Question
In the context of ICDS V, which category of assets does
this standard specifically address?Solution
The Income Computation and Disclosure Standard V is a set of accounting standards issued by the Central Board of Direct Taxes (CBDT) in India. These standards aim to provide a consistent and uniform framework for the computation of income and the disclosure of income-related information for tax purposes. ICDS V specifically deals with "Tangible Fixed Assets."
Match the capital market instruments with their respective features: Â
According to Section 6 of the Indian Trusts Act, 1882, a trust becomes void if its purpose becomes unlawful after its creation due to changes in the law...
In the context of RBI’s guidelines on foreign exchange risk management, what is the role of an Authorized Dealer (AD) in monitoring users’ positions...
Which of the following are Financial Analysis Techniques?
Which of the following statements about mutual funds is/are accurate?
1. Open-ended mutual funds allow investors to buy and sell units at any tim...
If the arithmetic mean is 26.8 and the median is 27.9, then the mode is
What does BRSR stand for in the context of SEBI's disclosure requirements for ESG responsibilities? Â
Calculate the closing capital of an individual from the following information:
·      Initial capital in business – Rs.50000
During the month of January, the standard cost of actual hours worked amounted to Rs.42,000, the standard hours allowed for actual production were 2,00...
Which among the following can be utilized for Buy Back of shares of an organisation?
