Forums
AGM
Corporate & Other Laws
answered on 05-Dec-25 16:00
The AGM date is 1st September. The notice to be served by which date? The answer as per ICAI textbook is 1st August.
latest answer
1st August is not there in the options. The notice if being sent electronically shall be sent on or before 10th August and if by post then 8th August.
Punitha Krishnaraj
CA Final
★ 5K+
3
84
dealers commission.
AFM
answered on 02-Dec-25 16:46
sir , i dont understand why do we have to again deduct the dealers commission from ib bank interest rate as .75% after considering commission was already deducted from 2%. [Video Time Stamp: 18:10]
latest answer
It is not subtracted twice. It is subtracted only once. Please write down the numbers and see. I showed it once for understanding purpose and second time I showed it as a reduction in actual cost Look at final combined cost of both parties and see how much is it lower than original cost
Sahal Shalu
CA Final
★ 0
1
78
Replacement cost of a part
Financial Reporting
answered on 02-Dec-25 16:47
As you mentioned, Ind AS 16 says that when a part of PPE is replaced, the cost of the new part should be added to the asset’s carrying amount if it meets the recognition criteria. This applies regardless of whether depreciation is done component-wise or as a single block like a building. Is it correct sir ? If yes how derecognition will happen ?
latest answer
This rule applies whether depreciation is done component-wise or on the whole asset, because recognition and derecognition are based on substance not on how depreciation is charged. If the replaced part’s cost is not separately identified, we estimate it by using the cost of the new part adjusted for inflation and remaining useful life or some other techincal estimate.
Hari Prasad
CA Final
★ 3K+
1
112
Amendments for Jan 2026
Indirect Taxation
answered on 02-Dec-25 09:45
Could you please confirm if there are any amendments in IDT applicable for the January 2026 attempt, or if the current course is already fully updated and sufficient for the attempt?
latest answer
Welcome.
Yug Bhattad
CA Final
★ 63K+
3
112
Aggregation of Agricultural Income
Direct Taxation
answered on 02-Dec-25 09:36
In this sum balance 30% sugarcane sold which is Agricultural Income is exempt from tax right sir? [Video Time Stamp: 02:34]
latest answer
Yes it is agricultural income and exempt under Section 10(1).
Priya Ravi
CA Inter
★ 55K+
1
83
Section 73A
Indirect Taxation
answered on 02-Dec-25 09:36
There is no lecture about sec 73A relevant for fy 24-25
latest answer
It is being added this week.
Manish Kumar
CA Final
★ 4K+
1
104
borrowing cost mcq
Accountancy
answered on 04-Dec-25 16:24
please explain Q5. how is it 330000?
latest answer
Interest for 50 lakhs - 5.5 lakhs Interest for 30 lakhs - 3.3 lakhs
Ritu Kotian
CA Inter
★ 15K+
1
93
FIRST PROVISO TO SECTION 48
Direct Taxation
answered on 19-Dec-25 19:40
1. whether First proviso to section 48 is applicable for STCG? 2. In case of CG taxable u/s 112A & 112(on transfer of unlisted securities/ shares of closely held company) foreign exchange fluctuation not applicable, then for which shares & debentures does this first proviso applicable. Please clarify
latest answer
Yes.
SURESH KUMAR RSK
CA Final
★ 200
1
90
Acquirer
Financial Reporting
answered on 02-Dec-25 16:52
In this case ABC Ltd incorporated Super Limited to acquire focus limited so wouldn't ABC limited be the acquires as eventually ABc Limited Incorporated Super to acquire focus
latest answer
Super limited is the acquirer in this transaction
Gauri Shete
CA Final
★ 4K+
2
98
Extra Information
AFM
answered on 01-Dec-25 12:24
Hi sir, really thankful for the additional information you're explaining to us to gain clarity! Just wanted to know if these additional information you're explaining is covered in the Theory book i.e, T380 book??
latest answer
👍
G Mohammed Mushtaq
CA Final
★ 15K+
3
95