Question
Which article of the Constitution of India prohibits arbitrary collection of tax?
More Basic Accounting Concepts Questions
- Income limit for rebate of income tax increased from ₹5 lakh to ____ lakh in the new regime of Budget of 2023-24.
- A borrower shows DSCR 1.15, Current Ratio 1.20, Security Coverage 1.10, good promoter integrity but volatile industry outlook for next 2 years. What is the...
- W hich of the following types of account best describes a “Provision for doubtful assets” account ?
- An MSME unit has projected annual turnover of ₹240 crore. As per the 20% working capital norm, total working capital requirement is taken at 20% of turnove...
- A firm shows PAT ₹16 cr, Depreciation ₹9 cr, Increase in Receivables ₹12 cr, Decrease in Inventory ₹5 cr, Increase in Payables ₹4 cr. What is the Operating...
- Depreciation is charged as per which principle?
- As per Schedule III, which of the following is not a current liability?
- Which article of the Constitution of India prohibits arbitrary collection of tax?
- A company uses the Written Down Value (WDV) method to calculate depreciation on its fixed assets. On which of the following value of the fixed asset, will ...
- As per AS- 2 what should be the valuation of inventory from the following information: Purchase Price = 2000 Trade Discount = 200 Cash Discount = 100 Deliv...
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
