Question
What is the minimum number of directors required for a
public company?Solution
Explanation:According to Section 149(1) of the Companies Act, 2013, every public company shall have a minimum of three directors, every private company shall have a minimum of two directors, and a One Person Company shall have one director.
Which of the following is an example of capital expenditure?
An entity purchases 1,000 shares of X Ltd. at ₹120 per share. Brokerage and taxes amount to ₹10,000. At year-end, the fair market value of the inves...
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 does CBLO stand for?
Gifts not exceeding_____in value in a financial year by an employer to an employee shall not be treated as supply of goods or services or both.
Which of the following best describes the meaning of reverse repo rate?
According to Companies Act 2013, the first annual general meeting should be held within a period of ________ from the date of closing of the first finan...
The term depletion is used in relation to
What is the statutory limit u/s 16(ii) for deduction of entertainment allowance in case of government employee?
Preliminary expenses are the best example for _________.
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