Question
How must the transfer of tangible immovable property
valued at one hundred rupees or more, or intangible property, be made?Solution
Section 54. “Sale” defined.—“Sale” is a transfer of ownership in exchange for a price paid or promised or part-paid and part-promised. Sale how made.—Such transfer, in the case of tangible immoveable property of the value of one hundred rupees and upwards, or in the case of a reversion or other intangible thing, can be made only by a registered instrument.
Withdrawal column of the Pass Book showed a wrong entry of Rs. 112. When the balance as per Cash Book is the starting point.
Â
Which IND AS governs accounting for insurance transactions in India?
A company measures its financial asset at amortised cost. It earns fixed interest and has no intention to sell before maturity. Which Ind AS permits thi...
The DuPont Analysis uses the following ratios except:
Which of the following income is agricultural income—
A director is appointed in _______
As per the CAPM model, to calculate cost of equity capital, which of the following information is not required?
...A type of market where debt and stocks are traded and maturity period is more than a year is known as
Ajay draws a bill on Vinay for â‚ą 60,000. Vinay accepts it. Ajay endorses it to Chintu in settlement of â‚ą 70,000 at 2% discount and the balance in ca...
Calculate Total asset turnover ratio of the company?
