IBS QUESTION INDEX (FOR MAY 2024 & ADD.

FILE)
This index covers the question and page number from

• IBS case study compilation May 2024

• Additional Case studies after May 2024 file - Page number starting with “A” are from additional case studies file.

Features
• Includes all questions from case studies issued by ICAI (Sample case studies, Past year paper, MTPs,
RTP, Case study digest & Student journal) (covering 180+ unique case studies)
• All questions are segregated according to relevant subject and sorted A-Z.

Why this index is useful?

ICAI has released 180+ case studies (including case studies from old paper 6F) and it's difficult to solve all
the case studies released by ICAI and recall it during 3 hours of exam. If any case study or question repeats
in exam then, this index will help you quickly identify it and help you to score full marks on that repeated
case study or question.
ICAI has repeated some case study or question in last few attempts (May 2024, Dec 2021. May 2021 & Nov
2020) as below –

Exam (Suggested Answer) Case study repeated from

Suggested Answer.May 2024.Case Study 2.Q2.6 Suggested Answer.Jan 2021.Case Study 4.Q4.8
Suggested Answer.Dec 2021.Case Study 5.Q5.5 Suggested Answer.May 2019.Case Study 3.Q3.5
Suggested Answer.May 2021.Case Study 2 Suggested Answer.Nov 2020.Case Study 4
Suggested Answer.May 2021.Case Study 4 Suggested Answer.Nov 2019. Case Study 3
Suggested Answer. May 2021. Case Study 5 Journal.Oct20. Case Study 1
Suggested Answer.Nov 2020. Case Study 1 MTP.April 2018. Case Study 1
Suggested Answer. Nov 2020. Case Study 2 MTP.April 2018. Case Study 2

It is probable that in upcoming IBS exams also, ICAI will repeat some case studies but do not rely on index
only and prepare for new case studies as well.

How to use this index?

1. Carry this index, case study compilation (May 2024) and additional case studies after May 2024 in exam.
2. When you get the Qn paper in exams, start with Qn1, skip the MCQ, read the first descriptive Qn.
3. Identify the subject from where the Qn is asked.
4. Come to this index, go to relevant chapter, and find the Qn by matching the initial few words (All questions
are sorted A-Z in index).
Note: some questions are started with some generic words (for eg. “With reference to the information
given under Para 2”, “In the light of the information provided in para (b) above,”), in such cases – skip this
generic part and identify where actual question start then search the actual question.
5. Once you find from where the Qn is repeated and the page no., open that case study from case study
compilation and do copy paste. (Do some spot check to verify if ICAI has updated any details)

Page 1
 Page Number
Sr.No. Subject Page no.
1 Introduction 1–2
2 FR 3
3 AFM 9
4 Audit 11
5 DT 16
6 IDT 21
7 Law 24
8 SCMPE 27

May 2024 Paper Analysis

Question Type Subject Source Marks
1.6 Descriptive FR Similar to CSD.CS26.Q8 pg 1114 5
1.7 Descriptive Audit Similar concept covered in MTP.O19.Q6 pg 629 5
1.8 Descriptive SCPM Same as SCPM Illustartion 5 pg 4.35/ Journal Feb 24 5
2.6 Descriptive AFM Same as SA.J21.CS4.Q4.8 pg 239 5
2.7 Descriptive AFM New 5
2.8 Descriptive Audit Similar concept covered in SA.D21.CS5.Q5.8 pg 170 5
3.6 Descriptive FR Similar to illustartion 32 pg 5.53 5
3.7 Descriptive Audit Similar to TYU 2 pg 2.21 5
3.8 Descriptive DT Same as TYK 4 pg 16.48 5
4.6 Descriptive DT Same as TYK Q4 pg 3.200 8
4.7 Descriptive AFM Similar to TYK 24 pg 3.50 4
4.8 Descriptive DT New 3
5.6 Descriptive AFM Same as TYK Q1 pg 4.34 5
5.7 Descriptive DT & IDT New 6
5.8 Descriptive Law Similar concept covered in SA.M23.CS1.Q1.7 pg 50 4

From the May 2024 paper analysis, it is clear that many questions are repeated from the study material.
Therefore, it’s important to carry all the study material or a question bank containing study material
questions to the exam. This way, if a question repeats, you can quickly identify it.

You can join our telegram channel for paper 6 notes, guidance and strategy: https://t.me/carohitchipper
Connect with us here:

Page 2
 Financial Reporting (FR)
Sub Page Descriptive Question (Sorted A to Z)
ADVISE the appropriate accounting treatment for the research and development costs incurred by Bhavna to make
FR A.261
construction process more efficient that will consequently result in future cost savings
After reading and understanding the information provided in the case study, answer the questions that follow: (a)
FR 570
Are Indian Accounting Standards applicable on Cheerful & Healthy Limited from 01/04/20
After the havoc caused by a devastating Tsunami in Andaman & Nicobar islands, a group of companies undertake
FR 590
during the period from October 2019 to December 2019 various commercial activities, with co
FR 1399 analyse and state how the revenue should be recognised in respect of sale of T-shirts by RPL to JML.
FR 463 analyse the situation in accordance with relevant Ind AS?
Analyse whether the accounting treatment made by the accountant w.r.t. revenue recognition in the case of sale
FR 1315
made to Mars Ltd. by Saman Pvt. Ltd., is in compliance of the Ind AS. If not, advise the
Analyse whether the activities as narrated by CA Puru to Mrs. Bansuri Devi w.r.t Khetibaadi Ltd. fall within the scope
FR 942
of Ind AS 41 with proper reasoning.
as a Chartered Accountant, give your comments to the disclosures made by the Company which adopted Ind AS for
FR 282
compilation of Fin
As per the given facts, ABC Ltd. is providing advertisement services to XYZ Ltd., one of its primary customer. ABC has
FR 766
entered into an agreement with XYZ which is effective from calendar year January
As Tanu and Manu are not well versed with Ind AS, with reference to business combinations, they want to
FR 50
understand about: (i) Determination of acquisition date (ii) Ascertainment of control
Assuming that if the company has already expanded its business in and outside India by opening its branches. If the
FR 745
branches located in India had not earned any profit since 2013 -2014, whether the pr
Assuming that there are no other transactions, you are required to: (a) Pass journal entries in the books of
FR 980
Technologies Ltd. (b) Prepare the Balance Sheet of Technologies Ltd. after the entries in (
Based on your review of the aforesaid case, Analyse the various adjustments & also items which do not require any
FR 367
adjustments in your view, to the draft financial statements of the company.
CA Karan Nayyar tells the Directors of Mahima Consumer Products Limited that expenditure on certain activities
FR 590
cannot be considered as a CSR Expenditure as per Companies (CSR) Rules, 2014. Mention 4 s
CA. P wants other members to guide him how the variable consideration on the basis of inputs provided in the case
FR A.975
study will be recognized during contract period, as per relevant Indian Accounting Standard
Calculate the closing value of investment in Chandra Suppliers Ltd. of RA Ltd using the equity method of accounting
FR 1124
as per IND AS 28 on the basis of Para (1).
Calculate the gain or loss, Kavya Hotels Ltd. will make on acquisition of Anupama Hotels Ltd., if their deal is finalised.
FR 897
Also show the Journal entries for accounting of its acquisition. Also calcula
Calculate the gain or loss, Kavya Hotels Ltd. will make on acquisition of Anupama Hotels Ltd., if their deal is finalised.
FR 897
Also show the Journal entries for accounting of its acquisition. Also calcula
calculate the goodwill / capital reserve on the date of acquisition of share in KTL and PBL’s share in the profit and
FR 516
other comprehensive income for the year.
calculate the impairment loss, if any, to be provided in the books of SBL with respect to the machinery bought for
FR 1279
performing the special job of K
FR A.127 Calculate the Net Realizable Value (NRV) of the inventory of CIL relating to these 100 imported cycles?
Calculate the non-controlling interest in the books of Iktara limited for the investment made in Maya private limited
FR 1239
by both the methods mentioned in Ind AS 103.
FR 1033 calculate the share-based payment value as per Ind AS 102?
FR A.127 Calculate the value of inventory of the 100 imported cycles as of March 31, 2024.
FR A.1004 Can IndyaDekho defer and amortise the expenditure over brand building incurred over future years
FR 908 Can INR be presumed as the Functional Currency for SIMCO, since it is located in India?
FR 908 Can INR be presumed as the Functional Currency for SIMCO?
Comment on the presentation of the Balance Sheet as laid before CA Amit by Varsha’s accountant w.r.t. Varsha Pvt.
FR 1229
Ltd. in terms of Division II of Schedule III.
Comment whether the classification referred in para (5) above is correct or not in the light of Schedule III to the
FR 179
Companies Act, 2013
FR 1353 Comment whether the entity would require to recognize any liability in respect of leaves.
Compute the carrying amount of the factory in the Balance Sheet of Goyal Textiles Ltd. as at 31st March, 2022. You
FR 559
should explain your treatment of all the amounts referred to in this part in your ans
Compute the deferred tax liability as on 31st March, 2022 and the charge/credit to the Statement of Profit or Loss
FR 106
and/ or Other Comprehensive Income on head office property.
Compute the gain from disposal of shares of QR Ltd, which XYZ Limited has to record in its Consolidated Financial
FR 37
Statements.
FR 128 Define 'Lease' as per Ind AS and explain its various components

Page 3
 Define qualifying asset for capitalising the borrowing cost and explain when the capitalisation should commence and
FR 112
cease
FR 516 determine how PBL should account for the sale transaction of machinery to VPL in its books.
DETERMINE the transaction price of KG Airlines in the given case, as per Ind AS 115. How should it recognize revenue
FR 1335
of tickets related to scheduled future flights?
DISCUSS how the Bangalore building will be shown in the consolidated financial statements of the Indian Subsidiary
FR A.99
and in its standalone financial statements according to the relevant Indian Accounting Standards (Ind AS).
Discuss in brief about the provisions/ requirements of the relevant Ind AS, which is required for preparation of S
FR 207
Limited's opening Balance Sheet as on the date of transition.
discuss the potential ethical conflicts which may arise in respect of the lease arrangement and the ethical principles
FR 1409
which would guide how the finance manager, CA Manoj, should respond to the situation.
discuss whether the classification of Aviskrutya Ltd. as held for sale and its presentation as a discontinued operation
FR 468
is appropriate, by referring t
Does KG Airlines have to pay GST on airport levies like user development fee, passenger service fee, etc. collected
FR 1335
from the passengers? Briefly DISCUSS.
Does KG Airlines have to pay GST on the collection charges of ` 5 charged for the collection service provided by the
FR 1335
airline to the airport operators? Briefly DISCUSS.
EcoTech Innovations Pvt. Ltd. owns 30% of the share capital in GreenTech Solutions Pvt. Ltd. and has the ability to
FR A.688
exercise significant influence over it. GreenTech Solutions Pvt. Ltd. holds the following investments:
FR 463 evaluate this under the definition of financial instrument.
evaluate whether the accounting treatment made by the Management is in compliance with the applicable Ind AS. If
FR 246
not, advise th
Evaluate which of the costs pertaining to the 100 imported cycles are allowed to be included in the cost of inventory
FR A.127
in the books of CIL.
Evaluate which of the costs pertaining to the 100 imported cycles are allowed to be included in the cost of inventory
FR A.127 in the books of CIL. (ii)Calculate the Net Realizable Value (NRV) of the inventory of CIL relating to these 100 imported
cycles? (iii)Calculate the value of inventory of the 100 imported cycles as of March 31, 2024.
examine the applicability of accounting standards to Supatra Foundation, particularly in respect of its non-
FR 522
commercial activities?
examine whether the cost of new component (server) be recognized as an asset and if so, what should be the
FR 186
carrying value of the plant at the
examine whether the cost of new component (server) be recognized as an asset, and, if so, what should be the
FR 276
carrying value of the plant at the end o
FR 112 Explain "Variable Consideration" and how it will be accounted for in terms of Ind AS.
explain how should the Company account for revaluation of Plant and Machinery and depreciation subsequent to
FR 283
reva
Explain in words what the below mentioned transactions represent in relation to Cash Flow Statement of Stable and
FR 1212
Efficient Limited for the financial year ended on 31.03.2023:
Explain the accounting treatment in respect of the transactions with respect to acquisition of BMDL by BPCL under
FR A.238
applicable Ind AS.
Explain the accounting treatment of, if any, for the two grants received and the flood-related compensation in the
FR 1061
books of accounts of Spectra Limited as on 31st March, 2023, to be worked out by Shiv
FR 118 Explain the term 'Fair Value' in terms of Ind AS. Also define the term 'Principal Market' and how it is determined.
Following the provisions of Ind AS 23 ‘Borrowing Costs’, calculate the amount of interest to be capitalized and pass
FR 1150
necessary journal entry for capitalizing the cost and borrowing cost in respect of
Following the provisions of Ind AS 23 ‘Borrowing Costs’, calculate the amount of interest to be capitalized with
FR 530
respect to the new building and pass necessary journal entry for capitalizing the cost
For the year 2023-2024 you are required to analyse whether the situation relating to constructive obligation for
FR A.106 payment of bonus is an error requiring retrospective restatement of comparatives considering that the amount is
material.
FR 89 Give examples of temporary differences transactions that may affect taxable profit or loss of an enterprise
Give your comments on the disclosures (as, extracted) made by the Company in its draft financial statements under
FR 298
Ind AS
how much excess CSR expenditure has been made by YPL during F.Y. 2022-23 and whether such excess CSR
FR 1137
expenditure can be carried forward to the nex
How should DPL APPLY the relevant Indian Accounting Standards (Ind AS) to account for the acquisition of Design A
FR A.675
and Design B and at what amount?
How should Dream Play Limited be consolidated on transition to Ind AS considering that Fastest Finger Limited has
FR A.714 opted to avail the exemption from retrospective restatement of past business combinations as permitted under the
relevant Ind AS?
FR 932 How should Luminous Ltd. recognise the government grants in its books of accounts for the F.Y. 2023-24?
FR 721 How should such plucked tea leaves be initially measured?

