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Date of Payment for Supply of Service from Associate Enterprise Outside India
Indirect Taxation
answered on 15-Feb-24 19:21
Hi sir, hope you're well. Time of supply with respect to services from foreign associate enterprises, is the earliest of entry in BOA or date of payment. My doubt is, what is 'date of payment' here? Is it also the earlier of payment date as entered in recipient's BOA or date on which payment is debited in recipient's bank account? Thanks
latest answer
Right.
Devaprasad Jothimani
CA Inter
★ 0
2
402
Inventory Holding Greater than 12Months
Financial Reporting
answered on 14-Feb-24 17:29
Sir, Why Inventory Holding greater than 12m is classified as Current assets only In E-Lecture it is said that If Inventory holding is 15m then operating cycle is greater than 15m it is very confusing to interpret the line please explain?
latest answer
Yes sir
Surya Prakash
CA Final
★ 19K+
6
400
consolidation FS
Financial Reporting
answered on 14-Feb-24 13:09
IN LEC 11 , TYU-5 in goodwill calculation where the 25% came from at no. of share part ?
latest answer
Company P acquired 75% of shares . The FV of NCI is calculated for only 25% of shares which is not holding by company P
Anurag Jha
ACCA Skill
★ 0
1
341
Capital Budgeting
Financial Management
answered on 14-Feb-24 14:43
In this problem for 3-5 years and 6-8 years... The fixed cost should be ₹16,00,000*3=₹48,00,000 for the periods right?
latest answer
The admin here requested me to not to reply as a gist. I accepted that since it's about students. I'm UK CA and excited about cracking Indas and As.
Satha Sivam
CA Final
★ 6K+
6
351
IND AS 103
Financial Reporting
answered on 17-Feb-24 15:25
Sir, in case if the acquisition of shell company which does not have any integrated set of activities and assets and thereby not constituting as business. Still do we have to consolidate it ?
latest answer
For shell company, it will be treated as incorporation of a new entity rather than acquisition of business. Principles of consolidation would apply
Swathi Krishna
CA Final
★ 8K+
4
452
Audit strategy audit planning audit programme
Auditing
answered on 13-Feb-24 18:21
Can any one explain 3rd point in a simple English
latest answer
Thank you bajaj garu
Mr M
CA Final
★ 3K+
2
406
What is the study approach for practical and theory subjects
Maths & Stats
answered on 16-Feb-24 10:33
I am a CA foundation student I have a query whether it is necessary to READ modules in practical subjects like mathematics or not. WHAT IS THE RIGHT APPROACH FOR THEORY SUBJECT AND PRACTICAL SUBJECT PLEASE GUIDE ME STEP BY STEP
latest answer
Practical subjects - definitely go through icai material - pls solve all questions from icai material theory as well as practical - pls go through classes, make own notes and solve all probelms - in addition attempt 3-4 mocks before exams
Ab Devliear
CA Foundation
★ 3K+
1
378
Cost sheet
Costing
asked on 13-Feb-24 15:54
Why there is no per unit cost for closing stock of finished goods?
latest answer
No answers yet!!
jasmin ameena
CMA Inter
★ 5K+
0
161
Derivatives - Illustration 18
AFM
answered on 13-Feb-24 20:35
While calculating future why didn't they adjust the time factor for the yield. They hv deducted 13800*4.8%*50% instead of 13800*4.8%*6/12*50%
latest answer
Entire index stocks pay 4.8% in a year half of these stocks pay in next 6 months and bal 50% in 6 months after that WE know payment is made is 6 months not the exact date of payment
Preethi Yerramsetti
CA Final
★ 0
1
152
Exam form
Exams
answered on 13-Feb-24 13:25
I cleared group 1inter in old syllabus. For may 24 while filling exam form do I have to select unit 2D or group 2
latest answer
Thanku sir
Muthu Rahul
CA Inter
★ 0
4
380