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Special aspects of Ind AS 2

Financial Reporting

answered on 16-Mar-24 10:36

Whether the agriculture producer valuing rice at NRV which includes Profit portion is right?

latest answer

Yes. this is covered under Ind AS 41.

Kavin Cj

Kavin Cj

CA Final

0

1

161

Pre construction

Direct Taxation

answered on 18-Mar-24 18:41

Please tell me how this is possible

latest answer

Solve and share your answer.

niriksha jain

niriksha jain

CA Inter

32K+

2

323

Can inter

Auditing

answered on 15-Mar-24 10:06

Friends please any one suggest me a chart book for ca inter audit

latest answer

Yes I am going through chapter wise like First read icai book twise Later practice all questions in icai After that I have to read all the chapter once again this is taking lot of time Hence iam going through chart book Please help me with this bajaj garu

Mr M

Mr M

CA Final

3K+

2

369

As per SEC 139(1)

Direct Taxation

answered on 18-Mar-24 18:44

DUE DATES are only in july,october,nov ; then in example how did we get PQR Ltd due date is sept.

latest answer

That is just example. It is always July or October or November

Satya Reddy

Satya Reddy

CMA Final

1K+

1

221

Advanced Capital Budgeting

AFM

answered on 15-Mar-24 10:46

Hello Sir, In this problem, why are we dividing by the discounting rate if the variances are additive

latest answer

This method is used only when specific text like expected value of distribution etc are used. In last part we are adding variances but PV of variances- Hillers method is a formula given in ICAI - i did search about it in a few places but could not locate any literature - i have not seen anyone use it practically also

Suresh Avinash

Suresh Avinash

CA Final

3K+

1

364

Sec 2(15) Charitable means

Direct Taxation

answered on 18-Mar-24 18:44

Can anyone explain and give example of Advancement of any other object of General Public Utility

latest answer

Right.

Pavann Reddy

Pavann Reddy

CA Final

31K+

3

320

As 16

Accountancy

answered on 19-Mar-24 15:42

Illustration 6 the answer and method in book is different which one to follow?

latest answer

1Fin book or ICAI Book?

19UCBI006 AYSHA RISALA J

19UCBI006 AYSHA RISALA J

CA Inter

0

1

332

Regarding dividend

AFM

answered on 22-Mar-24 17:29

Sir My understanding: We subtract dividend from spot + coc. ( ie spot added with cost of capital) bec the future holder will not get the dividend. So 1)if dividend is paid on last date of future, we can subtract directly the given amount of dividend because we are subtracting from future value(apple to apple comparison). But 2) If dividend is paid immediately then we should subtract the dividend amount and "dividend*Cost of capital%*remaining months/12" because investment is reduced after issuing dividend, so future period cost of carry of the reduced amt also need to be reduced. My doubt : In this sum, point 1) of my understanding's reverse position is there. Ie) dividend declared immediately so directly subtract from futures value.

latest answer

Made the correction in video - thanks for highlighting

Mugilan Poonkundran

Mugilan Poonkundran

CA Final

0

2

261

Retrenchment Compensation Limit

Direct Taxation

answered on 18-Mar-24 18:45

Hi sir, hope you're well. For exemption regarding retrenchment compensation, said limits won't apply where compensation is paid by scheme approved by CG for giving special protection to workmen in certain circumstances. Does this mean that in such case, unlimited amount of retrenchment compensation can be exempted? Since the law states that above limit won't apply. Thanks

latest answer

Right.

Devaprasad Jothimani

Devaprasad Jothimani

CA Inter

0

2

411

Derivatives - value of option

AFM

answered on 14-Mar-24 15:43

While calculating value of option at maturity should we reduce the premium paid ?

latest answer

No.

Enuguru Sai Nithin

Enuguru Sai Nithin

CA Final

78K+

1

290