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Financial Management
answered 4 hrs ago
Sir, In the question a point is given like this *Inflation is expected to be 6% per year Why this point is ignored and not taken into consideration
latest answer
This question is concerned with treatment of adjusting inflation with discount rate which belongs to the chapter “Risk Adjusted Capital Budgeting” which is currently not a part of the syllabus. So Please ignore
Narasimha G
CA Inter
★ 2K+
3
25
why we take Market value for calculating weights of each share, instead of face value ?
AFM
answered 1 day ago
Dear sir, for all the remaining problems you have considered the face value of the shares to compute the weights of each share. but in this question you have considered the Market value to compute weights of the each share. please explain this
latest answer
Where did I use Book Value - which illustration please?
B. Dinesh
CA Final
★ 3K+
1
13
Working capital management
Financial Management
answered 4 hrs ago
On page 9.52 of module 2 , illustration 8, in cash flow statement, 50 lakh is subtracted as cash required for increase in stock. Please explain why it is subtracted , as also adjustment is done in making entry in profit and loss account of 420 lakhs of material consumed in year 3 .
latest answer
Cash flow statement is not under the purview of FM. Please post in the concerned subject
Anirved Rahatgaonkar
CA Inter
★ 0
1
22
Financial Instruments
Financial Reporting
asked 1 day ago
Hi Sir, In this problem, Please confirm if my understanding is correct If forward contract was entered, then we would incur a loss of Rs 5 per USD If forward contract not entered (as in question), we will have a profit of Rs 5 per USD. But in either case, the value of Sales/ Revenue will be at 55 only. (Agreed Forward Rate / Forward Rate) Please correct me if I am wrong.
latest answer
No answers yet!!
Susee Arunachalam
CA Final
★ 26K+
0
16
Minimum marks
Auditing
answered 1 day ago
I have to give audit and fm-sm for May 24 and cleared group 1 in Nov 23. Can I please know how much marks is required to clear group 2
latest answer
40 each and aggregate 100
Riya Verma
CA Inter
★ 0
1
22
Capital Gains on Compensation of Compulsory Acquisition
Direct Taxation
asked 1 day ago
Dear Sir, Mr.A Land worth Rs. 30 lakh was compulsorily acquired by Govt. He got a part of Compensation Receipt in Year 2022 = Rs. 10 lakh For this Rs. 10 lakh, Can we show Rs. 10 lakh - Indexed Cost = Long term Capital Loss Further, On receipt of Enhanced Compensation on further years, Can we Set off this Long term Capital loss to Enhanced compensation receipt. Please kindly clarify sir.
latest answer
No answers yet!!
Mamidi Vinisha
CA Inter
★ 970
0
15
CA FINAL DIRECT TAXATION
Others
asked 1 day ago
Dear Sir, When Direct Tax will be launched on Indigo Learn ? Please kindly clarify sir
latest answer
No answers yet!!
Mamidi Vinisha
CA Inter
★ 970
0
15
Presumptive Taxation & Capital Gains
Direct Taxation
answered 1 day ago
Respected Sir, Mr.A purchased land on Jan 1, 2024 for Rs. 40 lakh Mr.A converted Land into Stock in trade on next day Jan 2,2024. In this case, Can STCG be taken as ZERO as FMV and Cost of Aquisition is same sir ?
latest answer
Most welcome
Mamidi Vinisha
CA Inter
★ 970
3
27
Job Work
Indirect Taxation
answered 1 day ago
Whether e-way bill is mandatory for sending goods to the job worker place (Intra-State)
latest answer
If it is inter state then only it is mandatory.
Surya Ravi
CA Final
★ 3K+
1
19
Ind AS102 share based payment
Financial Reporting
asked 1 day ago
Video No 26 Illustration 16 Anara Fertilisers issued 2000 share options. In this question first year employee share based payment expense is 693333 second year it is 1646667 total amount credited to SPB equity at the end of second year is 2340000 (693333+1646667). At the time of cancellation Rs 1620000 is debited to SPB (Equity Reserve). The balance amount in SPB (Equity Reserve) 720000 (2340000 - 1620000). How this balance amount is closed
latest answer
No answers yet!!
swaminathan sundaram
CA Final
★ 110
0
15