Page 4
FR 494 how should the Asayam Ltd. account for the lease entered with Havanti Ltd. in its books of accounts?
FR 527 How should the company account for the above investment property as on 31st March, 2022?
How should the discontinuation of old defined pension plan be accounted in the financials of Brightstar Limited for
FR 106
the year ended 31st March 2022 as per Ind AS
FR A.988 How should the modification in the lease agreement with SPL be accounted for
FR 466 how should XLL determine the transaction price?
How UBA Private Limited is required to account for the security deposit in its books of accounts, for the rent
FR 1022
agreement made between it and the complex owner. Pass journal entries for the entire dura
How will Shivalik Construction Private Limited recognize revenue as per the relevant Ind-AS, if performance
FR 952
obligation is met over a period of time.
How will you disclose the information relating to trade payables provided in para no 3 of the case study in the
FR 83
financial statements
If Company finalised any project under its CSR initiatives which require funds @ 5 % of average net profit of the
FR 745
company for last three financial years. Will such excess expense be counted in subsequ
In case investment in DEF Limited has been done in a way other than cash, do you think that transaction would also
FR 89
have been reported in Cash Flow Statement? Which are non-cash transactions relating t
In respect of the data provided in para (i) above, examine whether the cost of new component (server) be
FR 276
recognized as an asset, and, if so, what should be the carrying value of the plant at the end o
In respect of the information provided in para (c) above, examine whether the cost of new component (server) be
FR 186
recognized as an asset and if so, what should be the carrying value of the plant at the
In the background of facts mentioned in the issue 5 above, explain the accounting for such contracts, with reference
FR 14
to the relevant Ind AS.
In the background· of facts stated in issue 5, compute the value of option under the share based payment as per Ind
FR 70
AS 102.
In the context of the case study, explain the provisions and requirement relating to formation of CSR Committee by
FR 83
the company under the Companies Act, 2013
In the draft management prepared Balance Sheet of M/s. Artha Techno Plast Limited (ATPL) as at 31st March, 2018,
FR 664
comment on the presentation of the Balance Sheet in terms of Schedule III to the Compan
In the draft Management prepared Balance Sheet of Omega Soft Tech Limited as at 31st March, 2020, comment on
FR 254
the errors that the Company has made in the presentation of the draft Balance Sheet as at 3
In the given facts of the case, whether MNO Ltd. should reclassify the leased-out building at Mumbai as investment
FR A.966 property instead of PPE which was the case up to 31st March 2023? Will this amount to change in accounting policy?
Your answer must be with reference to applicable Ind AS.
In the light of Ind AS 16, explain how should the Company account for revaluation of Plant and Machinery and
FR 231
depreciation subsequent to revaluation?
In the light of information provided in para (D)- 'Other Inputs' above, as a Chartered Accountant, give your
FR 282
comments to the disclosures made by the Company which adopted Ind AS for compilation of Fin
In the light of information provided in para (E) - 'Other Inputs' above and Ind AS 16, explain how should the Company
FR 283
account for revaluation of Plant and Machinery and depreciation subsequent to reva
In the light of the information given in para (f) above, state whether the lease constitute a finance lease and also
FR 327
calculate unearned finance income in terms of Ind AS 17.
IndAS 41 applies to agricultural produce, which is the harvested product of the entity’s biological assets, only at the
FR 692
point of harvest”. State the exceptional circumstances as mentioned in the IndAS
Mr. Daivignay wants to know from you the legal position on certain matters relating to Corporate Social
FR 353
responsibility (CSR) under the provisions of the Companies Act, 2013. Accordingly, in the light
Mr. Parimal approaches you to provide him with a sample format to draft the Annual Report on CSR Activities on
FR 590
behalf of the Board of Directors of Mahima Consumer Products Limited for the year 2019-20
Mrs. Singh, as seen in the above case is into Dairy Farming. She owns a dairy herd, of 3 years old cattle as at April 1,
FR 692
2018 with a fair value of R 13,750 and the no. of the cattle in the herd was 25
FR 1305 Nature of Related Party Relationships and Transactions
Prepare Ind AS Impact analysis report of HIM Limited for presentation to the management wherein you are required
FR 1193
to show the corresponding differences between Earlier IGAAP (AS) and New GAAP (Ind AS)
prepare necessary entries in respect of Jas Jagish Ltd. as at 31st March 2022, taking current and deferred tax into
FR 522
account. The tax rate is 25%. Also prepare the tax reconciliation
Prepare transition date Balance Sheet of S Limited as per Indian Accounting Standards, according to the format
FR 207
prescribed in Division II - Ind AS Schedule III to the Companies Act, 2013.
Prepare transition date Balance Sheet of Shaurya Limited as per Indian Accounting Standards, according to the
FR 710
format prescribed in Division II - Ind AS Schedule III to the Companies Act, 2013.
Provide summary introduction in short of the relevant Ind AS, which is required for preparation of Shaurya Limited’s
FR 710
opening Balance Sheet as on the date of transition.
Provide the accounting treatment w.r.t. transaction between ABCD Ltd. and PQRS Ltd. in their respective books of
FR 920
accounts. Also show its impact on consolidated financial statements. Support your answe

Page 5
 RECOMMEND how the discontinued operation pertaining to Suraksha Constructions was measured and presented in
FR A.722 Aadhya Ltd.'s consolidated financial statements: 1. On the acquisition date. 2. On the reporting date of the
divestment.
Recommend the accounting treatment of the events for the year ending March 31, 2023 and March 31, 2024 and
FR A.66
calculate the value of the equipment at the end of 2023 and 2024.
RECOMMEND the correct accounting treatment (initial and subsequent) as per Ind AS 109 of the loans given to
FR A.706
employees at concessional rate.
FR 21 Recompute the EPS of the Company for the financial year 2022-23
FR 516 Referring Para 2, determine how PBL should account for the sale transaction of machinery to VPL in its books.
Referring Para 2, prepare necessary entries in respect of Jas Jagish Ltd. as at 31st March 2022, taking current and
FR 522
deferred tax into account. The tax rate is 25%. Also prepare the tax reconciliation
Referring Para 3, calculate the goodwill / capital reserve on the date of acquisition of share in KTL and PBL’s share in
FR 516
the profit and other comprehensive income for the year.
Referring Para 5, examine the applicability of accounting standards to Supatra Foundation, particularly in respect of
FR 522
its non-commercial activities?
Sahana is intrigued by the concept of impairment and wants to understand, if an asset once impaired, can it be
FR 57
reversed. In this context: (i) Explain in brief the accounting for reversal of impairment
Sales of products from Mahajan Food Products Ltd. to ABC Ltd. in the two-month period from 1st April 2022 to 31st
FR 1304
May 2022 totaled ` 16,00,000. Following the share purchase by Mrs. Birla, Mahajan Food
Shares are usually included in the weighted average number of shares from the date consideration is receivable.
FR 21
What will be the date of inclusion in the following circumstances?
Should EcoTech Innovations Pvt. Ltd. disclose these transactions as related party transactions in its separate financial
FR A.688 statements? Also, explain the disclosure of such transactions in the financial statements of SustainCo Ltd. and
EcoEnergy Pvt. Ltd. as related party transactions.
Should PQR Ltd. consider the reclassification of building from PPE to investment property as a change in the
FR 1114
accounting policy?
Show necessary explanation for each of the items presented by chief financial officer in the form of notes, which may
FR 207
or may not require the adjustment as on the date of transition
Show necessary explanation for each of the items presented by chief financial officer in the form of notes, which may
FR 710
or may not require the adjustment as on the date of transition.
show the statement of profit and loss and balance sheet extracts in respect of the grant received by YPL for first year
FR 1138
under both the methods as
Special Purpose Machines (SPM) have been the major capex for the firm. What are the disclosure requirements as
FR 634
per relevant IND ASs in respect of SPMs?
State how the benefit to be attributed for the employee service for the Iast 20 years, 10 and 20 years and within 10
FR 1353
years, be measured.
State the non-disclosures made by the Company in para 2 (a) to (d) above pursuant to financial statements
FR 254
disclosure requirements as enshrined in Schedule III to the Companies Act, 2013. You may provi
STATE what would be the treatment of the short-term compensating absences, profit- sharing plan and the defined
contribution plan in the books of SG. Also, STATE what would be the treatment, if the contribution paid from defined
FR A.16
contribution plan exceeds the contribution due. Further, DETERMINE what would be the accounting if the payment
from defined contribution plan does not fall due within 12 months from the end of accounting period
FR 327 state whether the lease constitute a finance lease and also calculate unearned finance income in terms of Ind AS 17.
State with reasons, the accounting treatment to be followed in the financial year 2018-19 in respect of refund of
FR 327
government grant due to non-fulfillment of certain conditions attached to it as discus
Suppose if during the year 2016-17, the company has so far spent CSR expenses to the tune of 1.10 percent of the
FR 745
average net profits of the company made during the three preceding immediately financia
The applicable income tax rate is 30%. The CFO is of the view that the no tax expense should be recognised in the
FR A.29 quarter and year to date ended 30 September 20X4 as no income tax is payable for the entire year? Is the CFO
correct and if not, please describe your rationale and also state the amount of income tax that should be recognised?
The CFO is unsure whether the secondment arrangement fall under the purview of the Goods and Services Tax Act,
FR A.273 2017 and accordingly whether a provision should be recognised as at the end of the year. Describe the accounting
scenarios that are possible under Ind AS 37 for recognition of the demand?
The CFO of the company wants to know at what value would this asset be recognised in the books of accounts.
FR A.16
PREPARE a statement showing him the workings
The CFO wants to understand, how to record revenue at the end of seventh year as per the Ind AS 115. Also, prepare
FR 50
a brief note explaining the accounting for revenue when the contract is modified
The Chief Accounts Officer has informed you that the Company did not provide for the decline in the value of
FR 291
investments in the Indian subsidiary because the overall investment portfolio in subsidiari
The Company had earlier purchased a small bottle manufacturing plant meant for storing medicines for ` 24 lakhs on
FR 339
1st April, 2016. The useful life of the plant was 8 years. On 30th September, 2018, t
The Company had two trademarks - 'X' and 'Y'. One month before, the Company had come to know through its
FR 340
marketing managers that these two trademarks have allegedly been infringed by other competitors

Page 6
 The Company has requested you to suggest the accounting treatment of the above arrangement and transaction of
FR 106
acquisition of shares in CASA Ltd
The Company on 1st April, 2015 had issued 50,000, 7% convertible debentures of face value of ` 100 per debenture
FR 340
at par. The debentures were redeemable at a premium of 10% on 31st March, 2020 or these
The firm has lodged its claim with PSU insurer consisting of damages to building, machinery and stocks. Besides, the
FR 881
firm has also included in its claim bill lodged with insurers certain un-incurred e
The management of HPNR has approached you to help them in deciding as to how animated objects created by the
FR 160
firm shall be accounted for in the books of accounts and how the same shall be valued for r
The treatment of CSR Expenditure made towards a Capital Asset is a bit different under AS and Ind AS which CA
FR 590
Nayyar said he would discuss with the Accounts Department in due course of time. You being
FR 1335 To recognize ticket sales from the flights KG Airlines operates, you are required to answer the following questions:
FR 353 Under what circumstances, are the provisions with regard to CSR applicable to Foreign Companies?
FR 1261 What advice should CA Kumar give to Mr. Anand on the question posed by him regarding deviation from the IND AS?
What are the disclosure deficiencies, if any, in the Management prepared financial statements that could impact the
FR 415
true and fair view of the financial statements? Please provide the basis for your as
What are the disclosure requirements which you would like to verify from the financial statement of XYZ Limited for
FR 154
the year ended 31.03.2021 with respect to its transactions with CDE Limited? Whether
FR 447 What are the ideal considerations for a reverse merger and state its relevance to 'Magnum'?
FR 447 What are the risk factors to be considered in the matter of merger of 'Magnum' with 'Yamuna'?
What is the cost of SPM used for Mango, if all the SPMs were funded by bank (invoice value only) at a cost of 10%
FR 634
p.a.? Assuming that it took 13 months for the machines to get ready for the intended u
FR 1279 what shall be the correct presentation of the items for which Mr. Amrit had observed errors?
FR 721 What will be subsequent measurement of such tea leaves in line with Ind AS 41 and Ind AS 2? [VERB- APPLY]
FR 488 What will be the fair value of Vratam Ltd.’s investment in Kiyat Ltd. as on the balance sheet date? Refer Para 2.
What will be your response to the CEO on his proposals regarding various matters and explain the basis for your
FR 367
conclusion
what would be the treatment of Building A and Building B in the Balance Sheet of Kundan Gems Pvt. Ltd. for FY 2021-
FR 527
22? Provide detailed disclosures and computations in line w
What would be the treatment of Building A and Building B in the Balance Sheet of Shanaya Limited? Provide detailed
FR 1012
disclosures and computations in line with relevant Indian accounting standards. Treat
What would be the treatment of Building A and Building B in the Balance Sheet of Shanaya Limited? Provide detailed
FR 702
disclosures and computations in line with relevant Indian accounting standards. Treat
what would be the treatment of the short-term compensating absences, profit-sharing plan and the defined
FR 459
contribution plan in the books of Upal Ltd? W
FR A.732 When should revenue from the Customer P be recognised by the Company?
Whether an activity which a company is required to do as per its statutory obligations under any law, would be
FR 353
termed as CSR activity?
Whether Hamba Manufacturers Ltd. should include cost of the air conditioners in measure of its progress of
FR 1219
performance obligation? How should revenue be recognised for the year ended March, 2023?
FR A.217 Whether RISHI Limited has the right to direct the use of the ambulance van while assessing the lease contract?
whether SBL needs to recognize provision for the costs to be made with respect to the contaminated soil area and if
FR 1279
so, what shall be amount of pr
Whether the company's accounting treatment of cost for creation of provision towards onerous contracts is in line
FR 142
with the provisions of Ind AS 37
Whether the cost incurred to obtain the right regarding the sports celebrity cum employee can be recognised as an
FR A.1004
intangible asset as per Ind AS 38
Whether the cost of Buyer Furnished Equipment's (BFE's) supplied by XYZ Private Limited to Defence Innovators
FR 164
Limited for installing the same in the ships can be considered as 'inventory' by Defence I
Whether the financial statements of Softbharti private limited are correctly presented as per the applicable financial
FR 1239
reporting framework. If not, prepare the revised financial statements of Softbhar
Whether the production of the movie ‘Simran’ is at the research or development stage under the relevant Ind AS.
FR A.669
Explain the accounting treatment for the cost incurred till date with respect to the said movie
Whether the provisions of Section 135 of the Companies Act, 2013 is required to be complied by the Company
FR 353
including its Holding or Subsidiary Company?
Whether the research and development on either of the drugs be recognized as an intangible asset in the books of
FR A.997
Suraj Pharma
FR 721 Whether these plucked tea leaves are agriculture produce as per Ind AS 41 or not?
whether Upal Ltd. is required to remeasure its provision and what would be the accounting treatment of the cost
FR 458
that will be recovered by Upal Ltd., w
Whether Vratam Ltd. is required to remeasure its provision and what would be the accounting treatment of the cost
FR 489
that will be recovered by Vratam Ltd., which has already been charged to the Statement

Page 7
 Whether XLL’s performance obligation is met over period of time? (3 Marks) (b) Analyse the fair value of leasing
FR 466
containers upon initial recogniti
With reference to information given under Para 1, whether Upal Ltd. is required to remeasure its provision and what
FR 458
would be the accounting treatment of the cost that will be recovered by Upal Ltd., w
FR 463 With reference to information given under Para 2, evaluate this under the definition of financial instrument.
With reference to information given under Para 2, what would be the treatment of the short-term compensating
FR 459
absences, profit-sharing plan and the defined contribution plan in the books of Upal Ltd? W
FR 463 With reference to information given under Para 3, analyse the situation in accordance with relevant Ind AS?
With reference to information given under Para 4, (a) Whether XLL’s performance obligation is met over period of
FR 466
time? (3 Marks) (b) Analyse the fair value of leasing containers upon initial recogniti
With reference to information given under Para 4, discuss whether the classification of Aviskrutya Ltd. as held for
FR 468
sale and its presentation as a discontinued operation is appropriate, by referring t
FR 466 With reference to information given under Para 5, how should XLL determine the transaction price?
With reference to Para 1, what would be the treatment of Building A and Building B in the Balance Sheet of Kundan
FR 527
Gems Pvt. Ltd. for FY 2021-22? Provide detailed disclosures and computations in line w
With reference to Para 3, how should the Asayam Ltd. account for the lease entered with Havanti Ltd. in its books of
FR 494
accounts?
With reference to the information given under Para 2, calculate the impairment loss, if any, to be provided in the
FR 1279
books of SBL with respect to the machinery bought for performing the special job of K
With reference to the information given under Para 3, how much excess CSR expenditure has been made by YPL
FR 1137
during F.Y. 2022-23 and whether such excess CSR expenditure can be carried forward to the nex
FR 1033 With reference to the information given under Para 4, calculate the share-based payment value as per Ind AS 102?
With reference to the information given under Para 4, show the statement of profit and loss and balance sheet
FR 1138
extracts in respect of the grant received by YPL for first year under both the methods as
With reference to the information given under Para 4, whether SBL needs to recognize provision for the costs to be
FR 1279
made with respect to the contaminated soil area and if so, what shall be amount of pr
With reference to the information given under Para 5, what shall be the correct presentation of the items for which
FR 1279
Mr. Amrit had observed errors?
With reference to the inputs provided in the Gist of Discussion-2 above, evaluate whether the accounting treatment
FR 246
made by the Management is in compliance with the applicable Ind AS. If not, advise th
With respect to information given in Issue 1, discuss the potential ethical conflicts which may arise in respect of the
FR 1409 lease arrangement and the ethical principles which would guide how the finance manager, CA Manoj, should
respond to the situation.
With respect to information given in Para 2, analyse and state how the revenue should be recognised in respect of
FR 1399
sale of T-shirts by RPL to JML.
FR 106 With respect to SUN Limited, what will be the deferred tax and where will it be impacted
Would the reclassification of liabilities from non-current to current in the comparative amounts be considered to be
FR 1022
correction of an error? Would the entity, UBA Private Limited need to present a thi
You have been asked to explain regarding appropriate accounting treatment under Ind AS for amortisation of the
FR 136
goodwill by the company and that whether the accounting treatment as suggested in paragra
You have observed that 1 of the Company's units located in a coastal area had faced interruption in production
FR 291
during the second quarter of FY 2019-20 due to cyclone and floods. On the basis of the in
You observe that the Company has been making estimates in the carrying amount of an asset or a liability. On
FR 340
perusal of the estimates made by the Company you feel that the estimates made by the Compan

