Forums
Service Costing
Costing
answered on 26-Mar-25 14:29
Why have we taken 90% of the distance travelled?(See the WN of cost of diesel) Isn't 90% for capacity?
latest answer
Got it, thanks.
Sagar Kathuria
CA Final
★ 3K+
2
174
Mathematics of finance
Maths & Stats
answered on 27-Mar-25 10:10
how is the answer to the given question b?
latest answer
thank you sir
Asmita Kar
CA Foundation
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3
198
Time of supply
Indirect Taxation
answered on 27-Mar-25 16:36
Advance payment concept is if advance is more than rs1000 or up to rs1000 ?
latest answer
Advance tax payment is applicable if tax payable is 10,000 or more.
Sushmita Chowdhury
CA Inter
★ 2K+
1
228
Articleship
Others
answered on 26-Mar-25 12:50
Can we upload print out copy of form 108 for articleship termination as my sir is out of state I can't get him signed in original and get original can I upload xerox
latest answer
I think you can wait or rather use courier services like blue dart.
Krishna Krishna
CA Final
★ 780
1
208
Ask rate
AFM
answered on 25-Mar-25 09:38
Sir, for the attached question whether the ask rate for the spot is Rs. 62.72 or Rs. 62.68
latest answer
Ask is 62.72 only as o read out in my video ICAI had a printing mistake as their solution treats 62.72 as ask
Nitin Raj
CA Final
★ 270
1
199
Forward rate on settlement
Financial Reporting
answered on 26-Mar-25 11:44
Why have you been taking 81.75 which is the spot rate as on 30th April for settlement? We have entered on 1st March itself to be settled at 82 as the forward rate is on 30th April. Accordingly settlement should be at 82 right. But why 81.75? As it is being settled at the spot rate on 30th April, then what is the purpose of the term 'forward contact'?
latest answer
Its not an actual forward contract but a kind of notional forward contract. When we agreed to sell copper after 2 months, relevant price or expected pricing is 82. When we actually receive the dollars on 30th April, we have to sell it in spot market which is at 81.75. SO our expectation was to receive at 82 but when we actually sold the dollars in the market, then we incurred a loss.
pooja lakshmi
CA Final
★ 2K+
1
205
Illustration 15
Financial Reporting
answered on 27-Mar-25 07:25
You have mentioned that after conversion of potential shares into ordinary shares, it will included in both Basic EPS and Diluted EPS but in this question, 25000 shares are included only to the extent of conversion date i.e 3 months in diluted EPS. Should we not consider it for 12 months?
latest answer
Got it, Thankyou
Dhanushree Shanmugam
CA Final
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2
230
Accounting of Options
Financial Reporting
answered on 25-Mar-25 06:44
Don't we recognise the FV changes of share price like accounting for forwards/futures?
latest answer
When share prices change, the value of options also change. We account for changes in value of options.
pooja lakshmi
CA Final
★ 2K+
1
154
Management and administration
Corporate & Other Laws
answered on 25-Mar-25 15:32
Copy of resolution file to ROC includes matter u/s 179(3) It specify powers of BOD ? & no person is allowed to inspect such resolution except if the co is banking co ?
latest answer
Please mention the section provision you are referring to here.
Sushmita Chowdhury
CA Inter
★ 2K+
1
196
Budget (Wages )
Costing
answered on 26-Mar-25 12:52
In the question they say that there is a down time in productive hours but why are we adding the non productive time in the answer any specific reasons ? Meanwhile it is a non productive hour we should deduct?
latest answer
We would be required to pay for non-productive hours as well.
Jashvanth.K
CA Inter
★ 11K+
1
167