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Illustration 12

Financial Reporting

answered on 17-Feb-24 15:13

Sir, In this particular Illustration the liability recognized for employee paid leaves if of entire accumulated leaves instead of expected leave utilisation ?

latest answer

Can you elaborate your doubt?

Vanacharla Sai Pavan Kumar

Vanacharla Sai Pavan Kumar

CA Final

8K+

1

299

Tcs

Indirect Taxation

answered on 25-Feb-24 18:32

Other than 9(5) service transaction done via e-commerce On that GST is not taxable ? Only TCS is collected ?

latest answer

Yes.

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

2K+

5

373

Financial instrument

Financial Reporting

answered on 16-Feb-24 09:55

Sir, Why do we have to calculate interest on unpaid interest in the year 5 in illustration 1 of Financial instrument scope & definition

latest answer

All calculations which are based on present values, future values or fair value is done using compound interest because Interest is earned on Interest. Similarly if you do not pay interest, the other party would want interest on that unpaid part. That is how loans etc are structured.

Ramamoorthy Kaliyaperumal

Ramamoorthy Kaliyaperumal

CA Inter

3K+

3

205

Registration of Changes SEC.25

Corporate & Other Laws

answered on 16-Feb-24 15:26

Should the partner inform LLP within 15 days or 30 days? Because in lectures it’s 15 days but in 1FIN Material it’s 30 days. Kindly clarify as soon as possible.

latest answer

Thank you Mam

Soon to be CA

Soon to be CA

CA Inter

4K+

9

185

Intangible asset

Financial Reporting

answered on 16-Feb-24 09:57

If tangible and intangible items are equally imp then it shd be considered as what ?

latest answer

You can try to segregate and if that's not possible based on management decision, we will choose which one is more dominant.

surya kumar

surya kumar

CA Final

2K+

1

315

Querrey

Exams

answered on 16-Feb-24 10:49

Do the cma foundation exam will be online or offline & When will the window of exam form registration will open

latest answer

The Institute exam of CMA Foundation is conducted 2 times in the year i.e. in the month of July as well as December. The examination is conducted in an offline mode.

Tom Cruise

Tom Cruise

CMA Foundation

0

1

372

TDS

Indirect Taxation

answered on 15-Feb-24 22:00

When we say value of supply exceeds rs250000 Does that only mean supplied to govt ? And not others ?

latest answer

Thank you

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

2K+

6

336

tally ERP 9.0

Others

answered on 16-Feb-24 11:40

is tally prime and tally ERP same?

latest answer

Sir

Harshavardini

Harshavardini

CA Inter

180

5

387

CSPL

Financial Reporting

answered on 17-Feb-24 15:13

In TYU-2 where that adjustment part of interim dividend gone?

latest answer

Since dividend declared by Subsidiary is 200000 and Holding / parent will receive 80% i.e 160000 Since it is declared by sub, it is eliminated.

Anurag Jha

Anurag Jha

ACCA Skill

0

1

332

Former Partner

Corporate & Other Laws

answered on 19-Feb-24 06:21

A third party being unaware that former partner is not a partner enters into an agreement with them. But it has already being filed with the registrar. In such case will the former partner be treated as partner or not?

latest answer

Okay Mam...Thank you

Soon to be CA

Soon to be CA

CA Inter

4K+

3

161