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Expiry of ITC
answered 1 day ago
Time period of 1yr is for availment or utilization
latest answer
Time period in CGST Act is given for Availment of ITC in E-Credit Ledger. Act has not put forth any restriction and time limit for utilisation. Once availed , can be carried forward for ♾️ tenure
Sugam SM
CA Inter
★ 7K+
2
30
Condition for ItC
answered 1 day ago
Upto 5% availment of ITC is removed right? If supplier hasn’t furnished details in GSTR-1.
latest answer
Sir is paid notes amended as per may 23? Or only upto nov 22?
Sugam SM
CA Inter
★ 7K+
2
37
Amendment in past rtp and mtp
answered 1 day ago
Does the MTP and RTP in the resources are updated as per the latest statutory updates
latest answer
Ok sir
Saravanan Murugan
CA Inter
★ 18K+
2
46
Investment Decisions
answered 1 day ago
While calculating Irr, many times my answer varies by 1%. Ex I got 23.2 instead of 24.1 means will I get marks in exams? Also in computing Npv due to decimal differences many times answer varies book answer by small margin. Is It acceptable?
latest answer
It has to be right till at least 1 decimal without that marks may not be awarded
Vijay Ramesh
CA Inter
★ 655
2
34
FS item - Current Maturity of LTB
answered 1 day ago
Current Maturity of Long Term Borrowings shall be shown under which head of the Balance Sheet? Short Term Borrowings or Other Current Liabilities
latest answer
Thanks a lot for the swift response, Sir!!!
Krishna Sankar
CA Inter
★ 370
2
41
Cost of capital
answered 1 day ago
Eq sh cap = rs40lac RnS = rs60lac EPS = 7.50 Ke = 15%, Kre = 12.5% Why we do consider ke = kre = 15% ?
latest answer
As per the information provided Ke = EPS/MPS x 100 = 7.5/50 x 100 = 15% As there No floatation costs Kre = Ke = 15%
Sushmita Chowdhury
CA Inter
★ 5
11
82
Amalgamation
answered 1 day ago
In these question , it's mentioned as amalgamation in nature of merger , but Liquidation expenses are debited to Goodwill A/c, it should be debited to P&L or General reserve in case of merger , only if it's in the nature of purchase it should be debited to Goodwill/Capital reserve , is the above points correct ?
latest answer
Thanks Sir
Prethivi Rajan
CA Inter
★ 8K+
3
42
Forex
answered 1 day ago
Video 22. In video sir says margin will be added to bank's selling rate, where as in notes it is given margin will ne subtracted from bank's selling rate Please clarify
latest answer
Exactly it will always be adjusted in a way that the bank benefits. Will check the Notes and correct them if required immediately - thanks for highlighting them.
nazriya nasar
CA Final
★ 6K+
3
41
Dividend Decisions - ICAI - Practical Problem No.8
answered 1 day ago
Can anyone please help me with the (iii) part of this question? The book answer is 1,950 but I am getting 1,772. I used this formula: Vf (or) nPo = [(n+m)P1 - I + E] / (1+Ke) Kindly help.
latest answer
Thank you so much
Varshaa M
CA Inter
★ 8K+
3
55
Cost of capital
answered 1 day ago
Why we don’t minus flotation cost from Kre, but from Ke ?
latest answer
Thank u
Sushmita Chowdhury
CA Inter
★ 5
3
37