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Doubt
Financial Reporting
answered on 19-Jan-24 17:21
Sir, In this illustration 16 if entity started negotiation and not to ask loan on demand in the month of Feb'22 for three months only, after three months loan is payable on demand. Is it classified as Non-Current or Current Liability.
latest answer
Current.
Sai Krishna
CA Final
★ 250
1
298
CA final
Others
answered on 17-Jan-24 16:04
I have cleared intermediate both groups nov 23 and registered for new scheme articleship when should I register for CA final? Is it okay if I wait for few months
latest answer
If u want study material now . U can register now otherwise register later.
Roshni Roy
CA Final
★ 1K+
1
336
Accounting and Technology
Financial Reporting
answered on 19-Jan-24 21:05
Video No.14 to be titled as Artificial Intelligence and Machine Learning instead of Artificial Intelligence and Machinery. Thanks Sir
latest answer
Yes, okay. Thanks Sir.
Dheebhan Mahalingam T
CA Final
★ 21K+
3
152
Presentation
Accountancy
answered on 19-Jan-24 18:38
Sir/Ma'am, suppose in the question the trial balance is given in thousands or lakhs. But I find it very confusing and usually tend to make mistakes. So, is it ok if the answer is not in the way they've given the question or is it compulsory for me to follow the same, that is, present in the form of thousands or lakhs. Please do clarify, thanks..
latest answer
Ok sir thank you 😊
Amirtha Kannan
CA Inter
★ 295
10
515
As15 leave salary
Accountancy
answered on 19-Jan-24 18:32
I had a but confusion about this Example Say 1yr = 30days leave allowed Say year = Jan - Dec MrZ working since 1/1 to Nov without taking a single day off Can MrZ take 30days off from 2/12 ? I mean from 2/12 to 31/12
latest answer
Thank you so much Sir It’s helpful
Sushmita Chowdhury
CA Inter
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4
369
Conversion
Others
answered on 18-Jan-24 12:19
When will the course be converted automatically to new scheme ?? I'm unable to convert by myself since wrong and incomplete qualification details are being reflected in the form. For rectifying the same I had raised a ticket to which I was asked to contact SIRC. But till date I haven't received any responses. Can someone guide me on what has to be done now ? Will automatic conversion take place anytime soon ?? Any ideas ?
latest answer
Then converted manually using ssp portal
Anjana Menon
CA Inter
★ 20K+
4
385
PGBP
Direct Taxation
answered on 17-Jan-24 17:02
How do we get interest deduction for construction of HP under business head? It must be capitalised and added to actual cost and then depreciation proportionate to part of HP used for business shall be given as deduction , right? And also interest on borrowed capital for acquisition of capital asset is not allowed u/s 36(1)(iii),right?
latest answer
Perfect.
Monisha KM
CA Inter
★ 825
2
347
Reversal of impairment loss
Financial Reporting
answered on 19-Jan-24 17:23
so ALL impairment losses can be considered for subsequent reversal, not just the loss recognised as per Ind AS 105? and also, when we allocate impairment loss to disposal groups, only in that case we take the impairment loss as per Ind AS 105 and ignore revaluation as per other standards?
latest answer
Any asset which has been impaired / reduced in value can be considered for reversal. (except goodwill). Please note that in disposal cases they are generally sold off within 1-2 years.
Dhvaritha Ravishankar
CA Final
★ 7K+
1
324
doubt in secound year
Accountancy
answered on 26-Jan-24 16:44
how 4800 multiplied by 3.5 and 2.5 4800 how it came
latest answer
Ok thank you sir
nive krish
CA Inter
★ 255
2
339
Status of POEM
Direct Taxation
answered on 17-Jan-24 17:03
In determining the POEM Status of a company, we need to check four conditions. so having few doubts in those conditions. Questions: 1. One of the conditions i.e., Number of Board meeting held in outside India, how to check the location of the meeting if it is held virtually? 2. Does the employee counts include the no of interns employed also?
latest answer
1. Where majority members are present. 2. Interns are not considered as employees.
Chandu vadla
CA Final
★ 11K+
1
341