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Doubt in Ind AS- 16

Financial Reporting

answered on 25-Sep-22 13:48

@Suraj lakhotia Sir in one problem u said that we will not reduce decommissioning liability from value of asset instead we need to show the value of asset at gross figure Can u pls tell why we are not supposed to show on net basis I will attach the pic of the problem

latest answer

Thank you sir

Thanusha Lakshmi

Thanusha Lakshmi

CA Final

3K+

3

252

Cash flow

Accountancy

answered on 26-Sep-22 03:49

Sale and purchase of current investment kaha pe aayega.. Cash & cash equivalement OR investment activities

latest answer

Thank you sir...

Raja Ram charan

Raja Ram charan

CA Inter

25

6

130

Limit on fresh offer

Corporate & Other Laws

answered on 24-Sep-22 21:59

What is the meaning of this line It is provided that subject to the maximum......as may be prescribed

latest answer

It means that the company can make more than one issue of securities anytime in the same FY to the 200 identified persons to whom the private placement is done by the company.

harkirat singh

harkirat singh

CA Inter

1K+

1

138

Doubt

Economics

answered on 02-Oct-22 18:13

SEBI has to be responsive to the needs of group which constitute the market:

latest answer

SEBI responsible for capital markets transaction

Ritika Chaudhary

Ritika Chaudhary

CA Foundation

170

4

172

Deduction under section 80TTA

Direct Taxation

answered on 25-Sep-22 00:11

For the given point in the picture Can we claim deduction under section 80TTA? In the illustration , Mam didn't take that as deduction..!

latest answer

For individuals under age 60, deduction upto 10000Rs. is allowed incase of interest from savings Bank account

Meda Jeevansai

Meda Jeevansai

CA Inter

20K+

4

166

GST computation

Indirect Taxation

answered on 25-Sep-22 19:16

Show me calculations

latest answer

Maximum retail price ?!

Sajeetha R

Sajeetha R

CA Final

45K+

3

158

Renting of under construction house property

Direct Taxation

answered on 25-Sep-22 06:50

Renting of under construction house property to movie shooting is taxed under IFOS.. What if constructed property is let out to movie shooting , in head it will be taxed ,IFOS or house property?

latest answer

Got it :)

Sajeetha R

Sajeetha R

CA Final

45K+

4

149

Graphs of Elasticity of Price VS Supply

Economics

answered on 25-Sep-22 13:30

Please explain me the extreme right columns for each point. Like Q1Q2 gr. th P1P2 and Q1Q2 less than P1P2.

latest answer

My pleasure.

Ardhendu Sekhar Acharya

Ardhendu Sekhar Acharya

CA Foundation

250

6

158

AS-10: Property, plant & equipment

Accountancy

answered on 24-Sep-22 21:45

How is Land valued at 5 lakhs?

latest answer

Okay, Thank you.

Sharon M Jacob

Sharon M Jacob

CA Inter

1K+

4

155

Subsidiary company

Corporate & Other Laws

answered on 24-Sep-22 18:03

A subsidiary company cannot hold holding comapny shares except in 3 cases 1) held as trustee 2) held as legal representative 3) held before becoming subsidiary So my doubt is that for eg. A ltd holds 50% shares in B ltd and B ltd holds 50% in A ltd . So both of them are not subsidiary as holding is NOT MORE THAN 50% . A ltd now acquires 1% more holding In B ltd and B ltd gets 1% holding as legal representative So In This Case Who is Subsidiary and who is Holding Company

latest answer

Okay

harkirat singh

harkirat singh

CA Inter

1K+

5

182

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