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Financial Reporting

answered on 30-Jun-26 06:29

Does the question bank and lectures actually include past exam papers solved. Just noticed that the only a few questions have been labelled as past exam questions.

latest answer

Similar questions are not included. Some questions of earlier attempts may not have labels (since they would be part if ICAI SM)

Azmi RZmi

Azmi RZmi

CA Final

★ 10K+

1

76

Transportation of goods

Indirect Taxation

answered on 30-Jun-26 13:51

Hello Sir, this lecture seems to be incomplete. Kindly check and please update the same.

latest answer

It is complete. What is missing ?

samruddhi rasam

samruddhi rasam

CA Inter

★ 2K+

1

73

Journal Entries Amount

Financial Reporting

answered on 01-Jul-26 16:15

please rectify the amount in the journal entries

latest answer

thanks for highlighting. will get it corrected.

Vinod Kumawat

Vinod Kumawat

CA Final

★ 2K+

1

117

CFS of gamma ltd

Accountancy

answered on 03-Jul-26 12:49

Sir, 3rd point in this question they have given " administrative and selling expenses amounted to 18cr and salary paid amounted to 22cr " when it comes to admin and selling expenses they didn't say whether they have paid it or not they just said expenses but when it comes to salary they given salary paid which is cash outflow... So my doubt is that if they just mention that it is an expense ( it's not given whether the cash was actually paid or not) shouldn't we take it to calculate net profit instead of deducting it directly on the face of CFS?? [Video Time Stamp: 11:01]

latest answer

We are doing direct method. unless the question mentions, we assume that the cash has been paid for expenses.

Mutchukota Akhila

Mutchukota Akhila

CA Inter

★ 4K+

1

125

return

Indirect Taxation

answered on 30-Jun-26 13:51

incase of any mistakes made in filing gstr 1 ...rectiification shall be made in the nov or sept month?....clarify please [Video Time Stamp: 08:32]

latest answer

30th November following the end of FY.

Nandhini Sekar

Nandhini Sekar

CA Inter

★ 400

1

112

Illustration 35 - Whether mandatory or optional conversion

Financial Reporting

answered on 29-Jun-26 16:51

Hi sir, In this Q, we have calculated the liability as PV of (Interest + 50% redemption at premium). The q only says it is convertible, and that 50% is convertible. I took it as meaning it is convertible optionally upto 50%. Then my computation of FV of Liability became PV (Interest + 100% at premium). Is this a reasonable assumption? [Video Time Stamp: 01:48]

latest answer

Sometimes the questions are not drafted to give a literal meaning.

Vishnu Muraleedharan

Vishnu Muraleedharan

CA Final

★ 32K+

1

64

depreciation

Accountancy

answered on 29-Jun-26 06:57

can you explain depreciation and the [SLM] [WDV]. [Video Time Stamp: 05:07]

latest answer

It will be covered in Depreciation topic later

Haniyya Sathik

Haniyya Sathik

CA Foundation

★ 90

1

71

FSA

CFA

answered on 29-Jun-26 11:52

which subject and and chapter is this topic part of, because I cannot see this topic in the FSA subject Thank you

latest answer

No it won’t

Kaarthick Abishek

CFA L1

★ 0

3

91

Classification of purchases in traditional and modern approach

Accountancy

answered on 29-Jun-26 16:57

Can we say that, according to traditional approach, purchases are classified as nominal and expenses in case of modern approach [Video Time Stamp: 01:35]

latest answer

yes.

Renuka chitrada

Renuka chitrada

CA Foundation

★ 1K+

1

126

IFHP

Direct Taxation

answered on 30-Jun-26 21:07

Sir,Is The assessee can claim 24(b) a separate deduction of ₹2,00,000 for the self-occupied period and another ₹2,00,000 for the let-out period As per Computation?(i.e., a total deduction of ₹4,00,000)? [Video Time Stamp: 17:21]

latest answer

ok Sir.Thank you

Rajesh Mutyala

Rajesh Mutyala

CA Inter

★ 9K+

2

140