Question
Which section of BSA deals with the relevancy of motive,
preparation, and previous or subsequent conduct?ÂSolution
Section 6 of BSA deals with motive, preparation, and conduct before or after an event. These elements are key indicators of intent and involvement. It aids courts in understanding behavioral patterns relevant to crimes. Previous or subsequent conduct adds contextual depth to legal arguments. This section is crucial in cases with circumstantial evidence.Â
______ is levied on the import of goods and/or services.
Which ICDS deals with Accounting Policies?
Audit of accounts by the staff of the business is known as:
A company is planning a capital raise of ₹20 lakh, with 60% from equity (cost 16%) and 40% from debt (cost 10%). If the tax rate is 30%, calculate its...
ABC Ltd. enters into a contract with a director’s relative for supply of raw material worth Rs. 1.2 crore. Paid-up share capital is Rs. 5 crore. As pe...
A company produces a single product with the following cost structure:
• Selling price per unit: ₹500
• Variable cost per unit: ₹3...
The following balances are available for a company:
Cash: ₹5L, Inventory: ₹12L, Debtors: ₹10L, Short-term investments: ₹3L
Account...
In an organization, the actual sales were ₹10 lakh while the budgeted sales were ₹12 lakh. The cost was ₹6 lakh vs budgeted cost of ₹7 lakh. Wha...
Which section of the Companies Act, 2013 deals with an audit of cost accounting records -
If an asset’s useful life is revised from 10 years to 8 years in its 5th year, then how should the depreciation be recalculated?
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