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Financial Reporting

answered on 17-Feb-24 15:13

In TYU-2 where that adjustment part of interim dividend gone?

latest answer

Since dividend declared by Subsidiary is 200000 and Holding / parent will receive 80% i.e 160000 Since it is declared by sub, it is eliminated.

Anurag Jha

Anurag Jha

ACCA Skill

0

1

318

Former Partner

Corporate & Other Laws

answered on 19-Feb-24 06:21

A third party being unaware that former partner is not a partner enters into an agreement with them. But it has already being filed with the registrar. In such case will the former partner be treated as partner or not?

latest answer

Okay Mam...Thank you

Soon to be CA

Soon to be CA

CA Inter

4K+

3

151

Regarding permanent exemption.

Exams

answered on 17-Feb-24 15:53

Hello sir, I got exemption in paper 1 accounts in old scheme in November 2022 attempt and I did not cleared neither group upto November 2023. My query: -Can i apply for permanent exemption in accounts paper irrespective of my exemption is unexhausted? -if so then how much I need to score in individual and aggregate to qualify the group in new scheme? - what are the conditions to be satisfied to apply this? Please reply to my query and provide the solution sir Thank you

latest answer

Seeking permanent exemption before 3 attempts is not permissible and it is actually disadvantageous to you.

sai badrinath2000

sai badrinath2000

CA Inter

2K+

1

332

Conversion

Exams

answered on 15-Feb-24 17:02

Shall for apply for inter exams even if my conversion form is awaiting approval from RO?

latest answer

Yes

Pooja .

Pooja .

CA Final

210

1

333

Theory question

Indirect Taxation

answered on 18-Feb-24 10:26

Do we have to learn the theory question answer given in the icai module in gst or just the practical question is sufficient??

latest answer

Probability of those questions coming in exam is very less. However, it is advised to just have knowledge on them.

Atharv Sankliya

Atharv Sankliya

CA Final

3K+

3

349

IND AS 10

Financial Reporting

answered on 17-Feb-24 21:09

Anyone can please explain this ICAI MCQ with computation?

latest answer

Calculate the expected dividend payable using the probabilities given.

Chandu vadla

Chandu vadla

CA Final

11K+

5

296

Capital budgeting

Financial Management

answered on 15-Feb-24 16:46

It's given as 36L per year fixed cost It's a duration of 3 years... Then why should we have to take just 36L ideally it should be 36L * 3 years right ?

latest answer

The pattern of computation is not done for 3 years together.. it is done on per annum basis only.. for better understanding, do not combine those 3 years.. instead, while solving put each year separately you will get the same answer. The only change would be you will have to take each year’s PVIF separately

Satha Sivam

Satha Sivam

CA Final

6K+

1

287

Ration analysis illus 13

Financial Management

answered on 15-Feb-24 16:06

Question is different in book and the lecture class y

latest answer

For some questions it is noticed that Institute is making slight changes by adding/removing/rectifying

T swathi

T swathi

CA Inter

1K+

1

139

Ratio analysis

Financial Management

answered on 15-Feb-24 16:11

At finding the dtr credit sales u divided with 4 how 4 will come in question no.illus 12

latest answer

Thank you sir

T swathi

T swathi

CA Inter

1K+

2

173

Financial ratios

Financial Management

answered on 15-Feb-24 15:55

In this question why net profit of 375000 taken as profit after tax? In the question it is given as net profit to sales =6.25% that means it is net profit before tax right??

latest answer

The term “Net Profit” always refers to PAT

Harish Kumar

Harish Kumar

CA Inter

180

1

288