Question
In which state did the inaugural Outlook Planet
Sustainability Summit & Awards 2024 take place?Solution
The Outlook Planet Sustainability Summit & Awards 2024 was held in Goa. The event brought together policymakers and top management of Central Public Sector Enterprises (CPSEs) to discuss sustainability initiatives. The summit was organized by Outlook Media Group, with BDO India as Awards Process Advisor and IIT Goa as Knowledge Partner. The event honored outstanding sustainability efforts, with REC Limited receiving the “Sustainability Champion—Editor’s Choice Award” and Power Finance Corporation (PFC) Limited receiving the Corporate Social Responsibility award in the Non-Fossil Fuel category.
Which method of depreciation results in equal depreciation expense each year?
Which of the following is NOT a method of charging depreciation?
If a firm has been changing its depreciation policy every year, it is violating the_______ concept/principle of accounting.
Which asset is not eligible for depreciation under the Income Tax Act?
Company X acquired equipment costing ₹5,00,000 on 1-Jan-Year1; useful life 5 years, no residual. It capitalises borrowing costs of ₹30,000 related t...
A machine costing ₹8,00,000 has a salvage value of ₹80,000 after 10 years. The company follows Straight Line Method (SLM). During the 4th year, it s...
Under which condition will no depreciation be charged on a fixed asset during a financial year?
A company purchases an intangible asset (software license) for ₹20 lakhs, with a legal validity of 5 years and probable economic benefit of 8 years. A...
A machine costing ₹8,00,000 has a useful life of 5 years and scrap value of ₹50,000. Using WDV method at 30%, what will be the book value at the end...
Which method of depreciation is NOT recognized by the Companies Act, 2013?