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Section28 Holding out: (1) Anyone who by words spoken or written or by conduct represent himself, or knowingly permits himself to be represented, to be a partner in a firm, is liable as a partner in that firm to anyone who has on the faith of any such representation given credit to the firm, whether the person representing himself or represented to be a partner does or does not know that the representation has reached the person so giving credit. (2) Where after partner's death the business continued in the old firm-name, the continued use of that name or of the deceased partner's name as a part thereof shall not of itself make his legal representative or his estate liable for any act of the firm done after his death.
The written down value of Machinery is ₹ 12,00,000. The original cost of the Machinery is ₹ 20,00,000. It is sold for ₹ 24,00,000 during the year ...
What does CBLO stand for?
What is the due date for filing GSTR-9, the annual return, as per GST law?
Current years’ proposed dividend will be:
For each registration, a separate GST Registration No (i.e., GSTIN) of ______ digits is allotted.
A company reported net profit before tax of Rs.36,100. It has raised debt capital of Rs.250,000 through 13% debentures. What is the interest coverage ra...
With respect to self-balancing ledgers, which of the statement is incorrect?
Which of the following is regarded factory/manufacturing/production overhead?
Which among the following deals with Accounting for Inventories?
XYZ Radiology Centre acquired a new imported X-ray machine for Rs.10,50,000. Octroi paid on the machine was Rs. 5,000. Expenses of setting up and start...