Question
Section 39 of the Bharatiya Sakshya Adhiniyam, 2023
deals with opinions of experts. Which of the following is a CORRECT statement regarding expert opinions under this provision?Solution
Section 39(1) of the Bharatiya Sakshya Adhiniyam, 2023 significantly expands the scope of expert opinions by including the phrase " or any other field " in addition to the traditionally enumerated areas of foreign law, science, art, handwriting identification, and finger impression identification. This expansion allows courts to seek expert opinions on any field that requires specialized knowledge, making the provision more flexible and adaptable to contemporary needs. This addresses the evolution of new areas of expertise that may not fall neatly into the traditional categories.
GH Ltd took a term loan of Rs.24 crore for a period of 20 years to be repaid in equal annual instalments. The interest is 10% p.a. on reducing balance. ...
If net income is ₹10 lakh and number of equity shares is 2 lakh, what is the EPS?
Which of the following statements about Mortgage are not true?
1. Under a mortgage, the legal ownership of the asset can be transferred ...
Under which of the following head will repayment of loan be shown in a cash flow statement?
The PBT of a company is 2,00,000, preference dividend Rs.25,000, and taxes paid Rs.15,000. The number of equity shares is 1,00,000. The earnings per sha...
A company has current assets ₹6,00,000, inventory ₹2,50,000, prepaid expenses ₹50,000, and current liabilities ₹3,00,000. Calculate the quick ra...
Which of the following ratios is very important to assess the eligibility of a borrower for a Term Loan?
The ratio of a firm’s property, plant, and equipment, net of accumulated depreciation, to its annual depreciation expense is an estimate of:
Which of the following statement is true regarding standard costing?
All its JV IT Ltd has total current assets worth ₹9,00,000, of which inventory is ₹2,00,000. Current liabilities stand at ₹5,60,000. What will be ...