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What is the cost of acquisition

Direct Taxation

answered on 24-May-22 16:51

See this not treated as transfer right . So the cost of acquisition of current owner = cost of acquisition of previous owner right ??? Is 2 lakh or 6 lakh

latest answer

https://youtu.be/2-eVL1DwUKw You can watch this

nisam M

nisam M

CA Final

23K+

9

470

Banking companies

Accountancy

answered on 24-May-22 15:43

CRR and SLR rates applicable for may 2022 exams ?

latest answer

SLR Rate : 18.00% CRR : 4.00%

Sai Theja

Sai Theja

CA Inter

3K+

5

405

Amalgamation of Companies

Accountancy

answered on 24-May-22 15:43

In illustration 10 Can anyone please explain 2nd and 3rd info with regard to entries

latest answer

If Preference shares in Q Ltd are of Rs. 1,00,000, P Ltd. will issue 900 10% Preference Shares amounting to Rs. 90,000 being Rs. (100000-10%)

Manoj Raj

Manoj Raj

CA Final

12K+

3

427

Coc

Financial Management

answered on 24-May-22 07:39

Calculate ke ( coc chap) and D1( in both coc and dividend decision chap)

latest answer

Dividend = 25% of Rs. 4 = 1 (Assumed this is D0) Growth Rate = 8% D1 = 1 + 8% of 1 = 1.08

Sathiya Bama

Sathiya Bama

CA Final

24K+

19

536

Cfa

Others

answered on 25-May-22 10:34

Dear Indigo Learn Team,pls provide CFA classes too

latest answer

https://www.youtube.com/channel/UCOI015vXlDZhP69cAI6hmtA Details available here. Subscribe to this channel

pradyumna hariramani

pradyumna hariramani

CA Inter

290

11

498

New forum post

Economics

answered on 24-May-22 15:51

Sir if I do scanner from 2006 and with all concept is it enough ?

latest answer

That is more to ask for. That would sufficiently do.

Nai Jay

Nai Jay

CA Inter

7K+

22

472

Banking company

Accountancy

answered on 24-May-22 15:52

Can anyone say how this amount 22,97 has arrived in the illustration 2 schedule 13.

latest answer

2045+148+92+12=2297

Manoj Raj

Manoj Raj

CA Final

12K+

2

411

As 4

Accountancy

answered on 25-May-22 10:43

Did not this subquestion 1 of question 1.9,pls explain....

latest answer

Got it

pradyumna hariramani

pradyumna hariramani

CA Inter

290

4

411

As 29

Accountancy

answered on 28-May-22 16:32

In this Question,against provision, accountant wants to recognize revenue, but it cannot be done because it a contingent Asset as per As29.Even if it is just to avoid understatement of profit ,it is not right because as per prudence contingent asset cannot be recored in p &l

latest answer

Ok thank you

pradyumna hariramani

pradyumna hariramani

CA Inter

290

4

483

As 29

Accountancy

answered on 25-May-22 10:14

In 13.1 ,subquestion 1 There is provision created to remove oil rig but why to create provision for restoration of damage which has not incurred till now.It says outflow of resources embodying economic benefits is probable and therefore provision will be created also for damage restoration, did not understand. In subquestion 2 , what is happening here, what are restructuring cost provisions.

latest answer

Thank you Sir

pradyumna hariramani

pradyumna hariramani

CA Inter

290

12

445