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INDAS23/MOD13/ ILL 8

Financial Reporting

answered on 03-Feb-24 10:47

How this asset is qualifying asset

latest answer

Construction of assets are generally qualifying. Also in the question there is a specific requirement to calculate the capitalisation rate.

Devika Viswanathan

Devika Viswanathan

CA Final

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Ind As 115

Financial Reporting

answered on 03-Feb-24 11:12

How to identify the contract obligation when revenue cannot be measured

latest answer

Can you elaborate your query?

Abhilash Sharma

Abhilash Sharma

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412

Delivery Status

Strategic Management

answered on 01-Feb-24 10:38

I have ordered my book on 30/1/24.but i could not get any link or message about it..? What is the solution for above problem and how to see the order status

latest answer

Its in packing stage. You can check status in transaction history

CKA SAFWAN

CKA SAFWAN

CA Inter

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496

Doubt - Sec 139(4) & Sec 139(5)

Direct Taxation

answered on 05-Feb-24 08:03

Sir, how to know the assessment is done by Assessing Officer. Is it the date in which we receive the confirmation mail?

latest answer

Assessment is done means officer has taken up some scrutiny or income tax notice. Practically we will know.

Soon to be CA

Soon to be CA

CA Inter

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316

Sec 139(3)

Direct Taxation

answered on 05-Feb-24 08:05

Sir, can Loss from specified business u/s 35AD be carried forward for set off even though return of loss has not been filed before the due date. Because in the lectures this point is not mentioned but given in 1FIN Material. Kindly Clarify

latest answer

It is a clerical error in the material. Only HP loss and unabsorbed depreciation can be carried forward even though ROI is filed after the due date.

Soon to be CA

Soon to be CA

CA Inter

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252

Firm vs company

Direct Taxation

answered on 02-Feb-24 18:49

Is Firm different from a company in income tax law ?

latest answer

Firm is governed by Partnership Act whereas Company is governed by Companies Act. Tax date for firms and companies is different in Income Tax

Shivashankar Jawai

Shivashankar Jawai

CA Inter

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486

staff as IA

Financial Reporting

answered on 01-Feb-24 07:58

sir there are some compananies who made an agreement or contract with the employee, that they cant leave the office of some years , also the company incures some training expenses to them in such case can we idendify this expenses as IA

latest answer

There cannot be a contract where employees can be prevented from leaving organisations. This will be violation of Indian Contract Act What companies do is that they ask employees to sign a bond that if they leave within say 1 or 2 years, they need to pay certain amount to the company.

Suman Hs

Suman Hs

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362

methods of amortisation

Financial Reporting

answered on 03-Feb-24 12:03

sir, whether the menthods are based management judgement ???? in the above sum can we use slm menthod for amortisation

latest answer

Yes probably units of production probably.

Suman Hs

Suman Hs

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361

Values of T

AFM

answered on 01-Feb-24 05:31

Will they only T values or Like in Normal Distributions we must remember some any numbers

latest answer

They will provide in exam no need to remember anything

Surya Prakash

Surya Prakash

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Regarding Books

Others

answered on 02-Feb-24 06:43

Is there anyone who received new books after conversion?

latest answer

12 - 15 working days.. Depends on your location

Harish Kumar

Harish Kumar

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