Which of the following principle applies when Provision for Doubtful Debts is required to be maintained in the books of accounts?
Conservatism principle states that record for the anticipated losses and Expenses. It is also called prudence principle. Example-Provision for Doubtful debt - The debtors have not defaulted yet, but if you are anticipating a default in the future, record it as an expense now. Also, Valuation of Inventory is done at Cost or Net Realizable Value, whichever is less.
A, in India, instigates B, a foreigner in Goa, to commit a murder in Goa. What offence has A committed?
Res-Judicata is incorporated under which provision of CPC?
When rescission may be adjudged by the court?
As per the Administrative Tribunals Act, 1985 the Chairman shall hold office as such for a term of five years from the date on which he enters upon his ...
Consider the following statements:
Statement (I): A promise made in writing to pay a debt barred by limitation is invalid.
Statement (II):...
Leading question means:
No court inferior to that of _______________ class shall try any offence under this Provident Funds & Miscellaneous Provision Act 1952
Adultery by a Hindu Husband is a :
Under the RTI Act, 2005 a second appeal against the decision shall lie within ____________ from the date on which the decision should have been made or ...
In a bailable offence, bail is granted as a matter of right