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2 nd basic condition is not applied?

Direct Taxation

answered on 28-Aug-25 13:53

Hello sir , Why 2nd basic condition is not applied for Srinath can you explain. [Video Time Stamp: 02:43]

latest answer

If an Indian Citizen is coming to India for a visit, then second basic condition is not applicable.

Anil Kumar.H

Anil Kumar.H

CA Inter

2K+

1

133

Put call parity formula

CFA

answered on 24-Aug-25 17:54

S+p = c+pv(X) Sometimes we short the call or short the put depending upon what we need to find out But shorting call/put means what? Is it selling or writing call/put options??and also shorting the bond which pays X(exercise price) at expire also explain

latest answer

Yes

Dhakshana Dhakshana

Dhakshana Dhakshana

CFA L2

18K+

5

98

round off

AFM

answered on 24-Aug-25 13:24

why we are rounding off to 66.5565 to 66.5575 [Video Time Stamp: 00:06]

latest answer

Rounding

Bala Manoj Kumar.S

Bala Manoj Kumar.S

CA Final

90

1

97

rounding off

AFM

answered on 24-Aug-25 13:27

why we are rounding off to 66.5575 instead of keeping in 66.5565 [Video Time Stamp: 54:12]

latest answer

okay sir

Bala Manoj Kumar.S

Bala Manoj Kumar.S

CA Final

90

2

104

On customer asks for execution

AFM

answered on 24-Aug-25 13:53

as we are entering optional deliverable fwd contract we buy from inter bank and we hold dollar so we can sell the same dollar on execution so the canellation loss will be diff of 65.99 and 66.84 but why we are selling to inter bank again and then we wont hold any dollars so how we can sell to customer at 65.99 instead of buy at spot 65.99 and sell customer 65.99

latest answer

oh ok, thank you sir

Bala Manoj Kumar.S

Bala Manoj Kumar.S

CA Final

90

2

96

Long term solvency ratio: Capital Hearing ratio

Financial Management

answered on 25-Aug-25 09:04

Capital gearing ratio seems to be similar with Debt equity ratio. The only difference is, under CG ratio, the pref. Sh. Cap is removed from denominator and added to numerator in DE ratio. Further my query extends regarding the meaning of capital gearing ratio. I didn't understood the purpose of this ratio as this seems similar with Debt equity ratio. As per my understanding, capital gearing sounds exactly like leverage. i.e. the more debt, more benifit for equity. .... [Video Time Stamp: 09:46]

latest answer

Yes

Vinod Kumar

Vinod Kumar

CA Inter

11K+

3

109

Effective Interest Rate

Financial Reporting

answered on 24-Aug-25 08:22

Sir, if in case of the question if they have given a transaction cost in % or in Rs. Should we calculate the effective Interest Rate.?? [Video Time Stamp: 00:00]

latest answer

Thank you Sir.

K Vamshi

K Vamshi

CA Final

14K+

2

109

Stock lending schemes

AFM

answered on 24-Aug-25 21:01

In this solution the lender of the security (Mr. A) is said to have earned the dividend during the time when he has lent the security to XYZ Ltd. My doubt is isn't the buyer of the shares to whom the short seller (XYZ Ltd) sold shares the current holder of those shares and wont he receive the dividends being the current holder. Would you pls explain why this is so, Sir? If it is Mr. A who should receive the dividend, as told in the question, wouldn't the current holder be at loss. It looks like the dividend Mr. A earns is not what is compensated by Mr. XYZ since in profit calculation of Mr. XYZ it is not considered. Sorry for troubling you sir.

latest answer

Yes

Rama Sesha Gopal

Rama Sesha Gopal

CA Final

11K+

5

108

TDS & TCS

Indirect Taxation

answered on 28-Aug-25 13:43

Sir, In this Example question TDS deducted only for payment due amount, not for Contract Value. But we will deduct TDS for Contract Value [Excluding GST > 250,000]. Sir Kindly clarify this. [Video Time Stamp: 09:01]

latest answer

TDS deduction will be done at the time of payment or credit whichever is earlier.

LAKSHMI G

LAKSHMI G

CA Inter

5K+

1

117

Mock Test Answers

Exams

answered on 25-Aug-25 14:38

Is it possible to provide with the answer key for the mock test papers for our references?

latest answer

You can submit the mock test paper attempted, we will correct the paper and also provide the solution.

Deep P

Deep P

CA Inter

23K+

1

146