Page 8
 Advanced Financial Management (AFM)
Sub Page Descriptive Question (Sorted A to Z)
ADVISE on how to address and maintain customer trust and relationships in response to the concerns raised in the
AFM A.681
recent newspaper article.
Analyse working capital position of the firm vis-à-vis last year by discussing each component of working capital cycle
AFM 881
and overall working capital requirements of firm including effect of incident of
Assess the performance of BL Ltd. using Economic Value Added (EVA) method. Assumptions, if any, should be clearly
AFM A.169 stated. Analyse the result of earning per share (EPS) and share market information. Evaluate the broader
performance of BL Limited considering EVA, EPS and Share Market information.
Based on the Business Case details provided by Quick & Qual Sys, what would be the potential value that can be
AFM 399
placed for the Company?
Being the referred Management Consultant, what are some of the ways you would suggest STAS management to
AFM 186
finance their start-up?
AFM 95 Calculate the Enterprise value of ARP Limited using entity value as the base under relative valuation method
AFM 1400 Calculate the expected loss, if the hedging is not done. How the position will change, if the firm takes forward cover?
Calculate the Exponential Moving Average (EMA) of Sensex during the period given in the case study and suggest
AFM A.982
whether the market is bullish.(
AFM 1358 Calculate the NAV per unit of the Scheme Purnarth
CESL was considering the replacement of its existing machine with a new machine. On the basis of the inputs given in
AFM 239
para (2) above, advise on the viability of the proposal
AFM 28 Compute the current market price of the bond
Considering the import transaction, what would have been the most likely recommendation made by the finance
AFM A.722
team to Vihaan Mehta during the meeting? (Assume 360 days in a year)
Determine the accurate valuation of BDM Ltd. as calculated by the registered valuer of DPL, and provide an ANALYSIS
AFM A.675
based on the revised valuation.
AFM A.970 Determine the equivalent earnings per share of XYZ Ltd
AFM 239 Determine the equivalent earnings per share of XYZ Ltd.
determine the incremental value due to adoption of the new strategy in line with the strategic financial management
AFM 179
principles adopted by the company
AFM A.970 Determine the market value of the merged firm
AFM 239 Determine the market value of the merged firm, assuming its P/E multiple remains unchanged
AFM A.44 Evaluate the effectiveness of valuation techniques in the acquisition of Connect India by XG.
EVALUATE the external environment for Doormato's strategic acquisition of African Eats, considering the non-
financial factors. (HINT- How do political, economic, social, cultural, technological, legal, and ethical factors influence
AFM A.681
the success of this investment? What strategies should Doormato implement to address these challenges and ensure
a successful acquisition?)
Explain any three advantages as well as drawbacks of investing in Mutual Funds as would have been narrated by Mr.
AFM 1358
Yashdeep.
AFM 28 Explain Maculay's duration and compute the duration
Explain the concept of reverse merger and advise the management of JKL the benefits, if any, in case merger of JKL
AFM 95
with Machine Industries Limited (MIL) is done following the suggestion of financial c
How can blockchain technology be APPLIED by Doormato and finance professionals in the following areas: (a) Supply
AFM A.681
chain operations (b) Audit processes (c) Managing sensitive customer data
AFM 303 How will you carry out the company analysis of Paper Board Private G Limited using the statistical techniques
How would you rate Quick & Qual Sys based on the information provided and elucidate various positive and negative
AFM 399
aspects that needs to be considered in the overall evaluation of the investment by Din
If the proposed merger takes place, what would be the new earnings per share for Gangotri Ltd. (assuming the
AFM 192
merger takes place by exchange of Equity Shares and the Exchange Ratio is based on the Curr
If the spot rates on March 31, 2024 are: INR/US $ = ` 66.25 JPY/US $ = JPY 110.85 Is the decision to take forward
AFM 1400
cover justified? Note: For cross rate of `/¥ round off up to 4 decimal points.
AFM A.970 In respect of the acquisition by ABC Ltd. (another subsidiary of MAPL) of XYZ Ltd., you are required to calculate
AFM 239 In respect of the acquisition by SFL (another subsidiary of CESL) of XYZ Ltd, you are required to calculate:
In respect of the inputs given in para (12) above, determine the incremental value due to adoption of the new
AFM 179
strategy in line with the strategic financial management principles adopted by the company
AFM 192 Limited as above
Prepare a statement showing evaluation of two machines as may be prepared by Rupesh to advise GNT Ltd.to buy
AFM A.979
machine.
AFM 732 PTPL seeks your ADVISE on the option to be chosen to hedge the foreign exchange risk.
Start-up GrowFine is also planning to approach other investors to fund its business requirements. What specific
AFM 839
points shall be considered while carrying out due diligence of such start-up for picking
State the broad procedures that should be followed to decide whether to hedge forex risk and in selection of the
AFM A.970
hedge instruments.

Page 9
 Suppose if Mr. Harsh has been asked to suggest approaches that may be used while appraising the project under
AFM 1353
inflationary conditions. Explain these approaches.
Supposing the merger was carried out based on the exchange ratio suggested by Mr. A, illustrate the impact of the
AFM A.71
merger on the EPS of both companies.
The company has 3 choices: (i) Forward cover (ii) Money market cover, and (iii) Currency option. Which of the
AFM A.106 alternatives is preferable by the company? (Note: Compute INR required under different alternatives for buying 1
USD after 3 months and also the INR/USD exchange rate value should be upto 4 decimal points)
AFM A.970 The number of equity shares to be issued by ABC Ltd., for acquisition of XYZ Ltd.
AFM 239 The number of equity shares to be issued by SFL., for acquisition of XYZ Ltd.
To CALCULATE the net present value (NPV) of the proposed investment. While the nominal discount rate used by
Doormato is 8% but considering risk nature of the project, 6% risk premium is required to be considered. Notes - (1)
AFM A.681
Taxation to be ignored in this calculation (2) PVF and exchange rates to be considered upto four decimal (3) final
calculations to be rounded off the whole number.
AFM A.681 To place agenda regarding Strategic Acquisition African Eats before the board it was required to:
AFM A.970 What is the EPS of ABC Ltd., after the acquisition?
What is the expected market price per share of ABC Ltd., after the acquisition, assuming its PIE multiple remains
AFM A.970
unchanged?
What is the expected market price per share of SFL., after the acquisition, assuming its P/E multiple remains
AFM 239
unchanged
AFM 192 What is the present EPS of both the companies?
AFM 239 What would be the EPS of SFL., after the acquisition?
AFM 313 What would be typical categorisation of various securitisation instruments handled by Clean and Sweep
Which project would have been recommended by Mr. Harsh? Explain whether his opinion will change, if coefficient
AFM 1353
of variation is used as a measure of risk.
AFM 192 With reference to the inputs given for Gangotri Limited as above
You are required to identify different types of Risk faced by Quick & Qual Sys and also assess the Risk critically to
AFM 399
facilitate investment decision by Ding Dong.

