Question
What is the maximum annual rent increase allowed under
the Maharashtra Rent Control Act?Solution
The maximum annual rent increase allowed under the Maharashtra Rent Control Act is 4%. S. 11. Increase in rent annually and on account of improvement, etc. special addition etc. and special or heavy repairs. (1) After the commencement of this Act a landlord shall be entitled to make an increase of 4 per cent per annum in the rent of the premises let for any of the purposes referred to in sub-section (1) of section 2.
A company has Fixed Costs of ₹2,00,000, a contribution margin ratio (P/V ratio) of 25%, and it achieved total sales of ₹10,00,000. Calculate the pro...
A Treasury Bill (T-Bill) is a:
Which of the following represents ownership in a company?
Which of the following accounting rules can roughly estimate how many years a given sum of money must earn at a given compound annual interest rate in o...
With respect to Job Costing, which of the following statement is incorrect?
Goods purchased ₹1,00,000. Sales ₹90,000. Margin 20% on cost. Closing Inventory = ?
Under section 194D of the Income Tax Act, 1961, what is the rate of Tax Deducted at Source (TDS) on insurance commission, if the payee is a domestic com...
Which form is used to claim ITC in GST returns?
In Zero-Based Budgeting (ZBB), the budget for each activity is:
Opening inventory Rs. 1,700/-, Purchases Rs. 27,000/-, Closing inventory Rs. 1,500. Cost of goods sold will be           Â
...
