Question
An asset was previously revalued downward. If it is now
revalued upward, how should the increase be treated?Solution
Revaluation increase is recognised in P&L to the extent it reverses a previous decrease that was earlier recognised in P&L (Ind AS 16 para 40).
How much is requirement of initial paid up capital to open Small Finance Bank ?
Recently GeM and signed MoU with which of the following company to enable engagement of last-mile women-led enterprises as sellers and service providers...
SmartFin, an end-to-end digital supply chain finance (SCF) platform, powered by Veefin Solutions has been launched that will help drive the required o...
Which of the following Asian countries is not a member of G 20 Organization?
The Government of India has approved a plan to establish ______ new multipurpose Primary Agricultural Credit Societies (PACS) / dairy / fishery primary ...
On which date Good Governance Day is celebrated annually?
- Where is the headquarters of the World Health Organization (WHO) located?
The Krakow ______ Festival, held annually in Poland every third weekend of June, focuses on which sport?
What is the purpose of the Prime Minister's Mentorship Scheme for Young Writers (PM-YUVA Scheme)?
The name of Kevadiya Railway Station of _______ will now be known as Ekta Nagar Railway Station.
