CS Professional CMADD case studies
CS Professional CMADD · Put your knowledge to work in context.
The CS Professional programme is the advanced stage of the Company Secretary qualification awarded by the Institute of Company Secretaries of India (ICSI). The CMADD module - Corporate and Management Accounting, Direct Tax Laws and Practice, Corporate Financial Reporting, Indirect Tax Laws and Practice, and Strategic Cost Management - sits at the intersection of accounting, tax and strategy. The CS Professional CMADD case studies are 5 cases and about 4,104 words.
1Machine-hour constraint, export order and product discontinuance
Zenith Components Ltd makes three components on a single CNC machine available for 60,000 machine hours a year. Product X sells for ₹1,200, has variable cost ₹720 and uses 4 hours; annual demand is 6,000 units.
756 words, about 4 min2Scrutiny adjustments, section 79 and TDS default
Meridian Polymers Pvt Ltd, a domestic company, filed its return for AY 2025-26 showing total income of ₹1.20 crore under the normal provisions. The assessing officer's draft scrutiny notice raises five items.
963 words, about 5 min3Revenue recognition for a software licence, customisation and support bundle
Orion Tech Solutions Ltd signs a ₹12 crore contract with a customer on 1 April 2024. The contract covers three deliverables: an on-premise software licence, implementation and customisation services, and three years of post-contract support.
672 words, about 3 min4Input tax credit, blocked credits and supplier non-compliance
Sundaram Precision Ltd, a Gujarat manufacturer, supplies taxable auto components and also trades in exempt agricultural produce. For October 2024 its records show: common input tax credit on raw materials and input services of ₹13.80 lakh (CGST plus SGST); credit of ₹12 lakh on plant and machinery used exclusively in the taxable unit; ₹18 lakh on construction of a new administrative building on its own account; ₹3.50 lakh on a seven-seater Innova used by the managing director; ₹1.20 lakh on group health insurance for employees, which is not statutorily required; ₹2 lakh on an invoice from a supplier who has not filed GSTR-1 for two months; and ₹5 lakh on an invoice dated 15 March 2024, received and recorded on 10 October 2024.
820 words, about 4 min5Transfer pricing, idle capacity and divisional performance measurement
Division A of Arjun Industries makes component P. Its capacity is 50,000 units a year; variable cost is ₹600 a unit and annual fixed cost is ₹80 lakh.
893 words, about 4 min