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answered on 26-Jul-24 19:14

In ICAI app I am unable to login as ca final student inspite of clearing intermediate in may 2024 exam and I have registered for ca final also.

latest answer

Wait for a while .. then refresh.. if ...not try web on laptop through chrome... Otherwise you can call the helpline

sowmya Umesh

sowmya Umesh

CA Final

★ 685

2

376

Co give loan to buy its own sh cap

Corporate & Other Laws

answered on 30-Jul-24 00:59

restriction is to bcuy own Co share and holding Co sh ? Co can give loan to buy subsidiary Co share ?

latest answer

co. can buy back equity or pref shares only. Pt. (c) gives maximum limit such buy back

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

★ 2K+

8

407

Loans & Advance Audit

Auditing

answered on 25-Jul-24 16:55

One topic missing in Audit of Financial Statements, Audit of Loans & Advances

latest answer

It’s available. Wil check with the team and update .

Mohammed Bin Abdulla

Mohammed Bin Abdulla

CA Final

★ 2K+

1

379

SPOM Exams

Exams

answered on 25-Jul-24 13:19

Do I need to attend all the SPOM exams even if 1 group is remaining

latest answer

Yes

adithya thushar

adithya thushar

CA Final

★ 3K+

1

455

Debt

Corporate & Other Laws

answered on 26-Jul-24 01:44

If person who want to qualify has auditor of company has holding Rs. 4 lakh and his partner also holding Rs. 3 lakh . Then he can qualify as auditor of that company?

latest answer

Yes

Shivashankar Jawai

Shivashankar Jawai

CA Inter

★ 2K+

1

318

Presumptive

Direct Taxation

answered on 26-Jul-24 13:05

Hi sir/madam i have a query on direct tax Mr.X is following presumptive taxation last few years and for this AY his turnover is 1,00,25000 and this AY also under presumptive coz of less than 2cr and the doubt is his online receipt is 30℅ and cash receipts is 70℅ can he file his return for 8℅ of total turnover of cash receipts and 6℅ of total turnover for online receipts as per 44ad

latest answer

If turnover does not exceed 2 crore then he can go for 44AD.

kalai vani

kalai vani

CA Final

★ 1K+

1

349

India Definition

Direct Taxation

answered on 26-Jul-24 13:06

Seabed and Subsoil Underlying such Water, Continental Shelf, any Other Maritime Zone (Any Distance There)

latest answer

It means that soil under the sea is also part of India. Exclusive economic zone is upto 200 Nautical miles.

V Ajith Kumar

V Ajith Kumar

CA Inter

★ 2K+

2

423

Sec 52 uses of security premium

Corporate & Other Laws

answered on 26-Jul-24 20:56

According to section 52 security premium can only be used for the purpose mentioned therein which does not includes working capital requirements but many companies uses the proceeds of issue of share including premium for their working capital requirements how company do this

latest answer

Yes mam got it , sec 52 is only for the case where security premium ac is debited

Atharv Sankliya

Atharv Sankliya

CA Final

★ 3K+

9

2K+

MCQ doubt

AFM

answered on 25-Jul-24 11:23

Sir, international financial management MCQ 10...in case of issue price floatation cost is not considered in icai sm... should we consider it sir ?? Has icai wrongly computed the issue price?

latest answer

Thank you sir .

sai pramod

sai pramod

CA Final

★ 51K+

2

381

Probability

CFA

answered on 25-Jul-24 09:50

Please explain calculator functions for expected value,variance and S.D

latest answer

Pls go through calculator video in introduction modules

Swetha Saravanan

Swetha Saravanan

CFA L1

★ 0

1

369