Ans. c, As per Section 36- (4) Where in any accounting year any amount has been carried forward and set on or set off under this section, then, in calculating bonus for the succeeding accounting year, the amount of set on or set off carried forward from the earliest accounting year shall first be taken into account.
The document containing the rules and regulations framed by the company for internal management of the company is called:
A company purchased a machinery for Rs.4,50,000. The machine is expected to have a useful life is 7 years after which it can salvage a value of Rs.30,0...
Which of the following statements is true for cash basis accounting?
Securities Premium can be used by the company:
When was the Government e-Marketplace (GeM) launched in India?
How much percentage of salary is allowed for exemption in House rent allowance Section 10(13A) in case of metro city?
According to section 2(i), “an agreement which is enforceable by law at the option of one or more parties thereto, but not at the option of the other ...
ICDS IV primarily deals with which aspect of financial reporting.
The average due date technique of payment may be used:
The objective of ______ is to prescribe the accounting treatment for intangible assets that are not dealt with specifically in another Accounting Standard.
