CA Final Integrated Business Solutions (Multidisciplinary Case Study) MTP May 2024: Question Paper and Solutions

How to Prepare for CA Final Integrated Business Solutions (Multidisciplinary Case Study)

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47 indexed questions. Open a question to read its full statement and available answer.

1. Para 1 Mr. Harsh Chawda, is a practising Chartered Accountant, resident of Pune. The marriage of his daughter, Seema Chawda, has been finalized with…
2. Which project would have been recommended by Mr. Harsh? Explain whether his opinion will change, if coefficient of variation is used as a measure of…
3. Suppose if Mr. Harsh has been asked to suggest approaches that may be used while appraising the project under inflationary conditions. Explain these…
4. Comment whether the entity would require to recognize any liability in respect of leaves.
5. State how the benefit to be attributed for the employee service for the last 20 years, 10 and 20 years and within 10 years, be measured.
6. With respect to information given in Para 7, examine whether the action of the Commissioner in case of Khwab Pharma Ltd.is justified as to the…
7. Determine the place of supply(ies) between Khwab Pharma Ltd., Rajratna Medicines and Saras Med Pvt. Ltd.
8. Mr. Arvind, asked the accountant to use Form GST PMT-09 for making a transfer from IGST head to respective CGST & SGST heads. Examine the said…
9. Para 1 YK & Associates is a reputable firm of Chartered Accountants, with its headquarters situated in the vibrant city of Jaipur, Rajasthan.…
10. Calculate the NAV per unit of the Scheme Purnarth
11. Explain any three advantages as well as drawbacks of investing in Mutual Funds as would have been narrated by Mr. Yashdeep.
12. With reference to the information given in Para 7, provide some illustrative steps for performing audit of the blockchain-based system.
13. With reference to the information given in Para 8, compute the cost of the inventory? Substantiate your answer with appropriate reasons and…
14. Anupama Hotels Ltd. operating an all category resort – “THE VILLAS” which is a famous Vacation Property located in the Hills of Shivalik and the…
15. Calculate the gain or loss, Kavya Hotels Ltd. will make on acquisition of Anupama Hotels Ltd., if their deal is finalised. Also show the Journal…
16. “Auditors are required to assess the risks of material misstatement at two levels". Briefly explain the same and state the procedures to be followed…
17. With the help of data provided by the Head Accountant of Kavya Hotels Ltd. and the following additional information, compute profits and gains of…
18. CA Parminder Kaur who qualified as a Chartered Accountant 3 years back has set up her own Practice in Jalandhar, Punjab. Her major expertise is in…
19. Mr. Amit Juneja wants to know from CA Parminder, the various modes of payment he can use, to make payment to Malta Machineries for importing…
20. Can INR be presumed as the Functional Currency for SIMCO?
21. Determine the residential status of Raj Pharma AG for A.Y.2024-25, as per the Indian Income tax law.
22. Background for establishment of Thunderbolt Airlines Private Limited (TAPL). Avian Airlines Inc. is a renowned airline company with a global…
23. AAI plans to enter into a joint venture with PGL from 1st April, 2024. TAPL is new vehicle for this purpose. What role internal audit function can…
24. Assess each of the hard and soft elements based on the McKinsey 7s Framework.
25. Non-governmental organizations (NGOs) are non-profit entities working independent of government. UN Department of Global Communications defines an…
26. 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…
27. On the basis of overall description of case study, what factors should be considered by CA Madhusudan while assessing audit risk of DBS Trust during…
28. Assume that during course of audit, CA Madhusudan suspects that there may be non-compliance by NGO in relation to some aspects of FCRA, 2010. How he…
29. What should be proper advice of CA Madhusudan to Mr. Z regarding implications of proposed sale of a capital asset and acquisition of another capital…
30. Fresh Foods is a popular fast food joint in Bangalore. It was formed by the partnership of 3 friends Ajay, Biren and Chand. Ajay and Biren are…
31. Calculate the book profit of the partnership for the purpose of calculation of allowable deduction for salary paid to partners as per the Income Tax…
32. Allowable deduction for salary paid to partners the assessment year 2024-25.
33. 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…
34. Para 1 Established in 2003, RP Ltd. (RPL), based in Tirupur, Tamil Nadu, India, has established a foothold for itself as a prominent manufacturer,…
35. With respect to information given in Para 2, analyse and state how the revenue should be recognised in respect of sale of T-shirts by RPL to JML.
36. With reference to information given in Para 4, discuss from what sources CA Devanshi can obtain reliable audit evidence in respect of the export…
37. With respect to information given in Para 5, (i) Calculate the expected loss, if the hedging is not done. How the position will change, if the firm…
38. Para A In the bustling heart of Kolkata, West Bengal, lies Mantrupti Ltd. (MTL), a listed public company established in 1994. They have secured a…
39. Explain the rate of duty applicable for clearance for home consumption.
40. Whether the rate of exchange on 1st September could be adopted for purpose of conversion of foreign currency into local currency?
41. Explain briefly the chief reasons on the basis of which the proper officer can raise doubts on the truth or accuracy of the declared value as…
42. With reference to information given in Para D, analyse the issues involved and give your views as to whether or not the auditor, DRT & Co., could…
43. With reference to information given in Para E, examine the correctness of the action of Assessing Officer in respect of the interest expenditure…
44. Subham Ltd., incorporated in 1999, is a public unlisted company headquartered in Surat, Gujarat, India. It has carved a niche for itself in the…
45. With respect to information given in Issue 1, discuss the potential ethical conflicts which may arise in respect of the lease arrangement and the…
46. With respect to information given in Issue 4, compute the deduction available to Ms. Disha under appropriate provisions of the Income-tax, 1961 for…
47. With respect to information given in Issue 4, examine the obligation of Subham Ltd. to deduct tax at source while paying/ crediting salary to Ms.…