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Acccounting for operating lease

Accountancy

answered on 26-Jan-24 16:32

how the npv 10 % is calculated

latest answer

Using the concept of IRR

Vijay Ajith

Vijay Ajith

CA Inter

4K+

1

310

Residential status

Direct Taxation

answered on 28-Jan-24 18:01

I think citizenship is not a matter in. Determining residential status.Is it right or not ? How can we present this ansr in exams in a proper way on the basis of section. Kindly advise me

latest answer

It is working now. Please retry.

1 Minute Review

1 Minute Review

CA Inter

405

6

397

Residential status

Direct Taxation

answered on 23-Jan-24 12:56

Where will I get answers to questions provided in material provided by 1fin ? Is there any pdf available

latest answer

Extra questions in material is for self practice. Do practice them. Any doubts you can ask in forums.

1 Minute Review

1 Minute Review

CA Inter

405

2

359

Conversion laste date

Others

answered on 21-Jan-24 08:55

Sir, when is the last date for conversion of course from old to new?

latest answer

Many had issues in automatic conversion, hence you should manually convert

Abhirami Mohan K

Abhirami Mohan K

CA Inter

0

7

382

Advance cap bud - ill 18

AFM

answered on 20-Jan-24 21:07

Didnt understatnd the logic of adj with cost of capital 6% as (1/(1.06)^2,(1/(1.06)^4,(1/(1.06)^6),

latest answer

It is known as hiller's method. Have not seen it being used anywhere practically. For icai exam purpose our explanation is sufficient - from a real world perspective not really sure if it is useful at all

Devika Viswanathan

Devika Viswanathan

CA Final

9K+

1

196

Conversion

Others

answered on 23-Jan-24 11:43

I converted Ca intermediate through direct entry from Ca foundation. I have received confirmation mail also. When I tried to login in ICAI BOS APP the app shows the selected course does not match the data. If I selected the foundation it's logging in and when I selected the intermediate it's not logged in. Please can anyone tell me how to convert it.

latest answer

Thank you , SIR

RAJIV CHINTHA

RAJIV CHINTHA

CA Inter

3K+

2

470

Capital gain

Direct Taxation

answered on 23-Jan-24 11:57

Purchased 1/4/96 = 120000 Improvement 1/7/98 = 25000 FMV 14/01 = 115000 Cost of acquisition = 120000+25000 OR 115000 ?

latest answer

** shouldn't be more than SDV

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

2K+

7

369

Missing content

Auditing

answered on 20-Jan-24 06:16

Audit Programme and Bank Audit portion is not available..where it is available??

latest answer

Audit program will be updated next week

HARI PRIYA

HARI PRIYA

CA Final

0

1

164

Prospects

Corporate & Other Laws

answered on 20-Jan-24 20:54

Abridged prospects should we study or is it removed from syllabus Ca-inter

latest answer

It is covered in new syllabus & must be studied

Bharath S

Bharath S

CA Inter

120

1

430

Futures and Delivery

AFM

answered on 20-Jan-24 06:06

Sir in this particular question whyn't the seller of the future ask the buyer to take delivery (since spot is lower then futures price)

latest answer

Futures are typically net settlement & forwards are delivery based - rare exceptions exist. In this case we assume it is normal futures transaction & hence net settlement & hence delivery cannot be made

Vanacharla Sai Pavan Kumar

Vanacharla Sai Pavan Kumar

CA Final

8K+

1

341