Forums
About the Examination Questions in Ethics subject
CFA
answered on 17-Feb-25 19:45
Sir,a Small Question. What type Of Questions are asked Apart From the ethics Kaplan Scheweser Textbook you Said That Some Questions are asked from the Googled ones.
latest answer
Not from googled I meant googly like cricket 😀 Question appears simple but answer is completely different Pls go through cfa institute MCQs in the ematerial
dhupam jayanth
CFA L1
★ 10
1
201
Clause 10 - Client 's Money
Auditing
answered on 19-Feb-25 20:12
What does it mean by separate bank account
latest answer
Dedicated Account for Client Funds A bank account that is distinct from the chartered accountant’s personal or business accounts. This ensures that client money is not mixed with the CA’s own funds.
SANDRA S JOY
CA Final
★ 26K+
1
239
DTAA(Double Taxation Avoidance Agreement)
Direct Taxation
answered on 19-Feb-25 21:41
We are filing an updated return for an NRI for the AY 2022-23. He is filing a return after due date.Can he claim DTAA benefits??
latest answer
He can avail.
sandhya chitturi
CA Final
★ 3K+
2
206
New scheme
Auditing
answered on 17-Feb-25 20:06
Audit in automated environment and co, act 2013 are included in New scheme sir?
latest answer
Yes . Automated is a part of risk assessment and internal control. And companies act relevant provisions are covered in Audit Report topic
anju B
CA Inter
★ 21K+
1
199
shareholders resolution
Corporate & Other Laws
answered on 17-Feb-25 14:59
if in a meeting shareholders 75% approval is required for special resolution. and there would lakhs of persons who have purchased equity shares through stock e=xchange how is it possible to conduct a meeting between those lakhs of shareholders and take their approval
latest answer
That's why there is a concept of e voting bro rule 3, sec 108 of companies act 2013
Sandeep
CA Inter
★ 50
1
171
Why have we not calculated pre deposit on tax + penalty? Please explain
Indirect Taxation
answered on 19-Feb-25 21:52
Why have we not calculated pre deposit on tax + penalty? Please explain
latest answer
Pre deposit in case where it is not admitted will be percentage on tax only but not interest and penalty.
Manu Jacob
CA Final
★ 6K+
1
210
Wanted to confirm that the predeposit will be 25 cr in CGST and 25 cr is SGST, total 50 cr right?
Indirect Taxation
answered on 19-Feb-25 21:54
Hi Sir, I wanted to confirm that the predeposit will be 25 cr in CGST and 25 cr is SGST, total 50 cr right to the appellate tribunal?
latest answer
Appellate authority is 25 + 25. Appellate Tribunal will be 50 + 50
Manu Jacob
CA Final
★ 6K+
1
194
FII selling
Others
answered on 17-Feb-25 04:58
Why are these FIIs selling Indian equities very aggressively what's the reason for this
latest answer
Us interest rates are high so they get better return for risk there. Us is raising tariff disputes with India hence Indian stocks are expected to face uncertainty
Dhakshana Dhakshana
CFA L2
★ 18K+
1
209
Change in method depreciation
Financial Reporting
answered on 17-Feb-25 19:45
Sir, earlier we had learnt change in method of depreciation as change in the accounting estimate, but in this question why we are considering it has change in accounting policy ?
latest answer
Its not a change in method (like SLM or WDV)
Hemachandra D
CA Final
★ 9K+
1
172
Present value calcualation
AFM
answered on 16-Feb-25 20:15
Sir, whatever the price 9178 calculated if present value at the 6th year right. discouting the second 6 year period of yield change to year 6 because of the change in yied to 12 from 8 ,,is int ist.. if yes , then at the time of computing loss, this hould also be discounted to year 0 right.
latest answer
The question is poorly drafted, we are comparing investment on day 0 with price at end of year 6. Here it appears that they are asking what is the loss at end of year 6. If it is loss at end of year 6 then we should not disc and gain / loss But if that is the case we should consider10K as price I disagreed with icai solution and mentioned this in last 2-3 minutes
Abhinav K A
CA Final
★ 2K+
1
195