Question
S.110 of evidence Act support the statement that :
Solution
Section 110 IEA provides that when the question is whether any person is owner of anything of which he is shown to be in possession, the burden of proving that he is not the owner is on the person who affirms that he is not the owner. There is a presumption of law that whoever is in the possession of the property is the owner for the property and BOP is on the other party to prove the contrary.
A company wants to list on the Bombay stock exchange. Which of the following processes will result in this?
Process costing is suitable for
Which of the following is a depreciation method that is not commonly used?
A cost that has already been incurred and cannot be recovered is known as a:
A company’s book profit as per section 115JB is ₹50 crore. MAT rate is 15% plus 4% cess. Calculate MAT liability.
This kind of audit is conducted generally between two annual audit ______.
Deduction in respect of royalty income of authors under Chapter VI is allowed under Section:
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As per Schedule III of the Companies Act, 2013, the current maturities of long term debt have to be shown under which of the following heading?
