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Impairment of Assets

Financial Reporting

answered on 23-Jun-25 12:52

Sir, Why we are allocating Goodwill to CGU 1, since synergy benefits are only for CGU 2 entire Goodwill should be allocated to CGU1 ?

latest answer

Question is not properly framed. What they mean is other CGUs which are existing in the company.

R M

R M

ACCA Professional

4K+

1

148

Difference

Direct Taxation

answered on 23-Jun-25 15:36

1. What is the difference between transfer / use of movable assets ? 2. What if computer or laptop given by employer to use and emplyee used that for personal purpose then is it taxable ? If it is taxable then what will become the taxable value of perquisite ?

latest answer

Transfer means sale but use means given for use. Laptop given for use is not taxable. Law is silent about personal use in case of laptop.

Sri ram Pothineni

Sri ram Pothineni

CA Inter

11K+

1

187

Doubt

Maths & Stats

answered on 22-Jun-25 09:13

Can we take 6C1 and 6C5 in this question

latest answer

But if one 1 other has to be 5 Only options left are 2,4| 4,2 & 3,3

Gurukanta Singh

Gurukanta Singh

CA Foundation

19K+

3

168

IND AS 28

Financial Reporting

answered on 23-Jun-25 12:53

Sir here depreciation shd have been provided for 1/2 year right from 30th Sep X1 to 31st March X2

latest answer

Thanks

R Yashwanth Kumar

R Yashwanth Kumar

CA Final

87K+

2

146

Doubt on the clause of fraud

Corporate & Other Laws

answered on 25-Jun-25 14:26

Does this is applicable in oral agreement between friends or family ------A promise made without any intention of performing it-------

latest answer

Yes, you can sue your friend and recover your agricultural land and compensation.

Gurukanta Singh

Gurukanta Singh

CA Foundation

19K+

3

157

Trading with enemy

Corporate & Other Laws

answered on 25-Jun-25 14:20

A person from india entered into a agreement with a person of China in 2015 in a situation where war is not happening Due to certain circumstances a war happened between india and china in 2019 Agreement was valid till 2022 in these situation the agreement will be a valid or void

latest answer

Yes

Gurukanta Singh

Gurukanta Singh

CA Foundation

19K+

3

179

mutual fund

AFM

answered on 21-Jun-25 19:50

sir in the above sum why isn't opening investment value not included? (400*19) but in illustration number 36 you have included it so what is the difference between those two questions? [Video Time Stamp: 04:40]

latest answer

At 4.40 we are computing just income Per unit and not yet computed NAV We compute NAV at 7.00 minutes

P AKSHAYA

P AKSHAYA

CA Final

260

1

157

Fundamental Analysis

Others

answered on 21-Jun-25 09:59

Kindly say how to do fundamental analysis although it is part of our course I just want to know how to apply those to filter out stocks

latest answer

Thank you sirr

Dhakshana Dhakshana

Dhakshana Dhakshana

CFA L2

18K+

2

137

Doubt

Accountancy

answered on 21-Jun-25 07:56

In this type of questions the transaction by bank should be done in month for which brs is being prepared Am I correct or not

latest answer

Question would mention if you need to prepare adjusted cash book

Gurukanta Singh

Gurukanta Singh

CA Foundation

19K+

1

200

BRS

Accountancy

answered on 23-Jun-25 13:44

In the answer of this question the balance as per cash book is overdraft of bank column As seen in this answer which are to be less they are added and which are to be added are less This type of situation happens in pass book if balance given The reverse happens if we take base as cashbook Can I do reverse which are added I will less and vice versa irrespective of balance is favourable or unfavorable

latest answer

Thanks sir

Gurukanta Singh

Gurukanta Singh

CA Foundation

19K+

4

230