Question
Who is the chairman of the Central Board of Direct Taxes
(CBDT)?Solution
Central Board of Direct Taxes (CBDT)               Headquarters: New Delhi             Chairman: Nitin Gupta
A company purchased goods worth ₹2,00,000. It availed a trade discount of 10% and cash discount of 2% (if paid within 10 days). The company paid withi...
Under process costing, which of the following is considered as normal loss?Â
Which of the following statement is incorrect with respect to Valuation of Inventories?
An assessee is required to deposit how much % of advance tax liability on or before 15th June?
Which of the following in not a correct base adopted for apportionment of expenses over each department?
If tax rate changes, which of these statements is true for deferred tax?
What is the provisioning requirement on a loan classified as a standard asset and given to an MSME enterprise?
Which of the following is a depreciation method that is not commonly used?
A firm uses straight line for depreciation. It revises useful life from 10 to 5 years at midpoint (after 5 years) with no salvage. Effect on annual depr...
Unearned premium reserve (UPR) at year-end requires time-apportionment for annual policies. For a policy written on 1 Nov with annual premium ₹24,000,...
