Question
The written down value of Machinery is ₹ 12,00,000.
The original cost of the Machinery is ₹ 20,00,000. It is sold for ₹ 24,00,000 during the year 2022-23. The result is:Solution
Amount over and above the original cost of the asset i.e. 400,000 will be capital profit and the amount up to which depreciation is charged in P&L will be revenue in nature i.e., 8,00,000.
The damages as per section 73 of the Contract Act are______________________
Meetings of the Central Board shall be covered____________as per the RBI Act ?
In which of the following cases, notice of dishonour is unnecessary?
I. when it is dispensed by the party
II. ...
Under the provisions of The Protection of Women from Domestic Violence Act, 2005, which of the following statement regarding protection order, is wrong?
Limitation act was enacted in the year:
What is the maximum period for which security for good behaviour from habitual offenders can be demanded by a magistrate?
What is the time period within which the first meeting of the Board of Directors of a company should be held the date of its incorporation?
Among, the following under which case the Court held that the giving of finger impressions or specimen writing or of signature by an accused person unde...
Who are the Class I heirs under the Hindu Succession Act?
Art. 165 of the Constitution deals with the appointment of ?
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