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Employee benefit

Financial Reporting

asked 47 mins ago

Video no 33 Question 21 Return on plan asset is not income of the company so why should I consider it as part P & L item

latest answer

No answers yet!!

swaminathan sundaram

swaminathan sundaram

CA Final

110

0

0

Clubbing provisions in revocable transfer

Direct Taxation

answered 1 hr ago

As per section 62, there is an exception for revocable transfer by way to trust... Here My doubt is what is the treatment if the property has been sold or transfers to trust with consideration that is a benefit for assesse ?

latest answer

If it is done for a consideration then it a clear case of transfer and that would be taxable.

Jashvanth.K

Jashvanth.K

CA Inter

8K+

1

9

doubt regarding computation of cash flows after tax

Financial Management

asked 2 hrs ago

sir, im a little confused about the terminology used in this question, the term used in the question is" earnings after tax" but you have assumed it to be cash flows after tax,will that assumption always hold true?,what if the the terminology used is profit after tax instead of earnings after tax??

latest answer

No answers yet!!

aravind lalji

aravind lalji

CA Inter

0

0

3

illustration 4 part3

Financial Management

asked 3 hrs ago

in the projdcted p&L the RM is shown as 470..actually it is calculated as 420

latest answer

No answers yet!!

Vidya Suresh

Vidya Suresh

CA Inter

6K+

0

1

Omr sheet related

Exams

answered 5 hrs ago

I, by mistake darken the omr circle for mcq by pen in paper 1 Is it ok? ( I read the instructions in paper 2 )

latest answer

Yes

Atharv Sankliya

Atharv Sankliya

CA Inter

3K+

1

13

REVISED INVOICE

Indirect Taxation

answered 3 hrs ago

Sir, I applied new Gst registration on sep15,2023 because my turnover exceeds threshold limit on sep 15 2023. gst registration certificate came on oct 20 ,2023. now i will prepare a rough invoice for what are all the sales made from sep 15,2023 to oct 20,2023.this rough invoice will be revised and issued within 1 month from the date of oct 20,2023. now, when will i file my first gst return(due date) for the supplies made from sep15,2023 to oct 20,2023. and which date i want to show in the revised invoice sir?

latest answer

Revised invoice can be issued within 1 month and that details can be shown in the first GST return

Anand Venkatesh

Anand Venkatesh

CMA Inter

250

1

20

interest rate collar

AFM

answered 4 hrs ago

In this question if instead of Cap option, collar option was taken would that be more advantageous?

latest answer

I know. That was weird. You can state that in a collar you sell a floor. If floor is set at lowest rate the interest has gone to in the questions then floor will never be invoked When such a floor is sold, you receive premium That premium will reduce your outflow of 70 or 80 bps and If it that premium received is also 70 or 80 bps then the collar can become a zero cost collar

Priyanka Udeshi

Priyanka Udeshi

CA Final

14K+

3

23

Bootstrapping

AFM

answered 1 day ago

Request if you could help me to recollect where the bootstrapping formula (as used in this sum) was used in any earlier part/ chapter?

latest answer

Sec val fixed income spot rates forwardcrates

Priyanka Udeshi

Priyanka Udeshi

CA Final

14K+

1

27

Illustration 2

Financial Reporting

asked 1 day ago

Illustration 2 paid 500,000 for transaction it was mentioned 2% over market price in that case 500,000 includes (100+2%) = 102 % why are we computing the 2% on paid value.

latest answer

No answers yet!!

Vanacharla Sai Pavan Kumar

Vanacharla Sai Pavan Kumar

CA Final

8K+

0

21

Professional Ethics

Auditing

answered 20 mins ago

Can CA in practise quote client name and fee in Invoices ? Under schedule 1 part 1

latest answer

He has to quote for the purpose of record . It is a standard practice to include name n service rendered

M V Naresh

M V Naresh

CA Final

3K+

2

41

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