Forums
Indian judicial system
Corporate & Other Laws
answered on 14-Jun-24 08:57
Is there any common difference between writ petition and appeal?
latest answer
Appeal: A petition to a higher court by a party seeking to overturn a lower court's ruling. Writ: A directive from a higher court ordering a lower court or government official to take a specific action in accordance with the law.
Aamina Muneera
CA Foundation
★ 1K+
1
377
Cancellation of forward from bank's perspective
AFM
answered on 14-Jun-24 05:21
Hi sir, Can i solve the part B by assuming ' i will instruct to bank to cancel the 2 month forward on day 0 itself'. Then bank will cancel the forward by charging us the money, the cancellation charges will be same i.e. 45,000 . But we will pay this on day 0 itself. So we should calculate interest for 3 months for cash flow purpose. Is this approach correct sir ?
latest answer
You cannot give instructions for future cancellations Cancel today or cancel in future If u cancel today, then today’s rate is applicable
B. Dinesh
CA Final
★ 3K+
3
473
foundation exam
Economics
answered on 13-Jun-24 18:19
a day before exam can we just glance the notes given by you for all the chapters ? will we get idea by reading your notes ? whether all the important points are given in the notes ?
latest answer
Thanks
Bharavi Kothari
CA Foundation
★ 20K+
2
227
doubt with regards to tax computation method
Direct Taxation
answered on 19-Jun-24 17:24
If question remains silent about method of taxation we should assume it to be calculated as per sec 115BAC. why did we calculate as per optional tax regime
latest answer
It is just an assumption what we have taken while solving problems.
Sravani Tutta
CA Inter
★ 2K+
1
334
Time of supply - Voucher
Indirect Taxation
answered on 19-Jun-24 17:26
What if the Identifiable voucher is dated 01/01/2024 but the voucher is redeemed on 25th of February? As Due for payment is on 20/02/2024.
latest answer
Once the time of supply is determined, then the due date for payment of tax shall be 20th of next month. Thats it. No other option.
Priyanga K
CA Inter
★ 985
3
600
Earning Per Share
Financial Reporting
answered on 18-Jun-24 10:38
I am attaching question and JV entry for the same. Can you please check the same. If my JV is wrong can you send rectified JV
latest answer
no.
swaminathan sundaram
CA Final
★ 110
3
284
Indices
Maths & Stats
answered on 18-Jun-24 14:39
Exercise 1(C) question no. 18, in the pdf the power value is 3/2 but in the text book it is 2/3.
latest answer
Here is right solution
Aamina Muneera
CA Foundation
★ 1K+
3
514
Correlation and regression
Maths & Stats
answered on 17-Jun-24 21:35
Page no 17.56 extra question no 42
latest answer
Answer is D because we need 2 equations to determine which is X on Y and Y on X.
Bharavi Kothari
CA Foundation
★ 20K+
6
354
Embedded Derivative illustrations
Financial Reporting
answered on 17-Jun-24 12:04
In the illustration Non of the company has entered into any forward contract. It’s kinda notional and revaluation of the liability and asset basis the Forward rate. Please confirm my understanding
latest answer
Cleared sir. Thank you
Chandan Subudhi
CA Final
★ 12K+
4
359
Exam questions?
Costing
answered on 12-Jun-24 23:38
Does it come in ca inter exam Fifi Lifo
latest answer
Yes
_00jA
CA Inter
★ 5K+
2
368