Question
Which type of account is specifically designed for the
purpose of encouraging savings among minors in India?Solution
Minor's Savings Account is a type of account designed for minors in India to encourage savings. It is usually operated by a guardian until the minor reaches a certain age.
An asset is purchased for Rs.50,000 on which depreciation is provided annually according to the straight-line method, the useful life is 10 years and t...
In GST, the credit of tax paid on the input service used by more than one supplier:
Calculate Cash ratio of the company?
While vouching purchases, an auditor notices that a supplier’s invoice is missing. What is the best course of action?
Which of the following allowances is NOT taxable under Income under head Salaries?
The death-cum-retirement gratuity received by the Government Employee or employee of local authority is _______________.
SSL stands for:
_______ is also known as General Ledger Adjustment Account.
The profit is 50% on sales. What is its percentage on cost?
The company should file form _______ with the board resolution and with prescribed fee to the Central Government for appointment of the cost auditor.
