who is our chief president
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What is capital reserve and how it is formed?
Sir, I request you to please solve my problem as given below- One Corporate is having Manufacturing unit and Trading unit also. That corporate prepared joint Balance sheet & Profit & Loss account. As given below - Corporate 1 2 Manufacturing Unit Trading Division Annual Profit by sale of product Annual profit by sale of Product Manufactured with the help of out sourced from open market for Fixed Assets ( Land,Building,Plant & Rs.150 Crs and sold for Rs.200Crs. Machineries of Rs.100 Crs. Net Profit – Rs. 5 Crs. Net Profit -Rs. 50 Crs. Total Income by clubbing both - Rs.55 Crs. But – that Corporate can avail depreciation Rs. 5 Crs only and rest amount of depreciation may be forwarded to next year. Because depreciation is meant for actual uses of Fixed assets. Otherwise Corporate used to increase the value of assets by over billing just to get benefit of depreciation from the income . Income from trading may be manipulated easily but not from manufacturing.
why are the laws are so phophorus?
mention different sources through which preliminary expences can be write off,if co. is incurring losses can still preliminary exp. can be write off
how to prevent corporate lootings and frauds? is there any mechanism available besides the legislative frameworks stipulated by SEBI OR CL AFFAIRS?
what is commerce
What do you mean by Prelimnery Expenses ? How do you Account for? Can it be Written Off? How?
CASE STUDY (i) A invites B to a dinner party. B accepts the invitation. A made elaborate arrangements but B failed to turn up. Can A sue B for the loss he has suffered? (ii) On the other hand, if B went to the venue for the dinner party. To his surprise he finds that no dinner Arrangement has been made. B had spent a certain amount to reach the venue. Can B sue A for the loss he (B) has suffered? (iii) A sees a rare book displayed in a shop. It is labeled “First Edition Rs.15” A enters the shop and puts Rs. 15 on the counter and asks for the book. The book- seller does not agree to sell saying that the Real price of the book is Rs.50 and that it had been marked Rs.15/- by mistake. Is the book seller Bound to sell the book for Rs.15/- (iv) On the 5th of a month A makes an offer to B by a letter which reaches B on the 6th On the 7th B posts his letter of acceptance. Meanwhile, on the 6th a posts a letter to B revoking the offer. On seeing it B sends a telegram to A on the 8th confirming the acceptance given through his letter on the 7th Discuss the legal effects of the three letters and the telegram. Note: Assignment should consist of about 200 words per case-let. I.e. totally 800 words (about 4 pages) for the Entire case study. Questions: Q1. Introduction of the subject being discussed and the principle enunciated in the Law. Q2. Enumerate the facts of the decided case on the point. Q3. Explain the decision pronounced by the Court of Law in each of these cases.
insider trading
sir if a bank declares NPA on one property and auctioned in bank auction even though the said subject is there in DRT and the Loanee got adverse order and filed the same with ADRT and got permitted to pay the amount and paid the amount to the Bank. sir now the question is will the loanee has to pay the interest to the bank during the NPA declared date to to the date of repayment of the Loan amount.
What's the difference between a civil and criminal case?
Which one of the following Bills must be passed by each House of the Indian Parliament separately,by special majority ?
2 Answers UPHJS Uttar Pradesh Higher Judicial Service,
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