Question
Achyut Potdar, who passed away at 91, had worked in
which organisation before starting his acting career?Solution
Achyut Potdar , a veteran Indian actor, worked at Indian Oil Company before starting his acting journey in the 1980s. He also served in the Indian Armed Forces earlier in life. He later became a well-known supporting actor in Indian cinema, remembered for his versatility.
A contingent liability should be disclosed when:
A firm projects cash inflows of ₹5 lakh in July and ₹7 lakh in August. It expects cash outflows of ₹6 lakh and ₹8 lakh respectively. If the open...
If nothing is given in the financial statements about the three accounting assumptions, then it is to be treated as it. Â
A company purchases goods worth ₹10 lakh + 18% GST, uses 70% for taxable supplies and 30% for exempt supplies. Calculate eligible ITC.
As per AS-13, Long Term Investments are carried in the balance sheet at what value?
Donations made to the PM CARES Fund are eligible for deduction under which section of the Income Tax Act?
A factory has direct material cost of ₹2,40,000 and direct labour of ₹1,60,000 for a batch of 1,000 units.
Factory overheads are absorbed at ...
Which section of the Companies Act, 2013 defines the condition for redemption of preference shares?
The rate of TDS for Rent of Land and Building, Land appurtenant to a building is:
What is the ceiling on the number of audits in case of an individual?