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.
Nothing is an offence which is done by a child under ……. Of age
No company limited by shares shall, after the commencement of the Companies Act, 2013 issue any preference shares which are __________________
The title of Section 6 of the Central Vigilance Commission Act, 2003 is:
As per Section 8A(1)(b), one of the actions the Commission may take is:
What does the writ of Certiorari mean?
According to Section 6 of the BNSS, 2023, which of the following is not a class of Criminal Court in every State?
A cyber criminal used an intermediate server located outside India to access and modify data in an Indian government agency's computer system. The modi...
According to the Code on Social Security, 2020 Employees’ State Insurance Corporation shall consist of ___________________
Section 8 of the Banking Regulation Act, 1949 prohibits a banking company from doing which of the following?
Facts, not otherwise relevant, are relevant if they________________ opinions of experts, when such opinions are relevant.
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