Question
Under Section 63 of the Bharatiya Sakshya Adhiniyam,
2023, which of the following is a NEW requirement compared to Section 65B of the Indian Evidence Act, 1872, for the admissibility of electronic records?Solution
Section 63(4) of the Bharatiya Sakshya Adhiniyam, 2023 introduces a significant change by mandating two-factor authentication  for electronic records. The provision requires that a certificate must be submitted "along with the electronic record at each instance where it is being submitted for admission" and this certificate must be signed by both:
- The person in charge of the computer or communication device (or the management of relevant activities), AND
- An expert
An insurer faces a probable liability of ₹25 lakh from a pending court case related to motor insurance. As per Ind-AS 37, how should the liability be ...
The fundamental accounting equation, Assets = Liabilities + Equity, can be alternatively expressed as:
Which of the following categories of inventory are generally reported by companies in their financial statements?
Which of the following is the correct full form of REIT?
After providing for ___________, Declaration of Dividends for the current year is made.
If a company uses LIFO inventory method in falling price environment (prices decreasing), then:
Under Ind AS 2, when net realisable value (NRV) of inventory falls below cost, accounting treatment is:
Which of the following is not an accounting equation?
As per revised RBI guidelines, what is the maximum annual household income for borrowers eligible under microfinance loans?
Which act primarily governs the field of general insurance in India?