Question
A television costs ₹35,000 less than a printer. If the
cost of the printer is twice the cost of the television, then the cost of the television is:Solution
Which of the following is not a taxable income under the head “Income from Other Sources”?
In case of amalgamation in the nature of purchase, the excess of purchase consideration over the net assets is debited to:
Consideration is ₹1.90 crore fixed plus a ₹20 lakh performance bonus if go-live is achieved in 4 months (historically achieved only 40% of the time)...
Byron Ltd reported 32000 in earnings during the current financial year. The total shares outstanding are 40000 at a market price of 18 per share. What i...
A firm has current assets of ₹8 lakh and current liabilities of ₹5 lakh. If it collects ₹1 lakh from debtors and uses it to pay creditors, what ha...
Time of supply means
A director is appointed in _______
A company receives advance from customer for contract work. On balance sheet, this advance is:
As per RBI guidelines, a “wilful defaulter” refers to a borrower or guarantor who has committed wilful default, provided the outstanding amount is a...
The objective of ______ is to prescribe the accounting treatment for intangible assets that are not dealt with specifically in another Accounting Standard.
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