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Exemption of education program fees paid to foreign institute by Indian institute

Direct Taxation

asked 13 hrs ago

Is there any exemption regarding the educational program fees paid by educational entity to any foreign institute? Is there any relevant DTAA?

latest answer

No answers yet!!

Bhavesh Bhil

Bhavesh Bhil

CA Inter

β˜… 28K+

0

42

Director vs Whole Time Director

Corporate & Other Laws

asked 17 hrs ago

Does 'person who is in the employment of the company as a director' mean the same thing as a regular director? Or is it referring to a Whole Time Director? Asking with respect to disqualifications of a person to be appointed as Debenture Trustee

latest answer

No answers yet!!

Vishnu

Vishnu

CA Inter

β˜… 31K+

0

47

SA 220

Auditing

answered 14 hrs ago

Regarding the accepting of client relation ship ? Please anyone explain in brief

latest answer

SA 220 deals with quality control. The auditor should check some qualities (like integrity, capabilities, etc) before acceptance of an engagement with a new client. For example a ca student wishes to join a class, before joining he should check some qualities (like good teaching, etc)in that coaching class. Once he was satisfied then only he joined the class right.

Eswar Aakash

Eswar Aakash

CA Inter

β˜… 57K+

1

55

Two stage model

AFM

answered 7 hrs ago

Sir, in illustration 6 we used Two stage model where we did P5/(1+ke)^5, but here we did not brought it to PV i.e (1+ke)^5. What is the logic for the same

latest answer

Ohh yess sir ! Got it πŸ˜…!!

Hrishikesh Pradhan

Hrishikesh Pradhan

CA Final

β˜… 3K+

2

50

ACCA Exemptions, Fees therefor

Others

answered 9 hrs ago

Sir im rohit from chennai. Iam ca final student. Wrote nov 24 both groups. Waiting for results Have some doubts regd ACCA This is my info for your reference I did g1 only in may 24 n failed but got 45 in afm, 42 in fr and 30 audit Cleared both SPOM set A law 56/100, setb scpm 62/100 in spom exams in july 2024 Got 45 in idt in old syllabus may 2023, 43 in fscm m23, scmpe in may 23 and failed in dt. Got BCOM general degree done in 2019 I would like to know exemptuons available to me (knowledge, skills levels) and corresponding exemption for 40+ in ca finals for FR and AFM in ACCA basically in short, if i get bcom done and 40+ in fr and afm eavh, cleared SPOM both sets, will i get similar exemptions in acca for fr, afm, spom? Kindly mention exemptions for bcom ug cleared also sir What will be my overall exemptions (6 or 9 papers) and exemption fees chart

latest answer

YOu can get duplicate marksheet for previous attempt by making an online application. Whether the university is accepted by ACCA or not, you can check on their portal. However your CA inter will entitle you to exemptions.

Rohit Ramesh

Rohit Ramesh

CA Final

β˜… 0

3

55

Mutual Fund

AFM

answered 1 day ago

Sir, will NAV at the end of the period change with type of scheme ( Dividend distibuted, Reinvestment ? .

latest answer

If dividend is distributed money is no longer within the fund so nav goes down If it is reinvested units will increase and nav will go down

Rahel Rayu

Rahel Rayu

CA Final

β˜… 3K+

1

48

Opening stock

Financial Management

answered 1 day ago

Why didn't we mention opening stock in b/s?, of illus 2...if we mention then cogs will change right? Im confused... When should i show opening balance

latest answer

IN this question they asked us to compute closing restructured balance sheet IF cogs can be directly found out why will you bother about opening stock data that is provided Also abridged balance sheet here obviously refers to opening Closing stock has to be found based on ratios provided.

07- Issac Jolly-XII C

07- Issac Jolly-XII C

CA Inter

β˜… 16K+

1

51

Abridged

Financial Management

answered 1 day ago

Is abridged b/s means opening b/s

latest answer

Here you have to assume abridged is OS because there are a lot of subsequent movement details provided in the question

07- Issac Jolly-XII C

07- Issac Jolly-XII C

CA Inter

β˜… 16K+

3

56

Applicablity of set c and set D

Exams

answered 1 day ago

Hi , I have completed my CA inter G1 in old scheme and got exemption in advance accounts G2 after converting to new scheme I have cleared G2 is both set c and set D is applicable for me or any of one set.

latest answer

https://www.youtube.com/live/cb400eBWyDY?si=tdeAbKkfeLVCAj-0

VENKATESH K

VENKATESH K

CA Final

β˜… 3K+

1

54

Interest rate

Financial Reporting

answered 1 day ago

Sir, In every question there are two interest rates given It is bit confusing on which one to be used for discounting and which one to be used for calculating interest Can please clarify how to pick correct interest rate?

latest answer

For payment - table preparation look for coupon rate, nominal rate of x% bonds.

Gunda Sharan

Gunda Sharan

CA Final

β˜… 0

2

55

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