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Ind AS 21
Financial Reporting
answered on 01-Feb-23 17:08
Hello sir, Is investment in subsidiaries a monetary or non monetary item?
latest answer
You will understand more on this in IndAS 109 - Financial Assets. INvestments in shares are fair valued at end of each year with gain /loss recognised in P&L or Other comprehensive income.
Suresh Avinash
CA Final
★ 3K+
5
578
Cyber Security Risk Consideration
Information Systems
answered on 28-Jan-23 21:27
What is meant by the line, "If the application at the company's retailers which contains financial information has weak passwords at all OSI layers resulting in harming the integrity of data"
latest answer
Ok Thanks Sir
Sarthak Aggarwal
CA Final
★ 9K+
2
481
Marks sheet and pass certificate
Exams
answered on 26-Jan-23 19:07
Did anyone started receiving physical marksheet and pass certificate to your address ???
latest answer
But last time i got my group 1 markssheet within 3 weeks ...
Kiran Vijay
CA Final
★ 4K+
2
560
Certified copies through rti
Maths & Stats
answered on 27-Jan-23 11:30
Will applying certified copies through rti leads to any discrepancies in marks?
latest answer
Yes you apply for your reference and also you will come to know where and all they deducted the marks.. so better to apply!!
HNR EAGLES
CMA Foundation
★ 0
5
552
Closing value of investment
Accountancy
answered on 14-Feb-23 12:28
If a company purchase a share of x ltd at rs 100 and during the year another share is purchased at rs 90 , no sale is occur ,FIFO method is used by company, market value at the end is 94 rs What will be the carrying value of investment
latest answer
Ok understood
Atharv Sankliya
CA Final
★ 3K+
7
471
Total income
Direct Taxation
answered on 02-Feb-23 12:12
Here,how come we are including 4L-84k as income from other sources ,but no the purchase of painting from a registered dealer for inadequate consideration ?
latest answer
If it is purchased from a registered dealer, the transaction price is considered to be fair value.
SANSKRITI BADRI 2111339
CA Final
★ 4K+
5
561
Please tell is it composite or mixed supply in following case
Indirect Taxation
answered on 27-Jan-23 17:21
Qus 5
latest answer
Composite supply involves more than one goods and/ or services which are naturally bundled together. It will be taxed @ principal supply rate. Mixed Supply If it involves supply of more than one goods and / or services which are not naturally bundled together. It will be taxed wholly as supply of those goods which are liable to the highest rate of GST Tie shirt - not naturally bundled together - Mixed Supply TV warranty - naturally bundled together - Composite suppply Charger, headset & mobile - naturally bundled together - Composite supply Power bank & mobile - not naturally bundled together - Mixed Supply
Dhakshana Dhakshana
CFA L2
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5
639
Total income
Direct Taxation
answered on 26-Jan-23 18:22
To compute pgbp from the given info,why do we deduct 40k in respect of dep on books without doing 40k(wdv)-40k(dep) ,ie 0 and add that to pgbp?
latest answer
Only recorded under capital gains is they are sold and there is profit.
SANSKRITI BADRI 2111339
CA Final
★ 4K+
4
547
CA final
Others
answered on 28-Jan-23 09:38
I completed my IPCC this January, now if I register for CA final, am I eligible to write exams in May? I have completed my articleship.
latest answer
Ok
kunapareddy chaithanya
CA Foundation
★ 15
14
572
As 1
Accountancy
answered on 30-Jan-23 16:29
Can u explain the 2nd part of this illustration?
latest answer
After sales expenses - like warranty. the company does not want to create a provision for this.
Kamal Kumar
CA Inter
★ 7K+
1
467