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The revenue expenditure is the expenditure incurred in the day-to-day operations of a business that is expensed immediately and is not related to acquiring capital assets or investments. Among the options provided, the transaction that represents revenue expenditure is ‘Annual repair charge on a machine ₹10,000’. The annual repair charge is a regular expense incurred to maintain and repair a machine. It is a revenue expenditure because it is necessary to keep the machine in working condition and does not result in the acquisition of a new asset or an improvement to an existing asset. The other options represent capital expenditures.
Which section of the Indian Evidence Act states that admission may n estop?
A man is said to commit rape on a woman if he has sexual intercourse with her with or without her consent, if her age is below years
What does ‘R’ in SARFAESI stands for?
Company should file a prospectus in case of conversion of private company into a public company with in __________ from the date of resolution
Under the Motor Vehicles Act no appeal shall lie against any award of a Claims Tribunal if the amount in dispute in the appeal is ______________
In N.P. Thirugnanam v.Dr. R.J. Mohan Rao the Court was of the view that____________
Prescribed period of Limitation is:
Managing director will be counted as _____________ while calculating the maximum limit of managerial remuneration in case of private company.
As per the Sale of Goods Act, the term "fault" is defined as:
As per provisions of CPC, the statement given by a judge is ______?