Question
Consider the following statements about Cess: I)
Cess is not a permanent source of revenue for the government. II) Cess can be imposed on both indirect and direct taxes. Which of the above statements is/are correct?Solution
Cess is a non-permanent source of revenue, imposed for specific purposes and discontinued once those purposes are fulfilled. It can be levied on both indirect and direct taxes.
When can a plea that arbitral tribunal does not have jurisdiction be raised?
Res-Judicata is incorporated under which provision of CPC?
Test identification parade is incorporated under section …… of Indian Evidence act?
Who shall constitute the committee of creditors as per section 21 of the IBC?
When there is a breach of contract, the party which has performed a part of his obligation, is entitled to recover value of what has been done by him. T...
A is accused of the murder of B by beating him. Whatever was said or done by A or B or by the by-standers at the beating, or so shortly before or after ...
Which of the following statement is incorrect about lease under Transfer of Property Act, 1882?
Â
I.             Lease ca...
Section 192 of the Companies Act restricts non-cash transactions involving Directors of the ______________ for considerations other than cash.
Which of the following condition must exist so that a promise to pay for the past voluntary services is binding?
Which of the following amendment is known as the Mini-Constitution?
Relevant for Exams:
