MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Receipts and Payments Account

According to ...

Question

According to sub-section 2 of Section 182 of the Companies Act 2013, which of the following shall be regarded as contribution for political purpose?

A

Subscription given

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

Donation given

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

Expenditure incurred on advertisement/campaign

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

All of the above

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is D All of the above
As per section 182(2) of the companies act 2013 subscription or donation given, and expenditure incurred on advertisement/campaign of a political party shall be regarded as contribution for political purposes.

Suggest Corrections

thumbs-up

0

Similar questions

Q. Which one of the following financial institutions shall not be regarded as Public financial institutions as per section

2 (72)

of Companies Act

2013

?

Q. Which of the following shall be eligible for appointment as an auditor of a company, as per Section 141(3) of the Companies Act, 2013?

Q. Consider the following statements :
1. According to the Companies Act 2013, 'goods-in-transit' shall not be disclosed under the sub-head of inventories.
2. The new Company Act 2013 says that 'goods-in-transit' shall also be shown as an inventory.
3. New Company Act 2013 describes that the mode of valuation of 'goods-in-transit' shall also be disclosed.
Which of the above statement/s is/are correct?

Q. Which of the following shall NOT be eligible for appointment as an auditor of a company as per Section 141(3) of the Companies Act, 2013?

Q. According to the new provisions of the Companies Act 2013, 'Trade Receivables' shall be sub-classified in _________.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Financial Statements of NPO

ACCOUNTANCY

Watch in App

explore_more_icon

Explore more

Receipts and Payments Account

Standard XII Accountancy

Join BYJU'S Learning Program

CrossIcon