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Amendment for 17(5)

Indirect Taxation

answered on 02-Jul-25 16:52

Sir with respect to non availability of ITC with respect to tax paid on Sec 74 is restricted upto demands FY 2023-24 and paid for Sec 129 and 130 Removed, amended right ?

latest answer

Yes right.

Hemachandra D

Hemachandra D

CA Final

9K+

1

173

Capital Goods purchased earlier now used for exempt supplies

Indirect Taxation

answered on 02-Jul-25 16:51

what will happen if a machine was purchased 6 years back and ITC was taken as it was for taxable supplies and now it will be used for exempt supplies ?

latest answer

For next 1 year only. Reversal will be done only till the useful life of asset.

Hemachandra D

Hemachandra D

CA Final

9K+

3

201

Value of share = present value of future benefits

Financial Management

answered on 30-Jun-25 22:43

Po= EPS/Ke is formula, but here present value means 1/(1+Ke) will come, why only 1/ke [video Time Stamp: 11:19]

latest answer

Thank you sir

Mugesh Annadurai

Mugesh Annadurai

CA Inter

0

2

154

comparison figure

Direct Taxation

answered on 01-Jul-25 15:36

sir for comparing tax between amt and normal tax what figure of tax will we take - tax before surcharge and hec or after surcharge and hec? and will we add hec to amt tax?

latest answer

ok sir, thank you

Poojasree Shakthiraam

Poojasree Shakthiraam

CA Inter

25

2

198

Clause -3 Projections

Auditing

answered on 17-Nov-25 08:12

"If a Chartered Accountant in practice signs a project report containing 5-year financial projections, would it be considered a certification and could it amount to professional misconduct?" [Video Time Stamp: 01:42]

latest answer

Yes. He can sign , signing doesn’t amount to certifying , or vouching for accuracy. It only identifies the report is prepared by him . Once disclaimer has been given, he will not be guilty.

Harini Desu

Harini Desu

CA Final

2K+

3

171

TDS carried forward

Indirect Taxation

answered on 30-Jun-25 14:35

Till when can we carry forward the TDS credit and what is its time frame [Video Time Stamp: 12:19]

latest answer

No time limit.

Hrishikesh Pradhan

Hrishikesh Pradhan

CA Final

18K+

1

164

L2 derivatives

CFA

answered on 30-Jun-25 12:20

What are the things that will be covered in level 2 of derivatives pls and what's the ideal time for preparation is it also 300hrs

latest answer

Intro to Greeks yes but no to option strategies That comes in L3

Dhakshana Dhakshana

Dhakshana Dhakshana

CFA L2

18K+

3

128

Section

Corporate & Other Laws

answered on 30-Jun-25 12:12

The section mentioned in video after legal representatives is 40 or 48 [video Time Stamp: 11:03]

latest answer

It is Section 40.

Gurukanta Singh

Gurukanta Singh

CA Foundation

19K+

1

154

IND AS Business combination

Financial Reporting

answered on 30-Jun-25 16:47

Sir at the time of explaining concept, it was explained as revised vesting period is balance vesting period as prescribed by Acquirer, Here revised vesting shd have been 1 years right, If wrong kindly correct me, what period shd be taken for revised vesting period,

latest answer

Greater of Total vesting period (new) or existing vesting period.

R Yashwanth Kumar

R Yashwanth Kumar

CA Final

87K+

1

229

Regarding RADR Formula explanation

AFM

answered on 29-Jun-25 13:22

why we are adding the Risk free return rate with risk premium rate, instead of multiplying the both by adding 1 to the rate ? As per your explanation related to nominal rate calculation, to add interest rate we should use multiplication and to subtract should use division. i.e. (1+RADR) = (1+7%)(1+7%) (1+RADR) = 1.1449 RADR = 14.49% Is the above calculated RADR correct or not ? [Video Time Stamp: 00:18]

latest answer

Okay... Thank you Sir

Swetha Selvam

Swetha Selvam

CA Final

16K+

2

213