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Rebate

Direct Taxation

answered on 26-Dec-23 22:36

Does this mean rebate is not applied on LTCG 10% Or Rebate won’t be applied on income tax if LTCG 10% paid

latest answer

On LTCG taxable under Section 112A, no rebate is allowed. The logic is that they are taxable only at 10%.

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

2K+

12

462

Preliminary

Corporate & Other Laws

answered on 27-Dec-23 12:43

Meaning of this with an example

latest answer

Thank you Sir

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

2K+

5

390

Investment banker

Others

answered on 24-Dec-23 18:07

How to become an Investment banker?

latest answer

CA + degree like CFA or MBA from top ab school. Just CA also possible but with arank becomes easy.

NANDHINI U S

NANDHINI U S

CA Inter

37K+

3

356

Portfolio Management - illustration 74

AFM

answered on 23-Dec-23 20:53

Sir - " Floor " - is it fixed initially from the change of nifty index or will be computed at every level of rebalance again ? Ie. 10 perc in this problem , in working note 2, 4 ,aren't we supposed to calculate floor again based on revised nifty changes and revised portfolio ? Please explain this. Video Details Course: Advanced Financial Management - AFM Module: Portfolio Management Section: Illustration # 74 - CPPI

latest answer

Okay sir thank you

Enuguru Sai Nithin

Enuguru Sai Nithin

CA Final

78K+

2

391

Signing by a member of LLP

Auditing

answered on 24-Dec-23 00:07

Madam As LLP is not a partnership, it means those who auidt they must only sign the audit isn't it Video Details Course: Advanced Auditing & Professional Ethics (Without SA) Module: Professional Ethics Section: Clause - 12 - Allowing Non Member to Sign

latest answer

Only a CA Who is in practice and partner can sign an audit report, he will mention firm name, firm membership no, his membership no and his name and UDIN, any partner in the firm who is eligible can sign the audit report, only non CA partners or CA who are not partners not allowed to sign the audit report

Surya Prakash

Surya Prakash

CA Final

19K+

1

355

Substantial Interest

Auditing

answered on 24-Dec-23 11:58

Madam In Material it is mentioned not less than 20% But In E module while explaining you are saying not less than 25% which is correct Video Details Course: Advanced Auditing & Professional Ethics (Without SA) Module: Professional Ethics Section: Clause 11 - Engaging in other businesses

latest answer

Yes

Surya Prakash

Surya Prakash

CA Final

19K+

2

393

Probability if cashflows are perfectly correlated over time,

AFM

answered on 23-Dec-23 14:40

Dear sir, In this particular Illustration when cash flows are perfectly correlaeted if that mean the same cashflows have to occur again and again every year till 5 years. then why the probability of cashflows is 10% instead of (10%)^5 like the Illustration 20 subpoint 3 Video Details Course: Advanced Financial Management - AFM Module: Advanced Capital Budgeting Decisions Section: Illustration 21

latest answer

Thank you sir.

Vanacharla Sai Pavan Kumar

Vanacharla Sai Pavan Kumar

CA Final

8K+

2

479

Calculation of SD

AFM

answered on 23-Dec-23 14:29

Dear sir, Why we have not used the time value discounting factor method (Hillers Method) used in Illustration 11 for Illustration 8 to arrive SD of Project A and Project B why we have ignored the discounting completely? and If use the method used in Illustration 11 to Illustration 8. SD of Project A and B will change. Video Details Course: Advanced Financial Management - AFM Module: Advanced Capital Budgeting Decisions Section: Illustration 8

latest answer

Yes

Vanacharla Sai Pavan Kumar

Vanacharla Sai Pavan Kumar

CA Final

8K+

3

404

Inquiry regarding ca inter new pattern eligibilty

Others

answered on 27-Dec-23 11:12

Inquiry Regarding CA Inter New Pattern Eligibility Dear Indigo Team, I hope this message finds you well. I am writing to seek guidance regarding my eligibility to write the new pattern CA Inter exams. I successfully cleared CPT in 2016 and made four attempts at CA IPCC, unfortunately without success. Last year, I renewed my SRO ID with the following details: SRO0370542. Considering my background, could you please advise if I am eligible to write the CA Inter exams in the new pattern? Your guidance on this matter would be greatly appreciated. Thank you for your time and assistance. Sincerely, Nagaraj G

latest answer

Yes. You can write in new syllabus.

nagaraj g

nagaraj g

CA Inter

360

1

426

What is mean by Certificate of Posting?

Auditing

answered on 24-Dec-23 14:37

Mam, It is said that certificate of Posting is not considered as valid evidence for sending to retiring auditor? What is certificate of Posting Video Details Course: Advanced Auditing & Professional Ethics (Without SA) Module: Professional Ethics Section: Duty of Retiring Auditor

latest answer

It is a document issued by a post office accepting that a postal packet or a document has been deposited at the office for further movement. this alone will not be sufficient as the letter should actually be received.

Surya Prakash

Surya Prakash

CA Final

19K+

1

565