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Security Valuation

AFM

answered on 20-Feb-24 09:47

Sir, in case of question which require the application of IRR, will the rates be ?

latest answer

Yes try 10 % first and then try a couple of more variations

Swathi Krishna

Swathi Krishna

CA Final

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RTP, MTP

Indirect Taxation

answered on 18-Feb-24 10:51

Why there is no RTP, MTP questions is posted of this chapter

latest answer

Will arrange for more questions.

07- Issac Jolly-XII C

07- Issac Jolly-XII C

CA Inter

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437

Financial instruments

Financial Reporting

answered on 20-Feb-24 19:08

Sir,when interest freeloan or security deposit given,we are recognising at fair value,we are recognising interest.which is income.does it leads to tax,with out realising income we are paying tax

latest answer

For taxation, you will follow tax rules. For e.g in case of related party transaction, you may apply 40A(2) for example.

SivaGanesh Arudala

SivaGanesh Arudala

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237

Consolidated Financial Statements

Financial Reporting

answered on 20-Feb-24 22:54

In the last 2 exception (from preparing Consolidated Financial Statements) for Investment Entity and Trust Created for Employee Benefit Purposes, Will their assets and Liabilities be included in Parent's CFS?

latest answer

Okay sir thank you so much

Susee Arunachalam

Susee Arunachalam

Qualified CA

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rebate

Direct Taxation

answered on 18-Feb-24 10:31

rebate is not explained but faculty is saying like already discussed .

latest answer

Please watch Video No 30 first.

Santhosh S

Santhosh S

CA Inter

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266

Calculation of portfolio risk

AFM

answered on 18-Feb-24 10:24

Is there any calculation mistake in the illustration 5 (T590 compiler) - Portfolio Management? Portfolio variance for me comes to 99.45 & risk to 9.97 but in answer it shows variance as 88.89 & risk as 9.43

latest answer

You are right - had modified the video had not yet updated the compiler - will be updating the compiler in next version sometime next week

VISAAGAN R

VISAAGAN R

CA Final

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Example

Financial Reporting

answered on 17-Feb-24 21:49

Sir, You taken example that for checking Applicabilty of IND-AS for Indigo learn for FY-06-07 we check networth on as 31/3/2006 if it exceeds limit then we apply Ind AS My Doubt is Based on Previous Year Networth caluclation current year IND AS applied ,so it will apply for life time (or) we must criteria everytime?

latest answer

Life time

Surya Prakash

Surya Prakash

CA Final

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Interest rate risk

AFM

answered on 17-Feb-24 22:10

When the libor rate becomes 8.65 percent isn't that the rate when the bank will be receiving Rs.3833/- I e the compensation given by the other party... Why are we not considering that.. can't we adjust that as well against the interest?

latest answer

Bank has given a loan as libor + 2%, it will receive all payments from borrower as per that loan agreement if Libor is 8.65 then it will receive 10.65% if L is 4% then bank will receive 6% ( libor + 2) Floorlet is another agreement between 3rd party and the bank - if interest rate falls below 8.5% the 3rd party will pay bank the money Both these agreement s are with 2 diff parties but have to be looked together to find out effective income from the loan lent by the bank

Vindhya Y.V

Vindhya Y.V

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Recognition as intangible asset?

Financial Reporting

answered on 17-Feb-24 21:07

How can we recognise Contract with a player in IPL as intangible asset because the future benefits can not be measured? It will be an employment relationship I think.

latest answer

You will record at the amount paid.

Darpan Ghundiyal

Darpan Ghundiyal

CA Final

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437

Mcq doubt leverage

Financial Management

answered on 17-Feb-24 20:36

In the given ques is it OL or CL?

latest answer

OL

sradha krishna sunil

sradha krishna sunil

CA Final

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