Category: IC26 LIFE INSURANCE FINANCE – 04

Que. 1 : Q1) Paramar Group of Industries, which has a calender year accounting period, purchased a new machine for Rs.1,20,000 on I Apr’06. At that time, Parmer Group Assuming Straight-line depreciation, no depreciation in the year of acquisition, and a full year of depreciation in the year of withdrawal, the gain to be recognized at […]