Question
Bhartiya Sakshya Adhiniyam provides for Presumption as
to documents________ years old.Solution
S. 92. Presumption as to document thirty years old. Where any document, purporting or proved to be thirty years old, is produced from any custody which the Court in the particular case considers proper, the Court may presume that the signature and every other part of such document, which purports to be in the handwriting of any particular person, is in that person's handwriting, and, in the case of a document executed or attested, that it was duly executed and attested by the persons by whom it purports to be executed and attested.Â
Noting charges are recoverable from:
Mr. A draws a bill of exchange for ₹1,00,000 on Mr. B for 90 days. Mr. B accepts it and it is discounted by Mr. A from the bank. On maturity, Mr. B fa...
When a bill is dishonored, the drawer's account is debited in the books of the drawee because:
Mr. Arvind drew a bill of exchange of ₹1,00,000 payable after 3 months on Mr. Rohit, who accepted the bill. Before maturity, Mr. Arvind endorsed the b...
A bill of exchange for ₹40,000 was discounted with the bank for ₹39,500. The amount of discount charged is:
Noting charges are ultimately borne by the:
Which accounting standard governs the treatment of inventories in India?
When a bill is discounted with the bank, the party that bears the loss if the bill is dishonored at maturity is the:
CSR stands for
A bill of ₹50,000 discounted @12% p.a. for 3 months. Bank discount = ?