Question
What is the maximum amount allowed per financial year
under the Liberalised Remittance Scheme for resident individuals, including minors?Solution
Under the Liberalised Remittance Scheme, all resident individuals, including minors, are allowed to freely remit up to USD 2,50,000 per financial year (April – March) for any permissible current or capital account transaction or a combination of both.
Neha agrees to sell to Vidhika "hundred tons of oil". There is nothing whatever to show what kind of oil was intended. The agreement is_______________
The Act allows withdrawal of consent:
Section 114A was introduced by the Criminal Law Amendment Act, 1983 following the widespread protest against the judgment in the_______.
According to Indian Partnership Act, 1932 which of the following situations makes a person a partner in a firm?
Whoever causes death by doing an act with the intention of causing death, or with the intention of causing such bodily injury as is likely to cause deat...
Where immoveable property of one person is by act of parties or operation of law made security for the payment of money to another, and the transaction ...
If a fact constitutes an occasion of a fact or a relevant fact it is considered as a relevant fact. Is it covered under doctrine of res gestae?
______________________ is a process by which a private, member-owned company, such as a co-op, or a mutual life insurance company, legally changes its s...
- As per section 12A of the Commercial Courts Act, when can a suit not be instituted?
As per section 128 of the Companies Act all or any of the books of account and other relevant papers may be kept at such other place in India as the __...
