Question
Under Section 138 of the NI Act, the penalty for
'Dishonour of Cheque' for insufficiency of funds can be:Solution
Section 138 provides for criminal liability for cheque bounce due to insufficient funds, with a maximum of 2 years in jail or a fine up to double the cheque amount.
Who is the designated authority to receive information under the reporting requirements of the PML (Maintenance of Records) Rules, 2005?
Internal auditor is appointed by ________.
The first auditor of a company (other than government company) is appointed by the ______ within ______ of registration of the company by passing a vali...
Ramesh shows a profit of Rs. 5,00,000 for the year ended 31.3.2017. The figure has been arrived at after charging following against revenue:
Purc...
Which of the following is not allowed in small accounts?
What does the acronym "OCI" stand for in accounting and financial reporting?
A person can hold directorship in ______ companies simultaneously.
Which of the following is considered a decision-making tool in management accounting?
As per AS 9 (Revenue Recognition), revenue from sales of goods should be recognized when:
Which of the following is levied by State Government only?
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