Question
In the case of Supreme Court Advocates
on-Record Association and another Vs Union of India which of the following amendment to the constitution has been struck down by the Hon’ble Supreme Court of India?Solution
In the case of Supreme Court Advocates on-Record Association and another Vs Union of India, Constitution (Ninety-ninth Amendment) Act, 2014, has been struck down as it provided for National Judicial Appointments Commission.
__________ of an assessee determines the scope of chargeability of his/her income.
A project costs ₹40 lakh and will generate ₹12 lakh p.a. for 6 years. The required rate of return is 10%. PV factor for 6 years @10% = 4.3553. Calcu...
Which of the following statements is INCORRECT?
Who is the regulator of the corporate sector?
Indian Insurance Co. Ltd. on 31.12.20X1 had reserve for unexpired risk of 20 crores in respect of fire insurance business. During 20X2, the premium col...
Which Indian Accounting Standards (Ind AS) deals with "Financial Instruments"?
Revenue as per Ind AS -18 is not categorised into which one of the following types:
X Ltd. is absorbed by Y Ltd. Purchase consideration = ₹10,00,000. Assets taken over = ₹12,00,000, Liabilities = ₹3,00,000. What is the goodwill or...
An enterprise consumes 25,600 units of a component annually. The order cost is ₹600 per order, and carrying cost is ₹12/unit/year. A supplier offers...
Which of the following statements is FALSE?
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