powered by logo

Forums

Standards of Auditing

Auditing

answered on 18-Apr-24 22:32

For Audit , what are the applicable SA for may24.There are so many SA , it's not possible to do all of them. For exemption in audit, is it necessary to do all SA or not ?

latest answer

😀👍

pradyumna hariramani

pradyumna hariramani

CA Inter

290

15

405

Whether to complete all AS SERIES once then move to other chapters?

Accountancy

answered on 21-Apr-24 22:30

Sir Whether to complete all AS SERIES once then move to other chapters?

latest answer

Sure Sir,, Thank you..!

GOKUL KOLATE

GOKUL KOLATE

CA Inter

1K+

6

415

CTP implication in GTA

Indirect Taxation

answered on 22-Apr-24 09:17

Casual taxable person is coming under the definition of specified person. if GTA opts to pay GST @5%. Then how can CTP will be exempt as per the flow chart given?

latest answer

Unregistered CTP then only it is exempt. Kindly read the previous point above the table.

Chandu vadla

Chandu vadla

CA Final

11K+

1

396

Notes

Indirect Taxation

answered on 18-Apr-24 14:53

Sir I am not able to open the GST full notes sir?..can you please send me the pdf sir?..

latest answer

Refer this

shanthini hariharan

shanthini hariharan

CA Inter

10K+

1

442

As 1

Accountancy

answered on 22-Apr-24 15:26

What is the context of ICD here…what does that mean What is non provision interest ? Can someone explain this qsn in simple language..

latest answer

ICD - Any amount received by a company from another company falls under the category of ICDs. These are unsecured short-term loans provided by one corporation to another Non provision interest - Company is not paying interest

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

2K+

1

318

As1

Accountancy

answered on 03-May-24 11:12

If there is permanent reduction Then it should go to pl Why provision created ?

latest answer

here provision means that only.

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

2K+

3

363

As1

Accountancy

answered on 18-Apr-24 19:09

How is profit reduced ? If cost is reduced then profit is increased

latest answer

Thank you…. U explain good

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

2K+

4

306

Ind AS 12 Illustration 6

Financial Reporting

answered on 24-Apr-24 14:26

In this question I can understand calculation of difference between fair value and carrying amount. But Tax base of assets and liabilities is not given. When tax base is not given how to decide is it DTA or DTL

latest answer

Carrying amount is assumed to be the tax base.

swaminathan sundaram

swaminathan sundaram

CA Final

110

1

272

Which option is correct Madam. A? or D?

Auditing

answered on 18-Apr-24 09:07

Institute has given option A as answer at one place whereas D in another. Also please do share the reason behind the answer Madam.

latest answer

Thanks Madam

Dheebhan Mahalingam T

Dheebhan Mahalingam T

CA Final

21K+

3

433

Book value after merger

AFM

answered on 18-Apr-24 06:28

Sir we are issuing 1.48L shares for target co @ Fv of ₹100 each then how can we add directly add Share Capital as 200+100=300 and R&S as 900+600=1500. We have already issued 1.48L shares means SC should 3.48*100=348 instead of 300 please clarify sir

latest answer

Ok 👍 sir got it

kabilan sam

kabilan sam

CA Inter

3K+

2

339