Question
Health and Education Cess is levied at the rate of ___ %
on the amount of income-tax plus surcharge?Solution
The correct answer is C
Under Accounting Standard 5 on Net Profit or Loss for the period, prior period items and changes in accounting policies must be disclosed separately. Wh...
What is the minimum outstanding balance in a non-performing borrowal account that requires reporting as a willful default?
What software applications would be the most suitable for performing numerical and statistical calculations?
Under SA 240, the auditor’s responsibility relates to identifying and assessing risks of material misstatement due to fraud. If a whistleblower inform...
In the proposed budget (2017-2018), MAT credit to be carried forward to:
How do Priority Sector Lending (PSL) compliance requirements differ between foreign banks with 20 or more branches and those with fewer than 20 branches?
A plant has one binding bottleneck: a heat-treating oven (hours limited). Product P and Q both consume oven time; material is the only truly variable co...
For calculation of House Rent Allowance under Section 10(13A), the salary is to be considered the following, EXCEPT:
An Indian insurer receives ₹5 crore as foreign premium from a US-based NRI. As per FEMA guidelines, how should the transaction be treated in its books...
Ind AS 7 deals with which of the following:
Relevant for Exams:
