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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

113

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

136

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

118

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

250

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

115

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

144

How to update ssp portal profile

Others

answered on 14-Jul-25 15:28

Supporting documents for photo update means sir

latest answer

You can log in and update.

sreekumar Devara

sreekumar Devara

CA Final

0

1

143

About ammendment in syllabus

Accountancy

answered on 14-Jul-25 15:30

Is this the new topic added for CA foundation that is there for Inter syllabus

latest answer

Yes. In inter you have a full subject on GST.

Bhavagna reddy Puli

Bhavagna reddy Puli

CA Foundation

730

1

207

Allocation of Losses

Financial Reporting

answered on 11-Jul-25 08:27

Carrying amounts after reclassification are: PPE - 100 Building - 50 Inventory - 200 Creditors - (100) Total - 250 Carrying amounts at year end: PPE - 100 Building - 50 Inventory - 10 Creditors - (80) Total - 80 Sir, In this scenario how do we allocate 170 loss between the assets?

latest answer

Ok sir. Thank you

Sai Eswar Kolli

Sai Eswar Kolli

CA Final

30K+

7

133

Question 5

AFM

answered on 10-Jul-25 20:54

Sir in the above question it says as per regulation norms upto $ 250000 but the investor is investing 1.58crores which is more than $ 250000 .How sir?

latest answer

Explained at 5 .30 minutes We take what is given in question for solving it. In real world it would not be possible to remit more than FEMA limits, but in ICAI world only ICAI logics work. Common sense be damned 😁

P AKSHAYA

P AKSHAYA

CA Final

260

1

137