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Profit as per cash accounting will take into account all cash related transactions, irrespective of the year it relates to. Revenues on account means credit sale therefore, will be ignored since we are taking Cash basis of Accounting. As such cash profit = Cash sales – salaries paid in cash – tickets purchased = 70,000 – 50,000 – 11,500 = Rs.8500
……. is a statement of claim, a document by presentation of which the suit is instituted.” It is called as:
According to the Aircraft Act of India, who is authorized to make a complaint for taking cognizance of an offence punishable under the Act?
Insurance Regulatory Development Authority was setup on the recommendation of Malhotra Committee which was headed by __________________ and who was ____...
As per the Motor Vehicles Act axle weight means ________________
The Arbitral award will be made by the arbitral tribunal within a period of ___months from the date of completion of pleadings.
According to the Motor Vehicle Act the Insurance Regulatory and Development Authority is established under ?
What is the cooling-off period required for a public interest director to become a non-independent director after ceasing to be a public interest direc...
Muta marriage could not be dissolved :
Under Section 138 of the Negotiable Instruments Act 1881, the maximum punishment prescribed is:
The fee payable to the experts appointed by the Court as per section 14A of the Specific Relief Act shall _____________
