Question
An internal aid that may be added to include something
within a Section or to exclude something from it is known as ___________.Solution
A proviso is a clause which is added to the statute to accept something from enacting clause or to limit its applicability. As such, the function of a proviso is to qualify something or to exclude, something from what is provided in the enactment which, but for proviso, would be within the purview of enactment.
Which of the following statement is incorrect?
Which one of the following is a deferred tax asset?
Which of the following statements are true or false?
Statement 1: Management of cash means management of cash inflow.
Statement 2: Cash ma...
Appointment of the first auditor of a government company shall be made by the ______ within ______ of registration of the company.
ABC Ltd. incurs direct material cost ₹8,00,000, direct labour ₹5,00,000, and factory overheads 60% of direct labour. Administration overheads are �...
Which of the followings is a valuation principal?
A Ltd owns land and building which are carried in its balance sheet at an aggregate carrying amount of 10 million. The fair value of such asset is 15 mi...
As per the Companies Act, 2013, the financial statements of a company include:
In relation to Accounting for Investments, which of the following statements is/are correct?
Statement-1: The carrying amount for long-term inves...
As per the Union Budget 2025–26, what is the target for the new Asset Monetization Plan for the period 2025–30?
