Question
As per Schedule in of the Companies Act, 2013, a Company
shall disclose by way of notes additional information regarding aggregate expenditure and income in relation to any item of income or expenditure which exceeds:Solution
As per Schedule III of the Companies Act, 2013, companies are required to disclose, by way of notes, additional information regarding any item of income or expenditure that exceeds 1% of the revenue from operations or 1,00,000, whichever is higher. This additional information is essential for providing more detailed insights into the financial statements.
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?
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