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Capital structure
Financial Management
answered on 23-Apr-24 15:50
In this sum the mentioned it as Vf then why it is considered it as Ve If we take it is Vf then 350 will be the EBIT Please explain
latest answer
Could you please be clear and specific in asking the question
Sruthi sruthi
CMA Inter
★ 640
1
282
Marginal costing
Costing
answered on 21-Apr-24 17:39
Pls solve anyone in marginal costing pls anyone
latest answer
Okay got it, answer did small error while caluclating, but pls answer if i ask doubts because iam self learning student pls,
Bhuvan Bhaskar
CMA Inter
★ 2K+
1
354
IND AS116
Financial Reporting
answered on 21-Apr-24 19:14
Sir in leases if question did not tell about payment date like beginning or end what we generally take
latest answer
End.
Ravi Teja
CA Final
★ 20
1
232
Unlisted company issues
Corporate & Other Laws
answered on 22-Apr-24 09:18
How unlisted companies issue securities without listed in stock exchange? In previous videos you said 'a company cannot issue any securities without listed in stock exchange'.
latest answer
An unlisted security is a financial instrument that is not traded on a formal exchange because it does not meet listing requirements. Trading of unlisted securities is done on the over-the-counter (OTC) market and they are often called OTC securities, market makers, or dealers
Ajaykumar Parit
CA Inter
★ 815
1
357
Sale of goods act
Corporate & Other Laws
answered on 21-Apr-24 17:37
What is a symbolic delivery...?
latest answer
It is a type of delivery where something is given as a token of delivery and it will constitute delivery of the goods. For example, in case of sale of car the keys of the car are given as delivery which is a symbolic delivery.
Hitesh Kumar
CA Foundation
★ 0
1
181
Ca inter
Accountancy
answered on 21-Apr-24 19:18
Amalgmation page no13.78 in Q.13 while calculating capital employed ,effect of mutual owing has not been taken but in calculating net asset that effect is taken??
latest answer
Pls share the question as well.
Pooja Chavan
CA Inter
★ 0
1
346
Illustration 13- IND AS 21
Financial Reporting
answered on 21-Apr-24 19:16
In this question it is mentioned that cumulative exchange difference attributed to NCI in FCTR = 20. So shouldn't NCI balance of date of derecognition be - 100 + 20=120 and 120 should be derecognized as NCI ?
latest answer
Net Assets already represent that indirectly. YOu will understand after you complete consolidation.
Bhoomi Makhecha
CA Final
★ 35
1
255
Pgbp
Direct Taxation
answered on 22-Apr-24 09:29
Mrs. Bhawna, wife of Mr. Sonu, is a partner in a firm. Her capital contribution of ₹ 10 lakhs to the firm as on 31.3.2021 included ₹ 6 lakhs contributed out of gift received from Sonu. On 1.4.2021, she further invested ₹ 2 lakh out of gift received from Sonu. The firm paid interest on capital of ₹ 1,20,000 and share of profit of ₹ 1,00,000 during the F.Y.2021-22. The entire interest has been allowed as deduction in the hands of the firm. Which of the following statements is correct? (a) Share of profit is exempt but interest on capital is taxable in the hands of M₹ Bhawna (b) Share of profit is exempt but interest of ₹ 80,000 is includible in the income of Mr. Sonu and interest of ₹ 40,000 is includible in the income of M₹ Bhawna (c) Share of profit is exempt but interest of ₹ 72,000 is includible in the income of Mr. Sonu and interest of ₹ 48,000 is includible in the income of M₹ Bhawna (d) Share of profit to the extent of Rs 60,000 and interest on capital to the extent of ₹ 72,000 is includible in the hands of Mr. Sonu
latest answer
Right.
Shruthi Nachammai
CA Inter
★ 4K+
5
1K+
Pgbp
Direct Taxation
answered on 22-Apr-24 09:55
Mr. Shahid, a wholesale supplier of dyes, provides you with the details of the following cash payments he made throughout the year – - 12.06.2018: loan repayment of ₹ 27,000 taken for business purpose from his friend Kunal. The repayment also includes interest of ₹ 5,000. - 19.08.2018: Portable dye machinery purchased for ₹ 15,000. The payment was made in cash in three weekly instalments. - 26.01.2019: Payment of ₹ 10,000 made to electrician due to unforeseen electric circuit at shop - 28.02.2019: Purchases made from unregistered dealer for ₹ 13,500 What will be disallowance under 40A (3), if any, if Mr. Shahid opts to declare his income as per the provisions of section 44AD?
latest answer
Ok tnku sir
Shruthi Nachammai
CA Inter
★ 4K+
2
1K+
Pgbp
Direct Taxation
answered on 22-Apr-24 09:30
is a working partner in a firm on behalf of his HUF and the HUF has contributed ₹3,00,000 as its capital contribution. Apart from this, K has given a loan of ₹ 50,000 to the firm in his individual capacity. The firm pays interest as per market rate of 15% per annum on capital as well as loan. Compute the amount of interest that shall be allowed to the firm while calculating its business income assuming that the interest is authorized by the partnership deed.
latest answer
Limits will apply only for interest paid to partner and not when paid to other person.
Shruthi Nachammai
CA Inter
★ 4K+
1
337