Question
What does the Rule of Ejusdem Generis state about the
interpretation of statutes?Solution
Interpretation of Statute: It means that where a statute describes things of particular class or kind accompanied by words of a generic character, the generic words will usually be limited to things of a kind and nature with those particularly enumerated, unless there is something in the context of the statute to repel such influence.
A property has Gross Annual Value ₹2,40,000. Municipal taxes paid ₹40,000. Standard deduction is 30%. What is the income from house property?
Calls in arrear Is
The term "Goods" under GST does not include:
What is the primary objective of the Reserve Bank of India (RBI)?
Who among the following can issue Certificate of Deposits to raise short term resources?
Which of the following is NOT an advantage of Bonus issue by a company?
Match the following Auditing and Assurance Standards (AAS) with their titles.
What best describes a Bank Guarantee?
As per section 9(1) of CGST Act, 2017, Central Tax on intra-State supplies shall be levied on the transaction value. This value is determined as per of...
What is the maximum loan amount that can be assessed under the Nayak Committee's Turnover Method?