Forums
Form 112 for articleship
Exams
answered on 15-Mar-24 18:06
I have completed my cma practical training before starting my ca articleship ,I want to write dec 24 cma final, should I disclose the facts about cma in my ca articleship form 112
latest answer
Yes. If and only, u have got permission from your principal to prepare for CMA as well.
mani charan
CA Final
★ 3K+
1
431
Investment valuations as per IND AS
Financial Reporting
answered on 13-Mar-24 09:06
From 1st April 2023 the Ind AS applicability for mutual funds came into force so for the mutual fund companies. Usually mutual fund companies value their investments at a fair value but as per Ind AS 40 investment properties cannot be valued using a revaluation model. So it is contradicting with each other so is there anything else I am missing here ?
latest answer
Hey Chirag, My bad! missed this basic note. Thanks Mate!!😁
Chandu vadla
CA Final
★ 11K+
2
357
Sec-47
Direct Taxation
answered on 18-Mar-24 18:46
Under the section 47 transfer of work is art, scientific archaeological, manuscripts, Books to govt, University, national museum is not considered as transfer Even if it transfer for consideration to govt is it exempted?
latest answer
Yes right.
Surya Prakash
CA Final
★ 19K+
1
335
Unexplained income
Direct Taxation
answered on 18-Mar-24 18:46
How they get ansr a . For me it is (145000-50000)*78%= 74100. Kindly consider my qstn and correct me if I'm wrong.
latest answer
It is two chains.
1 Minute Review
CA Inter
★ 405
5
343
Surcharge
Direct Taxation
answered on 18-Mar-24 18:47
For me it is ansr C Bt in the qstn bank it is B . Which one is correct? Nd Y?
latest answer
Right.
1 Minute Review
CA Inter
★ 405
5
383
Questions Complier
AFM
answered on 12-Mar-24 12:05
Sir, is the Indigo AFM Illustrations are enough for practise? or do we need to do any other papers also, apart from ICAI May 24 RTP, MTPs
latest answer
Enough
Chandu vadla
CA Final
★ 11K+
1
309
Exemption & deduction
Direct Taxation
answered on 18-Mar-24 18:47
How we treat the 3rd nd 4th point
latest answer
Refer Section 10(10D) and Section 10(12B)
1 Minute Review
CA Inter
★ 405
1
422
Basic concepts
Direct Taxation
answered on 22-Mar-24 18:13
Whether deductions under section 80 and other directions are available to LTCG112 , STCG 111A , Lottery income ? I tried to solve the qstn , bt I'm not clear abt the exact format. Kindly consider my qstn and correct me the wrong part.
latest answer
Welcome.
1 Minute Review
CA Inter
★ 405
13
369
business laws
Corporate & Other Laws
answered on 09-Apr-25 14:10
sir , if we made an agreement about that the price of rice is must be allocated as 30 per kg and it take place after ten days .... But after 10 days the price of the rice is 50 per kg .... here promisor must gave the rice as per agreement or it will treated as speculative transaction and can be void !!!
latest answer
This is not a speculative transaction, the agreement specifies the price and time frame as a result of which it has to be followed. Though the price has increased, the price agreed upon will be valid.
GNANESWAR BEHARA
CA Foundation
★ 0
2
177
Mutual Funds illustration 11
AFM
answered on 13-Mar-24 19:31
Sir , Here while calculating the Number of units can we assume the dividends are reinvested and arrive at a total number of units ?
latest answer
No. It depends on questions, where there a lot of computations where it is impossible to make computations without assuming that dividends are reinvested only there one should make such an assumption - especially of the period is less than a year and where do not specific that the dividends are reinvested in units one cannot make such assumptions
M Naresh
CA Final
★ 3K+
2
254