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Advance payment of tax is classified as a prepaid expense. This is because it represents an expense that has been paid in advance and will benefit the company in future periods when the tax is due. Prepaid expenses are recorded as current assets on the balance sheet until the benefit is realized, at which point they are expensed on the income statement.
'la principle de legalite' means:
A confession by an accused made while in police custody, be proved against him only when made in the immediate presence of:
What is the mandatory time limit for the completion of the CIRP?
As per the General Insurance Business (Nationalisation) Act for the General Insurance Corporation of India _______________ add the word “Limited” as...
The President can proclaim emergency on the written advice of the
Which of the following emergencies has been declared for the maximum time in India:
A suit is duly instituted if filed as per ____ of CPC:
Chapter III of the Transfer of Property Act, 1882 deals with-
...A, knowing the B has committed dacoity, knowingly conceals B in order to save him from legal punishment which offence has A committed ?
The presiding officer in an arbitral tribunal of 3 arbitrators shall be appointed by ?