Question
As per Companies Act, certain companies are required to
contribute toeards CSR activities. What is the quantum of contribution required?Solution
Section 135 - The Board of every company referred to in sub-section (1), shall ensure that the company spends, in every financial year, at least two per cent of the average net profits of the company made during the three immediately preceding financial years, in pursuance of its Corporate Social Responsibility Policy
Financial Instruments such as Call Money, commercial paper, Bills of exchange, T-Bills, are traded in which of the following market?
In the absence of Partnership Deed, partners are entitled to:
Use of cash to underrate a capital expenditure in an organisation involves an outflow of cash. This transaction will be reflected in the Cash Flow State...
With effect from ______, the historic indirect tax reform- GST was introduced in India.
During the year 2016-17, the profit of the business before charging manager's commission was Rs. 1,89,000. If the manager's commission is 5% after charg...
Which of the following are needed for the analysis of the financial statements of a company?
The primary rule of double-entry book-keeping is:
According to Ind AS 16, if the cost of dismantling a plant in future is ₹5 lakh, and there's a present obligation, how should this be treated?
A company measures its financial asset at amortised cost. It earns fixed interest and has no intention to sell before maturity. Which Ind AS permits thi...
Current years’ proposed dividend will be:
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