section 122-A of negotiable Instrument Act, 1881, provides for evocation of bankes authority to pay a cheque drawn on him by his customer, narrate the circumstances under which this authority is revoked.
"banking company means any company which transact the business of banking". elucidate, what is the business of banking as elaborated in the banking companies ordinance, 1962?
if accendent happaned of car & container. the containar escape after heatting to car but car driver dont have driving licence so it will clame for insurance or not & is required FIR for insurance claim????????????????1237
What are the penalties if the director of Company is bringing the cash of Rs. 10,00,000/- into the company for its preoperative expeses as unsecured loan.1399
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.1281
what are disadvantages of corporate guarantee over bank guarantee?1 7439
can a bill discounted be endorsed without acceptance .1176
can you please explain me the process of endorsing a bill of exchange with example for better understanding,as it is also said that it can be endorsed without acceptance too. i am still not clear with this concept. i tried many wesited but they just give on sentence answer whch am not able conceptuallly understand. I did found the previous answer posted regarding bills of exchange which were very comprehensive and easy to understand. it would be great if i get my doubt cleared..thanks in advance1257
what is the full form of poto, tada, and gujkok1 8753
What is Dividend Balancing?1 14810
I want study LAW course through lawcet. Can any on tell me the profession(work) of this field? Is there any advatages/disadvatages? Is there any improvement in future?1 2802
what is contract management
Difference between insurance contract and general contract?
without vat/tax invoice, a company can take credit in case of purchase.& why ?
i was born on 7th may 1990... i'm from andhra pradesh do i have the right to vote in the coming april elections?? what is the cut off date this time???
I have appeared for llb 1st year in the year 1994. I got 45 marks in 4 subjects but that time passing marks was 50 so can i get exemption of those subject in current year
can any one tell me how to get usa address using passport number or social security number.Please help me This is urgent
How to Vouch Purchase Invoice for the purpose of CENVAT
i am in B.A 2nd year from ignou univercitu by corespondce is it possible to join a law after my graduation. and how much time it will take
Lots of legislation includes phrases like "beyond reasonable doubt"- what does this actually mean?
IN EXCISE,CAN A SECOND STAGE DEALER PASSON EXCISE LIKE A FIRST STAGE DEALER?
in which country did the parliamentary form of democracy originate ?
You are request to reply these quieries, are below mentioned statement are true? (1) Deduction in respect of maintenance including medical treatment of a dependent who is person of disability shall be allowed to a non resident in India. (2) Only 35% of income from growing and manufacturing of rubber is liable to tax. (3) A business loss can be setoff against income from speculation business but loss in respect of speculation business can only be set-off against income of another speculation business. (4) Remuneration received by Member of Parliament are taxable under the head “profit and gains from business or profession. (5) Zero coupon bond shall be treated as “short term capital asset” if held for more than 12 months but not more than 36 months.
SIR, our client is carrying business It is a ASSOciation of individuals.Can you say whether it is a AOP or BOI.my doubt is that AoP includes persons for a common purpose But according to I>T act PERSON includes individuals also
How would you have coped if, a week before that deadline, you had been told that it had been brought forward by three days?
i am a vat & cst registered dealer in Jaipur, if i transfer a goods to delhi branch shoul i have to pay cst 2%?