Forums
classification
Accountancy
answered on 08-Apr-24 17:22
sales tax payable is which account in traditional classification and modern classification?
latest answer
Sales tax is a liability payable to government hence personal.
Bharavi Kothari
CA Foundation
★ 20K+
3
213
Composition scheme
Indirect Taxation
answered on 08-Apr-24 12:16
For restaurant service providers .. turnover limit under composition scheme is also 1 5.cr .any other limit for service , limit for goods and services may vary?
latest answer
Ok sir thank you
MONIKAA RAMESHKUMAR
CA Inter
★ 710
2
373
counter offer
Corporate & Other Laws
answered on 07-Apr-24 12:16
if a counter offer is made and counter offer is accepted by offeror then it is a binding contract ?
latest answer
no doubt
Bharavi Kothari
CA Foundation
★ 20K+
1
173
Step 5
Financial Reporting
answered on 10-Apr-24 16:06
Whether entity can use both input and output model in the same contract
latest answer
If it has multiple performance obligations, it can be used. Other wise only 1 would be used.
Nivethithaa S
CA Final
★ 2K+
3
184
Issue with the audio
Others
answered on 07-Apr-24 10:26
The audio is not clear and once watch the video and this issue is there in some videos also please solve the issue
latest answer
Will check and revert
Narasimha GL
CA Final
★ 2K+
1
185
Multiplication of PV factors with cashflows
AFM
answered on 07-Apr-24 09:28
At 21 minutes of the lecture you mentioned the PV factors as 0.909 for the 1st year, if you multiply the cashflow of 1st year i.e. 2,449,600 with 0.909 we get 2,26,886.4. But you multiplied 2,44,600 with 0.90909090909 , that is the reason why you get 2,26,909. Now which approach we should do the answer in exams ? should we multiply with 0.909 or 0.90909090909 ??
latest answer
I exam 4 decimals is sufficient
B. Dinesh
CA Final
★ 3K+
1
314
Exams -3 times per year
Others
answered on 07-Apr-24 11:10
Is it finalized by ICAI to conduct CA foundation and inter exams thrice a year ?
latest answer
PLs wait for icai announcement - expectation is exams will be held in sep - you never know till they announce - pls prepare and write well for May 24 exams
Eswar Narayan
CA Inter
★ 5
3
365
Difference Between Residual value and Fair value
Financial Reporting
answered on 07-Apr-24 08:24
1.Sir u explained that Residual value is the Current market value of the Similar PPE after useful life. 2. If Fair value is more than Residual value we should take residual value - ind as 16 3. My question is what is the difference between Fair value and Residual value bcoz both are current market only sir?
latest answer
Understood , Thank you sir
Vijay Ramesh
CA Final
★ 985
2
663
What does it mean by compounding of offence
Corporate & Other Laws
answered on 07-Apr-24 10:20
What happens when 2 offences for which 10000 each is the fine gets compounded?
latest answer
Compounding refers to the process where a person who has committed an offence agrees to pay a certain sum of money in exchange for avoiding legal prosecution or further legal action related to that offence.
Liz James
CA Inter
★ 2K+
1
336
Exemption
Others
answered on 08-Apr-24 17:29
Those who are attempting unit 2D for may-24 ,is there exemption if they score in either of sub i.e., audit or fm-sm
latest answer
Yes.
Sugam SM
CA Final
★ 9K+
2
337