Question
Which of the following pairs are correctly matched?
Solution
Habeas Corpus : The Supreme Court or High Court can issue this writ against both private and public authorities. Writ of Prohibition can only be issued against judicial and quasi-judicial authorities. It can’t be issued against administrative authorities, legislative bodies and private individuals or bodies Pre-1991: The writ of Certiorari used to be issued only against judicial and quasi-judicial authorities and not against administrative authorities. Post-1991: The Supreme Court ruled that the certiorari can be issued even against administrative authorities affecting the rights of individuals It cannot be issued against legislative bodies and private individuals or bodies Quo-Warranto can be issued only when the substantive public office of a permanent character created by a statute or by the Constitution is involved. It can’t be issued against private or ministerial office.
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:
Which of the following best describes ‘amortisation of debenture issue expenses’?
Who can become an agent?
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?