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Investment chap

Accountancy

answered on 31-Oct-23 17:00

Unless specifically mentioned not to consider, should we compute dividend by considering bonus and right shares ?

latest answer

Shares need not be in existence in previous year for final dividend.

sradha krishna sunil

sradha krishna sunil

CA Final

5K+

2

329

General

Corporate & Other Laws

answered on 31-Oct-23 23:59

Is it necessary to follow some writing procedure in order to score high in law subject? Do I have to write provisions facts and analysis/conclusion for the answers? please explain

latest answer

Understood thankyou faculty members

Divinne Fiona

Divinne Fiona

CA Inter

9K+

4

354

Ind AS 36 Video lecture number 23 Illustration 13 allocation of corporate asset

Financial Reporting

answered on 01-Nov-23 08:22

Earth Infra Ltd has two cash generating units A and B There is no goodwill Entry for impairment loss I am writing below Impairment loss Debit 6 Credit CGU A 5 Credit Building 1 After the above entry carrying amount of CGU A is 20 minus 5 = 15 Carrying amount of Building is 10 minus 1 = 9 Am I correct

latest answer

Yes

swaminathan sundaram

swaminathan sundaram

CA Final

110

1

452

Indian Contract Act 1872

Corporate & Other Laws

answered on 30-Dec-23 09:03

In the given question we are asked to explain the type of contracts know? A)So is my answer correct or the one printed B)if the printed one is correct then can we write it as -Provisions (Explanation of type of contract) -Facts (Question ) -Analysis (Reason of why it is a particular type)

latest answer

These type of questions shall be answered to the point, just state which type of contract is it and specify the reason briefly. The format of provision, analysis and conclusion shall be followed for case study based questions.

Hena Desai

Hena Desai

CA Foundation

5

2

540

Investment

Accountancy

answered on 30-Oct-23 20:06

Is brokerage of sale or purchase of bonds, debentures calculated on cum price or ex int price?

latest answer

Cum interest

Pooja .

Pooja .

CA Final

210

2

320

AS 26

Accountancy

answered on 31-Oct-23 17:13

If am creating a brand .. and I have contracted players who will only use their skills for me not for others.. then can I capitalise it as my intangible assets. If I can then what is the category that I should classify it.

latest answer

Say you have an IPL team where players in IPL window will only play for you. then the contractual amount can be called Intangible Asset.

HariPriya C

HariPriya C

CA Final

3K+

2

370

Residential status

Direct Taxation

answered on 30-Oct-23 16:23

How could the answer be ₹5k 🥵🥵🥵 Give me reasonable explanation

latest answer

Good that atleast you got it now.

SAI AKASH GORU

SAI AKASH GORU

CA Final

750

15

478

Compulsory question in direct tax

Direct Taxation

answered on 30-Oct-23 16:24

Are 8th chapter practical questions enough to attend the compulsory question in direct tax?Not having time to see mtp or rtp

latest answer

No. You have to do MTP and RTP.

Shyamala Sivakumar

Shyamala Sivakumar

CA Final

210

3

455

Income tax

Direct Taxation

answered on 02-Nov-23 18:12

I want to score 20+ marks in income tax but not good in heads of income someone please suggest me chapter which are easy to do and cover 20+ marks

latest answer

It is always advisable to cover entire topics.

Anjali S

Anjali S

CA Inter

0

3

371

Consideration = chapter supply

Indirect Taxation

answered on 30-Oct-23 13:16

Why is 56 considered consideration & not 54 ? Aren’t they saying the same thing i.e penalty for delayed payment

latest answer

I resolved the query

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

2K+

1

354