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Advanced ITT and Orientation

Others

answered on 19-Jan-24 11:06

Sir, I joined my articleship on Feb 1st, 2023. I cleared my CA Inter Group 2 in Nov 2023 attempt. I want to take Advanced ITT and Orientation Right Way. My batch, if i take it, will start this week. Is it possible to enroll in the batch since I am still in my first year of the Articleship? Or There are no such restrictions. It doesn't matter when you will take advanced ITT Orientation. Please help me at your earliest convenience. I am also doing CFA, I didn't want NOT completing ITT, and orientation would be a burden later for me because I intend to join Industrial Training. Please help me as fast as possible. Am I eligible to take Advanced ITT and Orientation ? Thank you.

latest answer

welcome

Annapureddy Veera Mohan Reddy

Annapureddy Veera Mohan Reddy

CA Final

6K+

3

648

Ind As 2

Financial Reporting

answered on 19-Jan-24 11:20

From where 10,200 units came, in problem purchased units were 10,000

latest answer

10,200 units are produced Units of RM consumed = op + pur - closing = 1100+10000-900 = 10,200

Kumar G

Kumar G

CA Final

12K+

2

315

Impairment for individual assets

Financial Reporting

answered on 19-Jan-24 11:04

Sir, please define what is OCI? In lecture what I understood is 1)If Revaluation Surplus exist, we should charge to extent it is there 2)if revaluation surplus not sufficient, use for extent it is sufficient and charge remaining to P/L a/c Pls define below pic

latest answer

OCI is other comprehensive income. Some items are not recognised in income statement and are recognised in OCI. For e.g Revaluation Surplus.

Surya Prakash

Surya Prakash

CA Final

19K+

1

339

why isn't depreciation not included in the operating cost?

Financial Management

answered on 19-Jan-24 15:21

in an earlier question depreciation was already included in operating cost , so is this on assumption basis?

latest answer

Usually not included in operating cost especially in NPV decisions

Sruthika K.S

Sruthika K.S

CA Inter

0

1

194

May 24 exams

Exams

answered on 19-Jan-24 07:48

For Inter there is any negative marks for MCQ and case studies

latest answer

No

Elavarasi B

Elavarasi B

CA Inter

46K+

2

491

Set off and carry forward of losses

Direct Taxation

answered on 19-Jan-24 16:50

In this Long term capital loss under section 112 A is taxable the amt exceeding ₹100000 at 10% right..then here only ₹200 as to be deducted and net of capital gain should be124800 right ..why ₹102000 is deducted from income from capital gain

latest answer

Actually long term capital (gain) is taxable 100000 exceeding 10% not the loss. Loss in not taxable, loss should be set off against gain and then the balance gain left (if any ) will be taxable according to provision 1L excess 10%

Lavi Lavanya

Lavi Lavanya

CA Inter

6K+

1

412

Classe

Direct Taxation

answered on 23-Jan-24 09:59

Sir income tax classes are fully available now or still some classes will be added?

latest answer

There are few more videos to be uploaded.

HariPriya C

HariPriya C

CA Final

3K+

4

386

Form 112

Others

answered on 18-Jan-24 18:59

Sir , I am doing CA Articleship and I want to do CMA Final , do I require to file Form 112 ?

latest answer

Yea

Sai Vema

Sai Vema

CA Final

108K+

1

352

Cash and Cash equ.

Financial Reporting

answered on 19-Jan-24 12:56

Whether the cash and cash equivalent is Rs.50l or Rs.51l?

latest answer

51l

shamanth rm

shamanth rm

CA Final

2K+

1

301

Self based online modules for May 2024

Others

answered on 18-Jan-24 19:35

I have registered for CA Final in new scheme and planning to appear in May 2024 attempt.whether self based modules of Set A and B can be completed after may attempt.Is this exemption of self based modules for may 2024 is also applicable for students registered directly in new scheme also?

latest answer

Ok Thank you

Guru aravindh s

Guru aravindh s

CA Final

6K+

2

419