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Old and used motor vehicles
Indirect Taxation
answered on 28-Dec-24 18:12
In the video, concept regarding valuation of second hand goods on which supplier has claimed depreciation under income tax act as given in Notification no. 8/2018 CT(R) is not discussed. The same is given on page no. 6.57 of Module 1 of study material Can you mention in which video it has been discussed?
latest answer
Will check and revert. If it is missing, will get it included. Thank you.
Abhishek Joshi
CA Final
★ 120
1
194
Binomial tree
AFM
answered on 28-Dec-24 14:03
Sir can you please explain the process of finding the "Expected value of Option" under Binomial method?
latest answer
Ok
Mohanbabu N
CA Final
★ 3K+
3
203
Book vs market
Financial Management
answered on 28-Dec-24 15:43
For net proceeds or redemption value this book vs market relates to what? For which it's applicable Net proceeds or redemption value
latest answer
Okay thank you sir I understand Previously I confused with for RV which value is used and for NP which value is used i.e, bv,mv, issue price
anju B
CA Inter
★ 21K+
4
652
CA FINAL -May 2025- Exam eligibility -Advanced ITT Exam
Exams
answered on 09-Apr-25 17:14
I have completed MCS and going to complete Advanced ITT by 31st of this month. I'll be writing the Advanced ITT exam only on Feb 2025.But the exam application for Final May 2025 will also be opened in Feb 2025.Will I be eligible to apply for May 25 attempt? Is it mandatory to complete Advanced ITT exam before filling exam application form or is it enough to complete the same before appearing for Final exam?
latest answer
The cut-off date is 10th April. Pls check with ICAI helpdesk as to when they would declare results.
Gowshika LT
CA Final
★ 40K+
4
2K+
AUDIT OF BANKS
Auditing
answered on 28-Dec-24 20:58
in case study question 3 of AUDIT OF BAMKS As regards debit balance of 1.50 lacs in Savings account, which of the following is correct from point of view of an auditor? (a) The situation does not attract RBI norms on asset classification. (b) The debit balance of ₹1.50 lacs should be classified as NPA. (c) The situation does not attract RBI norms on asset classification as no credit facility was granted. (d) The bank cannot demand excess interest paid to account holder. The answer to this is option (b) The debit balance of ₹1.50 lacs should be classified as NPA. But where it is mention such type of debit balance can classify as NPA.
latest answer
👍
Muhammed Salih
CA Inter
★ 18K+
5
573
Setoff benefit
Others
answered on 30-Dec-24 15:30
Will group wise setoff benefit will there if I have exemption in previous attempt
latest answer
Yes. But not for permanent exemption.
Madhu Reddy
CA Inter
★ 4K+
1
651
Exemption
Exams
answered on 29-Dec-24 12:29
I got 65 in costing in sept 2024 attempt. I'm writing both groups in January, If I get 50+ in audit and fmsm. Excess group 2 marks will benefit for inter group setoff?
latest answer
Thank you sir 🙏
Madhu Reddy
CA Inter
★ 4K+
4
569
Rf Computation
AFM
answered on 28-Dec-24 09:24
Why did we took average as we have been given values for all the years?
latest answer
ICAI used this method First 1 minute I explained why I don’t agree with ICAI solution Rf is usually constant over a period and does not change same way with rm Usually one takes last 15 years average numbers for rm and Rf
Hrishikesh Pradhan
CA Final
★ 18K+
1
689
Beta
AFM
answered on 28-Dec-24 08:59
Sir, then what is the difference when we see beta computation it was r*SDi/SDm and now we are saying it is weighted average.
latest answer
Beta
Hrishikesh Pradhan
CA Final
★ 18K+
1
604
Inherent Risk - Going Concern?
Auditing
answered on 28-Dec-24 22:03
Is the marked point considered as Inherent Risk because there could be a chance that going concern basis of accounting is inappropriate?
latest answer
👍
Vishnu Muraleedharan
CA Final
★ 32K+
3
709