Question
Consider the following statements regarding
ordinances. 1. Article 123 of the Constitution of India grants the President certain law – making powers to promulgate when either of the two Houses of the Parliament is not in session. 2. An ordinance must be converted into legislative within 35 days of the commencement of the Parliament session or else it will lapse. 3. Article 213 of the constitution of India grants the Governor of India the power to issue ordinances when the state legislative is not in session. Which of the statements given above is/are correct?Solution
The correct answer is A
Which of the following is required to be disclosed in the financial statements about significant accounting judgments and estimates?
Which of the following is not shown in the statement of profit and loss under Ind AS?
ABC Ltd. follows Ind AS and presents its balance sheet as per Schedule III of the Companies Act. The company receives ₹5 crore from the issue of deben...
While preparing the statement of profit and loss, ABC Ltd. classifies its revenue from sale of products under “Other Income.” Is this in compliance ...
As per Ind AS 16, subsequent expenditure on property, plant and equipment is capitalized when it:
As per Schedule III, Share Application Money pending allotment is shown under:
Under which head in a company's Balance Sheet is "Unpaid Dividend" shown?
Which of the following is a non-current liability?
While preparing the statement of profit and loss, ABC Ltd. classifies its revenue from sale of products under “Other Income.” Is this in compliance ...
Which of the following best describes capital work-in-progress (CWIP)?
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