Sir
"Consider a portfolio of consisting of a Rs. 20000000 investment in share XYZ and Rs. 20000000 investment in share ABC.The daily standard deviation of both shares are 1% and the coefficient of correlation between them is 0.3.you are required to the 10 day 99% value at risk for the portfolio."

This is the question in AFM ICAI Study material.
in that answer given directly which is not getting understand by me.

Hence it is requested any one pl. explain the answer in simple terms.

Thanking you sir.

pl help me

Hello Experts..

Just want to confirm the time limit for e-verification.
Whether the 30 days time limit is including or excluding the date of ITR filing

Thanks in advance

I have Purchased a property worth Rs. 2 crores. jointly with my father, and i have registered a agreement to sell on 09.06.2023 with advance amount of Rs. 20lacs and there t deducting TDS @ 1% on same Date.
But the property was going to be registered on 04.09.2023, i have deducted TDS @ 1% on balance Rs. 1.80 crore. on 21.08.2023 on the assumption that the seller pan is linked to aadhar but the seller is non filing assess and has not linked PAN with AADHAR.
i had Received a notice from TDS Department on 23.08.2023 that i have to deduct 20% TDS ob Balance Rs. 1.80 crore.
Now on 29.08.2023 seller AAdhar PAN is Linked.
can approach AO for same as PAN is linked and Plese wavie 20% as i Have already Paid 1% TDS On Sale of Immovable Property.

Please Reply at the earliest with best solution

Needed to know if there is a property tax exemption / concession for apartments in Mumbai whose area is in the range of 500 sq feet to 700 sq feet Carpet area. I understand that there was a plan to have 60% tax concession given to such apartments, however need to understand if this has been implemented.

A partnership firm wants to sell some of fixed assets like AC, Furniture etc to one of its partners
Partner will pay for this sale to partnership firm
Assets were purchased by the firm when they were not registered under GST and they have not taken GST input credit

Whether on this sale of assets Partnership Firm needs to charge GST to Partner ?

Whether Financial Statements of Non-Corporate Entitles are required to be prepared as Schedule III format while attaching financial documents along with Audit report under section 44AB?

How many employees required to get registration for Corporate NPS ??
What is the procedure for Corporate NPS Registration

We had supply material through Transport but on the way it got accident now what is procedure of paper work to return back material who will make Eway bill pls guide

Sir,

I have Short term Capita gain from Mutual fund so during filling ITR-2 i have to selected only Capita gain schedule 111A short term or can i need to selected schedule 112A long term Capital grain also

Please advise

Dear Experts

Kindly let me know what's the meaning of DELETION of Asset while preparing DEPRECIATION SCHEDULE as per Companies Act 2013

Also whether when the useful life of Asset gets over & Carrying value of such Asset will come under Deletion of Asset ?? or it can be taken to Reserves & Surplus

Thanks in Advance