Question
For calculation of House Rent Allowance under Section
10(13A), the salary is to be considered the following, EXCEPT:Solution
Conveyance Allowance is not directly related to HRA calculations. The key components for HRA calculation are the basic salary and any dearness allowance that is considered part of retirement benefits.
A company took a term loan of Rs.50 lakh from the bank in December 2025. If the loan has to be repaid in 5 equal yearly instalments starting from Decemb...
GB Ltd is preparing its Cash Flow Statement. Which of the following will be recorded under the investing activity?
Which of the following is likely to increase the trade receivables collection period?
Use Direct method to calculate the net cash from operations of the company given the following transactions?
Sales in the year: ₹6,50,000
Given: Net Profit ₹4,00,000; Tax Rate 30%; Equity Share Capital ₹10,00,000 (Face Value ₹10). The Return on Equity (ROE) is:
If net income is ₹10 lakh and number of equity shares is 2 lakh, what is the EPS?
If share capital is ₹10 lakh, reserves ₹5 lakh, and accumulated losses ₹3 lakh, Deffered tax liabilities are ₹1 lakh, provision for gratuity is ...
Which of the following is not a source of funds for a company?
Which of the following is correct about the liquidity position of a company whose current ratio is 2.5, and quick ratio is only 0.9?
A company has a Debt-to-Equity ratio of 2:1. It purchases a new plant for ₹5,00,000, financing it entirely by taking a long-term loan. What will be th...
