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Unhedged portion

AFM

answered on 11-Jun-24 11:37

Hi sir, In this question for unhedged portion in options, we considered spot instead of forward. So if they did not say anything wrt to unhedged portion should we take which ever is beneficial to us ?

latest answer

If something is unhedged it means it is open and no derivative contract has been entered into for this quantum of exposure. Hence you have to necessarily take due date spot for unhedged exposure

B. Dinesh

B. Dinesh

CA Final

3K+

1

409

illustration 7 and 8

Financial Reporting

answered on 14-Jun-24 10:45

In module illusn 7 - exchange loss on purchase is being recorded in CFS, while in question 8 there's no such mention of recoding of exchange loss why so? Please explain

latest answer

The purchase is made in Euro's in second case so the buyer will not have any loss.

Priyanka Udeshi

Priyanka Udeshi

CFA L1

14K+

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316

Proportions

Maths & Stats

answered on 11-Jun-24 09:18

Please help me to solve this question. The answer is option (a)

latest answer

After substituting the values you will get 2 + 1/2 By adding that you will get 5/2

Aamina Muneera

Aamina Muneera

CA Foundation

1K+

2

306

Proportions

Maths & Stats

answered on 11-Jun-24 09:10

Can anyone help me by answering this question?

latest answer

We can adjust both ratios so that B equals 6 parts in both cases Multiply A:B with 3 Multiply B:C with 2 Ans: 9:6:10

Aamina Muneera

Aamina Muneera

CA Foundation

1K+

1

306

Customer list treated as Intangible assets

Financial Reporting

answered on 14-Jun-24 10:46

Here, Zee India Limited do not have any control over its customer. Then how shall it be treated as Intangible Assets ?

latest answer

If they have opportunity to monetise it. Also it is included along with website.

Swathi S

Swathi S

CA Final

975

1

246

GSTR 8

Indirect Taxation

answered on 11-Jun-24 12:48

If I'm e commerce operator of Tamilnadu, can i file gstr8 tcs return of my supplier located in other states

latest answer

Yes you can. Purpose of GSTR 8 is to report the sales made through ECO by various suppliers. Department will match them with GSTR 1 filed by respective suppliers.

Sruthi sruthi

Sruthi sruthi

CA Final

640

3

394

Salary

Direct Taxation

answered on 13-Jun-24 09:47

Pension topic I already raised 1 query sir that cont... in book uncommuted pension calculation why they give 5000×40%*2 months As u said in ur example left 1 month is there Why don't they put 1month there sir ?

latest answer

Thank you so much sir 🙏 clearly understood

dhivya annam

dhivya annam

CA Inter

1K+

5

262

Salary topic

Direct Taxation

answered on 11-Jun-24 14:23

Pension first illustration sir ...in that working why u put 1 month directly u put 25000*40%

latest answer

Ok sir

dhivya annam

dhivya annam

CA Inter

1K+

2

236

Securitization Trust

AFM

answered on 10-Jun-24 18:55

Sir, what we learn about Securitization Trust in Income tax act will be same as Securitization in AFM or there is difference??

latest answer

Ok sir my doubt clarified in 4th video

Surya Prakash

Surya Prakash

CA Final

19K+

3

391

Call option/ put option

AFM

answered on 10-Jun-24 15:23

Hi sir, Base currency of which quote we should consider for deciding the call/put option ? If they would have gave spot in USD/CAD and strike prices in CAD/USD, which quote we should consider to decide call/put option ? Is it spot quote or strike price quote ?

latest answer

Spot and strike prices are given in same currency. Option premia is always quoted in quote currency only. Pls check NSE website - for USD INR 83 or 84 or 85 The premia is quoted in INR only a we are agreeing to buy and sell a dollar at 83 or 84 or 85 https://www.nseindia.com/option-chain?type=currency

B. Dinesh

B. Dinesh

CA Final

3K+

1

426