Question
When was the Recovery of Debts and Bankruptcy Act
enacted?Solution
An Act to provide for the establishment of Tribunals for expeditious adjudication and recovery of debts due to banks and financial institutions, insolvency resolution and bankruptcy of individuals and partnership firms and for matters connected therewith or incidental thereto enacted on 27th August 1993.
What is the ceiling on the number of audits in case of an individual?
Read the following information to answer the below questions:Â
A belated return can be filed by a taxpayer under Income tax Act, between _______
Under the co-lending model of 2020, what minimum share of loans must banks undertake in partnership with NBFCs?
Which agreement is not opposed to public policy?
A firm’s current ratio is 1.5:1 and quick ratio is 1.5:1. What does it suggest about inventory?
Under Ind AS 16, after initial recognition, an entity can measure PPE using:
A company has opening inventory of ₹1,50,000 and closing inventory of ₹2,50,000. Purchases during the year were ₹10,00,000. What is the Inventory ...
An amount received from Seema, whose account was previously written off as Bad Debts, should be debited to:
The term ‘ Previous year’ is defined under which section of Income Tax Act?
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