Question
What does the term “capital account transaction”
refer to as per FEMA?Solution
Section 2. Definitions: (e) “capital account transaction” means a transaction which alters the assets or liabilities, including contingent liabilities, outside India of persons resident in India or assets or liabilities in India of persons resident outside India, and includes transactions referred to in sub-section (3) of section 6;
If a person makes non-natural use of his land by collecting there something which is likely to do mischief by escape, he will be liable if the thing so ...
If the donee dies before the acceptance of the gift, the gift is:
Which section of the Motor Vehicles Act, 1988 lays down provisions relating to the responsibility of owners of motor vehicles for contravention of secti...
Which of the following is true relating to Red- herring Prospectus?
As per the Companies Act till when shall the President and every other Member of the Tribunal shall hold office from the date on which he enters upon hi...
The question whether a statement was recorded during investigation is a:
Under what circumstances can the Authority make a lease of the premises of an airport, as per the Airports Authority of India Act?
As per the Insurance Act, 1938 the assignment and transfer of insurance polices wholly or in part, whether with or without consideration________________...
A person entitled to the possession of specific moveable property may recover it in the manner provider by:
A, a surgeon, knowing that a particular operation is likely to cause the death of Z, who suffers under the painful complaint, but not intending to cause...
