Forums
Working capital Management
Financial Management
answered on 05-Jan-26 17:02
I want Segregation for this Domestic and Export sales for calculation of Debtors Any Method available Sir ? I'm trying in this way
latest answer
Receivable days is computed on COS not on Sales value COGS = Sales - GP COS = COGS + Selling Exp Dom sales = 18 lacs Dom GP rate = 20% Dom COGS = 18 - 20% x 18 = 14.4 lacs Dom COS = 14.4 + Selling Exp Export Sales = 8.1 lacs GP on exports Idea GP is 20% on Ideal SP Export current SP is 10% below ideal SP = 90% of Ideal SP Current SP = 8.1 which is 90% of ideal SP IDeal SP is 8.1/.9 = 9 lacs Ideal GP on exports = 9 x 20% = 1.8 Actual COGS = 9 - 1.8 = 7.2 Actual GP = Current SP - Actual COGS = 8.1 = 7.2 = 0.9 Actual COS = Actual COGS + Selling expenses Total Selling exp = 112500 apportion in ratio 18:8.1 i.e 77586: 34914 Adding Selling Exp to COGS we get Cash COS
Eswar Aakash
CA Inter
★ 57K+
5
40
Articleship registration
Others
answered 1 day ago
Sir I'm registering for articleship, I filed 102 and principal approved then I submitted....can anyone explain to me about the process after submission and please tell me how many days it took to approval by the icai regional office??? And what to do with 102 downloaded pdf
latest answer
Ok sir... Thank you
Priyanka R
CA Final
★ 20K+
4
41
As14
Accountancy
answered on 04-Jan-26 20:40
Sir , in case of AMALGAMATION in nature of merger , what adjustment should to be done for excess of what we get than what we paid ?
latest answer
Ok sir thank you
Nagachaitanya Nomula
CA Inter
★ 8K+
2
32
JANUARY 2026 CA INTER EXAMS
Exams
answered on 04-Jan-26 20:31
I applied for January 2026 Examinations, I prepared only paper 3 some what better. If i write only paper 3 and other 2 will be absent By Luck if i score 60+ Marks, i will get exemption in that paper? For the next attempt I will write only 2 papers ?
latest answer
No , you have to be physically present for all papers even if you write nothing/ something
MACHAVARAM KRISHNA VAMSI
CA Inter
★ 540
1
52
Tax calculation
Direct Taxation
answered on 05-Jan-26 12:58
Whether deduction and rebate claimed against special rate income?
latest answer
No. Not allowed.
Devisree
CMA Final
★ 0
1
20
Rule 43 and 32(5)
Indirect Taxation
answered on 05-Jan-26 12:48
if a machinery purchased on 10 jun 2024 for exclusive use of exempted supply. On 10 jan 2025 it is used for both exempted and taxable supply now how many quarters will be considered for the reversal under rule 43, whether 3 quarters or 4 quarters?? Also clarify for Rule 32(5) repossession .
latest answer
4 quarters. Part of quarter is considered as full quarter.
SURESH KUMAR RSK
CA Final
★ 200
2
31
Payment for Registration
CFA
answered on 04-Jan-26 12:37
I don't have a credit card. How can we make payment for registration? Can we use a debit card, and is there any other way we can do it, like approach our bank?
latest answer
Pls use some one else’s credit card and pay Not sure if payment gateway has debit card or net banking option Try making payment and see
Suresh Krishna
CA Inter
★ 0
1
30
post importation costs
Indirect Taxation
answered on 05-Jan-26 12:49
sir, is cost incurred after import is included or only upto the port are included? [Video Time Stamp: 03:36]
latest answer
Cost upto import is only included. Cost incurred after import is not considered.
santosh durgapu
CA Final
★ 2K+
1
22
Exam Questions
Financial Reporting
answered on 04-Jan-26 08:02
Sir can we expect one question on business combination and one on consolidation full question or BC or consolidation one of them
latest answer
Generally either Business Comb or CFS. They can change pattern as well.
Akash Nanda
CA Final
★ 25K+
2
30
illustration 3
Indirect Taxation
answered on 05-Jan-26 12:56
sir, i have confusion in the sale of warehouse goods. is the transaction value should we take? or the cif value ? [Video Time Stamp: 00:48]
latest answer
In case of sale of warehoused goods then the value will be import value or transaction value whichever is higher since Government needs higher revenue.
santosh durgapu
CA Final
★ 2K+
1
18