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After conversion Basic earning per share
AFM
answered on 27-Jul-26 05:38
In this question, part 3, after conversion, we need to deduct pref dividend and arive at value of EAESH and then divide by combined shares of equity and pref right, because it is after conversion, so considering pref shares dividend is must right, but why are we not taking EAESH post pref dividend and taking PAT/combined shares [Video Time Stamp: 06:54]
latest answer
Because once pref shares are converted no pref div is payable and they become equity shares
Lavanya Ravi
CA Final
★ 180
1
100
Before conversion EPS
AFM
answered on 27-Jul-26 05:36
In this question, 3rd part effect of issue on basic earning per share before conversion, why are we deducting pref dividend and arriving at EAESH and then dividing by eq shares, when the question already says before conversion, pref shares are not yet issued or converted, so only eq shares are available hence we have to do PAT/eq shares i.e 15L/5L which is already in question Rs3. may be for after conversion we consider pref shares because shares changes, but for ariving at current earnings before conversion the concept of deducting Pref dividend should not arive right? [Video Time Stamp: 06:54]
latest answer
If ₹3. Is already provided in question their intent of asking basic eps is to make studentncompute basic eps once pref shares are issued Pref div is always deducted in any basic eps computation Only in diluted eps conversion effect is given and share count changes
Lavanya Ravi
CA Final
★ 180
1
101
SPOM Set C guidance
Others
answered on 30-Jul-26 14:15
Out of the 10 papers available for SPOM Set C, which one is relatively more practical and easier to clear, excluding Arbitration and IBC? Law is not my strong suit. Would Risk Management or Financial Services & Capital Markets be a good choice? I'm new to CA Final and have just started studying AFM. Kindly guide me on which paper would be the most suitable.
latest answer
Okay sir, thank you
Asmita Kar
CA Final
★ 7K+
2
83
Section 4 of Income tax 2025
Direct Taxation
answered on 27-Jul-26 09:33
As stated in the module of the ICAI, section 4 contains the total income earned during a 'tax year' by every person.Definition has a tax year, but as per the lecture, it has Assessment year. which legal word is correct, and it has reference to income tax act 1961 Is this reference to income tax 1961 is only for this unit or for all units. [Video Time Stamp: 05:42]
latest answer
Sorry for the confusion. We have added the new lectures to your profile - First two chatpers are completed. Suggest you to start with Adv Acc, Law & GST first. We are recording Income Tax Act 2025.
Gurukanta Singh
CA Inter
★ 21K+
1
83
Recognition as an expense
Financial Reporting
answered on 27-Jul-26 09:54
Sir, The conditions for recognising as an expense, I didn't understand what's the carrying amount of inventories sold in the period point. And what is the difference between 1st point carrying amount of the inventories and 2nd point the amount of any write down of inventory to NRV.
latest answer
The carrying amount of inventories sold refers to the Cost of Goods Sold recognized as an expense. Write down is the holding loss when NRV is less than cost
Gowshick Ram
CA Final
★ 280
1
57
115BAA
Direct Taxation
answered on 29-Jul-26 15:22
In case of 115 BAA deduction under section 35AD is not allowable So in that case whether we need to deduct the depreciation of such 35AD assets like in AMT provisions? Or we need to just simply add back such disallowed 35AD deduction and no need to deduct such depreciation?
latest answer
Yes right.
Krishna Krishna
CA Final
★ 780
1
54
Ind AS 103 - Non Replacement Awards - Vesting Subsequently
Financial Reporting
answered on 03-Aug-26 09:59
In the last example, where the non replacement award vests subsequently, we have treated the pre-combination part as an expense. However is that not part of the purchase consideration accounting? I am not getting the logic of entries to be passed for the pre-combination part alone [Video Time Stamp: 16:18]
latest answer
welcome!
Vishnu Muraleedharan
CA Final
★ 32K+
5
81
Not deposits
Corporate & Other Laws
answered on 27-Jul-26 08:49
Whether written declaration has to be provided only private company director or the director's relative? Or even public company director also supposed to give written declaration? [Video Time Stamp: 15:38]
latest answer
ok mam thankyou
Geeta B
CA Inter
★ 9K+
2
119
leasing - illustration 33
Financial Reporting
answered on 26-Jul-26 12:25
in answer book the numbers were based on PV factor with four digits but the working notes given were based on three numbers. please change [Video Time Stamp: 17:50]
latest answer
Sure. Thanks for bringing it to the notice.
magesh mathiyazhagan
CA Final
★ 22K+
1
55
lease payment
Financial Reporting
answered on 26-Jul-26 12:31
in question no where it is provided whether the lease payment is made at the beginning of the year or at the end of the year. then how it is presumed that the lease payment is made at the beginning [Video Time Stamp: 06:48]
latest answer
The statement - For example the payment due on 1/1/X2 - this indicates that its paid at beginning.
magesh mathiyazhagan
CA Final
★ 22K+
1
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