Page 10
 Audit
Sub PageDescriptive Question (Sorted A to Z)
AAI plans to enter into a joint venture with PGL from 1st April, 2024. TAPL is new vehicle for this
Audit 1365
purpose. What role internal audit function can play in such a joint venture?
ADVISE the ideal reporting structure of the Chief Internal Auditor that HR head may propose to the
Audit A.697
Managing Director?
analyse the issues involved and give your views as to whether or not the auditor, DRT & Co., could
Audit 1404
accede to the request of the management
analyze the issues involved and give your views as to whether or not the Auditors could accede to the
Audit 327
request of the Board of Directors for
Audit 327 analyze the issues involved and state how the Auditor should decide on this matter.
Apara wants to draw the attention of the readers of the financial statements by way of an Emphasis of
Matter (EOM) paragraph in the Audit Report issued by them indicating the fact of their appointment due
Audit 63
to resignation of the existing auditor. Explain the circumstances in which an auditor may consider to
include an Emphasis of Matter (EOM) paragraph in their audit report. Is approach of Apara proper?
Audit A.247 Are the Key Audit matters in accordance with SA 701. Give reasons
Are there any matter(s) that need to be reported with unfavourable response under the Companies
Audit 415
(Auditor's Report) Order, 2016-(CARO, 2016)? If so, explain the same with relevant rationale
As a joint auditor of Zemka Ltd, how should CA. Gudia address the disagreement with other joint
Audit 37
auditors? Explain in the background of relevant Standards on Auditing.
As a Statutory Auditor state with reasons whether you would accede to the request of the Chief
Audit 664
Accountant not to seek confirmation from certain trade payables citing disputes.
As a Statutory Auditor, how would you deal when you find huge differences between the control
Audit 664
accounts and subsidiary records?
as a user auditor i.e. as an auditor of Upal Ltd., what information would you obtain about controls at a
Audit 459
sub-service organization, Paryupasna HR & Acc
As an auditor of Rising Star Limited, state the matters to be reported under Rule 11 of the Companies
Audit 415
(Audit and Auditors) Rules, 2014? What are those matters and how would you report them?
As regards transaction with Mr. D, one of the directors, state few audit procedures pertaining to
Audit 921
transaction to be performed by CA Krit Garg. Discuss probable purpose of such audit procedures also.
As the Statutory Auditor of the XYZ Limited, what audit procedures should CA Gudia perform for the
Audit 37
Show Cause Notice received from the State Pollution Board?
Assume that during course of audit, CA Madhusudan suspects that there may be non-compliance by
Audit 1390
NGO in relation to some aspects of FCRA, 2010. How he should proceed in such a situation?
Assume that Mr. H, an individual Chartered Accountant, is appointed as an auditor of Stable and Efficient
Audit 1212
Limited. After completion of term as an auditor as mentioned in Rotation of Auditor, for how m
Auditors are required to assess the risks of material misstatement at two levels”. Briefly explain the same
Audit 897
and state the procedures to be followed by Komal regarding validity of account balances rela
Auditors are required to assess the risks of material misstatement at two levels”. Briefly explain the same
Audit 897
and state the procedures to be followed by Komal regarding validity of account balances rela
Based on the audit observation (10), state the matters where specific enquiry may be conducted to
Audit 216
evaluate subsequent events.
Being entrusted with the task of auditing the IT department of BCPL, Mr. Rajesh Das, the engagement
partner, will be leading the audit on behalf of RK & Associates. Which type of audit of IT department of
Audit A.238
BCPL is being conducted by Mr. Rajesh? Also distinguish such audit from other audit types by providing
reasons for the same
Being Lakshya, how you would strengthen the Company’s internal controls as suggested by the
Audit 991 management to make the system robust by framing the company’s policy with respect to expense
reimbursement?
By when, Kiramji Ltd. should have ceased capitalizing the interest costs related to the building and how
Audit 530
such matter will be qualified in the audit report by the auditor of the company? Describe the m
CA Grace Pahwa, at the start of the Statutory Audit of Mahajan Food Products Ltd. deliberates to her
Audit 1305
Audit team on how to conduct the audit as per the relevant requirements of the Companies Act and SA
CA Vani would conduct the Due Diligence work w.r.t ABC Ltd. as required by Mr. Hari Mehta. Help her list
Audit 1150
outthe contents of Due Diligence Review Report that she may submit.
Can PQRST & Co. accept the appointment as an auditor in 80 private companies having paid-up share
Audit 1220
capital less than ` 100 crore which has not committed default in filing its financial statements under
Page 11
 Comment on the reply given by CA Kumar to Mr. Dutta in response to his request of not following
Audit 1261
Standards on Auditing while carrying out the audit of their Company in terms of provisions of the Charte
comment on whether communication made with the previous auditor is in line with relevant clause of
Audit 179
Schedule to the Chartered Accountants Act, 1949 and Code of Ethics.
Considering the inputs in Discussion 1 as an advisor, what factors would be considered by you in
Audit 170
formulating the audit strategy of the Company
Differentiate between the two types of Audit functions as performed by CA Ravi Mehta and CA
Audit 1292
Hariharan as discussed in the above case of Annapurna Trading Pvt. Ltd.
Differentiate between the two types of Audit functions as performed by CA Ravi Mehta and CA
Audit 595
Hariharan as discussed in the above case of Annapurna Trading Pvt. Ltd.
Audit 1315 Discuss the differences between the types of audit as carried out by CA Rupali & CA Bhawanmeet.
Discuss what is understood by “quick mortality” and also list out reporting requirements in respect of
Audit 889
such accounts in LFAR to be submitted by the auditor. What could be probable significance of such
due to presence of what type of factors, Mr. Praveen might have considered to retest the controls and
Audit 855
not to rely upon the audit evidence obtained
Due to some unavoidable reasons YZ and Associates resigned from being the auditor of HW Limited for
Audit 582
the financial year 2019-20. Keeping the above situation in mind answer the questions that follow:
Audit 855 due to what legal restrictions, Rao & Co. would not be able to provide internal audit services to VPL?
ENUMERATE some circumstances, change of which would prompt inquiries from the management of
Audit 721
RTL.
Enumerate the procedure for appointment of the statutory auditors in case of casual vacancy. Apara
Audit 63
wants to draw the attention of the readers of the financial statements by way of an Emphasis of Matte
Enumerate whether CA Shirish has any responsibility towards opening inventory balances as on April 1,
2023. What will be the responsibilities of CA Shirish in each of the following cases: (i)He is unable to
Audit A.169 obtain sufficient appropriate audit evidence regarding the opening balance of inventory. (ii)On obtaining
appropriate audit evidence, CA Shirish concludes that the opening balance inventory contains
misstatements that can materially affect the current year’s financial
EXAMINE the ethical implications of the chartered accountant's issuance of Form 15CB without proper
Audit A.697
verification and due diligence in this case
Explain about the professional misconduct as defined in Part I of the First Schedule to the Chartered
Audit 128
Accountants Act regarding accepting a position as an auditor previously held by another chartered
Explain the constitution of Audit Committee as per the provisions of the Companies Act, 2013 and SEBI
Audit 118
(LODR) Regulations 2015
Explain the reason for obtaining independent confirmation prescribed under SA 505? What alternate
Audit A.669 procedures should the auditors, Ranveer and Ranvir LLP, perform if the response of independent
confirmation of trade receivable was inadequate?
explain which of the group companies are required to appoint an internal auditor under the provisions of
Audit 170
the Companies Act, 2013?
From the information given in Para II, where key audit matters have been addressed by the auditors,
Audit 623
describe principal audit procedures that may have been followed by the auditor regarding material un
How CA. R, the statutory auditor would react to the findings of internal auditor about the deficiencies in
Audit A.975
internal control of receivables?
How should M/s XYZ, Chartered Accountants indicate in its report for responsibilities of their work and
Audit 1023
M/s ABC, Chartered accountants work in the course of audit, so that the concerned stakeholders c
How will you deal with the issues raised by the company secretary from the financial reporting and
Audit 367
compliance perspective?
Identify the existing risk at each stage, at different levels and control procedures in the given format of
Audit 791
Risk Control Table for : (i) purchase to pay process (ii) order to cash process.
If BIL and Sysma Inc are covered under transfer pricing and arm's length price is required to be
Audit 21
determined for their transactions, what will be the factors for the purpose of selecting the most appro
If you are the auditors of ABC, then how would you address the matter related to similar invoices for
Audit 766
expenses incurred on contractual manpower charges in the conduct of the statutory audit? Also eval
In background of Merun’s discussion with Tan and Kan, answer the following: (i) Can the financial
Audit 76 statements and audit report signed by Merun be reviewed by some other Chartered Accountant? If yes,
wh
In case of client 6, the auditor has proposed another person of firm as his representative in the annual
Audit 1205
general meeting. Whether auditor can do such kind of arrangement?
Audit 70 In case you are appointed as CFO of the company:
Page 12
 In light of the Ms. Archana’s observation RE-DRAFT a policy to identify and evaluate possible threats to
Audit A.732
independence considering SQC 1?
In respect employee and employer's contribution towards Employee State Insurance contribution for the
Audit 291
Company's units 1 to 3, explain whether the contention of the Chief Accounts officer is correct ?
In respect of the expenses not applied towards the objects of the Trust referred in a para (a), examine
Audit 327
whether the action of the previous Auditor by informing the Board of Trustees through a separate
In the background of provisions of the Chartered Accountants Act, 1949, explain the types of
Audit 14
misconduct. Also, comment whether Mr. Safe is guilty of any professional misconduct
In the context of this Mahajan Food Products Ltd.'s Related parties, the potential effects of inherent
Audit 1305
limitations on CA Grace's ability to detect material misstatements are greater than usual. Give 2
In the light of the information given in para (h) above, analyze the issues involved and state how the
Audit 327
Auditor should decide on this matter.
In the light of the information provided in para (b) above, analyze the issues involved and give your views
Audit 327
as to whether or not the Auditors could accede to the request of the Board of Directors for
In the light of the inputs given above in Discussion 3, explain which of the group companies are required
Audit 170
to appoint an internal auditor under the provisions of the Companies Act, 2013?
In your view what are the responsibilities of the Joint Auditors appointed under the Companies Act, 2013
Audit 308
with respect to division of work, reliance on the work carried out by other joint auditors, tre
Indicate the areas for establishing and maintaining internal controls for financial reporting which will be
Audit 70
certified by you
MAPL wants to know as per Company Law, when a company is required to appoint an internal auditor
Audit A.970 and who shall be appointed as internal auditor. In the given facts, from which year MAPL will be required
to have an internal auditor
Mention the aspects that you would certify to the Board of directors along with the Chief Executive
Audit 70
Officer of the Company
Mittal & Co based on management representation- decides to include the outstanding amounts
Audit A.966 receivable by MNO Ltd. as 'Emphasis of Matter' paragraph in the audit report. Whether the disclosure
given by the auditor is proper
Mr. X and Mr. Y had certain opinions on appointment of tax & internal auditor. After reading and
Audit 571
understanding those opinions answer the following questions: (a) Is it correct that tax auditor of a co
On the basis of overall description of case study, what factors should be considered by CA Madhusudan
Audit 1390
while assessing audit risk of DBS Trust during course of audit for financial year 2023-24?
Provide a brief summary of items to be reported to those in-charge of governance, where applicable,
Audit 415
based on your audit findings for Rising Star Limited, duly considering the Auditing Standards and th
Provide an answer to the following questions relating to Special Audit of Cheerful & Healthy Limited: (a)
Audit 570
Chartered Accountant for the purpose of Special Audit would be appointed by whom?
Audit 1358 provide some illustrative steps for performing audit of the blockchain-based system.
Audit 1220 Provide the maximum number of Audits remaining in the name of “PQRST & Co.”
Provide the maximum number of Audits remaining in the name of individual partner i.e. “Mr. P”, “Mr.
Audit 1220
Q”, Mr. R, Mr. S and Mr. T.
Referring Para 5, what kind of opinion should the statutory auditors issue in the case of Samya Ltd.?
Audit 516
Please draft the same.
Referring the presentation made by the auditor regarding Emphasis of Matter paragraph in the Auditor’s
Audit 629
Report, state the conditions for including such paragraph. Also give certain examples of cases wh
Referring the presentation made by the auditor regarding Emphasis of Matter paragraph in the Auditor’s
Audit 695
Report, state the conditions for including such paragraph. Also give certain examples of cases wh
Referring to the above case study, comment on receipt of audit fees by CA Rajdeep on progressive basis
Audit A.242
from the firm
Since the point of board meetings has come up during the audit, the directors had a detailed discussion
Audit 585
on the same with the member of your firm who’s taking care of company law matters. What are the
Summarise the material misstatements, if any; on the management prepared financial statements which
Audit 415
could impact the true and fair view of the financial statements. Please provide the basis for your a
Summarize the material mis-statements/disclosure deficiencies, if any, on the Management prepared
Audit 216
financial statements which could impact the true and fair view of the financial statements. Please pro
Suppose WY and Associates, a Partnership Firm of Chartered Accountants is appointed as an auditor of
Audit 1212
Stable and Efficient Limited, after completion of that term as an auditor as is mentioned for Rotat
The auditor is also required to report auditors’ report whether the company has adequate internal
Audit 767
financial controls system in place and the operating effectiveness of such controls. Identify the cont
Page 13
 The auditors want to change asset classification from “Standard” to “Sub-Standard” for M/s Poriborton
Audit 889
Industries. Discuss.
The executive and non-executive directors have different roles and responsibilities. The responsibility of
Audit 58
independent directors with reference to financial reporting and approval, as part of an Audit
The previous Statutory Auditors of CESL made an adverse statement in their certificate as the Audit
Audit 239
Committee of the Company did not meet four times a year. State a few other circumstances that might
What all matters are discussed in the Management Discussion and Analysis Report? What is the
Audit 1252 responsibility of CA Om with respect to the request of Mr. Rahul asking CA Om to verify the non-
financial
What are the factors to be considered for using negative confirmation requests in the scenario
Audit 216
mentioned in the audit observation (1)
What is the difference between Risk Assessment, Due Diligence and Valuation exercises which you need
Audit 399
to carry out on behalf of Ding Dong in connection with their potential investment in Quick, & Qual
What is the role and the responsibility of the statutory auditors in connection with the laws and
Audit 383
regulations under the applicable auditing standards in India / Indian Companies Act, 2013 ?
Audit 463 what kind of opinion should the statutory auditors issue in such case?
what kind of opinion should the statutory auditors issue in the case of Samya Ltd.? Please draft the
Audit 516
same.
What manner and procedure shall be followed in RA Ltd for selection and appointment of ABC &
Audit 1124
Associates? Refer Para (2).
Audit 1137 what Mr. Kailash should have evaluated in addition to performing procedures as per SA 330?
What shall the audit team inspect for indications of the existence of related party relationships or
Audit 1305
transactions that management has not previously identified or disclosed to them?
What should be the contents of the review policy and procedures, if Merun's firm is required to establish
Audit 76
such policy?
What specific factors for online shopping would be considered by CA Puru in formulating the audit
Audit 942
strategy of the company in the above case keeping in mind the concern raised by Mr. Prabhudeva?
what was the responsibility of Mr. Praveen in the given case with respect to his planning to use the audit
Audit 855
evidence from the previous audit and wh
what will be your areas of verification and the procedure to be followed for verification of defalcation of
Audit 246
inventory?
What will be your response to the Statutory Auditors regarding various matters highlighted by them as
Audit 367
part of the audit process?
What would be the implications in company’s audit report as a reporting by the company’s auditor, for
Audit 991
default committed by Lotus private limited in non-deposit of service tax dues amounting to ` 30,00
What would be your advice to Ringing Bell in developing a framework for ensuring compliance with laws
Audit 383
and regulations in India ?
What would be your response to Thompson regarding the specific requirements of the Indian Companies
Audit 383
Act, 2013 relating to • Need for setting up a compliance and governance committee • Compliance audit
where key audit matters have been addressed by the auditors, describe principal audit procedures that
Audit 623
may have been followed by the auditor regarding material un
Whether Chandhriv Ltd. could have made such contribution to Krut Foundation? (3 Marks) (b) Whether
Audit 461
Mr. Matvar can be held guilty of professional m
Whether M/s ABC can accept the new statutory audit assignment of Big Private Limited as suggested by
Audit 1193
the management of Big Private Limited. Explain the answer with relevant provisions of Companies Act
Which applications that are deployed by PQR Ltd for business activities are relevant for the audit? Give
Audit 792
reasons.
With reference to information given in Para D, analyse the issues involved and give your views as to
Audit 1404
whether or not the auditor, DRT & Co., could accede to the request of the management
With reference to information given under Para 1, (a) Whether Chandhriv Ltd. could have made such
Audit 461
contribution to Krut Foundation? (3 Marks) (b) Whether Mr. Matvar can be held guilty of professional m
With reference to information given under Para 1, as a user auditor i.e. as an auditor of Upal Ltd., what
Audit 459
information would you obtain about controls at a sub-service organization, Paryupasna HR & Acc
With reference to information given under Para 4, what kind of opinion should the statutory auditors
Audit 463
issue in such case?
With reference to the accounting estimates (given under Para 2) that might give rise to significant risks,
Audit 1137
what Mr. Kailash should have evaluated in addition to performing procedures as per SA 330?

Page 14
 With reference to the case study, comment on whether communication made with the previous auditor
Audit 179
is in line with relevant clause of Schedule to the Chartered Accountants Act, 1949 and Code of Ethics.
With reference to the information given in Para 7, provide some illustrative steps for performing audit of
Audit 1358
the blockchain-based system.
With reference to the information given in the case study, analyze the issues involved and give your
Audit A.722
views as to whether or not the auditor, DRT & Co., could accept the request of the management
With reference to the information given under Para 4, due to presence of what type of factors, Mr.
Audit 855
Praveen might have considered to retest the controls and not to rely upon the audit evidence obtained
With reference to the information given under Para 4, what was the responsibility of Mr. Praveen in the
Audit 855
given case with respect to his planning to use the audit evidence from the previous audit and wh
With reference to the information given under Para 5, due to what legal restrictions, Rao & Co. would
Audit 855
not be able to provide internal audit services to VPL?
With reference to the inputs provided in the Gist of Discussion-1 above, what will be your areas of
Audit 246
verification and the procedure to be followed for verification of defalcation of inventory?
Audit 1212 With respect to applicability of Rotation of Auditor, answer the questions that follow:
Would your answer be different, if out of those 80 private companies, 65 companies are having paid-up
Audit 1220
share capital of ` 125 crore each?
You are required to guide CA Ms. Shweta how she should approach in case of JKL when the management
Audit 95
has neither provided the investigation report nor any representation in respect of suspected fraud

Page 15
 Direct Tax (DT)
Sub Page Descriptive Question (Sorted A to Z)
Advise Aggarsain Spinners Private Ltd. on treatment of interest payment made on loan and depreciation allowable for
DT 1002
the Assessment Year 2024-25. Assume that this machine is the only machine in the rel
Advise promoters of company of any such legally permissible benefits to lower its income tax liability for A.Y. 2024-25.
DT A.739
Ignore the adjustment on account of depreciation under the Income-tax Act, 1961
DT 1395 Allowable deduction for salary paid to partners the assessment year 2024-25.
DT A.242 Allowable working partner salary for the A.Y. 2024-25 as per section 40(b).
Amount paid by the Govt. of India for use of a Patent developed by ‘Ahuja Designs Incorp.'(UK) is taxable in India U/s 9
DT 645
of the Income Tax Act, 1961.
DT 496 answer the following in terms of Income Tax Act, 1961:
Are there any exceptions to the rule that the income of the previous year shall be assessed in the subsequent
DT 352
assessment year? If yes, state the exceptions
As per CBDT Circular no. 8/2017, dated 23-02-2017, POEM guidelines shall not apply to Ahuja Designs Ltd. if its
DT 645
Turnover or Gross receipts are Rs. 100 Crores or less in a Financial Year.
ascertain the tax liability, which would arise from slump sale to Sensque Technologies Pvt. Ltd., assuming it does not
DT 527
opt for Section 115BAA.
Assume that in financial year 2019-20, capital gain arising after the land was transferred was ` 65 lakhs and the
DT 581
company decided to invest the whole amount of 65 lakhs in long term specified bonds of
Being the direct tax head of Surya Limited, what are your observations in respect of Form 3CD prepared by the
DT 1048
assistant of tax auditor. You are required to discuss the points which need the attention
DT A.242 Book-profit of the firm under section 40(b) of the Income-tax Act, 1961.
Calculate the amount of Capital Gain chargeable to tax in A.Y. 2020-21 for: (a) STYZ Limited on Machinery 20
DT 615
transferred to SZ Limited on 11/7/2019. (b) SZ Limited on Machinery 34 transferred to STYZ
Calculate the book profit of the partnership for the purpose of calculation of allowable deduction for salary paid to
DT 1395
partners as per the Income Tax Act, 1961
DT 1205 Calculate the income tax payable by client 2 - Rohit for assessment year 2023-24.
Calculate the Net Profit of RA Ltd. chargeable to tax under PGBP after making the adjustments for the transactions
DT 1124
given above in Para (3).
Calculate Total Comprehensive Income and evaluate whether MAT is applicable. Transition amount need not be
DT 792
calculated. Ignore MAT on transition amount
Can STAS seek revision under Section 264 of the Income Tax Act, 1961 in respect of the matters other than those
DT 186
preferred in appeal?
Can the assessee company seek revision under Section 264 of the Income Tax Act, 1961 in respect of the matters
DT 276
other than those preferred in appeal?
Can the Commissioner make a revision under Section 263 of the Income Tax Act, 1961 both in respect of matters
DT 186
covered in appeal and other matters
Can the Commissioner make a revision under Section 263 of the Income Tax Act, 1961 both in respect of matters
DT 276
covered in appeal and other matters?
compute Profits and Gains from Business or Profession for the Assessment Year 2019-20 indicating reasons for
DT 622
treatment of each item and ignoring the provisions re
Compute the amount of advance tax payable along with due date for payment of instalments of advance tax during
DT 1012
the previous year 2022-23 as per the provisions of Income-tax Act, 1961.
Compute the amount of advance tax payable along with due date for payment of instalments of advance tax during
DT 702
the previous year 2022-23 as per the provisions of Income-tax Act, 1961.
DT 1071 Compute the amount of TCS which needs to be collected from- • Kunal Textiles Ltd., & • Madhu Textiles Ltd
Compute the book profit tax under Section 115JB on the assumption that the consolidated figures of two divisions
DT 432
were given in Schedule III to Companies Act, 2013.
DT 432 Compute the business income of fabrics and cloth business for the Assessment Year 2018-19
DT 432 Compute the business income of soft toys manufacturing business for the Assessment Year 2018-19
DT 1114 Compute the capital gain for the A.Y. 2023-24 with respect to the slump sale made by M/s Sunstar Enterprises
DT 100 Compute the capital gain in respect of property sold in point (4) of the case study
Compute the Company’s income under the head Profits and Gains of Business or Profession. ((giving reasons for
DT 819
treatment of each item) Ignore MAT provisions
Compute the Company’s income under the head Profits and Gains of Business or Profession. (giving reasons for
DT 675
treatment of each item) Ignore MAT provisions
Compute the deduction available to Connect XG under Income-tax Act, 1961 for the previous year 2023-24 and the
DT A.44 amount chargeable to tax, if any, assuming that the company has been claiming deduction since the year of
acquisition of the spectrum.
Compute the deduction available to Connect XG under Income-tax Act, 1961 for the previous year 2023-24 and the
DT A.44
amount chargeable to tax, if any, assuming that the company has been claiming deduction since the year of

Page 16
 acquisition of the spectrum. (b)Suppose if the part of the spectrum was sold for ₹ 900 crores as per the bid by
Moonlink Telecom, then what would be the taxability under Income-tax Act, 1961.

