Forums
Supply
Indirect Taxation
answered on 17-Nov-25 17:40
Donation of food to a trust by a food manufacturing company.The trust put their company name, company logo that are visible, it is a supply or not sir [Video Time Stamp: 00:17]
latest answer
If donation provides any kind of advertisement benefit, then it is supply but if it does not derive any advertisement benefit then it is mixed supply.
Sudhanbrabu T
CA Final
★ 0
1
63
Illustration 4
Financial Reporting
answered on 17-Nov-25 12:22
Sir can you explain why derecognition in the first event and no derecognition in the second event [Video Time Stamp: 14:05]
latest answer
Since principal and swap amount are not linked (same), the risk is not transferred and hence not derecognised.
Jaswanth P
CA Final
★ 0
1
61
Forward Rate
AFM
answered on 16-Nov-25 21:37
Sir, in the first part of the question, they asked "At which forward rate of 2 year there will be no opportunity for arbitrage", so we have calculated the Theoretical rate for 2 years, but I don't understand how we justified that at this Forward rate, there is no Opportunity for arbitrage. [Video Time Stamp: 06:16]
latest answer
Forward rate
Murali Thripuraboina
CA Final
★ 3K+
1
66
Govt Services
Indirect Taxation
answered on 17-Nov-25 17:41
Entry No 9E, 9F, 24C, 74A Lecture Missing Sir please Upload
latest answer
Will do that ASAP.
V Ajith Kumar
CA Inter
★ 1K+
1
70
Clarification
AFM
answered on 17-Nov-25 10:33
Sir, current liabilities increased from 5000 to 5400 and we considered 5400 only in the balance sheet to compute new equity but why didn't we consider that short term funds are raised amounting to 400 and while computing DE ratio also we took short term amount as only 3000. Can you please explain sir [Video Time Stamp: 20:24]
latest answer
Understood sir, Thank you sir
siva chaitanya
CA Final
★ 13K+
2
83
134(3)
Auditing
answered on 17-Nov-25 07:59
Mam whether BOD compulsorily want to give opinion on audit report [Video Time Stamp: 12:12]
latest answer
Basically in case of modified opinion, they need to provide explanation
21SCO08 mahalakshmi
CA Inter
★ 1K+
1
85
Sec 143(7)
Auditing
answered on 17-Nov-25 08:01
Mam can you differentiate test audit and supplementary [Video Time Stamp: 08:48]
latest answer
Supplementary Audit is an audit carried out in addition to statutory audit already done by another auditor (usually by Chartered Accountants appointed by a government company), appointed by CAG, to ensure that statutory audit conclusions are correct. Test Audit means examining only selected transactions of the government department instead of checking 100% transactions. Conducted routinely as part of regular audit by CAG.
21SCO08 mahalakshmi
CA Inter
★ 1K+
1
95
New turbine capitalization
Financial Reporting
answered on 17-Nov-25 12:23
New turbine is not yet purchased, it will be purchased on end of 6th year, in that case how can we capitalize turbine
latest answer
the question is can the cost of new turbine be recognised as an asset? So when we purchase the new turbine , it is recognised as an asset.
Naga Srinu Peruboina
CA Final
★ 1K+
1
64
Tcs and registration
Indirect Taxation
answered on 25-Nov-25 04:50
In the given question no 8 of icai study material answer says that ab pvt ltd will not be entitled for threshold exemption but the concept says unregistered person can make supply of goods through eco without taking registration subject to conditions like supply through enrolment number [Video Time Stamp: 20:21]
latest answer
Thanks sir
Santoshkumar Kalisetti
CA Final
★ 2K+
4
84
Held for Sale & Revaluation Surplus
Financial Reporting
answered on 18-Nov-25 15:35
Is there any guidance on how to treat revaluation surplus once an asset is classified as held for sale? Is the revaluation reserve supposed to be recycled to retained earnings? And do we adjust impairment losses on writedowns to fair value less costs to sell against any credit balance in the revaluation reserve?
latest answer
Thank you sir
Siddharth Kulkarni
CA Final
★ 28K+
2
67