Forums
Demerger
Financial Reporting
answered on 22-Feb-24 20:52
Illustration 22 In case of pooling of interest method all assets and liabilities except Equity share capital is taken by resulting co or acquirer co. So surplus will also be taken. But in this case surplus is not taken.why?
latest answer
There is no surplus and the loss is eliminated by capital reserve.
binu mathew
CA Final
★ 0
1
252
Illustration 13 of Investment decisions
Financial Management
answered on 17-Feb-24 00:47
Dear sir, why did you take CFAT *PVAF as PVCI? Shouldn't it be NPV? I considered CFAT*PVAF as NPV and computed NPV index for X & Y as 1.55 and 1.49 respectively and PI index as 2.55 and 2.49 . Is my computation right?
latest answer
Thank you sir
Srinidhi
CA Inter
★ 270
3
196
Tenancy
Indirect Taxation
answered on 18-Feb-24 10:21
Explain the blue marked portion
latest answer
If tenant is surrendering the tenancy right and for which he is getting consideration, then such amount is taxable.
07- Issac Jolly-XII C
CA Inter
★ 16K+
2
403
Exchange margin 0.1%
AFM
answered on 17-Feb-24 09:50
Why exchange margin not considered while selling $50K in spot market on 10/9 and buying optionally deliverable forward contract
latest answer
Over and above normal exchange margin, whenever interbank rates are given and bank has to enter into a one side trans due to cancellation request from customer, exchange margin will be applicable & it will be on the last cancellation by the bank.
Mehnas Ali
CA Final
★ 0
1
308
business combination
Financial Reporting
answered on 17-Feb-24 15:09
when calculating asset concentration in class 7, why DTL is not deducted from formula?
latest answer
We calculate Gross Assets.
For Class
CA Final
★ 720
1
226
Place of Supply when event held in India and Outside India
Indirect Taxation
answered on 18-Feb-24 10:23
Hi sir, hope you're doing good. Let us say an event is organized, which spans across both Uttar Pradesh and Nepal, and such event is supplied to an unregistered person. In this case, will the place of supply be apportioned across UP and recipient's location on the basis of value as per GAAP? Or will the entire place of supply be considered as recipient's location. Thanks.
latest answer
If event is held in more than one location, then it is apportioned on the basis of amount attributable to each event. Generally, POS is the place where event is actually held if recipient is an unregistered person. However, if the event is held outside India then POS shall be the location of recipient.
Devaprasad Jothimani
CA Inter
★ 0
1
445
Cancellation of CMA Registration
Others
answered on 17-Feb-24 15:28
Can I cancel my cma final registration?
latest answer
Why?
Sai Vema
CA Final
★ 108K+
1
569
FORM 112
Others
answered on 26-Sep-25 22:44
Sir , I got correction mail from icai , what happens if I didn't corrected and resubmit.
latest answer
If timing does not clash and no objectino from college, there should not be any issue.
Sai Vema
CA Final
★ 108K+
12
906
Assessment procedure & Appeals
Direct Taxation
answered on 18-Feb-24 10:38
Let's go in-depth in this topic and make it a cup of tea. I'm very passionate on this topic and working practically in a CA Firm as well
latest answer
Kindly send me an email on TSHIVATEJA@GMAIL.COM Let's talk in detail.
Sandeep
CA Final
★ 540
1
449
Drawee in case of need
Corporate & Other Laws
answered on 25-Feb-24 18:13
Do we need to get permission from the other drawee that the drawer is going to mention in the BOE?
latest answer
Ok ma'am
Arjun
CA Inter
★ 8K+
2
461