DT 1409 compute the deduction available to Ms. Disha under appropriate provisions of the Income-tax, 1961 for A.Y. 2024-25.
compute the income chargeable to tax for Assessment year 2023-24 of Annapurna Trading Pvt. Ltd, ignoring MAT and
DT 595
provisions of section 115BAA. Support your answer
Compute the income chargeable to tax for Assessment Year 2023-24 of Ranjan Pvt. Ltd, ignoring MAT and provisions
DT 1170
of section 115BAA. Support your answer with working notes for CA Ankit.
Compute the income chargeable to tax for Assessment Year 2024-25 of Ujjawal Ltd. indicating reasons for treatment
DT A.979 of each item for the benefit of Rupesh, assuming that the company has not opted for special provisions under section
115BBA or 115BAB.
Compute the Income chargeable to tax for AY 2021-22 of Riddhi Siddhi Traders Pvt. Ltd. with supporting reasons.
DT 559
Ignore provisions of section 115BAA and MAT.
compute the income from house property of Mr. Dishant and Mr. Jayesh for A.Y. 2022-23, assuming all the conditions
DT 530
under Rule 4 are satisfied. Ignore, any alternate view for the same
Compute the profit of FIL for tax purposes, along with detailed notes, considering all the eligible deductions based on
DT 6
the facts mentioned in the case study.
DT 819 Compute the total income and tax payable by SZ Ltd. for the A.Y. 2018-19.
Compute the total income in the hands of Mr. Tinuraj for the A. Y. 2020 – 21 if he were a Resident and ordinarily
DT 689
resident or Resident but not ordinarily resident or Non-resident considering the addit
Compute the total income of CURE Pharma Pvt. Ltd. for the A.Y. 2018-19. Cost inflation Index - FY 2013-14: 220; FY
DT 675
2017-18: 272
DT 37 Compute the total income of Mr. Siraj for the financial year 2022-23.
Compute total income and tax liability of Shanaya Limited for the assessment year 2023-24, as per provisions of
DT 1012
Income-tax Act, 1961. Ignore the provisions of Minimum Alternate Tax.
Compute total income and tax liability of Shanaya Limited for the assessment year 2023-24, as per provisions of
DT 702
Income-tax Act, 1961. Ignore the provisions of Minimum Alternate Tax.
compute total income and tax liability of Waqt Ltd. for Assessment Year 2022-23, if it does not opt for section 115BAA
DT 486
or section 115BAB of the Income Tax Act, 1961 and its total inc
Compute total income of MVS Private Limited for Assessment Year 2023-24 and tax payable under Income Tax Act on
DT 952
such income indicating reasons for treatment of each item. Ignore the provisions relatin
DT 432 Compute total income of the Assessee for the Assessment Year 2018-19
Compute total income of the company for the Assessment Year 2018-19 stating the reasons for each item. Ignore
DT 782
provisions relating to Minimum Alternate Tax
Compute: (i) Book-profit of the firm under section 40(b) of the Income-tax Act, 1961. (ii) Allowable working partner
DT A.242
salary for the A.Y. 2024-25 as per section 40(b).
Considering the Balance Sheet of VayuSanchar Limited and ‘Other information’ as provided along with the facts
DT 630
mentioned below, construct a statement of cash flows under indirect method. (i) Income tax
Considering the Balance Sheet of VayuSanchar Limited and ‘Other information’ as provided along with the facts
DT 695
mentioned below, construct a statement of cash flows under indirect method. (i) Income tax
decide whether provisions relating to deduction of tax at source are attracted for the payments made to agent and
DT 461
civil engineer during the financial
DT 908 Determine the residential status of Raj Pharma AG for A.Y.2023-24, as per the Indian Income tax law
DT 908 Determine the residential status of Raj Pharma AG for A.Y.2024-25, as per the Indian Income tax law.
Determine the residential status of RPP Ltd. for A.Y.2023-24, if during the F.Y.2022-23, eight board meetings were
DT 1150
held–3 in India and 5 in Thailand.
Determine the tax liability, which would arise to Creations Ltd. from slump sale assuming it does not opt for section
DT 962
115BAA.
DT 522 determine the taxable income of Supatra Foundation for the assessment year 2022-23.
DT 1071 Discuss about the due dates of filing TCS Returns and furnishing of certificates to the buyer.
Discuss implications, if any, in its hands, of payments made by ABC Private Limited to Hum log Enterprises under
DT 76
Income tax law and GST law
DT 496 discuss the correctness of the action taken by Assessing Officer in respect of notice issued to Pranidhan Ltd.
DT 327 Discuss the direct tax implications in the hands of Joe Weider Incorporation due to presence of BPO in India
Discuss the provisions of section 147/148 of the Income Tax Act, 1961, and evaluate whether Assessing Officer was
DT 270
justified in completing the Assessment Proceedings u/s 147/143(3) of the Income Tax Ac
Discuss the provisions of section 153C of the Income Tax Act, 1961 and evaluate in the light the assessment order
DT 270
passed by the Assessing officer.
DT 1252 Discuss the tax implications/ TDS implications of the payment made to Techno Inc. by Sudarshan Ltd. if:
Discuss, with reasons, whether the contention of the Assessing Officer in the case explained to CA Kumar by Mr.
DT 1261
Praveen Dhakal is correct or not. Also, explain the tax treatment of the emergency spare
due to application of rollback provisions, income for P.Y. 2019-20 was getting reduced to ` 6,300 lakhs. In this case,
DT 486
how the rollback provisions would be applied?

Page 17
 During the financial year 2019-20, HW Limited transferred a land and invested the 70% of the amount of capital gain
DT 581
arising from transfer of land. Keeping in mind the scenario given in the case study,
DT 313 Evaluate the matters arising out of the income tax raid of Swatch and its allowability under the Income Tax Act, 1961.
Examine the allowability of the two expenditures incurred by Whirlsonic Ltd., under the relevant provisions of the
DT 971
Income Tax Act, 1961, related to payment of sales commission and secret commission wi
examine the applicability of the provisions of TDS in cases of employees of Asayam Ltd. in respect of life insurance
DT 494
policies taken by them.
DT 1404 examine the correctness of the action of Assessing Officer in respect of the interest expenditure claimed by MTL.
DT 1409 examine the obligation of Subham Ltd. to deduct tax at source while paying/ crediting salary to Ms. Disha.
DT 1353 examine whether the action of the Commissioner in case of Khwab Pharma Ltd.is justified as to the second notice.
DT 645 Examine with reasons whether the following statements are correct/incorrect :-
Explain about the Income tax audit provisions applicable to a charitable trust & help CA Lalita in chalking out an Audit
DT 1269
Programme to carry out the audit of “Serving the Poor” as requested to her by t
DT 100 Explain 'not-ordinarily resident' status of an Individual.
Explain the compliance, M/s. Telecom Inc., shall have to make under the Income Tax Act, 1961 while filing its Return
DT 148
of Income for its first financial year ended 31-3-2021
DT 383 Explain the difference between Tax Planning and Tax Evasion using the 4 specific issues raised by Ram kumar
Explain 'Virtual Digital Asset' as per the Income-tax Act, 1961 and the taxability of such assets. Also, compute the tax
DT 29
liability of SAK for the sale and purchase of bitcoins made during the year.
From the information given in Para 2, compute the income chargeable to tax for Assessment year 2023-24 of
DT 1292
Annapurna Trading Pvt. Ltd, ignoring MAT and provisions of section 115BAA. Support your answer
From the information given in Para 2, compute the income chargeable to tax for Assessment year 2023-24 of
DT 595
Annapurna Trading Pvt. Ltd, ignoring MAT and provisions of section 115BAA. Support your answer
From the information given in Para I, compute Profits and Gains from Business or Profession for the Assessment Year
DT 622
2019-20 indicating reasons for treatment of each item and ignoring the provisions re
From the information given in the case study, determine the residential status of Mr. Tinuraj by stating the relevant
DT 689
provisions of the Income Tax Act, 1961 for the Assessment Year 2020 - 21.
Gopi grows sugarcane and uses the same for the purpose of manufacturing sugar in his factory. 30% of sugarcane
DT 692
produced is sold for R 10 lacs, and the cost of cultivation of such sugarcane is R 5 lacs
GrowFine has issued equity shares to individuals having face value of `10/-per share at a price of ` 50/-per share. What
DT 838
are income tax implications for the same for GrowFine? What is such tax commonl
DT 461 guide CA Matvar in reporting the said transactions under the relevant clauses in Form No. 3CD.
Haryali Private Ltd.'s total turnover & Profits and gains from its eligible Start-up Business turn out to be as follows for
DT 638
the P.Y. 2018-19 to P.Y. 2024-25:
DT 1061 Help Pratham in working out the applicability of Income tax Audit on PQR Ltd.
How much amount of equalisation levy needs to be deposited for December Quarter and also by what date it needs
DT 491
to be deposited, in case if:- (i) Fsell Inc. has PE in India (ii) Fsell Inc. does not hav
How much income tax is to be payable by Shivani’s sister Reena? Calculate the taxable income of Reena to be shown
DT 1023
in her income tax return as per the information mentioned in question and calculate in
HW Limited made payments to various individuals during the financial year 2019-20. When payment is made by the
DT 582
company, whether T.D.S. would be deducted or not and if it would be deducted then what wo
If the Reverse Merger scheme is duly approved under the Companies Act, 2013 evaluate the impact of the same
DT 447
under the Income Tax Act, 1961 for 'Yamuna
In light of provisions of Income-tax Act, compute the amount of depreciation allowable as deduction on building and
DT 881
plant & machinery for the previous year 2022-23.
In respect of certain financial information given by the management team in respect of the Company's subsidiary as at
DT 353
31st March, 2019 as above, compute the total income of the company for the Assessm
DT 186 In respect of the information provided in para (g) above, please answer the following questions:
In respect of the information provided in para (j) above, please answer the following questions with reference to the
DT 276
latest provisions applicable to A.Y. 2019-2020:
In respect of US $ 250 million from Chase Inc. to invest in one of its ongoing building of highway projects in India, state
DT 231
with reasons whether the income of the non-resident is deemed to accrue or a
In the facts given· in the case study of second meeting, can a rectification order under section 254 of the Income-tax
Act, 1961 be passed by the Appellate Tribunal (ITAT) beyond 6 months from the end of the month in which the order
DT A.975
sought to be rectified is passed? CA. S wants to check from other members of the group in what circumstances
Income-tax Appellate Tribunal is empowered to pass rectification order after 6 months
In the financial year 2022-23, there was a shifting of industrial undertaking of Stable and Efficient Limited from urban
DT 1212
area of State H to rural area of State H of India. In this regard answer the qu
In the given case study, as a Tax auditor how will you report in Form 3CD the employees' contribution to provident
DT 82
fund and any disallowance which is to be made as per section 40(a) (ii) of the Income
In the light of the information given in summary of discussion (C) - 'Other Inputs' above, provide the course of action
DT 282
required on the part of the company,
DT 1178 Kindly inform Sabyaschi Ltd how much credit of tax paid in USA and Canada be obtained in India.

Page 18
 Mr. D discusses some items to be debited to the Income & Expenditure account of their Firm with all the Partners
DT 1104
while finalizing the Books of Accounts for the year F.Y. 2022-23. You are required to c
Mr. P has also plan to invest further amount of `10 crores in MTL Low Duration Fund and Bon India Low Duration Fund
DT 831
taken together in FY 2023-24. What are tax implications on redemption of above inves
Mr. Pardeep provides the sources of his various income and seeks your opinion to know about his liability to income
DT 980
tax thereon in India in assessment year 2024-25 assuming that he has exercised the o
One tax expert opined Ratio International Inc that the capital gain earned by it shall be assessed as an AOP. As the said
DT 1179
AOP was not a tax resident entity of Netherlands, benefits under the India-Net
Please also explain how HVCL shall consider the warranty clause in the supplies of equipment made to ABIL in
DT 143
preparation of computation of taxable income for A.Y. 2018-19?
DT 276 please answer the following questions with reference to the latest provisions applicable to A.Y. 2019-2020:
DT 186 please answer the following questions:
Please explain how provision for onerous contract made in the books of account have to be dealt with in preparation
DT 142
of computation of taxable income by HVCL for A.Y. 2018-19?
Please explain with reasoning, whether the disallowance of depreciation made and the income being assessed under
DT 154
the head 'Income From House Property' instead of Business Profits by the Assessing Offi
Prepare an advice by Rajesh to Swayam, an institution on the tax consequence of receipt of Rs 32 lakhs and
DT A.979
application thereof by it based on the facts provided in the case study
Priya and Arjun, the founders of EcoTech Innovations Pvt. Ltd., were concerned about the potential implications of
DT A.688 this notice on the company's tax compliance. They sought guidance from their Chief Financial Officer, Megha.
Accordingly, examine whether the action of the Commissioner is justified as to the second
DT 282 provide the course of action required on the part of the company,
Referring Para 4, compute the income from house property of Mr. Dishant and Mr. Jayesh for A.Y. 2022-23, assuming
DT 530
all the conditions under Rule 4 are satisfied. Ignore, any alternate view for the same
Referring Para 4, compute total income and tax liability of Waqt Ltd. for Assessment Year 2022-23, if it does not opt
DT 486
for section 115BAA or section 115BAB of the Income Tax Act, 1961 and its total inc
DT 522 Referring Para 4, determine the taxable income of Supatra Foundation for the assessment year 2022-23.
Since Mr. P wants to redeem his entire portfolio in month of October 2023, what should be the advice of CA. M to him
DT 831
regarding income tax implications of such redemption? (Do not calculate income tax
State all the TDS provisions applicable on ABC Developers Ltd. w.r.t. their transactions as stated in the above case
DT 1061
scenario.
State with reasons whether the following statements are correct/incorrect:(i) Income arising to Mr. Harnek Singh from
DT 692
transfer of Agricultural land situated in urban area is agricultural income.
Suggest modification of the restructuring plan of Creations Ltd., without changing the amount of sales consideration,
DT 962
so as to make it more tax efficient.
Suppose if the part of the spectrum was sold for ₹ 900 crores as per the bid by Moonlink Telecom, then what would
DT A.44
be the taxability under Income-tax Act, 1961.
The depreciation claim is rejected by the Assessing Officer on the ground that the Caber had only financed for
DT A.8 purchase of leased vehicles and hence it is neither owner nor used the same motor cars in his business. Comment on
the contention of the Assessing Officer.
The Finance manager was computing the interest to be capitalised as per ICDS – IX. As per the finance manager,
DT A.252
borrowing cost of INR 1 lakhs and INR 2 lakhs should be capitalised for Plant 1 and Plant 2, respectively. Do you agree
The promoters of the company are law compliant and do not want to be seen on the wrong side of law. However,
DT 868
they are also prudent minded and want to take benefits/deductions/exemptions available lega
The promoters of the company are law compliant and do not want to be seen on the wrong side of law. However,
DT A.739
they are also prudent minded and want to take tax benefits available legally and seek your advice.
The survey team has raised the matter regarding non-deduction of tax at source on ocean freight paid to shipping
DT 847
agents of non-resident foreign shipping companies in its show-cause notice. How can CA
To handle the growing Indian Business more effectively, Mr. Ramesh Ahuja decides to permanently shift to India with
DT 645
his family and decides to manage the UK business from India itself. He returned to I
DT 496 What action the DDI shall be taking in respect of the seized papers relating to Deshavart Ltd., Jaipur?
DT 432 What are the essential conditions for claiming exemption for newly established units in Special Economic Zones
DT 383 What do you understand by the term Round Tripping under the Tax laws and explain the same with an example.
What is the amount of exemption available to the company for the A.Y. 2020-21, after 70% of the amount of capital
DT 581
gain arising from transfer of land is invested in the manner as specified in the case
What is the difference between exemptions under section 10 and deductions provided under Chapter -VIA under the
DT 352
Income-tax Act, 1961?
DT 711 What is the income chargeable to tax in the hands of Mr. Arnav as per Income-tax Act, 1961?
DT 711 What is the income chargeable to tax in the hands of Mr. Raghav during FY 2019-20 as per Income-tax Act, 1961?
DT 496 What presumption shall be drawn in respect of the papers which indicate transactions not recorded in the books?
What should be proper advice of CA Madhusudan to Mr. Z regarding implications of proposed sale of a capital asset
DT 1390
and acquisition of another capital asset as described in case study?
What would be your advice as a tax-consultant to make the restructuring plan of the company more tax-savvy,
DT 527
without changing the amount of sale consideration?
Page 19
 What would happen if HW Ltd. transferred the long term specified bonds of Rural Electrification Corporation Limited
DT 581
in the financial year 2021-22?
Whether deposits with A Ltd., an Indian company, would still be construed as a foreign exchange asset eligible to
DT 579
claim the benefit of special provisions applicable to non –resident?
DT 496 Whether the contention raised by Mr. Prasidh as to cash money found from his bedroom will be acceptable?
With reference to Case, the depreciation claim is rejected by the Assessing Officer on the ground that the Caber had
DT A.8 only financed for purchase of leased vehicles and hence it is neither owner nor used the same motor cars in his
business. Comment on the contention of the Assessing Officer.
With reference to information given in Para E, examine the correctness of the action of Assessing Officer in respect of
DT 1404
the interest expenditure claimed by MTL.
With reference to information given under Para 2, decide whether provisions relating to deduction of tax at source
DT 461
are attracted for the payments made to agent and civil engineer during the financial
With reference to information given under Para 4, guide CA Matvar in reporting the said transactions under the
DT 461
relevant clauses in Form No. 3CD.
DT 496 With reference to Para 2, answer the following in terms of Income Tax Act, 1961:
With reference to Para 2, ascertain the tax liability, which would arise from slump sale to Sensque Technologies Pvt.
DT 527
Ltd., assuming it does not opt for Section 115BAA.
With reference to Para 2, discuss the correctness of the action taken by Assessing Officer in respect of notice issued to
DT 496
Pranidhan Ltd.
With reference to Para 2, examine the applicability of the provisions of TDS in cases of employees of Asayam Ltd. in
DT 494
respect of life insurance policies taken by them.
With reference to Para 4, due to application of rollback provisions, income for P.Y. 2019-20 was getting reduced to `
DT 486
6,300 lakhs. In this case, how the rollback provisions would be applied?
With respect to information given in Issue 4, compute the deduction available to Ms. Disha under appropriate
DT 1409
provisions of the Income-tax, 1961 for A.Y. 2024-25.
With respect to information given in Issue 4, examine the obligation of Subham Ltd. to deduct tax at source while
DT 1409
paying/ crediting salary to Ms. Disha.
With respect to information given in Para 7, examine whether the action of the Commissioner in case of Khwab
DT 1353
Pharma Ltd.is justified as to the second notice.
With the help of data provided by the Head Accountant of Kavya Hotels Ltd. and the following additional information,
DT 897
compute profits and gains of business or profession of Kavya Hotels Limited for the
With the help of data provided by the Head Accountant of Kavya Hotels Ltd. and the following additional information,
DT 897
compute profits and gains of business or profession of Kavya Hotels Limited for the
You are requested to provide detailed response to the 3 specific clarifications sought by Thompson in connection with
DT 383
the Transfer Pricing aspects under the Indian regulatory requirements.
You are required to calculate the tax liability in the hands of “Serving the Poor” trust arising as a result of merger with
DT 1269
MSNV Pvt. Ltd. with the help of the information given in the Case scenario a
You are required to compute the amount of depreciation allowable under the Income-tax Act, 1961 in respect of block
DT A.71
of assets carrying 15% rate of depreciation to MNO Ltd. & PQR Ltd. for the previous year ended on 31.03.2024.
You are required to compute the income from business or profession (ignore the provisions of section 115BAA) of
DT 1219
Hamba Manufacturers Ltd. for the Assessment year 2023-24, after considering the informat
You are required to state income tax implications of withdrawals from deposit account during financial year 2023-24
DT 942
relevant for assessment year 2024-25
You have also been requested to explain whether in respect of payments made for on-line digital assets purchased by
DT 160
the firm and payments made for on-line services taken by the company for special vis

