Question
In accordance with Section 26 of the General Insurance
Business (Nationalisation) Act, how is every acquiring company treated for the purposes of the Income-tax Act, 1961?Solution
Section 26. Acquiring companies and income-tax: For the purposes of the Income-tax Act, 1961, every acquiring company shall be deemed to be an Indian company and a company in which the public are substantially interested.
A train of 250 metres is moving at a speed of 90 km/h. It completely crosses a platform in 45 seconds. What is the platform’s length?
Speeds of train 'A' and train 'B' are in the ratio 4:5, respectively. Train 'B' can completely overtake train 'A' in 180 seconds. If lengths of train 'A...
A 140-metre train takes 7 seconds to cross a pole. If the same train takes 10 seconds to cross train 'E' that is travelling in opposite direction at 22 ...
Time is taken by two trains running in opposite directions to cross a man standing on the platform in 24 seconds and 14 seconds respectively. It took 20...
Train A running with a sped of 126 km/h crosses a vertical pole in 22 seconds. Speed of train A is 6 m/s less than speed of train B, and length of train...
A train 210 m long passes a platform 390 m long in 30 seconds. Find the time it will take to pass a pole.
A 150-m train crosses a platform in 24 seconds at 45 km/h. Find length of platform.
A train started from station P and preceded towards station Q at a speed of 60 km/h. 35 minutes later, another train started from station Q and preceded...
Two trains, 'P' and 'Q', begin their journey from stations 'A' and 'B' at the same time, heading towards each other. The total distance between stations...
Two trains ‘T5’ and ‘U5’ of lengths 800 metres and 400 metres respectively are travelling towards each other. Ratio of speed of ‘T5’ to ‘U...
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