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No cash ledger

Indirect Taxation

answered on 31-Dec-25 14:00

Sir I did not understand the 4 th point ( last ) point telling other than used - IGST , CGST ECT [Video Time Stamp: 04:45]

latest answer

It is similar to GST that wherever automation is in place then payment to be made using cash ledger only.

Nisam M

Nisam M

CA Final

1K+

1

110

epsilon

AFM

answered on 28-Dec-25 18:23

hi sir, w.r.t answer (b) can we do 'gain or loss = 2450*e^(2.41%)62/365-2303.64 [provided if the question gave the epsilon value] [Video Time Stamp: 18:07]

latest answer

Yes

Jayanth

Jayanth

CA Final

6K+

1

121

how can a future expenditure be capitalized in cost at the beginning.

Financial Reporting

answered on 29-Dec-25 16:59

Sir, overhaul expense will be incurred in 4th year, so it will be capitalized in 4th year and depreciated through 5-8 years. how can we assume the overhaul expense of 3 million has included in the total cost and depreciated through first four years when it was not actually incurred. [Video Time Stamp: 00:02]

latest answer

You buy a machine for 8 years. But law / manufacturer says: “You can use it for only 4 years at a time. After that, overhaul is compulsory.” Can you use the machine for the first 4 years without that overhaul? The answer is NO. For us to use the machine it must be in overhauled condition. So the amount we are paying upfront includes (notionally) a portion towards overhauled component.

Shinisha  Rose R

Shinisha Rose R

CA Final

5K+

1

109

Rate on of duty on accessories is rate of duty charged on article but what value we will assign to the accessories as no amount is separately charged for accessories

Indirect Taxation

answered on 31-Dec-25 14:00

Rate on of duty on accessories is rate of duty charged on article but what value we will assign to the accessories as no amount is separately charged for accessories [Video Time Stamp: 04:40]

latest answer

If it is charged then that value is considered else no value.

Nisam M

Nisam M

CA Final

1K+

1

107

Treatment of dividends in AS-23

Accountancy

answered on 29-Dec-25 07:38

Hello Sir, why are we reducing dividend from cost of investment (as it is not pre acquisition dividend)?

latest answer

Thank you Sir

Mohamed Kaiz

Mohamed Kaiz

CA Inter

2K+

2

128

Audit and auditors : disqualification

Corporate & Other Laws

answered on 29-Dec-25 09:04

The relative of the audit is allowed to hold securities of the company upto Rs.1,00,000. I wonder that the institute's is not concerned about the percentage of such holding. What if the company has total value of securities as 5,00,000. Then a relative of auditor holding 1,00,000 will be considered as a significant influencer of that company where the auditor is appointed.

latest answer

Yes

Vinod Kumar

Vinod Kumar

CA Inter

11K+

3

143

No of shares

AFM

answered on 09-Apr-26 07:35

PE is same as pre merger, then can i find this way ? but answer is different, please clarify sir [Video Time Stamp: 05:52]

latest answer

Good Question Q 12 they specified the PE ratio will remain unchanged hence we followed the method of PAT x PE in Q 17 they did not mention any thing about PE ratio - hence assumed Sum of M cap of both entities. If you look at assumptions of Q 17 i have specified also that no synergy benefits and no change in PE hence the difference

Muhammed Mubaris

Muhammed Mubaris

CA Final

190

3

144

Enterprise Values

AFM

answered on 26-Dec-25 14:38

In some questions, while finding Enterprise Value, we discount cash flows using WACC. However, in other questions, Ke (cost of equity) is used for discounting even though debt is present in the balance sheet. Could you please clarify under what situations WACC is used instead of Ke, despite the existence of debt?

latest answer

ok sir

Muhammed Mubaris

Muhammed Mubaris

CA Final

190

2

113

How to calculate the income from house property U/s 91 of income tax act

Direct Taxation

answered on 02-Jan-26 12:33

I am struck in calculating the income from house property while calculating u s 91 please help me

latest answer

Thank you sir

adithya thushar

adithya thushar

CA Final

3K+

2

147

presentation

Costing

answered on 10-Jan-26 19:08

Sir shall we can find profit through p&l a/c , if yes while preparing the under and over absorption of FC should be shown in the debit side of the trading a/c by doing adjustment add/sub whether it is correct or wrong in exam [Video Time Stamp: 12:31]

latest answer

For marginal costing questions, statement format is preferable.

21SCO08 mahalakshmi

21SCO08 mahalakshmi

CA Inter

1K+

2

116