Forums
Purchase consideration
Accountancy
answered on 02-May-25 14:46
In qn it is given that ₹60 fully paid up equity shares of Zltd were issued to A ltd and B Ltd at ₹60 premium but in the solution while computing Purchase consideration they have given ₹10 fully paid up equity shares at ₹10 premium...How comes this?
latest answer
Okay Sir
Nisha M
CA Final
★ 2K+
2
189
Ethics
CFA
answered on 02-May-25 14:32
Mr X is a cfa working for a hedge fund on weekends mr X works for a product selling company and receive remuneration for it so under duty to employer does MR X have to disclose this product selling to his hedge fund employer even though the job he is doing on weekends doesn't compete with Hedge fund intrest in any way? Pls ans
latest answer
Depends on contract with employer but short answer is yes
Dhakshana Dhakshana
CFA L2
★ 18K+
1
150
Companies accounts
Accountancy
answered on 04-May-25 15:40
What is the amount that need to be transfer to capital reserve in both the questions ?
latest answer
(ii) 150 is transferred to capital reserve (iii) 80 is transferred to capital reserve
M Pavan
CA Foundation
★ 290
1
188
Title to be changed
Indirect Taxation
answered on 02-May-25 11:19
The concept dealt with is w,r,t "Place of supply of services", but the title shows 'Time of supply of services'. Kindly change it. Thanks.
latest answer
Changed. Thanks for highlighting
K Barath Kumar
CA Inter
★ 80
1
207
Clause 10 , Part 1, Second schedule
Auditing
answered on 04-May-25 14:17
Mam, If Client has given the money for two purposes, ex : Advance tax and GST payment , but at time of GST payment the money is not sufficient so CA has used the client money which has given for Advance tax. Is this fine mam ?
latest answer
The money was given for a specific purpose Using it for a different purpose (GST), even for the same client, amounts to: -Breach of fiduciary duty. -Violation of the intended use of client funds. So he will be guilty
Sai Vema
CA Final
★ 108K+
1
195
BUSINESS LAWS- 5 marks query
Others
answered on 06-May-25 17:03
suppose there is a qs asking legal rules for consideration for 5 MARKS (in module 8 points given) so in exam should we write 5 points or as many points as possible???
latest answer
yes
Viswas
CA Foundation
★ 470
3
173
Cash flow statement
Accountancy
answered on 02-May-25 11:37
Foreign exchange loss treatment In operating activities it need to be add with net profit and its other effect should be adjusted with cash balances?
latest answer
Ok Sir thank you
Bhavani Jagadeeshan
CA Inter
★ 2K+
2
231
DOUBLE SHIFT WC REQUIREMENT
Financial Management
answered on 03-May-25 11:02
Sir can you explain clearly why wip units do not change with an example or something
latest answer
thank you sir.. understood now... crystal clear clarity
Preethi S
CA Inter
★ 2K+
2
207
probability
Maths & Stats
answered on 02-May-25 15:10
I don't understand how the probability of making profit is 0.85? Please explain.
latest answer
Ok sir
Asmita Kar
CA Foundation
★ 7K+
2
165
IND AS 23
Financial Reporting
answered on 02-May-25 12:00
Sir in this question whether it is considered as specific borrowing or general borrowing,
latest answer
Assumed general.
R Yashwanth Kumar
CA Final
★ 87K+
1
212