Page 20
 Indirect Tax (IDT)
Sub Page Descriptive Question (Sorted A to Z)
Analyze the issue of Lotus Private Limited for the billing done to customers and accordingly compute the net GST
IDT 991
liability to be paid for the month of April 2022. Support your answer with detailed wor
Being Akshay, help the accountant to find the liability of statutory dues to be paid in the Government treasury for
IDT 1093
the month of March 2023
Being the IDT manager, what are your observations under the scope of GST rules and regulations for the manual
IDT 1048
Invoice issued by your assistant.
CA Ankit has provided various Consultancy and Assurance services during the year as follows. Determine the time
IDT 1171
of supply in the following cases assuming that rate of GST changes from 18% to 20% w.e.f
CA Vivek bags a contract of providing financial and management consultancy to a group of companies for an
IDT 1171
annual retainership fee of ` 15 lakh. He is given a room in the head office of the group for i
compute the amount of net ITC available with HappyHomes Ltd. for the month of April with necessary explanations
IDT 520
for the treatment of various items as per the provisions of
Compute the CGST and SGST or IGST payable, as the case may be, on the machinery purchased by PQR Ltd from L
IDT 224
Ltd along with explanatory notes.
Compute the GST liability of Bhagya Sugam Charitable Trust for the first quarter assuming that the above amounts
are exclusive of GST and rate of GST, wherever applicable, is 18%. Note: The rooms/ Kalyanamandapam/ halls/
IDT A.242
open space/ shops owned by the trust are located within the precincts of a religious place, meant for general
public, owned by the trust.
Compute the GST payable by Varsha Pvt. Ltd. for the given month. Assume the rates of GST to be as under: Hiring
IDT 1229
out of excavators – 12% Supply of manpower services and soil-testing and seismic evaluat
Compute the Input Tax credit admissible under GST law to IGT Private Ltd. in respect to various inputs purchased/
IDT 1002
input services availed during month of February, 2024.
IDT 819 Compute the net GST payable by the company during the tax period. Make suitable assumptions as required.
Compute the taxable value of televisions supplied by Saman Pvt. Ltd. to Shah Electronics during the quarters April-
IDT 1315
June and July-September assuming the rate of tax applicable on the televisions as 18%
Compute the value of CT scan machine for the purpose of levying customs duty as well as the customs duty and tax
IDT A.106
payable.
IDT A.238 Determine the assessable value of the machinery imported by BCPL.
determine the GST payable in cash of Supatra Foundation for the month of March, 2021 if rate of GST is 18%
IDT 522
assuming that the opening balance of ITC for relevant tax period is ` 30,00
IDT 962 Determine the maximum amount of Refund admissible to Sai Kripa International Ltd. for the given tax period.
determine the place of supply in respect of transactions involved in the work order delivered by SBL and also
IDT 1279
comment on the tax levy to be made f
IDT 1353 Determine the place of supply(ies) between Khwab Pharma Ltd., Rajratna Medicines and Saras Med Pvt. Ltd.
determine the value of supply for Stambh Forex Private Limited at the time of USD sold as well as purchased
IDT 496
to/from Mr. Prasidh, in terms of rule 32(2)(a) and rule 32(2)(b) o
IDT 782 Determine the value of taxable supply made by Total Tea Ltd to More Tea Ltd.
discuss from what sources CA Devanshi can obtain reliable audit evidence in respect of the export revenues
IDT 1399 particularly for the four export invoices of current year. How can she challenge management’s assertion regarding
the completeness of export revenues for the F.Y. 2023-24?
Discuss the taxability of Export transactions as are being planned by Mr. Rahul Dev to be carried out in near future
IDT 921
as told by him to CA Nitin Garg under the GST Law
DISCUSS whether there was any other legally permissible way to export its goods keeping in view provisions of GST
law assuming that there are no domestic sales. Also make a cross comparison of export on payment of IGST vs.
IDT A.739
other legally compliant way in terms of financial burden/benefit and procedural requirements to the taxpayer
company.
During the financial year 2019-20, HW Limited supplied tables and chairs to Mr. F. Determine the value of supply of
IDT 582
tables and chairs supplied by the company to Mr. F in the following situations as pe
Examine the applicability of GST in case of cash contribution made by the co-ventures in the JV and used it for
IDT 516
purchasing the machinery? Also, discuss in which scenario, GST would have been applicabl
Explain briefly the chief reasons on the basis of which the proper officer can raise doubts on the truth or accuracy
IDT 1404
of the declared value as happened in the case of MTL.
Explain how GST would be levied and what would be the nature of supply in case of import of the electronic chip to
IDT 971
be made by Whirlsonic Ltd.? Also examine, whether the view of the management of the c
Explain the circumstances when a supplier is required to seek registration under the Goods and Services Tax Act
IDT 128
2017 and can avail the benefit of Composition Scheme.
IDT 1404 Explain the rate of duty applicable for clearance for home consumption.
Explain with a reason what would be the place of supply regarding furniture manufactured and supplied by STYZ
IDT 615
Limited during the financial year 2019-20, in the following scenarios: (a) When furniture

Page 21
 From the inputs given in the Statement of Profit and Loss for the year ended March 31, 2019, prepare a Value
IDT 263
Added Statement for the year ended on that date. Also, show the reconciliation between tota
Given the increase in the price of the equipment between the date of contract and the date of actual importation,
IDT A.256 at what value should the imported equipment be assessed as per the Customs Act, 1962 and the relevant rules as
applicable.
Given the increase in the price of the equipment between the date of contract and the date of actual importation,
at what value should the imported equipment be assessed as per the Customs Act, 1962 and the relevant rules as
IDT A.256 applicable. (ii) What should be the treatment of the license and service fee that IWPL has to pay to the exporter
post importation? (iii) With reference to IWPL’s import of sensors from Watches Inc. the import price for each
sensor was reduced from $ 10 per unit to $ 8 per unit. The Department completed its
Historically, FIL had not exported through a merchant exporter." Explain the meaning of Merchant exporter. Under
IDT 6
what circumstances goods can be supplied to merchant exporter at concessional rate of G
How BFEs shall be dealt with under GST Act by Defence Innovators Ltd. in its books when it is certain that these
IDT 165
shall not be sent back to XYZ Pvt. Ltd. till the constructed ships are delivered? Expla
IDT A.997 How will the value of the supply of this drug intermediate be determined under GST law
IDT 792 Identify changes required in process and controls due to implementation of GST.
Identify whether the opinions formed by Mr. T and Mr. N w.r.t. maintenance of production records and accounts
IDT 1213
are correct or incorrect in the context of CGST Rules. Also give reason in order to explai
If a supply is exempted from tax according to relevant provisions of the CGST Act, 2017, the output suffers no tax,
IDT 689
however, the inputs and input services have suffered tax and since availment of tax
Instead of sending material for job work, if capital goods were sent to the job worker, would any GST liability arise
IDT 14
as on March 31, 2023? On what date goods will be deemed to be supplied in case of
IDT 579 Kindly explain the GST Provisions to M/s Dushyant & Co regarding payment made to Radheshyam Tiwari & Co.
Kindly tell Abbottt & Co, Radhika Drug and M/s Mahaveer Medical as to how to deal with the input tax credit by
IDT 1178
them in the month of May, 2022.
Mr Q, before accepting the appointment as a director, discussed with the Company about the implications of GST
IDT 70
on his appointment and emoluments. Explain if the services provided by the directors are
Mr. Arvind, asked the accountant to use Form GST PMT-09 for making a transfer from IGST head to respective
IDT 1353
CGST & SGST heads. Examine the said scenario.
Mr. X and Mr. Y had certain opinions on GST registration. (a) Is the opinion of Mr. X in this regard correct? Provide
IDT 571
proper explanation for your answer. (b) Are the thoughts of Mr. Y appropriate? Giv
Pass complete Journal entries at the time of initial recognition of transactions in the books which relate to TDS
IDT 1093
after the consideration of provisions or rules as the case may be whether of accountin
Purva Ltd. has approached the CA firm for seeking advice regarding the Order passed by the Joint commissioner on
IDT 1104
the 3 queries raised by its Board of Directors. Help Mr. B out by resolving all the que
Referring Para 5, determine the GST payable in cash of Supatra Foundation for the month of March, 2021 if rate of
IDT 522
GST is 18% assuming that the opening balance of ITC for relevant tax period is ` 30,00
Sahana wants to know if her Company missed some invoices while claiming GST ITC, till what time that ITC can be
IDT 58
claimed. She believes the same may be taken till filing GSTR 3B return for the month of
State whether Mano is a non-resident taxable person under the CGST Act, 2017. If so, the procedure to be
IDT A.982 complied in this regard. Also, explain whether the income earned by Mano is liable to income-tax in India and if so,
at what rate and how much tax will be deducted by Magic Limited
The buyer of goods are demanding credit of taxes paid by them while buying the goods from Rain wear & Co.
IDT 579
Kindly guide Rain wear & Co. as to what steps should be taken to resolve the issues of buyer.
The company has exported made ups of Rs 50 crores on payment of IGST during year 2023-24 carrying a GST rate
IDT A.739 of 5%. Further, the company had availed ITC of Rs 2.00 crore during year 2023-24. The details of same are as under:
Eligible ITC on inputs Rs 1.50 crore Eligible ITC on capital goods Rs 0.36 crore Eligible ITC on services Rs 0.14 crore
The company has exported made-ups on payment of IGST. Discuss whether there was any other legally permissible
IDT 868
way to export its goods keeping in view provisions of GST law. Also make a cross compariso
The company seeks your advice for computing the applicable import duties/taxes on the machine imported from
IDT 745
Iceberg Germany. The company also desires to know whether it can avail input tax credit of s
The company seeks your advice for computing the applicable import duties/taxes on the machine imported from
IDT 807
Iceberg Germany. The company also desires to know whether it can avail input tax credit of s
The GST team has pointed out that the company is required to reverse the ITC on common input services relating
IDT 847
to exempt supplies of duty credit scrips. What is your opinion on this issue considering
Under what circumstances Innovative papers limited is legally- entitled to the OST refunds and can also retain such
IDT 303
amounts without having the requirement to pass it on to anybody else
Under what circumstances IP limited is legally entitled to the GST refunds and can also retain such amounts
IDT 196
without having the requirement to pass it on to anybody else? Also brief about what are allo
IDT 711 What is the amount of input tax credit that can be taken for the month of May, 2020 by M/s Bishon Rainwear?
IDT 703 What is the value of supply of service rendered by IIMs chargeable under the GST Act?
IDT 703 What is the value of supply rendered to Glaxosd Ltd. by McLeod?
What shall be the consequences for the company in respect of amount of ` 25.00 crore stuck up with one of its
IDT 889
clients in an export trade for which duty draw back had been availed under Customs laws?
Page 22
 what shall be the place of supply and time of supply with respect to supply of steel TMT bars in an over
IDT 1033
dimensional cargo made by Aspan Ltd. to P
IDT 1033 what shall be the value of supply with respect to the supply made by Aspan Ltd. to PSU?
What should be the treatment of the license and service fee that IWPL has to pay to the exporter post
IDT A.256
importation?
IDT 1114 What should be the value of the taxable supply in case of goods sold by Sarvagya Ltd. to Maharaja Ltd.?
What should CA Om tell Mr. Rahul about the latter’s query about the GST implication with respect to place of
IDT 1252
supply? Also, what clarifications should CA Om give with respect to the prospective export
IDT 1071 what will be the consequence for non-issuance of e-way bill?
What would be the entitlement of input tax credit of CURE Pharma Pvt. Ltd. for month of December, 2017 under
IDT 675
the CGST Rules and also calculate the amount to be added to output tax liability of CURE Ph
When should Jain Sweets pay GST on the vouchers distributed to employees of Glaxosd Ltd. for the month of
IDT 703
August 2019 and when should Glaxosd Ltd. pay GST on advance received by them from Jain Sweets?
Whether any GST compliances are required to be made with respect to onIine digital assets purchased and on-line
IDT 160
services availed ? Also explain whether use of such online digital assets purchased and
IDT 1071 Whether e-way bill in respect of material sent to Raju in Haryana is required to be generated?
Whether stock transfers between Kirti Nagar factory and Chandni chowk showroom would be considered as supply
IDT 1193
in the light of GST provisions.
Whether the management’s understanding related to the transfer of solar panel to the company’s retail
IDT 932
showrooms, correct, in view of the GST law? Also determine the place of supply in case of services
Whether the rate of exchange on 1st September could be adopted for purpose of conversion of foreign currency
IDT 1404
into local currency?
With reference to information given in Para 4, discuss from what sources CA Devanshi can obtain reliable audit
IDT 1399 evidence in respect of the export revenues particularly for the four export invoices of current year. How can she
challenge management’s assertion regarding the completeness of export revenues for the F.Y. 2023-24?
With reference to IWPL’s import of sensors from Watches Inc. the import price for each sensor was reduced from $
IDT A.256
10 per unit to $ 8 per unit. The Department completed its
IDT 1071 With reference to last part of para no. (4), what will be the consequence for non-issuance of e-way bill?
With reference to Para (4), compute the amount of net ITC available with HappyHomes Ltd. for the month of April
IDT 520
with necessary explanations for the treatment of various items as per the provisions of
With reference to Para 3, determine the value of supply for Stambh Forex Private Limited at the time of USD sold
IDT 496
as well as purchased to/from Mr. Prasidh, in terms of rule 32(2)(a) and rule 32(2)(b) o
With reference to the information given under Para 1, determine the place of supply in respect of transactions
IDT 1279
involved in the work order delivered by SBL and also comment on the tax levy to be made f
With reference to the information given under Para 5, what shall be the place of supply and time of supply with
IDT 1033
respect to supply of steel TMT bars in an over dimensional cargo made by Aspan Ltd. to P
With reference to the information given under Para 5, what shall be the value of supply with respect to the supply
IDT 1033
made by Aspan Ltd. to PSU?
IDT 224 Work out the assessable value of the machine and customs duty payable by N Ltd. with appropriate working notes.
You are required to advice EcoTech Innovations Pvt. Ltd. on the concessions (if any) available for importation of the
machinery after repairs, also state the conditions to be satisfied for availing such concession. Also compute the
IDT A.688
customs duty and integrated tax payable (if any) on the re-import of the machine after repairs. The rate of basic
customs duty is 15% and integrated tax is 12%. Ignore Agriculture infrastructure and development cess.

