Question
Which of the statements is correct with respect to a
company that has announced a bonus issue according to Rule 14 of the Companies (Share Capital and Debenture) Rules, 2014?Solution
The correct answer is C
A company’s estimated tax liability for FY 2024–25 is ₹20 lakh. It has already paid ₹4 lakh in the first installment (15 June). Calculate the am...
For a given product, the sales of a company @ ₹ 200 per unit is ₹ 20,00,000. Variable cost is Rs 12,00,000 and fixed cost is ₹ 6,00,000. The capac...
Which of the following is not a source of long-term finance?
A company purchases machinery for ₹10 lakh. Estimated dismantling cost after 5 years is ₹1 lakh. The dismantling obligation is present as per contra...
Which of the following statements is FALSE?
Financial statements of a company should be prepared as per ________ and they should give true and fair view.
What does a CIBIL score of -1 indicate?
Who is considered a Beneficial Owner under RBI KYC norms?
In India, the GST is based on the dual model GST adopted in:
This kind of audit is conducted generally between two annual audit ______.
