Forums
AS 7 Construction Contract
Accountancy
answered on 07-Feb-24 10:31
How is it 20% instead of 25%? Will it affect the further doing of the problem as shown?
latest answer
OK sir thank you
Sujitha M
CA Inter
★ 1K+
2
383
Financial instruments-Illustration 1
Financial Reporting
answered on 03-Dec-24 01:24
Can I understand this illustration as follows:- for the borrowing made by the company it did not pay any interest till the end of 5th year. At the end of the fifth year the amount payable by the A ltd is 10 lacs principal and simple interest(assumed) is 6 lacs, for which the company defaulted. So the lendor has rescheduled the payment as said in the illustration. And the lendor has asked to pay 13 lacs instead of 16 lacs as one time settlement. Is it possible like this?
latest answer
This is how it should be done
Jagadeesh Kunapareddy
CA Final
★ 6K+
3
393
Form 103 not approved
Others
answered on 05-Mar-24 20:38
recently submitted form 103 late but all the documents asked in RO LEVEL have been uploaded and approved the same by RO, Present status shows in my SSP PORTAL LOGIN "SENT TO MSSO" the last few weeks have shown this same status.. sir I need to submit form 108 also for completion of articles ,if form 103 is approved than only I can able to submit form 108 . I have paid 10,000 condonation fees regards form 103,my articles completed in sept 2023 if I submitted form 108 also late than another 10,000 fees need to pay. I am from poor financial background and father was died and mother worked as sweeper in local private school. Please help in this issue ,any contact or mail related to MSSO Please provide sir I will send the request to them also. Call to ICAI HELPLINE ALSO MORE THAN 50 TIMES AND I raised ssp TICKETS more than 10 times.. And they replied ""pls wait ..pls wait untill approval.."" It's almost 4 months completed but problem not resolved
latest answer
No sir still not approved..show same status as SENT TO MSSO BY RO
PHANINDRA PASUMARTHI
CA Inter
★ 105
2
618
Articleship not approved
Exams
answered on 17-Feb-25 16:36
recently submitted form 103 late but all the documents asked in RO LEVEL have been uploaded and approved the same by RO, Present status shows in my SSP PORTAL LOGIN "SENT TO MSSO" the last few weeks have shown this same status.. sir I need to submit form 108 also for completion of articles ,if form 103 is approved than only I can able to submit form 108 . I have paid 10,000 condonation fees regards form 103,my articles completed in sept 2023 if I submitted form 108 also late than another 10,000 fees need to pay. I am from poor financial background and father was died and mother worked as sweeper in local private school. Please help in this issue ,any contact or mail related to MSSO Please provide sir I will send the request to them also. Call to ICAI HELPLINE ALSO MORE THAN 50 TIMES AND I raised ssp TICKETS more than 10 times.. And they replied ""pls wait ..pls wait untill approval.."" It's almost 4 months completed but problem not resolved
latest answer
Hey , I am also facing same issue. Can you please help .
PHANINDRA PASUMARTHI
CA Inter
★ 105
4
1K+
Advanced Capital Budgeting
AFM
answered on 06-Feb-24 21:09
Sir, tyk 8 part (i) can I present my answer like this. If I present like this, there will be difference in my answer in reference to that icai's answer of Rs. 44.48. is that okay. Please tell me whether this is correct?
latest answer
technically right - but you will not get marks if you do not write proper steps for evaluator to understand
Swathi Krishna
CA Final
★ 8K+
2
374
Inventory Taking
Accountancy
answered on 07-Feb-24 11:03
Adjustment (v) mai problem hai sir
latest answer
You should not include in sales. Add cost to inventory.
Rupesh Kumar
CA Foundation
★ 310
1
356
Sec 52
Corporate & Other Laws
answered on 06-Feb-24 18:55
Could someone please Explain the bracket point?
latest answer
It means that security premium account will be treated as part of paid up share capital of company for the understanding of section relating to reduction of share capital (covered in Section 66).
07- Issac Jolly-XII C
CA Inter
★ 16K+
1
342
effect of memo & articles sec.10
Corporate & Other Laws
answered on 06-Feb-24 16:34
are the members liable to each other at the time of winding up in case of a private ltd. & public ltd. ?
latest answer
Members are not liable to each other at winding up. They are liable to company only upto the extend of unpaid nominal value of shares.
Harshavardini
CA Inter
★ 180
1
330
SA 315
Auditing
answered on 03-Jul-25 11:50
i couldn't understand actually what assertion level means and i can't be able to differentiate between assertion level and financial level.Because usually a mistake will have a wide spread impact in fiancial statement right?
latest answer
There are multiple assets in the organisation. Depreciation in p and L is cumulative number of all assets together. So we can precisely say it will affect account balance. Other factors also will matter in the situation, depending upon materiality of the subject matter .
Satha Sivam
CA Final
★ 6K+
4
357
Query related to new scheme
Others
answered on 06-Feb-24 11:33
If someone passed only group 2 in old scheme and no exemptions in group 1 subjects , then what papers they should write in new scheme ?
latest answer
Law tax and audit
Tharun Guntupalli
CA Final
★ 3K+
7
320