What does the legal maxim 'Novus Actus Interveniens' mean?
New Intervening Act. ‘Novus Actus Interveniens’ is a Latin legal maxim that stands for ‘new intervening act’. Novus Actus Interveniens is “an independent event which, after the wrongdoer’s act has been concluded either caused or contributed to the consequence concerned”. Thus, an intervening act leads to a breakage in the cause-effect relation of the act that harmed the plaintiff. It is used as a defence by defendant to negate or reduce his liability.
…………… allowance deduction is allowed only to Government employees.
As per AS-13, Long Term Investments are carried in the balance sheet at what value?
The ledger column that links the entry with the journal is called as.
Who among the following can issue Certificate of Deposits to raise short term resources?
How much percentage of salary is allowed for exemption in House rent allowance Section 10(13A) in case of metro city?
The term "Goods" under GST does not include:
Opening inventory Rs. 1,700/-, Purchases Rs. 27,000/-, Closing inventory Rs. 1,500. Cost of goods sold will be
...Interest payable by a non-corporate assessee for deferment of advance tax is
What is the appropriate method for calculating the cost of inventory when there are significant fluctuations in purchase prices?
The price sensitivity of the market is an important factor of ________ element of micro environment.