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Law Question for Today:- With regards to the contract of agency, which of the following statement is incorrect? a) A person who is a major can appoint minor as an agent. b) If an agent happens to be a person incapable of contracting, the principal cannot hold the agent liable. c) No consideration is necessary to create an agency. d) The acceptance of the office by an agent is not a sufficient consideration for the appointment .

Hi all Full syllabus Test of Income Tax will be conducted 2moro as per the schedule

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Law Question for Today:- If X bails his ornaments to Y and specifically instructs Y to keep them in a bank, but Y keeps these ornaments in his own locker at his house along with his own ornaments. After two days, all the ornaments are lost/stolen in a riot then who will be responsible for the loss? a) X would be responsible for his loss b) Y would be responsible for the loss to X c) Both X and Y will share the loss equally d) Y will not be responsible for the loss to X

Law Question for Today:- Vinay and Sanjay made a name reservation application accompanied by requisite fee to the Registrar for forming a new private company. The Registrar accorded its approval for reservation of most preferred name Vinanjay Softwares Private Ltd. on 7th July, 2018. By which date necessary documents for incorporation of the company must be submitted to the Registrar so that the reserved name does not get lapsed. a) Latest by 20th July, 2018 b) Latest by 27th July, 2018 c) Latest by 4th August, 2018 d) Latest by 4th September, 2018

Trying to get it uploaded ASAP

Hi all There will be slight delay in uploading of Test No. 9 Income tax scheduled for today

Law Question for Today:- Adani Enterprises Limited has its shares listed on a recognized stock exchange in India. During the current financial year ending on 31st March 2020, the securities and exchange board of India (SEBI) has found some irregularities in the filings made by the company. Accordingly, SEBI proposes to make an application to the Tribunal for reopening of the books of accounts of the Company. You, as an expert, are called upon by SEBI to advise with which last financial year for reopening of books of accounts an application can be made? a) 2015-2016 b) 2013-2014 c) 2010-2011 d) 2011-2012

Hi all Admit cards for May/June exams are out...You can download them from icai exam website All the Best

Last Part of Income tax Marathon has been made public Chapters covered in the marathon are as under:- 1) Income under Capital Gains 2) Taxation of Gifts 3) Clubbing of Income 4) TDS and TCS 5) AMT and Sec 115BAC

GST Question for Today:- Determine the time of supply of service on reverse charge basis in accordance with the provisions of CGST Act 2017 Date of invoice issued by supplier: 30th November 2021 Date of completion of service: 30th November 2021 Date of payment by recipient: 15th November 2021 Date of receipt of services in recipient's books: 30th November 2021 a) 30th November 2021 b) 15th November 2021 c) 30th January 2022 d) 15th January 2022