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Amount taken in Lakhs
AFM
answered on 25-Jul-24 20:18
Why the figures are taken in lakhs? Will the answer change if we consider the zeros?
latest answer
Answer will not change if you consider zeros. if you calculator permits use actual number else round off and multiply final answer with lakhs
Abhijith K B
CA Final
★ 5
1
312
Bonds - Semi Annual Interest
AFM
answered on 25-Jul-24 20:16
Illustration 17: Sir, in this case of semi annual interest, YTM and Realized yield is calculated w.r.t semi annual interest. For duration, the result is divided by 2 as it is obviously cannot be more than 5 years. Is semi - annual answer sufficient or we need to annualize YTM and Realized yield? And I think simply multiplying it with 2 wouldn't do.
latest answer
Semi annual answer is sufficient - certain measures need not be annualized because they are dependent on coupon frequency
Durai Murugan
CA Final
★ 470
1
422
amalgamation
Accountancy
answered on 26-Jul-24 16:15
in the example given in the video the agreed upon value of the selling company is different from agreed value of buying company?Can it be like that ?And if yes why?
latest answer
It is possible. Ultimately its agreed between two parties.
Niveta Rajkumar
CA Inter
★ 6K+
1
389
ICAI App
Others
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
CA Final
★ 685
2
377
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
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
CA Final
★ 2K+
1
381
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
CA Final
★ 3K+
1
457
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
CA Inter
★ 2K+
1
320
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
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
CA Inter
★ 2K+
2
424