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Right which comes with Leasing - Capital Asset?
Direct Taxation
answered on 22-Mar-24 18:05
Hi sir, hope you're well. If capital assets include management/control rights, would the transfer of a long-term lease be considered transfer of capital asset? Thanks
latest answer
It basically means rights over capital asset.
Devaprasad Jothimani
CA Inter
★ 0
1
362
Standard costing
Costing
answered on 03-Apr-24 07:42
How in this question 4 units and 200 hours per worker but given in the question gang??
latest answer
Thanks a lot
Devisree
CMA Final
★ 0
7
465
NPV formula
Financial Management
answered on 21-Mar-24 14:17
NPV = PVCO - PVCI But, NPV @ 15% NPV = ICO + PVAF + PVTI Shouldn't this be NPV = ICO - PVAF + PVTI
latest answer
NPV = PVCI - PVCO. In the solution Initially i have mentioned as NPV = ICO + [PVAF x Annual CF] + [PVIF x TCI] But ideally it should have been expressed as NPV = (ICO) + [PVAF x Annual CF] + [PVIF x TCI] where ICO is subtracted. This i have mentioned while solving the problem. Please check the full video
Anand Mathew
CA Inter
★ 290
1
312
Employee gifts under GST
Indirect Taxation
answered on 25-Mar-24 12:27
Employer gifts of value more than Rs. 50,000 to his employee on his marriage. So will it be treated as supply under GST? Will the answer change if the same is provided on the employee's retirement function by the employee?
latest answer
It means it is part of business activity.
Chandu vadla
CA Final
★ 11K+
5
496
Internal reconstruction
Accountancy
answered on 24-Mar-24 19:10
Chapt 14 (Ill - 8) in this adjustment should we need to create a liability and then pay the amount and after receive the amount ?
latest answer
Yes
Mahthiya
CA Inter
★ 6K+
1
400
Forward and Futures price
AFM
answered on 21-Mar-24 10:12
What's the difference between forward price and future price with respect to this sum.
latest answer
Forward contracts are not traded on exchange where as futures can be
Mohanbabu N
CA Final
★ 3K+
1
255
Portfolio Management - Excel Workings/Answer
AFM
answered on 22-Mar-24 02:05
Hello team, For the Chapter - "Portfolio Management", The excel file seems to be missed out. One specific example in the P590, refers to the excel file for answers. Kindly upload the same. Or please share the final answer. Thank you in advance!
latest answer
Thank you so much sir
Susee Arunachalam
Qualified CA
★ 26K+
2
238
Variation in rights
Corporate & Other Laws
answered on 21-Mar-24 12:46
Mam in case if dividend is increased more than 12 % that time also special resolution is required
latest answer
Consent is required when rights are varied in adverse manner. If Dividend is increased, then resolution is not required. However, in exam please do mention full provision and then give your advise.
Lavanya royal Lovely
CA Inter
★ 150
1
219
Treasury and cash management
Financial Management
answered on 21-Mar-24 14:18
video no. 8, illustration-2 what is the answer for part b- statement of sources and uses of funds for the three months?
latest answer
please post the question & video link to understand the doubt clearly
Roobashree Rajagopal
CA Final
★ 1K+
1
459
Financial Statement Analysis - cash flow analysis II
CFA
answered on 22-Mar-24 11:49
Time stamp pertaining to the previous query ( why is expense as shown in income statement not considered while adjusting for non cash and non operating expenses) is at 09:50
latest answer
We have adjusted for non-cash items from P&L in the cash flow statement such as Depreciation. The other items under the expenses such as COGS, wages and interest are treated as operating cash items, therefore not reversed. With respect to interest expenses, there is a slight difference in treatment under IFRS and US GAAP. While IFRS has more flexibility to classify interest paid as either a operating activity or financing activity, US GAAP specify it to be classified as an operating activity. The example that is being discussed in the video is pertaining to US company, therefore we have not added back interest costs.
Vasudha TK
CFA L1
★ 70
2
479