Page 23
 Law
Sub Page Descriptive Question (Sorted A to Z)
Advise Mr A, Director of the Company SZ Ltd, on the matter with reference to the provisions of the Companies Act,
Law 820
2013, whether guarantee given by the company would be allowed
Law 1205 Advise Shashank (client 4) whether he can get Foreign Exchange and if so, under what condition(s)?
ADVISE the Board, keeping in view the provisions of the Companies Act, 2013, with respect to appointment of Mr.
Law 1334
Stephen.
Ahuja Designs Ltd., sets up its Indian Principal Place of business in New Delhi. It is required to deliver various
Law 644
documents to ROC under the provisions of the Companies Act,2013:
Law 819 Applying the provisions of the Companies Act, 2013, answer the following:
Are there any other options available Instead of Reverse Merger Option? If so, please explain the same with your
Law 447
rationale.
Based on the case study and the cited Companies Act, 2013 provisions cited, why was the demerger scheme
Law A.997
disapproved by the NCLT
Based on the information provided in first para on page 18 (of printed copy of Question Paper. “The terms of
Law 341
appointment of Mr. ‘A’ -------------- effective capital of the Company is ` 250 crores.”) a
Briefly describe the relevant provisions that would have been considered for the conduct of Board meeting through
Law A.714
video conference on 15th April, 2024 as Mr. Viper Armstrong attending it through such mode?
Briefly discuss the consequence of loan granted by Lion Private Limited to its director Santosh under the Companies
Law A.982
Act, 2013
Can Mr. Ashok be absolved of responsibility for actions taken prior to the acquisition solely because the company has
Law A.675
undergone a change in ownership or structure? COMMENT.
Certain matters have been highlighted in case study which may have ramifications for renewal of registration of trust
under the FCRA. At the time of applying for renewal of registration of a person under the FCRA, 2010, Central
Law 1390
Government is empowered to make inquiry in respect of wide range of matters. Discuss those matters. Do matters
highlighted in case study fall among such matters?
Law 231 Compute the effective capital for payment of managerial remuneration
compute the overall managerial remuneration payable under the provisions of Companies Act, 2013 subject to
Law 1071
provisions under Schedule V.
Considering the information given in Para (5), you are required to calculate the overall managerial remuneration
Law 520
payable under section 197 of the Companies Act, 2013 subject to the provisions under Sc
Describe in the light of provisions contained in the Companies Act, 2013, whether the proposal to appoint Mr. Brijesh
Law 1001
as a small shareholders’ director can be adopted by the company and also brief the
Law 491 discuss whether: (i) The company is bound to pay compensation to Mr. Himanshu and, if so, how much?
Draft a “Board Resolution” for charging Mr. W, Chief Accountant, with the duty of Compliance with the provisions of
Law 675
Companies Act, 2013 regarding books of accounts and Balance Sheet and Statement of P
Law 491 Draft a board resolution for appointment of Mr. Himanshu in Apsflon Limited.
Law 1033 examine how the scheme for amalgamation was approved by the required majority of members of Aspan Ltd.?
Law 675 Examine the validity of Chairman’s decision to adjourn the meeting
Law 298 examine the validity of the application filed by the Income Tax Assessing Officer before the NCLT.
Explain in brief but in sequential manner, various steps required to be taken by Telecom Inc. under the Companies
Law 148
Act, 2013 and the Foreign Exchange Management Act, 1999 before commencing its business
Explain the circumstances under which an arbitration agreement can be terminated. Will the Company be successful
Law 76
in invoking the arbitration clause against Humlog Private Ltd
Law 855 explain the manner in which VPL would have appointed Mr Divarkar and Mr. Devraj, respectively?
Explain the reasons for which a Managing Director or the whole time director may be denied the compensation for
Law 100
loss of office.
Explain what CA Mehta would have briefed to Mr. Somesh relating to the Risk Management Committee in terms of
Law 971
the LODR (Listing Obligations and Disclosure Requirements) Regulations?
explain what statutory requirements, Mr. Praveen would have explained to Mr. Devraj that would have made him
Law 855
change his contention?
Law 1334 FIND the maximum time period within which the proposed appointment of Mr. Stephen can be made in the company.
For shares issued during the year, whether the Company is required to submit any statement to Stock exchange under
Law 21
SEBI (LODR) Regulations 2015? Which authority of the Company should review those fili
Given the provided facts, if the transaction involving Connect XG's sale of spectrum to Moonlink Telecom had
Law A.44 occurred, comment on the legal position regarding such a transaction under the Insolvency and Bankruptcy Code
(IBC), 2016
If yes, state the documents CA Nitin Garg is required to furnish on behalf of the company, on the establishment of the
Law 921
office at Surat.
In case the AGM of the company is not held within the stipulated time, decide whether Mr. K who was appointed by
Law 820
the Board as additional director, for the first time, can continue to act as a director

Page 24
 In light of the tenets of corporate governance and shareholder rights enshrined in the Companies Act, 2013, evaluate
whether Aadhya Ltd.'s decision to deny Rajveer access to Vihaan's contract was justified. Substantiate your answer
Law A.722
with relevant provisions of the Act and principles of transparency and disclosure that a company like Aadhya Ltd.
should uphold.
In respect of the data given for M/s. Rubber Technologies and Solutions Limited (RTSL), analyse the borrowing powers
Law 664
of the Board, of Directors and the procedure to be followed by the Company in the l
Law 276 In respect of the data provided in para (h) above,
In respect of the information provided in point 3 above, examine whether the declaration submitted by Mr.
Law 291
Ramanthan to the Company is in order for his. appointment as an additional director w.e.f. 01.
In terms of case study given, explain whether the scheme got proper approval of the members or not. Also explain the
Law 118
procedure for compromise or arrangements with creditors or members as per the provi
In the case study given above the director Mr. W decided to resign from his office as a director of STYZ Limited. In
Law 615
such a scenario what are the duties or the responsibilities of each of the followin
In the context of the two loan proposals by K. Ahuja and Bharat Mehta, analyze the legal permissibility and conditions
Law A.722
under the Companies Act, 2013 for a company to grant such loans to its directors.
In the given case study, suppose the company earns huge profits and falls within the purview of section 135 of the
Law 745
Companies Act, 2013 and has to necessarily constitute the Corporate Social Responsibi
In the light of the certificate of compliance of conditions of Corporate Governance to be issued to a listed entity, give
Law 327
your comments/responses to the situations given in para (e) above.
In the light of the information given in summary of discussion 3 above, examine the validity of the application filed by
Law 298
the Income Tax Assessing Officer before the NCLT.
In this case the Articles of association of the Company has prescribed the maximum number of directors as 9.
Law 807
Suppose, the Board of Directors of the company proposes to increase the number of Directors
In view of reluctance of statutory auditor to attend the Audit Committee meeting in the given case study, you are
Law 88
required to comment on the Role of Auditor in Audit Committee. Also comment whether th
Jay feels it is not appropriate for Shahi to seek funds for election in such a manner. With reference to the Foreign
Law 76
Contribution (Regulation) Act, 2010, explain who are prohibited from taking any con
Law 639 List the provisions of the Companies Act, 2013 w.r.t. holding of Board Meetings by Haryali Pvt. Ltd.
Mr. A has approached you for advice regarding his concerns. He wants to know whether such forced acquisition of
Law A.71 shares in tenable under the law. He further wants to know whether he is approaching the right forum to raise his
concerns. Advise him on the said matter.
Mr. Amit Juneja wants to know from CA Parminder, the various modes of payment he can use, to make payment to
Law 908
Malta Constructions for importing “XALTI”. Also, he requests her to guide on the time-limit
Mr. Amit Juneja wants to know from CA Parminder, the various modes of payment he can use, to make payment to
Law 908
Malta Machineries for importing “XALTI”. Also, he requests her to guide on the time-limit f
Law 831 Mr. Christopher, a non-resident, is planning to sell his villa in Goa. Examine validity of transaction w.r.t FEMA, 1999.
Mr. Josch, the director of the company goes abroad for a period of more than 3 months and an alternate director ‘Mr.
Law 807
Neeraj’ has been appointed in his place. During the period of his absence, a board
On 19th October 2023 Mr. K.B. resigned after working about 45 days as a director. The Board wishes to fill up the said
Law 1334
vacancy by appointing Mr. Stephen in the capacity of independent director in the
On the basis of the facts and figures of "Status One Highway Limited" (SOHL) advise in respect of the following under
Law 230
the provisions of the Companies Act, 2013
PEL proposed to pay 5% of net profits as commission to its directors (other than managing and whole time directors).
Law 14
Comment whether PEL can pay such commission, as per the Companies Act, 2013.
Provide the priority order which Mr. C would have laid for distributing the proceeds w.r.t. Roy LLP as per the
Law 1104
provisions of the governing Code.
Referring Para 1, state whether the parties under the joint venture agreement will be able to refer the dispute, if any,
Law 516
to the arbitration considering the given scenario and the provisions of the Arb
Referring Para 2, discuss whether: (i) The company is bound to pay compensation to Mr. Himanshu and, if so, how
Law 491
much?
Regarding fIexi-deposit linked current account with various banks, the Management wants to present the book
Law 664
overdraft under current liabilities and flexi-deposits under cash & bank balances. What are
Sampad discussed with Apara and thought that it would be handy and easy to explain the clients the details of
Law 63
Liberalised Remittance Scheme (LRS), if they have standard document. Draft a note covering
Law 276 State how a qualified and an independent Audit Committee should be constituted?
State the type of arbitration agreement made between Vratam Ltd. and the other party. What will happen if the
Law 489
agreement does not have any clause relating to arbitration?
state whether the parties under the joint venture agreement will be able to refer the dispute, if any, to the arbitration
Law 516
considering the given scenario and the provisions of the Arb
The CFO believes that a loan to directors is prohibited under the Companies Act, 2013. Can M&A Private Ltd extend
Law 50
the proposed loan to Shyam? Comment
The company can recover the amount of 4 lakhs paid on the ground that Mr. Himanshu is not entitled to any
Law 491
compensation, because he is guided by corrupt practices.
Law 1033 to what amount of compensation, Mr. Rohit will be eligible to get from Aspan Ltd.?
Page 25
Law 231 Validity of the appointment of Mr. 'X' as Whole Time Director
What are the compliances which XYZ Limited, must have taken to comply with the provisions of the Companies Act,
Law 154
2013 for entering into an agreement for contract manufacturing for CDE Limited?
What are the formalities under the Foreign Exchange Management Act, 1999 for setting up a jointly controlled entity
Law 136
abroad?
Law 298 What is the maximum salary that. could be offered to Mr. Ravi to tum around the loss making Associate Company ?
What is the process of acquiring of shares of an existing company abroad under the Foreign Exchange Management
Law 136
Act, 1999?
What is your assessment of Kumar's view as regards the ability of the courts under the Companies Act, 2013 to
Law 308
interfere with the internal management of companies acting within their powers
what is your view with regard to the stand taken by NCLT in admitting the application of GL for initiating insolvency
Law 246
proceedin
what kind of factors might be there that would have indicated existence of certain transactions entered into by YPL
Law 1137
for which Mr. Kailash was requ
What will be your answer in case at the adjourned meeting, the resolutions for re-appointment of these directors
Law 932
were lost?
what would be his residential status under the Foreign Exchange Management Act, 1999 during the Financial Years
Law 466
2022-23 and 2023-24?
Law 819 Whether Mr. K’s appointment as additional director by the Board of Directors is valid
Law 932 Whether such directors can continue in case the directors do not call the Annual General Meeting?
Whether the branch office of the Alpha Units LLC set up in Surat will be considered as a company incorporated
Law 921
outside India
Whether the Company’s Annual General Meeting can appoint Mr. K as the additional director when the proposal to
Law 819
appoint comes before the meeting for the first time?
Whether the present constitution of the Audit Committee can continue post listing of its securities in the Stock
Law 276
Exchange
Law 932 Whether the retiring directors shall be deemed to have been re-appointed at the adjourned meeting?
Whether there were any restrictions for GreenWave Ltd. to sell its machinery to Mr. Arjun in exchange for a vehicle
Law A.688
and if yes, then what legal requirements would have been followed by it?
whether there were any restrictions for VPL to sale its machinery to Mr. Devraj in exchange of a vehicle and if yes,
Law 855
then what legal requirements
Who are the stakeholders impacted because of the Reverse Merger proposal to whom the required notices have to
Law 447
be sent/consent to be taken before the sanctioning of the Scheme?
With reference to information given under Para 3, you are required to examine with reference to the provisions of the
Law 468
Companies Act, 2013 the validity of the such proposals?
With reference to information given under Para 6, what would be his residential status under the Foreign Exchange
Law 466
Management Act, 1999 during the Financial Years 2022-23 and 2023-24?
With reference to para no. (2), compute the overall managerial remuneration payable under the provisions of
Law 1071
Companies Act, 2013 subject to provisions under Schedule V.
With reference to the information given under Para 2, examine how the scheme for amalgamation was approved by
Law 1033
the required majority of members of Aspan Ltd.?
With reference to the information given under Para 2, explain the manner in which VPL would have appointed Mr
Law 855
Divarkar and Mr. Devraj, respectively?
With reference to the information given under Para 2, what kind of factors might be there that would have indicated
Law 1137
existence of certain transactions entered into by YPL for which Mr. Kailash was requ
With reference to the information given under Para 2, whether there were any restrictions for VPL to sale its
Law 855
machinery to Mr. Devraj in exchange of a vehicle and if yes, then what legal requirements
With reference to the information given under Para 3, explain what statutory requirements, Mr. Praveen would have
Law 855
explained to Mr. Devraj that would have made him change his contention?
With reference to the information given under Para 3, to what amount of compensation, Mr. Rohit will be eligible to
Law 1033
get from Aspan Ltd.?
With reference to the inputs provided in the Gist of Discussion-3 above, what is your view with regard to the stand
Law 246
taken by NCLT in admitting the application of GL for initiating insolvency proceedin
With the reference to the decision to acquire P B Private Limited by T limited, discuss the powers to acquire shares of
Law 196
Shareholders dissenting from scheme or contract approved by Majority and also di
you are required to calculate the overall managerial remuneration payable under section 197 of the Companies Act,
Law 520
2013 subject to the provisions under Sc
you are required to examine with reference to the provisions of the Companies Act, 2013 the validity of the such
Law 468
proposals?

