Question
According to Ind AS 16, if the cost of dismantling a
plant in future is ₹5 lakh, and there's a present obligation, how should this be treated?Solution
If there's a present obligation and dismantling is part of asset use, the estimated cost is capitalized and a provision is created under Ind AS 16.
The International Big Cat Alliance (IBCA) became a full-fledged intergovernmental organization in January 2025. What is its primary focus?
What does the Supreme Court's judgment on the electoral bonds scheme and related amendments declare?
What is the main objective of the Biodiversity Beyond National Jurisdiction (BBNJ) Agreement approved by the Union Cabinet?
What happens if a subscriber to the PM-SYM scheme dies before the age of 60?
As of August 2025, how many countries worldwide have achieved elimination of at least one neglected tropical disease?
Which country has become the first country in the world to propose health warnings in Individual cigarettes?
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Meta is partnering with _______ to introduce AI large language model’s next generation and make technology known as Llama 2 & this ChatGPT-like model ...
The PM’s Internship Scheme provides financial assistance to interns. What amount is contributed by partner companies as part of the stipend?
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