Question
Under Companies Act, 2013, what determines the rate of
depreciation for assets in books of accounts?Solution
As per Schedule II of Companies Act, 2013, useful life of assets is prescribed. Depreciation is calculated accordingly unless the company justifies a different useful life.
Under Section 14 of the SARFAESI Act, 2002, when a magistrate passes an order for possession of secured assets, what is the nature of the magistrate's f...
Consider the following statements regarding procedural safeguards under PCA, 1988:
Statement 1: A public servant cannot be arrested without prior...
What is the maximum time allowed by the Court to the parties to work out a mutually satisfactory disposition under Section 290(4)(a)?
In India the concept of Directive Principles of State Policy has been adopted from the Constitution of _______________
A rule is made by Central Government under Section 20 and laid before both Houses of Parliament under Section 22 for 30 days over two sessions. Both Hou...
Under Section 13 of the Indian Easements Act, 1882, when does an Easement of Necessity arise, and what is its essential characteristic?
What is a "Promissory note" as defined
Presumption as to abatement of suicide by married woman arises within ______ years of marriage.
Under the RTI Act, what is the time frame within which the Central or State Public Information Officer must provide information or reject a request afte...
The accused in the instant case was charged for killing a person by driving over him. A witness saw the vehicle at a high speed, but did not see the ac...
