Question
Which of the following statements is/are CORRECT with
respect to the GST Council? I. It was set up by the President as per Article 279A (1) of the amended Constitution. II. The members of the Council include the Union Finance Minister (chairperson), the Union Minister of State (Finance) from the Centre. III. It is a joint forum of the Centre and the states.Solution
It was set up by the President as per Article 279A (1) of the amended Constitution.The members of the Council include the Union Finance Minister (chairperson), the Union Minister of State (Finance) from the Centre. It is a joint forum of the Centre and the states.
For calculation of House Rent Allowance under Section 10(13A), the salary is to be considered the following, EXCEPT:
Which of the following correctly defines a Bridge Loan?
Section 24 (a) prescribes the standard deduction from NAV of a sum equal to?
A provision for onerous contract is:
The point at which the liability to charge tax arises is called as the
Which schedule of the Companies Act provides the format for the Balance Sheet?
The Bank overdraft repayable on demand will be reported in the cash flow statement as _____
If the organisation has Budgeted sales > the Break-Even level of Sales, then Margin of Safety, would be:
How can we find out the Net Realizable Value on account of Inventory as per the applicable Accounting Standard for valuation of Inventory?
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