Question
Which accounting standard governs the treatment of
inventories in India?Solution
Ind AS 2 - Inventories is an accounting standard in India that prescribes the treatment of inventories in financial statements. It aligns with the International Financial Reporting Standards (IFRS) and provides guidelines on how to measure, present, and disclose information about inventories in a consistent and comparable manner.
In the Bharatiya Nyaya Sanhita, 2023 ____________________word has been introduced as a form of punishment
Under Section 29B of Arbitration Act, when can there be fast track proceedings?
As per the Contract Act an Agents authority has to be____________
According to the Limitation Act, what happens to a suit, appeal, or application if it is made after the prescribed period, even if limitation has not be...
When does a conciliation proceeding commences?
For how long can the Central Government supersede the Board?
Special leave to appeal can be granted by the Supreme Court-
The Prevention of Corruption Act lays down that a special Judge may take cognizance of offences without the accused being committed to him for trial and...
First information report is registered under which section of CrPC?
One of the objectives of the Indian Constitution is ‘Economic Justice’.  It has been provided under which of the following?