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AFM

answered on 01-Jun-25 19:24

Sir, could you Explain @ 05.12 why have you taken 12.546% instead of 13.128%.?

latest answer

Okay sir. Thank you.

K Vamshi

K Vamshi

CA Final

14K+

2

151

BRS doubt

Accountancy

answered on 01-Jun-25 10:22

Why the overdraft balance as per pass book is not minus amount, other platforms answer take it as minus but not the icai module and answers are different. What to do?

latest answer

If final answer is matched you will get marks

Ashta Sharma

CA Foundation

5

3

169

Renting for other than the religious taxable

Indirect Taxation

answered on 03-Jun-25 15:59

Renting for other than the religious taxable is mentioned in ICAI material pg no 4.16

latest answer

Renting of precints of religious place is exempt. For what purpose it is rented is not the criteria.

Hemachandra D

Hemachandra D

CA Final

9K+

3

184

Amount fetch of old will deductable while calculating depreciation of new machine

Financial Management

answered on 01-Jun-25 09:06

10.36 would depreciation was on new machine - amount fetch of old too sir?

latest answer

Dep is on Net Cost of Acquisition

anju B

anju B

CA Inter

21K+

1

124

Remeasurement of lease liability

Financial Reporting

answered on 02-Jun-25 12:34

Sir can i know the logic behind using revised discount rate for remeasurement of reassesment purchase option

latest answer

The decision to exercise or not exercise the purchase option changes the substance of the lease arrangement. For instance, the lessee may own the asset after lease term. Since the underlying substance of transaction is changed, we use revised rate.

P.udaykumar Pasupulati

P.udaykumar Pasupulati

CA Final

2K+

1

160

Doubt

Financial Management

answered on 31-May-25 20:55

For Actual maintenance cost and operating cost Tax implication?

latest answer

Both are tax allowable expenses

anju B

anju B

CA Inter

21K+

1

124

Doubt

Financial Management

answered on 31-May-25 20:55

For Actual maintenance and operating cost Tax implication?

latest answer

Both are tax allowable expenses

anju B

anju B

CA Inter

21K+

1

111

FINANCIAL INSTRUMENT

Financial Reporting

answered on 31-May-25 21:34

Sir how is the Interest recognised in case of reclassification from ACM to FVTPL, whether it is based on original carrying amt

latest answer

For ACM and FVTOCI the interest calculation is done using EIR method as explained in class. For FVTPL, whatever interest is received, it is recognised in PL

R Yashwanth Kumar

R Yashwanth Kumar

CA Final

87K+

3

151

Financial instrument

Financial Reporting

answered on 02-Jun-25 12:44

Sir this first condition in case of simplified approach (impairment of financial assets) - where there is no significant financing component Is it only applicable to trade receivable and contract assets Doubt is whether this condition also applies to Lease Receivables,

latest answer

Not for lease receivables

R Yashwanth Kumar

R Yashwanth Kumar

CA Final

87K+

1

129

Sir auditing book not available in free resuouresess

Auditing

answered on 03-Jun-25 19:28

Sir auditing books not available in free resuouresess

latest answer

Which book are u referring to?

RHeRajhans Gupta

RHeRajhans Gupta

CA Final

0

1

150