Question
Under the Bharatiya Sakshaya Adhiniyam, when does the
Court presume the genuineness of an electronic or digital record?Solution
Explanation: Section 81 Presumption as to Gazettes in electronic or digital record: The Court shall presume the genuineness of every electronic or digital recordpurporting to be the Official Gazette, or purporting to be electronic or digital record directedby any law to be kept by any person, if such electronic or digital record is kept substantiallyin the form required by law and is produced from proper custody.Explanation.—For the purposes of this section and section 93 electronic records aresaid to be in proper custody if they are in the place in which, and looked after by the personwith whom such document is required to be kept; but no custody is improper if it is provedto have had a legitimate origin, or the circumstances of the particular case are such as torender that origin probable.
While evaluating investments, the release of working capital at the end of the project life should be considered as __________.
Which of the following transactions is capital expenditure?
Customer pays 60% upfront, 20% on customization completion (month 5), and 20% at end of PCS (month 24). Market borrowing rate for the customer is 10% p....
Which of the following is an example of capital expenditure?
According to RBI’s discussion paper on the Expected Credit Loss (ECL) model for banks, how should the transitional adjustment amount be treated at the...
A MSME start-up is eligible for priority sector loan of up to Rs. _________
A company uses Raw material A to manufacture finished goods, price of the raw material A is on the decline. The finished goods in which the raw materia...
If a company has a foreign branch, how are its financial statements translated as per AS 11?
 Which of the following concepts says that the business is different and the owner is different?
Section 4(1) of the Payment of Gratuity Act, 1972, provides that gratuity shall be payable to an employee on the termination of his employment after he ...
