.05 = 5.50. but i could not understand how in excel the answer got wrong while you were doing. please let me know whether what i did is correct or wrong
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I made working in excel exact values are P = 75.636% Rs.5.7483 and PV is 5.467 These are excel values and hence you may get minor differences when you solve by taking no decimals
B. Dinesh
CA Final
★ 3K+
1
305
calculation of income from house property.
Direct Taxation
answered on 20-May-24 18:05
In illustration 3, The property is purchased on May 1st. So when calculating rent received, the actual amount received on let-out property is for 11 months, no? and the property has been vacant for 1 month. So will the actual rent received be for 11 months or 10 months? In the solution it is calculated for 10 months.
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10 months.
SHAMIL SHAMSUDDHEEN
CA Inter
★ 4K+
2
488
Spliced price index
Maths & Stats
answered on 22-May-24 17:44
How spliced price index came ? What is the formula ?
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Take each value of old price index from 1990 and divide by 114.2 ( 1995 value ). You will get new values which will match with last column ie splice index number
Bharavi Kothari
CA Foundation
★ 20K+
2
358
Amalgamation
Accountancy
answered on 20-May-24 13:57
How the goodwill of the vendor company should be incorporated in the books of the purchasing company in both the cases in the assets and liabilities taken over journal entry
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You will calculate goodwill separately and incorporate. If you have any specific question, pls share.
Samuel Sundar
CA Inter
★ 3K+
1
328
Puttable Instrument - Fix to fix test
Financial Reporting
answered on 27-May-24 16:23
I understand that generally Puttable instrument is a FL. But If it fulfils 6 conditions then it becomes Equity. Where as Fix to Fix test is applicable for other type of instruments.can you please make me understand this attached part where you are explaining the fix to fix test of Puttable instrument.
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This are considered as equity only for limited purposes otherwise entities like mutual funds will not have equity at all.
Chandan Subudhi
CA Final
★ 12K+
3
322