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Query regarding calculation of PV

AFM

answered on 11-Jan-24 06:05

How to calculate the PV of 3rd Year in Part 5, where project life is reduced by 10%.

latest answer

You can compute it for 70% of the year like i did. Need not adjy PV factor. Adjust only the period - that is how it works in real life too

syed abuzar

syed abuzar

CA Final

0

1

212

Residential Status

Direct Taxation

answered on 10-Jan-24 22:41

Sir in this question c) point if the income exceeds 15 lakhs according to conditions the person is said to be resident .Okay Sir but how it resident but not ordinarily resident as he satisfies both additional conditions. His stay of 730 days or more in India during preceding 7 previous year that comes 840 days and Resident for atleast 2 years out of preceding 10 years of previous year that is he is resident only according to that exceeding 15 lakhs condition.His stay 120 days or more in previous year and 365 days or more in 4 years preceding to previous year. Then how it is resident but not ordinarily resident? Video Details Course: P3A - Income Tax (New) Module: Chp 2 - Residence and Scope of Total Income Section: 14.Illustration 7: Residential Status

latest answer

Thank you Sir

Lavi Lavanya

Lavi Lavanya

CA Inter

6K+

5

482

International financial Management

AFM

answered on 10-Jan-24 19:33

Sir In Illustration 1 Amount Received From Scrap value ( 5 CR in Rupees). Shall Will receive In Last Year It Should be Included ??

latest answer

Yes it has to be considered. I considered in the video and is also visible in excel sheet. However it is missed out in compiler due to typing error. Solution is correct in compiler though. Will be updating the compiler. Thanks for highlighting

Naveen Panigrahi

Naveen Panigrahi

CA Final

0

1

202

Last date for CA FINAL Registration

Others

answered on 11-Jan-24 14:24

Can anyone please tell me what’s the last date for CA FINAL registration to appear for May-24 exams for a student who completed his CA Inter in Nov-23 and also completed Articleship in July -23? (as covered in Question-10.12 in FAQs list)

latest answer

https://resource.cdn.icai.org/72666exam58582-2.pdf

Seetha Jakka

Seetha Jakka

CA Final

3K+

10

479

coupon for books

Others

answered on 11-Jan-24 18:54

Will only newly registered students receive a coupon for ordering books, or will students who have revalidated their expiring course validity receive a coupon when converting from the old to the new?

latest answer

ok thanks

Muhammed Salih

Muhammed Salih

CA Inter

18K+

8

1K+

Illustration 26 vs Illustration 72

AFM

answered on 10-Jan-24 18:29

Dear sir, Risk-free rate computation methods are different even though the questions are similar. Which method shall be used ?

latest answer

In Q 26, B is 0.01 so it is meaningless to use it for any computation. In Q 72 Beta is given as 0.10 However Depending on the question, the best way to compute Rf is yield of GOI bonds, if yield is not available then Return, if Return is not available then using beta, if beta not possible then use coupon. Diff between yield and return ( yield is IRR and return is (closing -opening + cg )/ (opening)

Vanacharla Sai Pavan Kumar

Vanacharla Sai Pavan Kumar

CA Final

8K+

1

168

Review mechanism

Auditing

answered on 10-Jan-24 22:43

What is the difference between review conducted by Peer review Board and Quality Control Board?

latest answer

Thanks mam... understood!

SAI CHANDANA KONKA

SAI CHANDANA KONKA

CA Final

6K+

6

554

Ca final registration date

Others

answered on 11-Jan-24 10:53

What is the last date for registering in ca final course for may 2024?

latest answer

Generally its 31st Jan. Still check with ssp helpdesk.

Eswar K

Eswar K

CA Final

125

1

331

Coupon unavailable

Others

answered on 10-Jan-24 16:17

I've applied for conversion on 9/1/24 and it changed to CONINT23 today. But when I tried ordering books in CDS the coupon is unavailable and conversation charge of Rs.1000 is also not added to the cost...what should I do?

latest answer

Okay, thanks!

Yamuna S

Yamuna S

CA Inter

15K+

2

455

Applicable finance act for ca intermediate nov 24 exam

Direct Taxation

answered on 10-Jan-24 22:10

Sir my question is in which finance act applicable for intermediate nov 24 exam

latest answer

We will release amendments video in February first week

siddesh N

siddesh N

CA Inter

4K+

4

706