Forums
Insurance claim
Accountancy
answered on 26-Jan-24 16:37
In some questions taking increase in turnover and in some questions not taking that how to understand this??
latest answer
Ok done
Devisree
CMA Final
★ 0
5
345
Past year questions
Accountancy
answered on 24-Jan-24 15:06
Please help me to get past year question in 1fin qpp
latest answer
Yes Sir thank you
karthik m.k
CA Inter
★ 140
9
374
receivables management
Financial Management
answered on 27-Jan-24 20:37
why is it that for finding benefit, total cost is considered,but for finding opportunity cost,only variable cost is considered in some q?
latest answer
Ok sir thank u
SANSKRITI BADRI 2111339
CA Final
★ 4K+
2
168
Internal decisions nov 23 qustion
Financial Management
answered on 24-Jan-24 05:56
Pls calculate payback period? Is the answer is 3 years 4 months?
latest answer
Did you deduct Expenses and tax and arrived at CFAT to compute payback period? PLs share your working
lohith perumalla
CA Inter
★ 8K+
2
348
Query
Auditing
answered on 29-Jan-24 11:19
How to do writing practice in audit ? What is the process which we should follow like ...what is right steps to done in writing practice?
latest answer
take 2 questions per day from past papers and practice answers.
sradha krishna sunil
CA Final
★ 5K+
7
455
Method to Follow in Exam
AFM
answered on 24-Jan-24 07:43
Sir, Which is the best method to follow in exam? Method:1=Discounting Nominal Cash Flows with adding inflation Method:2=Discounting real cash flows with real rate
latest answer
OK sir
Surya Prakash
CA Final
★ 19K+
2
378
Residential status qstn 9 Geetha and leena
Direct Taxation
answered on 28-Jan-24 18:05
Y income from profession in Malaysia set up in India is not considered income accrued in india
latest answer
Since Geetha is a Non resident. In case of non resident, only Indian income is taxable.
1 Minute Review
CA Inter
★ 405
3
438
Ordering books
Others
answered on 23-Jan-24 22:37
While ordering books in cds portal continuously payment is declining.is there anybody facing the same prblm as i am facing it?
latest answer
Order complete ayindi👍🏻
Ujwal Reddy
CA Inter
★ 7K+
14
456
FEMA: Repatriation of foreign exchange
Corporate & Other Laws
answered on 27-Jan-24 08:22
What does the phrase: he can't hold on to foreign funds, mean here? Since he received the foreign funds in his bank in India from his uncle in US, it means those funds would've come to India anyways. Then why it is mentioned that he can't hold on to foreign funds and he needs to repatriate them back to India?
latest answer
A person cannot hold foreign currency beyond a limit and the foreign funds which are realised by him shall be repatriated in any manner which is provided under section 8 of FEMA.
Garima Bhargava
CA Inter
★ 185
1
361
Treatment of expenses on accrual basis
Accountancy
answered on 26-Jan-24 16:32
If salary or rent for current month becomes due on 1st of next month and is payable by 7th of next month. Then as at 31st of current month, will there be a present obligation, and should this be treated as liability as at 31st of current month? These become due on next month due to contract (legal form) and we have enjoyed using the asset or received service of employee (substance). Should we use substance over legal form and conclude there exists a liability as at 31st? or Is there no liability as at 31st? Thanks :)
latest answer
You will create a liability on 31st itself. There are two aspects - Accrual and due. Salary is accrued as on 31st and it falls due on 1st.
Vignesh Venkatesan
CA Final
★ 5
1
441