Forums
Company following AS
Accountancy
answered on 13-Mar-23 12:06
Can a company following AS shift to ind as on voluntary basis although its net worth is less than 250 crore and it is unlisted company?
latest answer
Yes
Atharv Sankliya
CA Final
★ 3K+
3
411
Valuation of equity chapter
AFM
answered on 13-Mar-23 05:16
In illustration 13, Mr.A Can we write and assumption that, as 1 share held is not eligible for bonus and calculate everything for each year for 1 share instead of 1.2 share?
latest answer
NO ,the correct interpretation of the question is that for every 5 existing shares held in the company, a shareholder is entitled to receive 1 additional share. This entitlement is not limited to shareholders who hold 5 existing shares or multiples of 5 existing shares. Rather, every shareholder who holds any number of existing shares is entitled to receive 1 additional share for every 5 existing shares held. Therefore, assuming that Mr. X holds 0.2 Bous shares for every 1 share in the company (i.e., 1/5 of a share). by the way In US stock market we can invest in fractional shares also.
Lalit Sanpal
CA Final
★ 6K+
1
489
Negotiable instrument
Corporate & Other Laws
answered on 20-Mar-23 14:46
Please can any one explain me.......
latest answer
Chart you have made is correct except the last row relating to E. The example completes with last trf to D.
Addu Gill
CA Inter
★ 0
4
462
Ind AS 102
Financial Reporting
answered on 12-Mar-23 19:49
Hello sir, For equity settled transactions on share options provided to the employees, we have to recognize the expense over the vesting period based on fair value as at grant date. Will there be any entry as at grant date?
latest answer
Got it sir, thank you
Suresh Avinash
CA Final
★ 3K+
2
526
NOV 22 RTP - AMALGAMATION
Accountancy
answered on 13-Mar-23 19:40
Sir, I find it difficult to understand what is given in the question about goodwill and the goodwill calculation . Please make a video or explain Sir.
latest answer
Sure.
Dhivyaa Latha
CA Inter
★ 4K+
1
447
Sec 24(b) interest on home loan
Direct Taxation
answered on 13-Mar-23 14:43
If an assessee has not repaid any amount of loan availed during construction period. Whether such interest on pre and post construction period is allowed under sec 24 (b) ?!
latest answer
Thank u
Sajeetha R
CA Final
★ 46K+
2
442
Quoting sections
Direct Taxation
answered on 13-Mar-23 20:59
Is it important to mention sections in DT while writing answers in exam
latest answer
Ohk thankyou so much 👍🏻
Rifhat Khan
CA Inter
★ 28K+
5
494
Registration
Indirect Taxation
answered on 13-Mar-23 12:31
Goods transfer from one branch to another branch (inter state) is it supply? Is this transaction is included in aggregate turn over
latest answer
Yes it is. Since they are regarded as distinct persons.
Sruthi sruthi
CA Inter
★ 640
2
469
Doubt in FM
Financial Management
answered on 13-Mar-23 19:29
What value of debenture and preference shares should be used to determine cost of debt and cost of preference share capital? Sale value or market value ??
latest answer
for WACC weights, we would take market values only.
Kiran Singh Thakur
CA Inter
★ 14K+
4
554
Gratuity
Direct Taxation
answered on 12-Mar-23 16:12
Gratuity received by govt. employee, member of civil services,local authority while in service is taxable or exempt ? Further whether received while in service is relevant for such employee or no..?
latest answer
Gratuity is not paid during service.
dheeraj hembram
CA Inter
★ 240
2
417