Page 26
 Strategic Cost & performance management (SCPM)
Sub Page Descriptive Question (Sorted A to Z)
A delivery van of the kind the company uses for supplying its finished goods to two companies currently, is
SCPM 568
available at a finance cost of 8% p.a. for a price of Rs. 6 Lacs to be repaid over 4 years.
A third customer and a couple of others are in the pipeline and due for conversion any time soon. The
SCPM 568
management wants to know the customer-level profitability of Tada Motors and Force Motors so that
ADVISE on the lean management philosophy that R. Venkatesh can implement to address the issue of unexpected
SCPM A.988
breakdown of trucks.
Analyse the impact on BEP (units per month) and profits per month when the batch size of manufacturing
SCPM A.127
children’s steer support increases from 25 units to 100 units per batch.
ANALYSE, with reasons, the changes, if any, to the unit selling price and the unit production (development) cost
SCPM A.714 that could occur when NOX-A moves from the previous stage into each of the following stages of its life cycle in the
context of the online gaming industry: (i) Growth (ii) Maturity
ANALYZE and EVALUATE how SG's approach to product differentiation contributes to its competitive advantage in
SCPM A.16
the fast fashion industry
SCPM 192 analyze the proposal and suggest if it would be beneficial for the Company to implement it
As a management accountant, please analyze the scenario with respect to the inter department transfer from
SCPM A.66
Division A to Division B, for the following
As a management accountant, please analyze the scenario with respect to the inter department transfer from
Division A to Division B, for the following: 1.Calculate the internal transfer price based on full cost plus 1% mark up.
SCPM A.66
2.Discuss the pros and cons of the current transfer pricing methodology. 3. Should the management permit
Division B to procure chemical vials from the external vendor?
SCPM 1365 Assess each of the hard and soft elements based on the McKinsey 7s Framework.
Assess the competitive environment in the segment of the fashion industry in which Becky Bond operates using
SCPM A.29
Porter’s Five Forces model.
B3D wants to ensure that its business model has a competitive advantage over its rivals. DEVELOP Osterwalder’s
SCPM A.261
Business Model Canvas to help the management understand the key elements of its business model
Based on the costing related information provided by Mr. Abhinandanan, Manager (Finance) as above, examine
SCPM 353
the new quality control proposal and recommend the acceptance or otherwise of the proposal bo
Based on the scenario, how did Caber address customer pains and generate gains, and what specific strategies and
SCPM A.8 features did it implement to enhance the overall customer experience and contribute to social and environmental
benefits? DISCUSS
SCPM A.988 Briefly assess how measures (g) and (h) impact business
By using Marginal Costing approach, reconcile the budgeted profit and the actual profit and also provide a
SCPM 262
statement of reconciliation
SCPM 1082 Calculate the commission to be paid by Aakashvani to its respective travel agents for FY 2022-2023.
SCPM 192 Calculate the current cost and profit per unit and identify the non-value added activities in the production process
Calculate the customer lifetime value per subscriber. Given that PVIFA of ₹ 1 for 4 years at 10% = 3.169 and PVIFA
SCPM A.106
of ₹ 1 for 2 years at 10% = 1.735.
Calculate the following in respect of Budget : (i) The Production Budget for the month of May 2017 (in quantity) (5
SCPM 782
Marks) (ii) the Raw Material Purchase Budget for May 2017 (in quantity)
Calculate the following: (a) Availability ratio (b) Performance ratio (c) Quality ratio (d) Overall Equipment
SCPM A.256
Effectiveness (OEE)
Calculate the following: (a) Availability ratio (b) Performance ratio (c) Quality ratio (d) Overall Equipment
SCPM A.256
Effectiveness (OEE) How can OEE be used to improve performance measurement in Total Productive Maintenance
Calculate the impact of your plan in improving the profitability of IECL Limited and the key considerations that
SCPM 670
need to be factored by the management before implementation of the same.
SCPM A.66 Calculate the internal transfer price based on full cost plus 1% mark up.
SCPM 192 Calculate the new target cost per unit for a sales price of ` 675 if the profit per unit is maintained.
CALCULATE the optimum (profit-maximizing) selling price for Rifmn and the resulting annual profit which Suraj
SCPM A.997
Pharma will make from charging this price. RECOMMEND the pricing strategy for launching of new antiviral drug
Calculate the revenue receivable for FY 2022-23 of Aakashvani, from the packages subscribed by customers as per
SCPM 1082
its revenue model.
Classify the operational level (measures a to f) into Quality, Delivery, Cycle Time and Waste metrics. Also link them
SCPM A.988
to the Level 3 measures of Customer Satisfaction and Productivity
SCPM 170 compute a Cost and Price Statement, indicating the price that should be quoted to the customer
compute the cost of the inventory? Substantiate your answer with appropriate reasons and calculations, wherever
SCPM 1358
required.
CONSTRUCT a Balanced Scorecard table for KG Airlines, identifying two goals along with corresponding
SCPM 1334
performance measures for each perspective. EVALUATE the relevance of these goals and performance me
SCPM 727 Critically ANALYZE this statement and ILLUSTRATE whether it is always true.
SCPM A.988 DISCUSS how the recommended lean management philosophy aligns with and supports the objectives of TQM

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 DISCUSS how the strategic acquisition of a state-of-the-art building from P Ltd. will provide A Ltd. with a
SCPM A.697
competitive advantage in the hospitality industry.
SCPM A.66 Discuss the pros and cons of the current transfer pricing methodology
SCPM A.8 DRAW a business model canvas for Caber.
SCPM A.681 DRAW a Business Model Canvas of Doormato
EVALUATE the intricate value chain of R & R, focusing on the production, acquisition, distribution, and exhibition of
SCPM A.669 movies. DISCUSS the operational challenges in each stage and how they affect the company's efficiency and overall
success.
EVALUATE the supply chain of Becky Bond, identifying its current weaknesses and suggesting ways to overcome
SCPM A.29
them.
SCPM A.706 EVALUATE the supply chain of SarTaj, identifying its current weaknesses and recommendations to overcome them.
SCPM A.127 Explain How can the number of set-ups and cost of each set-up impact flexibility of the milling machine?
SCPM 112 Explain profit sharing plan, as performance management tool and group incentive plan.
Find the break-even point per month and profit per month under the traditional CVP method and the Activity
SCPM A.127
Based CVP method when the batch size of manufacturing children’s steer support is 25 units per batch.
Find the break-even point per month and profit per month under the traditional CVP method and the Activity
Based CVP method when the batch size of manufacturing children’s steer support is 25 units per batch. (ii)Analyse
SCPM A.127 the impact on BEP (units per month) and profits per month when the batch size of manufacturing children’s steer
support increases from 25 units to 100 units per batch. (iii)Explain How can the number of set-ups and cost of each
set-up impact flexibility of the milling machine?
For each division of Q Ltd., COMPUTE, ROI for the year ending 31 March 2024. JUSTIFY the figures used in your
calculation also COMPUTE bonus of each manager for the year ended 31 March 2024. DISCUSS whether ROI
SCPM A.697
provides a justifiable basis for computing the bonuses of managers and the problems arising from its use at Q Ltd.
for the year ended 31 March 2024.
Fresh Foods is in the service industry, where it is essential to link strategy to the management of human resources.
The partners would like to have a framework based on the Building Block model to assess performance
SCPM 1395
management. Using performance management system as proposed by the model EVALUATE the following
questions:
SCPM 192 Gee Industries Limited,
SCPM 807 Give your views on the approach of Josch to diversify to printing business?
SCPM 744 Give your views on the approach of Raman Bal to diversify to printing business?
Given the context, IDENTIFY and APPLY the business strategic framework applicable to PurchaseOnn.com that
SCPM A.99 effectively manages its resources, aligns its activities with customer needs, generates value for both customers and
stakeholders, and positions the company for continued growth and success in the dynamic global marketplace.
How can Fastest Finger Limited (FFL) realign its strategic direction and address internal conflicts APPLYING
SCPM A.714 McKinsey's 7S Framework to drive innovation, enhance compliance, and secure its competitive position in the
gaming industry?
How can IndyaDekho effectively implement Total Quality Management (TQM) to enhance service quality and
ensure long-term business sustainability, considering the 6Cs of TQM—Commitment, Culture, Continuous
Improvement, Cooperation, Customer Focus, and Control, especially in light of the diverse viewpoints expressed in
SCPM A.1004 the minutes of the 59th Board Meeting held on 31st May 20X4, where the Independent Director emphasized the
widespread acceptance of quality management, the Managing Director expressed concerns about its applicability
and financial impact on the service industry, and the CEO highlighted the need for a tailored approach and
objective evaluation of the company's internal and external environment
SCPM A.256 How can OEE be used to improve performance measurement in Total Productive Maintenance
SCPM A.247 How can the CFO’s suggestions be categorized according to TBL framework? Also give justification
How did Caber address customer pains and generate gains, and what specific strategies and features did it
SCPM A.8 implement to enhance the overall customer experience and contribute to social and environmental benefits?
DISCUSS
SCPM 1395 How to set the standards (benchmarks) for the dimensions determined for Fresh Foods?
SCPM A.988 IDENTIFY the error in R. Venkatesh’s current management of operations by implementing TQM
Identify the Level 1 – Corporate Vision and Level 2 – Market and Financial measures that the company plans to
SCPM A.988 follow to sustain business. Briefly explain the rationale of the decisions taken at the Market and Financial business
unit level.
If the firm wants to achieve break even in the first year of operation, what would be break-even no. of farmers
SCPM 634
subscribing to the App? Assume that each farmer will buy 10 numbers of only the 2-test p
In the light of the inputs given above in Discussion 2, compute a Cost and Price Statement, indicating the price that
SCPM 170
should be quoted to the customer
Namira has been asked to prepare an environmental report under the government’s new environmental policy.
SCPM 807
Identify factors of environmental costs to be included in environmental report.
One of the Marketing Managers believes that a product can also be sold below marginal cost. Is his view
SCPM 6
appropriate? Indicate the situations where pricing below marginal cost can be adopted.
One of the suggestions given was that packaging tea into smaller packets increases the cost. Packaging is not really
SCPM 731
adding value to the company. Instead of having smaller packages, why not have one l
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 Perform Pareto Analysis of total cyber incidents and the type of data leakage using the above and provide
SCPM A.273
recommendations to the management of the Company.
Prepare a Buildup statement of Operating Income of Quick & Qual Sys by taking 2017 as a base and arrive at 2018
SCPM 399
operating income by deriving the extent of change in operating income from 2017 to 2018
Prepare an Application Statement of the Value added by IECL for the years ended 31st March, 2018 and 31st
SCPM 670
March, 2017 and provide a reconciliation of value added with Profit before tax for the YE 31st
SCPM 731 Provide a critical ANALYSIS of the difference in profitability of each customer.
SCPM 313 Provide your inputs in evaluating the outsourcing proposal of Guru duly considering its pros and cons
Ramnik requests you to: (i) Compute the incremental cost of Greenly Ltd. which may be taken as a base for quoting
SCPM 63
the minimum price per suit. (ii) Indicate the aspects to be considered for making lowe
RECOMMEND how aligning actions and decisions with each element of the McKinsey 7S model can help RISI
SCPM A.217 Limited enhance organizational effectiveness, resilience, and long-term sustainability in the healthcare industry
while addressing potential inefficiencies and challenges?
RECOMMEND the strategic measures L & V LLP can implement to enhance the profitability and competitiveness of
SCPM A.732 its bookkeeping division, considering internal inefficiencies, external market challenges, and the establishment of a
Centre of Excellence.
Select the highest rank product for KLM Private Limited by computing 'product return per minute'. Also, calculate
SCPM A.966
Throughput Accounting (TA) ratio to state your conclusion.
SCPM A.66 Should the management permit Division B to procure chemical vials from the external vendor?
Since you have studied different methods of pricing as part of your CA course, you are confident of advising your
SCPM 585
client on value-based pricing instead of digging-up the cost factors from the scratch.
SCPM A.988 SUGGEST a few financial and non-financial considerations arising due to frequent breakdown of trucks
Sulekha has been asked to prepare an environmental report under the government’s new environmental policy.
SCPM 744
Identify factors of environmental costs to be included in environmental report.
The directors are obsessed with the thought that in-house manufacturing will reduce the overall cost of the
SCPM 585
product on per unit basis. At the same time, they are unsure about the demand that will meet
The management wishes to link business strategy with the day-to-day operations of the business. As a
SCPM A.988 management consultant for the company, you plan to present the above information APPLYING the Performance
Pyramid model suggested by Lynch and Cross
Using Porter’s Five Forces framework, ANALYZE how intense competitive rivalry and the high bargaining power of
SCPM A.44
buyers in the telecommunications market contributed to the decline of CI.
What are the characteristics of rewards system needed to motivate employees to achieve the standards
SCPM 1395
determined for Fresh Foods?
What dimensions of performance should Fresh Food measure? Dimensions are the goals that the firm wants to
SCPM 1395
achieve based on its overall strategy, those goals that define its success
SCPM 731 What is the rationale behind adopting the new distribution channel of doing business directly with SGSs? ANALYSE.
Whether the current practice of procuring the component from third party vendor is better than in -house
SCPM 568
production of the component to be used in the company’s products, in financial terms? Evaluate.
With reference to the information given in Para 8, compute the cost of the inventory? Substantiate your answer
SCPM 1358
with appropriate reasons and calculations, wherever required.
SCPM 192 With reference to the inputs given for El Gee Industries Limited,
With reference to the inputs given for KG Limited above, analyze the proposal and suggest if it would be beneficial
SCPM 192
for the Company to implement it
With reference to Well-Well Outlet, calculate the customer lifetime value per subscriber. Given that PVIFA of ₹ 1
SCPM A.106
for 4 years at 10% = 3.169 and PVIFA of ₹ 1 for 2 years at 10% = 1.735.
Write a brief note addressed to the senior management, ADVISE critical points that need to be attended to in
SCPM 725
order to resolve this issue.
X’ and ‘Y’ are two Prime Customers of Haryali Pvt. Ltd. who purchase a special category of Plant Saplings from the
SCPM 639
Company to distribute in various societies of the city under ‘Green India Initiative’
You are being the Deputy Manager (Finance & Strategy) at RTL, have been requested to provide your explanation
SCPM 719
behind the rationale behind this business decision taken in the mid-1980s. Also, based on
SCPM A.252 You are required to analyse the retail tea and snacks industry using Porter’s five forces.
You are required to reconcile the budgeted profit and the actual profit through marginal costing approach and
SCPM 670
provide a statement of reconciliation
You have been requested to ADVISE ways to reduce the collection period from the current average of 50 days to
SCPM 726
30 days without creating any acrimony with distributors.

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