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"If it ain’t broke, don’t fix it" means there is no need to change something that is already working well. In the given sentence, the speaker advises against unnecessary updates to tax rates, making option 1 the correct choice.
If a long-term investment suffers a permanent decline in value, how should it be accounted for under AS 13?
According to the decision given in the case of Garner vs. Murray, solvent partners have to bear the loss due to insolvency of a partner and have to cate...
The 'Goods and Service Tax Act came into force on :
Commuted pension, exempt for other than government employees (who do not receive gratuity), is under section _______.
The UTGST Act, 2017 is applicable to Union-Territories except:
Income arising from the transfer of an asset before 1- 4 - 61, which was not revocable for a period exceeding ______, is not includible in the total inc...
Which of the following is the correct full form of REIT?
Following information has been provided by a contractor for the year ending 31-3-2020.
(a) Total expenditure till 31-3-2020 is Rs. 5,000.
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Expiration of cost of intangible assets is referred to as:
Which of the following statements about a Ceding Company in insurance is true?