Question
Which of the following types of entities are mandatorily
required to adopt Ind AS?Solution
As per MCA roadmap, listed companies or those in the process of being listed, with net worth ≥ ₹500 crore, must mandatorily adopt Ind AS.
An asset is purchased for Rs.50,000 on which depreciation is provided annually according to the straight-line method, the useful life is 10 years and t...
In GST, the credit of tax paid on the input service used by more than one supplier:
Calculate Cash ratio of the company?
While vouching purchases, an auditor notices that a supplier’s invoice is missing. What is the best course of action?
Which of the following allowances is NOT taxable under Income under head Salaries?
The death-cum-retirement gratuity received by the Government Employee or employee of local authority is _______________.
SSL stands for:
_______ is also known as General Ledger Adjustment Account.
The profit is 50% on sales. What is its percentage on cost?
The company should file form _______ with the board resolution and with prescribed fee to the Central Government for appointment of the cost auditor.
