Question
Under Section 144 of the Bharatiya Nyaya Sanhita, what
is the punishment for a person who knowingly engages a trafficked child in sexual exploitation?Solution
 Explanation: Section 144 Exploitation of a trafficked person: (1) Whoever, knowingly or having reason to believe that a child has been trafficked, engages such child for sexual exploitation in any manner, shall be punished with rigorous imprisonment for a term which shall not be less than five years, but which may extend to ten years, and shall also be liable to fine.
If the capital of a business is 230000, liabilities are 50000, loss 80000, then asset will be?
Under AS 6, which of the following cannot be considered a method of depreciation?
A vehicle purchased for ₹8,00,000 has an estimated useful life of 5 years and a residual value of ₹1,00,000. Using the Straight-Line Method, the dep...
There are certain expenses that may be in the nature of revenue but their benefit may not be consumed in the year in which such expenditure has been inc...
Which method of depreciation is NOT recognized by the Companies Act, 2013?
A plant was purchased on 1st April 2021 for ₹5,00,000. Depreciation is charged at 15% p.a. under the WDV method. On 1st October 2023, the plant was so...
If a firm has been changing its depreciation policy every year, it is violating the_______ concept/principle of accounting.
Under the Written Down Value (WDV) method, depreciation is:
Which of the following is NOT a method of charging depreciation?
Machine cost ₹10L, useful life 5 years, scrap value ₹1L. Using sum-of-years-digits method, depreciation for year 2 = ?
