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Leave encashment
Financial Reporting
answered on 11-Mar-24 15:39
If there is encashment applicable, we create provision for 3 days irrespective of management estimate. However if there is no leave encashment we create only to extent of management estimate. Is my understanding correct? But Ill 2 Scenario II does not mention that there is no leave encashment so how do we conclude this assumption?
latest answer
The expected leave encashment is given in the question.
Dhvaritha Ravishankar
CA Final
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Business Combination , Video No. 28. Contingent Consideration
Financial Reporting
answered on 28-Feb-24 09:27
Sir, What if the target is not met within the given time frame? How should we subsequently reverse the transaction? Kindly clarify. Thank You.
latest answer
Subsequently there would be no liability. So write off the liability to P&L.
Umayal Uma
CA Final
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164
Exemption = warehousing
Indirect Taxation
answered on 28-Feb-24 16:53
warehousing mean storing How does money comes here ? Which amount is exempt taxable ? Say if potato chips warehousing is taxable …..what does that mean that which amount is taxable ? MrA hav 1lac chips packet of rs8 cost price each Now he want to store it After this where does money come from ? Which amount is taxable exempt ?
latest answer
Warehousing means providing the activity of storage. Renting of warehousing means giving it on rent. Warehousing income is business activity whereas renting is rental income. Both are different in GST. Warehousing of agricultural produce is exempt. But renting of warehouse is taxable.
Sushmita Chowdhury
CA Inter
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433
Charitable = exemption
Indirect Taxation
answered on 04-Mar-24 13:34
Import of services by charitable trust = exempt or taxable ?
latest answer
Warehousing of agricultural produce is exempt from
Sushmita Chowdhury
CA Inter
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5
337
Derivatives - Options
AFM
answered on 28-Feb-24 15:09
In this illustration, can we assume it is net cash settled and provide expiry date cashflows as the difference between market price and strike price?
latest answer
Okay sir thank you
Susee Arunachalam
Qualified CA
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281
Missing of 35th answer vedio in cost of capital
Financial Management
answered on 01-Mar-24 10:57
Here there is only 34 ques vedios but where is 35th answer..??
latest answer
Thank you sir..
leela sowjanya
CA Final
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4
345
How to find Cube root
Financial Reporting
answered on 02-Mar-24 19:32
Sir you said there is a detail video how to find cube root in caluclator? may i know where it is available
latest answer
https://youtu.be/NLUOJfjb1nc?si=3lQ0Abg0otrFUTIZ
Surya Prakash
CA Final
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274
Ratio analysis
Financial Management
answered on 27-Feb-24 22:08
In 5th bit,the answer is given as option d why it's not option c
latest answer
Ok sir.Thank you
Ramya Telikicherla
CA Final
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339
Scope of total income
Direct Taxation
answered on 28-Feb-24 16:55
Is income received outside india and latter remmited to India is taxable?
latest answer
For taxability purposes, we decide based on accrual and receipt. Remittance is not a criteria.
Mile s
CA Final
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2
332
techical issue
Financial Reporting
asked on 27-Feb-24 18:29
i am able to play this video in my laptop
latest answer
No answers yet!!
Hariharan S
CA Final
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