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answered on 24-Jun-26 11:40

Morning sir , i joined CA via foundation route and cleared G2 but couldn't able to clear G1(usually my marks would be from 125 to 135 but this time it's 113 ). Can I continue the same or shall I shift to CMA or CS . If I take CMA or CS should I write foundation / CSEET or can I directly write intermediate/ Executive.

latest answer

Pls drop a message to 9640111110. My team will schedule a call with me. I need to understand your current situation better.

Sowmya

Sowmya

CA Inter

★ 45K+

3

158

method -2

AFM

answered on 25-Jun-26 10:18

as u said assuming 1858.08 is npv which is being received at the end of the project or at year 5 .... how can we compare or equate $172lakhs and rupee 124.5cr which they are present values.... then if we donot take $172lakhs in to consideration atleast we have to change the 124.5cr into future value knowww....... while we are finding forward rate? [Video Time Stamp: 21:00]

latest answer

NPV = PV of all inflows - V of all outflows USD 172 lacs is already in PV terms so its value is as of day 0 Rs. 1858.08 lacs is NPV - so it is also as of day 0 Rs. 124.5 cr is invested on day 0 - so no need to convert it to any PV as it is already in PV terms We are assuming a single Fwd rate ( forward contract rates are agreed today even though they are rates applicable for transactions at a later date) for converting all Future CF after arriving at their PV in USD terms to convert to USD such that NPV is 1858.08 lacs INR

Hemanth kumar Kapuluru

Hemanth kumar Kapuluru

CA Final

★ 2K+

1

80

interest rate

AFM

answered on 24-Jun-26 07:18

as u said 12% and 15% are RADR Then how we can get to know which rate is used for india and which rate is used for usa [Video Time Stamp: 21:00]

latest answer

Radr

Hemanth kumar Kapuluru

Hemanth kumar Kapuluru

CA Final

★ 2K+

1

64

Carrying amount calculation

Accountancy

answered on 24-Jun-26 10:20

Sir, The Carrying amount of investment calculation is to be done at the end of FY, Right sir??

latest answer

Ok sir

Jagadeesh Jaidev

Jagadeesh Jaidev

CA Inter

★ 645

2

79

Reclassification

Accountancy

answered on 24-Jun-26 10:20

Sir, In reclassification of Current to Long term investment, You mentioned Fair value and Actual Cost. Actual cost is The cost at the time of Purchase, and Fair Value is Value at the time of Reclassification., Am I right, Sir??

latest answer

Ok sir

Jagadeesh Jaidev

Jagadeesh Jaidev

CA Inter

★ 645

2

95

Alc

Accountancy

answered on 24-Jun-26 10:22

Sir I realized u explaining one concept then in doing one Q I also doing same revision Pratice time Sir my Q in exam 1.5day I first all chapter revision all concept then I pratice all Q which I marked OR Sir I I do one concept one arcing standard then one A/cing standard all marke Q in Pratice Then I do 2nd accounting standard Which WILL best work Sir in 1.5day Sir [Video Time Stamp: 00:14]

latest answer

You can do standard by standard.

Roshan G

Roshan G

CA Inter

★ 3K+

1

137

LTC 10(5)

Direct Taxation

answered on 30-Jun-26 21:04

Sir,Whether LTC exemption U/s 10(5) can be claimed in respect of a major (adult) son or daughter who is partially or fully disabled? If yes, whether any dependency condition is required to be satisfied.

latest answer

Ok sir.Thank You

Rajesh Mutyala

Rajesh Mutyala

CA Inter

★ 9K+

2

129

LTC U/s.10(5)

Direct Taxation

answered on 30-Jun-26 13:55

Sir,U/s 10(5) of the Income tax Act, exemption for LTC/LTA Kindly clarify the following: 1.In the case of children, is there any age limit prescribed for claiming LTC/LTA exemption? 2.How should "wholly or mainly dependent" be determined for:Parents,Brothers,Sisters,Children 3.Can LTC exemption be claimed for parents, brothers, or sisters who have their own income but are substantially dependent on the employee? 4.What documents should be maintained to substantiate dependency in case of scrutiny? [Video Time Stamp: 18:12]

latest answer

No age limit. No concept of dependancy.

Rajesh Mutyala

Rajesh Mutyala

CA Inter

★ 9K+

1

101

Illustration 1

Accountancy

answered on 24-Jun-26 11:07

Kindly provide journal entries for illustration 1. like how Progress billing is done, what happens to construction wip! Journal entry would help I'm understanding the accounts. [Video Time Stamp: 08:58]

latest answer

Okay.

Geeta B

Geeta B

CA Inter

★ 9K+

6

140

% of certified work

Accountancy

answered on 24-Jun-26 10:52

Even though 55% of work is completed. Only 45% of work is certified. How can we recognise 55% of revenue? [Video Time Stamp: 08:02]

latest answer

ok sir. thankyou

Geeta B

Geeta B

CA Inter

★ 9K+

2

86