Question
What is the definition of "wrongful loss" as per
IPC?Solution
Section 23. Wrongful loss" is the loss by unlawful means of property to which the person losing it is legally entitled.
Ashutosh is a horse dealer. Tausif approaches Ashutosh for a horse. Ashutosh lends a horse which he knows to be vicious, to Tausif. Ashutosh doesn't dis...
Before the work of audit is commenced, the auditor plans out the whole of audit work is called _________.
Who is considered a Beneficial Owner under RBI KYC norms?
SA 500 deals with which of the following?
Which of the following Provident Fund is exempt up to 12% of employee's salary, from employer's contribution?
Valuing inventory at cost or net realizable value is based on which principle?
This kind of audit is conducted generally between two annual audit ______.
_______ is also known as General Ledger Adjustment Account.
A company purchased machinery worth ₹50,00,000 on 01-04-2021. The company provides depreciation at 10% per annum on Written Down Value method. On 01-1...
An entity has Equity Share Capital (equity shareholders’ funds) of ₹10,00,000, Preference Share Capital of ₹4,00,000, and Long-term Debt of ₹6,0...
