Forums
DBO
Financial Reporting
answered on 04-Oct-25 08:50
When settlement happens, the gain or loss impact is provided in DBO, where will the effect of the actual payment. [Video Time Stamp: 06:47]
latest answer
Dr Liability Cr Plan Asset Balance gain or loss
SANJITHA
CA Final
★ 0
1
89
Penalty payable u/s 129
Indirect Taxation
answered on 09-Oct-25 16:52
Isn't the penalty in this case Rs. 15,00,000? Which is higher of i) 50% of Rs. 30,00,000 (Value)= 15,00,000 ii) 200% of Rs. 5,40,000 (Tax) = 10,80,000 [Video Time Stamp: 01:25]
latest answer
Agreed. It is 50% of value or 200% of tax whichever is higher. Will get it rectified. Thank you.
Yug Bhattad
CA Final
★ 63K+
1
104
Change in object clause
Corporate & Other Laws
answered on 08-Oct-25 16:34
Procedure to be followed in case of private company changing it's object clause [Video Time Stamp: 07:49]
latest answer
1. Hold a Board Meeting to approve change in object clause and call an EGM. 2. Pass a Special Resolution in the EGM to alter the object clause of MOA.
Leela Sowmya
CA Inter
★ 0
1
98
Change of capital clause
Corporate & Other Laws
answered on 08-Oct-25 16:35
Procedure in case of private company in case of change in capital. [Video Time Stamp: 05:17]
latest answer
Hold a Board Meeting and pass an Ordinary Resolution in EGM to alter the Capital Clause of MOA. File Form SH-7 with ROC within 30 days; ROC then updates the company’s authorised share capital.
Leela Sowmya
CA Inter
★ 0
1
91
Change in liability clause
Corporate & Other Laws
answered on 08-Oct-25 16:35
If public company wants to change liability clause..is central govt permission required? [Video Time Stamp: 01:16]
latest answer
Yes
Leela Sowmya
CA Inter
★ 0
1
106
Q18
Financial Reporting
answered on 04-Oct-25 17:30
Sir, If there is any difference between expected balance and closing balance, when should we treat as actuarial gain/loss, & when should we show as remeasurement gain or loss? [Video Time Stamp: 13:51]
latest answer
Remeasurements of the net defined benefit liability (asset) include actuarial gains and losses
SANSKRITI BADRI 2111339
CA Final
★ 3K+
1
91
Illus -39
Financial Reporting
answered on 04-Oct-25 17:33
In the question the underlined one i.e Rs.300 lakhs including profit of Rs.40 lakhs,is that Rs.300 lakhs inclusive of profit ? Then the carrying amount of Investment = 25% of 260 Share of Profit = 25% of 40
latest answer
Net assets is basically the capital or equity. Profits increase net assets of an entity. When there are profits, we include share of net profit as a part of carrying amount of investment basically increasing the net worth.
Harini Desu
CA Final
★ 2K+
1
106
Arbitration process
Financial Management
answered on 04-Oct-25 06:18
Illustration 9 from study material. Sir is my answer is correct because I'm getting different answer from study material
latest answer
Bot this question as well as Q 7, while what you have done is not technically wrong. icai awards marks only if you follow their method
Priya Ravi
CA Inter
★ 55K+
1
83
Arbitrage process
Financial Management
answered on 04-Oct-25 06:15
Illustration 7 from study material. Sir is my answer is correct?
latest answer
Suggest you stick with ICAI method
Priya Ravi
CA Inter
★ 55K+
1
86
VAR comparision with ICICI..
AFM
answered on 03-Oct-25 15:00
When we use normal calculator, the decimal points vary from ur method..(as you use excel ). then the end answer may vary...will that make an impact in the exam where we use only normal calculator [Video Time Stamp: 10:20]
latest answer
Decimals
Prasad G
CA Final
★ 520
1
96