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AFM

answered on 12-Feb-26 13:29

Do I get the printed version of study material as and when I get subscription of the classes and is the price of the study material is included in the price. [Video Time Stamp: 15:07]

latest answer

With full course - yes

Rahul Mogaveer

Rahul Mogaveer

CA Final

0

1

41

Doubt regarding ITC Distribution - Illustration 15 Logic

Indirect Taxation

answered on 06-Mar-26 13:02

Sir, I have a doubt regarding the ITC distribution for the Ganganagar and Mumbai branches. We specifically assigned IGST 18,000 to Ganganagar and IGST 1,50,000/- and 15,000/-CGST 15,000/- SGST to Mumbai. When we calculate the share for the other branches, shouldn't we subtract these specific amounts from the total first? I'm trying to follow the same logic we used in Illustration 15 (Ceramity Ltd) [Video Time Stamp: 11:53]

latest answer

Okay Sir, thank you.

K Vamshi

K Vamshi

CA Final

14K+

6

31

IND AS 109

Financial Reporting

answered on 13-Feb-26 11:13

In this case due to forex rates it is a derivative.But in the book it also mentions that it is a derivative because of the because it's value changes based on value of sales.However,value of sales is a non financial variable which is specific to a party to the contract.Hence it is incorrect in tb right ?

latest answer

Forex rate is fixed. Variation is because of sale volume

SANSKRITI BADRI 2111339

SANSKRITI BADRI 2111339

CA Final

3K+

1

26

Value of supply ( insurance )

Indirect Taxation

answered on 17-Feb-26 12:33

Sir, for may 2026 attempt is insurance related topics sums are required?

latest answer

Technically No.

santosh durgapu

santosh durgapu

CA Final

2K+

1

29

Equipment Grant - Ready to use

Financial Reporting

answered on 13-Feb-26 13:04

Why is it that we wait until the asset is ready to give the treatment for gov grant? Are we assuming the grant is received on the condition that the asset is finished? [Video Time Stamp: 03:22]

latest answer

Fair enough. Thank you sir

Vishnu Muraleedharan

Vishnu Muraleedharan

CA Final

32K+

2

30

Interest on Interest

Financial Reporting

answered on 13-Feb-26 13:02

Why is it that we are capitalising the interest on the interest paid for year 3? Is any assumption made?

latest answer

Ok, thank you

Vishnu Muraleedharan

Vishnu Muraleedharan

CA Final

32K+

4

32

Loan after expense

Financial Reporting

answered on 13-Feb-26 13:00

In this case, if the general loan was taken and used for some working capital purpose, can we still capitalise the Borrowing Cost ? One could still argue that maybe the expenditure wiped out the entire cash balance, so the loan had to be taken to sustain normal operations. Is this correct?

latest answer

Thank you!

Vishnu Muraleedharan

Vishnu Muraleedharan

CA Final

32K+

2

21

Advance to Suppliers

Financial Reporting

answered on 12-Feb-26 08:09

So advance extended to supplier can be a Qualifying Asset? Assuming the underlying asset is also Qualifying* [Video Time Stamp: 03:00]

latest answer

Thank you

Vishnu Muraleedharan

Vishnu Muraleedharan

CA Final

32K+

2

18

RCM

Indirect Taxation

answered on 17-Feb-26 12:33

If GTA & Security agency is unregistered means who will liable to pay gst [Video Time Stamp: 05:48]

latest answer

If unregistered because turnover less than threshold limit then no GST will apply.

Shivashankar Jawai

Shivashankar Jawai

CA Inter

2K+

1

48

Co-efficient of Variation

AFM

answered on 11-Feb-26 11:41

In earlier video, we arrive at C.V. as S.D/ Expected Cashflows, however in Illustration 12 we use Expected NPV in place of Cashflows, is it because of the availability of data in tha sum? Whether to consider expected cashflow or NPV when both data is available?

latest answer

Yes depends on data available

SANJITHA

CA Final

0

1

28