Question
Section 3 of the Limitation Act, 1963 provides bar
to__________________ if filed after prescribed limitation period:Solution
S. 3. Bar of limitation.— (1)  Subject to the provisions contained in sections 4 to 24 (inclusive), every suit instituted, appeal preferred, and application made after the prescribed period shall be dismissed, although limitation has not been set up as a defence.
Consider the following information.
What will be the ...
What is the ceiling on the number of audits in case of an individual?
An interface that allows user to store data in a two-tier architecture is known as _______.
A business has the following inventory transactions:
• Opening Stock: 100 units @ ₹10
• Purchases: 200 units @ ₹12
• Sale...
Which section of balance sheet shows ‘deferred tax liability’?
Which of the following is NOT a component of working capital?
Which of the following bank-financed facilities is NOT classified as NPA even when other credit facilities of the same borrower are classified as NPA?
For demand drafts, pay orders, or banker’s cheques of ₹50,000 and above, which requirement must be fulfilled as per banking guidelines?
Opening Stock          ₹ 17,000
Purchases              ₹ 61,400
Direct Expenses  �...
Under GST, the return that consolidates the details of all outward supplies, inward supplies, input tax credit, and tax liability for a tax period is: