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IND AS 115: Revenue from Contracts with Customers is an Indian Accounting Standard that provides guidance on how to recognize revenue from contracts with customers. It is based on the core principle that revenue should be recognized when it is probable that future economic benefits will flow to the entity and these benefits can be measured reliably. In Accounting Standards: AS 9 ‘Revenue Recognition’ provides guidance on when and how to recognize revenue from a variety of transactions. Rest of the IND AS mentioned in question deals with the following: IND AS 109 Financial Instruments IND AS 101 First time adoption of Indian Accounting standards IND AS 102 Share-based Payment IND AS 16 Property, Plant & Equipment
Section 111 of the Evidence Act speaks of such situations where one person stands in a position of ………… to the other person
Any court may alter or add to any charge any time before:
As per the Nation Food Security Act, 2013 the State Government shall, through the local ____________, identify and providem...
Which of the following shall not be included in the liquidation estate assets?
Under which Act is payment system regulation primarily governed in India?
A mortgagor has right to inspect any document of title in the custody or power of mortgagee ________.
Under the Prevention of Money Laundering Act (PMLA), 2002, which of the following is the first step in the process of investigation into money laundering?
Under the Patents Act, 1970, what is the term of a patent granted in India from the date of filing?
Where should the payment be applied in case the debt to be discharged is not indicated as per the provisions laid down under the Contract Act?
Social agreements are____________________