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im unable to attempt CA inter 2nd group I wrote 1 group completely is it valid valuation or not....?

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answered on 10-Nov-23 11:22

im unable to attempt CA inter 2nd group I wrote 1 group completely is it valid valuation or not....?

latest answer

Thank you sir

Vara prasada raju Butte

Vara prasada raju Butte

CA Inter

5

2

456

FTP

Indirect Taxation

answered on 14-Nov-23 17:59

For Example : A Person wants to Import Bike which requires authorization,so he taken authorization and imported bike now after imported and used 1month It us observed that there is damage so he re exported and Imported a new one same as old product (Will authorisation is required in this case for 2nd Time)

latest answer

Practically not required. Provided evidences are submitted.

Surya Prakash

Surya Prakash

CA Final

19K+

1

366

CRR & SLR

Accountancy

answered on 10-Nov-23 11:19

CRR & SLR rate for exam purpose.

latest answer

crr 4.5% slr 18%

Jitendra Kumar

Jitendra Kumar

CA Final

41K+

1

362

Amalgamation

Accountancy

answered on 10-Nov-23 08:31

What is the entry for 1.to issue to the debenture-holders in S Ltd 8% Mortgage Debentures at Rs.96 in lieu of 6% Debentures in S. Ltd. which are to be redeemed at a premium of 20% , S ltd is transferor company , S ltd had 6% debentures of Rs.200000

latest answer

Thank you

Prethivi Rajan

Prethivi Rajan

CA Final

9K+

2

438

General Question

Accountancy

answered on 10-Nov-23 12:31

What is the difference between "Redemption" and "Buy back" of shares?

latest answer

Ok sir got it 👍

Girinath A

Girinath A

CA Inter

765

6

397

Business level strategies

Strategic Management

answered on 14-Nov-23 10:12

Why is it differentiation? and not focused differentiation

latest answer

That also can be an assumption. But expecting mothers is not a small population. About 2 crores birth happen every year

Bumble Bee

Bumble Bee

CA Final

3K+

3

394

AS 22

Accountancy

answered on 09-Nov-23 22:29

When taxable income > accounting income , it is deferred tax asset or DTL ?

latest answer

If taxable income is > , and if it is caused by timing difference, then it is Deferred Tax asset

Neha Baliga

Neha Baliga

CA Inter

16K+

1

399

Treatment of dividend credited in P&L account by holding company while consolidation of P&L

Accountancy

answered on 09-Nov-23 12:43

I came across with illustration 12 in consolidation of financial statements in institute study material, in that statement saying dividend has been paid by subsidiary company (post acquisition period profit) and holding company credit that in p&l . But in answer the dividend is not reduced in income portion. Also in nov23 rtp (question 11)the same sum was asked in that they reduced dividend portion in income. I also refered December 2021 suggested answer, question 3a, there also dividend not reduced. My contention it has to be reduced, because we will add it in profit and loss under reserves and surplus. Right or wrong?

latest answer

Yes. In consolidated pl

Praveenkumar M

Praveenkumar M

CA Final

8K+

5

654

Banking company

Accountancy

answered on 10-Nov-23 08:02

What is the percentage transferred to statutory reserve (is that 25% ) or any change and .....how much investment can be held by bank as LONG TERM INVESTMENT ? (25% or 23%)?

latest answer

Transfer to statutory reserve= 25% Bank need to categorise it's 75% investment as current investment. Rest is held for maturity.

kalees waran

kalees waran

CA Final

195

1

398

Consolidation

Accountancy

answered on 09-Nov-23 11:59

While calculating Capital reserve , why bonus share of 60% added again , because (60% of 4880 ) include bonus too

latest answer

Thank you 💫

Prethivi Rajan

Prethivi Rajan

CA Final

9K+

2

414