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Direct Taxation

answered on 24-Nov-25 17:40

why is the depreciation for patent at 25%? where is it provided?

latest answer

For intangible assets depreciation rate is 25%. please refer PGBP topic.

Ritu Kotian

Ritu Kotian

CA Inter

15K+

3

96

Penalty under NFRA

Auditing

answered on 13-Dec-25 10:09

Ma'am what is the difference in circumstance between the penalty mentioned here under NFRA & earlier for individual auditor 1 lakh minimum to max 5 times the audit fee (not remuneration) covered in earlier video [Video Time Stamp: 04:35]

latest answer

For non compliance, sec 147 it is 50000. That is from 139 section onwards. Under NFRA, under sec 132, if NFRA finds the auditor guilty then the punishment will 5 times and 10 times as the case may be.

K Ca

K Ca

CA Final

23K+

5

98

Law notes

Corporate & Other Laws

answered on 18-Nov-25 14:04

Regarding provision whether I have to follow icai study material or 1fin indigo learn material because provisions are short in 1fin indigo learn material and is this enough to write provision in the exam and get full marks?

latest answer

The provisions are given in short for you to easily understand them and about what to write in exams it depends on the question type.

Yankana Gouda M Meti

Yankana Gouda M Meti

CA Foundation

0

1

169

Broken Date Forward Premia

AFM

answered on 17-Nov-25 15:36

Sir, instead of assuming the Spot rate of Rs. 55 will remain the same for 10 days, can we use Broken Date forward premia if the same question is asked in the exam? [Video Time Stamp: 04:49]

latest answer

If asked in exam yes

Murali Thripuraboina

Murali Thripuraboina

CA Final

3K+

1

52

International financial management illu 1

AFM

answered on 17-Nov-25 13:42

In this illu .If they have considered only half share in revenue should depreciation also be considered half

latest answer

No here the meaning is these people perfect will invest in capex and get share of revenues and royalty. Investments will be fully by them and not the Indian entity

Gauri Shete

Gauri Shete

CA Final

4K+

1

51

Value of original shareholders

AFM

answered on 17-Nov-25 14:10

Sir, Here what is meant by the value of original Shareholders.? What they are referring to.?? [Video Time Stamp: 13:58]

latest answer

Okay Sir, Thank you.

K Vamshi

K Vamshi

CA Final

14K+

2

71

Ind AS 19

Financial Reporting

answered on 17-Nov-25 12:21

sir, In Il 5 , (350 employees) There are 350 employees in 20X0-X1 but due to 6% attrition rate we consider 329 employees while calculating no. of leaves that carry forward from 20X0-X1 to 20X1-X2. Then while creating provision in 20X1-X2 shouldn't we consider 6% attrition rate ? [Video Time Stamp: 14:00]

latest answer

It is solved with assumption that new employees will be hired.

Sai Vema

Sai Vema

CA Final

108K+

1

71

Facts about NOCLAR

Auditing

answered on 17-Nov-25 19:50

Ma'am, can you give an example for personal misconduct pertaining to business activities? [Video Time Stamp: 05:07]

latest answer

A Chartered Accountant runs a small textile trading business in addition to his CA practice. In that business, he deliberately issues false invoices, suppresses sales, and evades GST. Even though this misconduct is not related to his CA practice, it happens in his personal business activity. It is not connected to his professional work as a CA,but it shows dishonesty, lack of integrity, and violation of law in personal capacity. The Council of ICAI views such behaviour as bringing disrepute to the profession. Simple examples could be abusing or harassing assistance In office by harsh language or behaviour

K Ca

K Ca

CA Final

23K+

1

68

Exemption u/s 10(10D) wrt section 56(2)(iii) was not covered under IFOS.

Direct Taxation

answered on 17-Nov-25 17:44

Exemption u/s 10(10D) wrt section 56(2)(iii) was not covered under IFOS. Please check. [Video Time Stamp: 05:24]

latest answer

It is covered in IFOS. Please check.

Rahul Anand

Rahul Anand

CA Inter

6K+

1

74

Charges

Indirect Taxation

answered on 17-Nov-25 17:39

What's happen to the gst paid on input when residential property are sold after completion certificates. [Video Time Stamp: 06:19]

latest answer

Input needs to be reversed since we are not paying any output tax.

Sudhanbrabu T

Sudhanbrabu T

CA Final

0

1

63