Get Started with ixamBee
Start learning 50% faster. Sign in now
Cost = ₹55,00,000 Depreciation/year = (55 – 3)/5 = ₹10,40,000 2 years depreciation = ₹20,80,000 Carrying amount on 1-Apr-2022 = ₹34,20,000 Fair Value = ₹30,00,000 ⇒ downward revaluation Revaluation loss = ₹4,20,000 (to P&L or OCI as per AS-10) After 1 more year depreciation: Depreciation = (30 – 3)/3 = ₹9,00,000 Carrying amount = ₹21,00,000
What is the maximum Managerial Remuneration that can be paid in case of Absence or Inadequacy of Profit?
As per Companies Act, 2013, the balance in Securities Premium account can be used for the following purposes except _________
Which of the following Section deals with ‘Company to accept unpaid share capital, although not called up’?
As per Section 139 of the Companies Act, 2013, every company shall, at the first AGM, appoint an individual or a firm as an auditor who shall hold offic...
Within how many days of incorporation should the first meeting of Board of Directors to be held according to Companies Act, 2013?
The appointment of Directors is to be approved by company in ____
Which of the following does not form the part of a Negotiable Instrument as per Negotiable Instruments Act, 1881?
As per Section 26(9) of Companies Act 2013, what is the amount of fine in case the prospectus is issued in contravention of the section related to matte...
As per Companies Act, a Prospectus is to be issued within _______ from the date of delivery of prospectus to the Registrar.
