Forums
Forex
AFM
answered on 24-Apr-24 10:45
Hello Sir In this question if we consider the net cash settlement in Selling put option strategy- we will have a loss of 145.2-144.9 which is 0.3 Yen/USD which will total to 0.3 million Yen. Premium receipt of 2.53 million. Now when we buy 1 million USD @ ask rate 145.05. So total payment is 145.05-2.53+0.3= 142.82. But institute has considered taking delivery. How should we decide whether to take delivery or settle in cash?
latest answer
Good point - if options are OTC, only then delivery is possible. If options are exchange traded, then only Net cash settlement. In exam suggest you take both scenarios and explain the same and give solutions as per both options with assumptions clearly stated
Suresh Avinash
CA Final
★ 3K+
1
301
As 16
Accountancy
answered on 23-Apr-24 16:40
Is my understanding correct? Maximum amount that can be capitalised to cost of asset is to the extent of NRV Hence only5k is capitalised
latest answer
Yes
Krishnan K
CA Inter
★ 5K+
1
341
Mtp may 24
Indirect Taxation
answered on 23-Apr-24 16:36
Anyone has solved mtp series of idt may 24
latest answer
Is there any doubt in the MTP?
Adithiya Bala
CA Final
★ 1K+
1
357
Dividend decisions
Financial Management
answered on 31-Aug-24 11:38
Will any one solve this to me plzz
latest answer
Thnkuhhh soo much sir ..
G Creddy
CA Inter
★ 945
10
377
AS 10 - Trade and Cash Discounts
Accountancy
answered on 25-Apr-24 18:50
Are settlement discounts considered as Cash Discounts? Would a discount for full payment at the time of completion of sale also be a Cash Discount? How do we treat it as per AS-10
latest answer
For deferred payment, calculate present value using discount rate.
Vishnu Muraleedharan
CA Final
★ 32K+
5
611
Trail balance items
Accountancy
answered on 23-Apr-24 16:40
Why the items in trail balance will appear only once in the financial statement?
latest answer
In trial balance - you have either income or expense or asset or liability or equity. So only once.
sitaram kollepara
CA Inter
★ 2K+
1
177
E invoice limit
Indirect Taxation
answered on 23-Apr-24 00:17
Sir. What is the limit applicability for E-invoice. Relevant to May- 2024 exam
latest answer
Thank you sir
Satheesh Kumar
CA Inter
★ 15K+
2
441
Interest on margin trading
Direct Taxation
answered on 23-Apr-24 16:38
Is interest on margin trading dedutable under capital gains as expenses..?
latest answer
Interest paid towards Margin trading can be claimed as an expense if you are reporting your share trading as business income. However, if you report profits from swing trading as capital gains and pay tax as short-term capital gains (STCG) or long-term capital gains (LTCG), then the interest cannot be claimed to reduce the profit.
Shru Kanda
CA Inter
★ 610
1
370
Slab rate
Direct Taxation
answered on 23-Apr-24 16:43
Sir what is difference btw tax rate and slab rates?
latest answer
Tax rate is the % of tax that a person can pay on his income Slab rates are the ranges of income and the rate that is applicable.
Ajaykumar Parit
CA Inter
★ 815
1
330
In IL Study Material Additional Information In Illustration 2 is not there printing mistake
Costing
answered on 30-Apr-24 14:47
In IL Study Material Additional Information In Illustration 2 is not there printing mistake so, shall I refer for the same ICAI SM
latest answer
We have mostly cleared all the mistakes. Please refer to the notes in the website.
GOKUL KOLATE
CA Inter
★ 1K+
2
193