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Summarize

AFM

answered on 21-Feb-25 22:59

Sir, could you please summarize how can we identify in a question if its is growth, abandonment or timing option. I find it slight tricky to identify them and more confused with timing one.

latest answer

Yes

Hrishikesh Pradhan

Hrishikesh Pradhan

CA Final

18K+

3

277

timing option

AFM

answered on 21-Feb-25 21:12

How did we identified if it is timing option

latest answer

Based on the text in the Last line of Question - "wait and see?"

Hrishikesh Pradhan

Hrishikesh Pradhan

CA Final

18K+

1

205

Sale proceeds

Financial Reporting

answered on 23-Feb-25 17:29

Sir 1500 What we received is for 90% stake sold or for 100% stake sold ?

latest answer

Entire stake sold means 90% stake sold.

Hemachandra D

Hemachandra D

CA Final

9K+

1

167

SUB TENANT RENT TAXATION

Direct Taxation

answered on 24-Feb-25 17:27

SIR, The income for sub tenant for re renting the already rented property is taxed under ifos right??

latest answer

Yes. Income from sub letting is taxed under IFOS.

Sandeep

Sandeep

CA Inter

50

1

185

Computation of total takings

Costing

answered on 25-Feb-25 17:47

Sir in this shall we assume 234335.25 is equal to 50% and compute for 100% then we re-compute the passenger tax & profit ? Shall we do it that way ?

latest answer

Yes you can do it that way as well.

Jashvanth.K

Jashvanth.K

CA Inter

11K+

1

166

NIFO

Financial Reporting

answered on 23-Feb-25 17:31

Sir in the Reporting entity standalone FS exchange Gain or loss of Monetary items in nature of NIFO will be taken to PL And also in the standalone of foreign enity FS it will be taken to PL But only in case where Reporting enitity prepares consolidated FS considerign the foregin operations, then it will taken to OCI Am I right ?

latest answer

Yes

Hemachandra D

Hemachandra D

CA Final

9K+

1

170

10% of commision

Costing

answered on 25-Feb-25 17:58

Sir what about the 10% commission on taking and we didn't add up to the salary as It is running charges why didn't we add up ? It is inclusive with salary right ?

latest answer

Oh ok sir thanks

Jashvanth.K

Jashvanth.K

CA Inter

11K+

2

203

Rebate under sec 87A

Direct Taxation

answered on 25-Feb-25 12:20

Amendment came for default tax rate regime for May exam Here u/s 87A there is any changes.

latest answer

Done.

Mugesh Annadurai

Mugesh Annadurai

CA Inter

0

7

256

Computation of u & d

AFM

answered on 21-Feb-25 18:12

PV of future cash flow i.e. Current NPV is 2.1 Cr (21Lakh/0.1). and if We wair for 1 Year it may be 3.5 Cr or 1.2 Cr. U should be 3.5 Cr / 2.1 Cr. Isnt it. Why Cost (2.5 Cr) plays a role here in computing U & D.

latest answer

Real options

Chandan Subudhi

Chandan Subudhi

CA Final

12K+

5

211

Roc

Financial Management

answered on 21-Feb-25 11:38

Exactly in exam which formula should we used For return on capital employed

latest answer

EBIT / CE If Post Tax then x (1-t)

anju B

anju B

CA Inter

21K+

1

174