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The inventory is valued at lower of cost of net realisable value. The cost is Rs.2 per unit and realisable value on the closing day of balance sheet is Rs.1.60 per unit. As such, it will be valued at Rs.1.60 per unit. As such, Value of inventory will be = 1.6*50000 = Rs.80,000
Communications during marriage are protected under which Section of the Indian Evidence Act, 1872?
On a bill of exchange payable at a fixed time after date, the period of limitation begins to run
Any person aggrieved by decision of SAT may apply to Supreme Courts within____________ days from the date of communication of the decision.
Before a Minister enters upon his office, the ___________shall administer to him the oaths of office and of secrecy
Under which Act is payment system regulation primarily governed in India?
Whose rights were addressed in case of Hussainara Khatoon Vs. State of Bihar?
As per the Banking Regulation Act, 1949 the Central Government, if on a representation made by the Reserve Bank in this behalf it is satisfied that it i...
Amendment of pleading can be permitted_____.
As per the Information Technology Act, 2000, if any person, dishonestly or fraudulently, does any act referred to in section 43, he shall be punishable ...
Which of the following is not correct pre requisite condition for res judicata as under S.11 of CPC?
