Question
As per AS 10 (Revised) ‘Property, Plant and
Equipment’, an enterprise holding investment properties should value Investment property:Solution
Explanation :Under AS 10 (Revised) in India, investment property must be measured using the cost model , even though its fair value must be disclosed in the notes. This differs from Ind AS 40 , where entities have the option to use fair value (disclosed but not used for measurement in AS).
Communication of the acceptance of an offer is necessary for proceeding towards the formation of a valid contract was held in the case of______
Which constitutional provision allows Parliament to legislate on a State List matter when two or more States request Parliament to do so?
Under the Sanhita, can a person be punished for an offense committed outside India?
Effect of fraud or mistake has been prescribed in Section_______ of the Limitation Act, 1963.
The Central Government can give directions to LIC in matters involving:Â
Which of the following is true of a Simple Mortgage under Section 58(b) of the Transfer of Property Act?Â
Which of the following is included in the definition of "securities" as per the SARFAESI Act?
Consider the following statements regarding res gestae (part of transaction) under Section 7 of the Bharatiya Sakshya Adhiniyam, 2023:
Statement ...
Under the 1946 Act, the DSPE initially investigated:Â
A Vigilance Commissioner, after ceasing office, is offered appointment as Administrator of a Union Territory by the President. Which provision applies?
