Question
If an entity revalues its land upward and this is the
first time revaluation is being done, how is the increase treated under Ind AS 16?Solution
Under Ind AS 16, if an asset’s carrying amount is increased due to revaluation and there is no prior loss reversal, the increase is recognised in Other Comprehensive Income (OCI) and accumulated in equity as a revaluation surplus.
Which state/UT launched the Dr. Ambedkar Samman Yojana?
Match the following:
Which state launched 'Gudiya' helpline and 'Shakti button' mobile app for women safety?
The Competition Commission of India (CCI), which regulates anti-competitive practices in the marketplace, is a statutory body under the _______.
' Kiribath ' is a rice dish from_____.
_______of the following banks has launched the first of its kind stressed asset recovery automated solution (SARAS) to accelerate the recovery of bad lo...
Which of the following is the capital of Mongolia?
What is the financial outlay approved by the Union Cabinet for the continuation of PM-AASHA schemes until 2025-26?
Capital market helps in ownership distribution
Sensex also called as BSE 30, is the market index consisting of 30 well-established and financially sound companies listed on Bombay Stock Exchange (BSE...
