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Case Laws

Indirect Taxation

answered on 14-Jul-25 12:44

Are we required to remember all the case laws for exam ?

latest answer

Not all but the case laws highlighted as important during lectures should be remembered.

Hrishikesh Pradhan

Hrishikesh Pradhan

CA Final

18K+

1

106

Clarification regarding the calculation of large numbers in the exam

AFM

answered on 12-Jul-25 12:59

Sir, instead of writing out all the zeros, can we express large numbers using powers of 10? For example, writing a number as X × 10^5. Will marks be deducted if we follow this method? [Video Time Stamp: 05:54]

latest answer

use absolute numbers or lakhs

Abhijith K B

Abhijith K B

CA Final

5

2

144

Units clarification as on year end.

AFM

answered on 12-Jul-25 14:25

Sir, How are you saying from the question that at the year end there are 10Lakhs units.

latest answer

Yes

K Vamshi

K Vamshi

CA Final

14K+

3

117

Pilfered Goods

Indirect Taxation

answered on 14-Jul-25 12:40

For example, i imported tesla from USA, and it was unloaded, however later on its tyre was pilfered, now will it be considered as pilfered goods, as third condition was the missing article shall be unit article and not a part. However, for tesla, if the tyre is missing then the car has no use [Video Time Stamp: 07:24]

latest answer

Unit must be pilfered not just a part of unit. It will not be regarded as pilfered.

Hrishikesh Pradhan

Hrishikesh Pradhan

CA Final

18K+

1

136

Derivative Contracts

Financial Reporting

answered on 14-Jul-25 10:13

Apr 21 MTP Qn: Short position - to hedge exchange rate risk. Contract Date future price = 76 Given, Future price on settlement date = 71 Spot rate on settlement date = 72 Settlement price considered for the answer = 71 (i.e gain = 5). Shouldn't the final settlement price be 72 here? resulting in gain of Rs. 4

latest answer

Thank you sir

Durai Murugan

Durai Murugan

CA Final

470

3

99

questions

Indirect Taxation

answered on 11-Jul-25 21:17

sir there are no questions that include the concept of apportionment in the indigolearn material as well as the videos. is there any possibility that you can provide some?

latest answer

ok sir, thank you for clarifying sir

Poojasree Shakthiraam

Poojasree Shakthiraam

CA Inter

25

2

118

Derivative Contracts - Settlement

Financial Reporting

answered on 14-Jul-25 12:36

When Qn stays silent about settlement should we assume physical delivery or net cash settlement? Can we solve ILL 16 assuming it to be net cash settlement?

latest answer

Thankyou sir

Durai Murugan

Durai Murugan

CA Final

470

2

107

How to give answer properly in CA exams as per ICAI expectations

Accountancy

answered on 13-Jul-25 12:12

Dear toppers / students and mentors Please tell how to answer icai expectations point of you for case study accounting Income Tax sums and also theoretical paper so could you please give me the guidance how to exposing answer sheet Because I attend four attmepts still not clear thars why Iam writing but marks not So please explain

latest answer

Thanks 👍 friend from tamilnadu

MPR Sanjay Kumar

MPR Sanjay Kumar

CA Inter

530

2

226

Repayment of loan

Financial Reporting

answered on 14-Jul-25 11:03

Sir, I didn't understand interest part. Why can't we do this in following way Deferred Grant Income transferred to P&L for 2 Yrs (2,16,500*2)= 4,33,000 so balance in Deferred Grant = Rs 6,49,500, Amount of loan = Rs 14,17,500, Penalty = Rs 10,00,000. Repayment Amount = 4,33,000+6,49,500+14,17,500+10,00,000 = Rs 35,00,000 [Video Time Stamp: 10:30]

latest answer

The balance in loan / liability account increases as interest is accrued but not paid. This amount is computed to close the loan account. Total repayment is straightforward - 25 lakhs + 10 lakhs = 35 lakhs.

Banu Priya

Banu Priya

CA Final

6K+

1

105

I have doubt regarding dowloaded videos....

Others

answered on 11-Jul-25 18:01

If I dowloaded the video classes during my course...after my duration is over ...all those videos are available or not

latest answer

No. Not available

sailu sarakapu

sailu sarakapu

CA Inter

4K+

1

132