Question
Under Ind AS 116, which of the following is true for
lessees?Solution
Ind AS 116 eliminates the operating/finance lease distinction for lessees; they recognize a right-of-use asset and lease liability for most leases.
Which of the statements is correct with respect to a company that has announced a bonus issue according to Rule 14 of the Companies (Share Capital and D...
Zero-based budgeting means:
‘‘Interest accrued & due on debentures’’ is shown ...................... .
Which of the below import duties would be imposed?
A company’s debt-to-equity ratio is 3:1, and it faces a high interest burden. What does this suggest about the financial structure?
In the case of a Government company the Comptroller and Auditor-General of India shall, appoint an auditor within a period of _____________ from the com...
Which of the following is true about sales tax and VAT?
An interface, that allows a user to interact with the e-commerce vendor in a two-tier architecture, is known as __________.
A property has Gross Annual Value ₹2,40,000. Municipal taxes paid ₹40,000. Standard deduction is 30%. What is the income from house property?
While computing exemption in respect of gratuity received by a non-Government employee covered by the Payment of Gratuity Act, one of the items to be co...
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