Question
Which one of the following amendments in the
Constitution of India made a Proclamation of Emergency immune from judicial review?Solution
The Thirty-eighth Amendment of the Constitution of India, officially known as The Constitution (Thirty-eighth Amendment) Act, 1975, made the declaration of "The Emergency" final and conclusive.
A company borrows â‚ą100 lakh at 10% interest to construct an asset over 2 years. It spends â‚ą60 lakh in Year 1. What borrowing cost is capitalized in ...
Under the RBI’s KYC guidelines, “beneficial owner” for a company is identified as_________.
Investor A holds 42% of voting rights in TargetCo; the remaining shares are widely dispersed with no other holder above 3%. Investor A also has substant...
ABC Ltd. earned â‚ą50 lakh before tax. It made donations eligible under Section 80G of â‚ą5 lakh and depreciation as per IT Act â‚ą7 lakh. What is the t...
Which of the below import duties would be imposed?
Section 80EEB of the Income Tax Act provides deduction on:
ICDS IV primarily deals with which aspect of financial reporting
What type of banking transaction allows customers to invest in a diverse portfolio of stocks, bonds, and other securities?
V Ltd. sells Customer C a water purifier and maintenance service for 2 years for a total consideration of Rs 20,000. As per IND AS 115, determine how m...
In this reinsurance arrangement, an agreement is made between the ceding company and the reinsurer(s), specifying limits for reinsurances that can perta...
Relevant for Exams:
