Question
A company incurred ₹1 lakh as preliminary expenses.
How should it treat the amount under current Ind AS?Solution
Ind AS does not permit capitalization of preliminary expenses. It should be written off in the year incurred.
RBI was a privately held bank before 1949
What is the official currency of Bangladesh?
Consider the following statements in regards to Kshemendra:
a) He was an 11th-century poet from Kashmir in India
b) He wrote Kalavilasa an...
On which date is the "United Nations Day for South-South Cooperation" celebrated?
Which of the following statements is correct?
A. FIMMDA is a voluntary market body for the bond, Money and Derivatives Markets
B. FIMMDA i...
With which act social security was introduced in India?
Who was the winner for the year 2019 for Dada Saheb Phalke Excellence award?
Dr. B R Ambedkar was elected to the constitutional assembly from which one of the following states?
Rajasthan state formation diwas is celebrated every year on?
The 46th Session of the World Heritage Committee of UNESCO concluded in:
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