Forums
FEMA - Residential Status
Corporate & Other Laws
answered on 08-Feb-24 14:21
Hello Mam In the 6th video you have been sharing one example (at the end) to explain about the PROI (3 purposes). In that example to find residential status for FY 20-21 we have to see the stay period in PFY 19-20. so that person has stayed more than 182 days in 19-20 then he is considered as Resident. If we consider the employment purpose he is leaving India on 18th august 2020 , it is a next financial yer which doesn't falls under 19-20 then why should we consider that to find resident in FY 202-21(for 20-21, consider stay period in 19-20)
latest answer
If a person goes out of India for employment purposes then he is considered as a person resident outside India from the date when he leaves India for employment.
Keerthana sambath
CA Inter
★ 2K+
1
346
Bond valuation
AFM
answered on 02-Feb-24 19:41
Can somebody explain this computation?
latest answer
Explained this in class. You have conversion option or redemption option - either case decision has to be made today. But conversion or redemption will happen after 4 years Hence we need to evaluate on like to like basis PV of money we will get if we convert to equity after 4 years vs. PV of bond flows which is the price of the bond
Vindhya Y.V
CA Final
★ 17K+
2
432
Security Valuation bond's
AFM
answered on 02-Feb-24 10:59
Why is the tax savings on the issue cost not taken in the study material?
latest answer
We have taken cumulative present value of tax savings on incremental flotation costs and also considered cash outflow of flotation costs
Vindhya Y.V
CA Final
★ 17K+
4
453
Grant
Financial Reporting
answered on 03-Feb-24 10:29
In this case grant is treated is like ' grant related to asset' but no asset is purchased, constructed or acquired here..then how come this conclusion reached
latest answer
It is not treated as grant related to asset. It is treated as deferred income.
binu mathew
CA Final
★ 0
1
303
Passing Entries
Financial Reporting
answered on 03-Feb-24 10:29
In Question they mentioned that "How would you account for said lease under IND AS-16" if they asked in this manner should we pass journal entries?
latest answer
You can pass depending on the marks alloted to the questions.
Surya Prakash
CA Final
★ 19K+
1
390
Invoice
Indirect Taxation
answered on 05-Feb-24 07:51
For e invoice turnover exceeded 5 CR isn't not 50 cr right
latest answer
It is 5 Crore for May 24 exams. It used to be 10 Crores for Nov 23 exam. The same has been amended in the videos.
Akshaya Devaraj
CA Final
★ 8K+
1
245
Security Valuation bonds
AFM
answered on 02-Feb-24 10:57
Why is the number of years taken as 7 when it is said specifically that it is 8?
latest answer
They may
Vindhya Y.V
CA Final
★ 17K+
9
421
Books ordering
Others
answered on 02-Feb-24 13:35
Is it compulsory to order books from ICAI institute.? If there is any problem with not ordering the books?
latest answer
Nor do I @swetha akka , i just shared my opinion any ways all the best for your prep. Happy learning 😊
Kurva Mahender
CA Foundation
★ 5K+
9
582
video not playing
Strategic Management
answered on 07-Feb-24 14:38
video are not playing when i watch the classes. But it happen never before. please resolve quickly sir
latest answer
Yes sir. It is solved
Raliya Kani
CA Final
★ 3K+
2
238
Security Analysis
AFM
answered on 01-Feb-24 20:57
I like to know the difference between dow jones theory, Elliot theory and random walk theory
latest answer
All 3 are 3 diff theories explaining stock price movements.
swaminathan sundaram
CA Final
★ 110
1
389