Soil and Soil Variability: Soils are very important from the point of view of agriculture, as they are the main ingredient which are important for the purpose ...

Land Utilization: All land is not available for agricultural use. There are various alternative uses to which land can be put to and many of the uses of land ...

Every businessman maintains accounts but he invariably thinks that auditing is a luxury. Auditing of accounts is a sheer wastage of time and money. Let us ...

The following points, show the relationship/difference between routine checking and vouching: The auditor verifies the arithmetical accuracy of the entries ...

The verification of assets implies an inquiry into the value ownership and title existence and possession the presence of any charge on the assets. Joseph ...

Auditor Responsible for Verification: It is the duty of an auditor to report in concrete terms that the Balance Sheet exhibits a true and fair view of the ...

Rights of a Bank: Right to close the account: The bank has the right to close the account if it is not operated properly by sending a written intimation to ...

Allocable Surplus : "Allocable surplus" means: In relation to an employer, being a company (other than a banking company) which has not made the ...

Wages : Wages means all remuneration (whether by way of salary, allowances, or otherwise) expressed in terms of money or capable of being so expressed ...

Section 8 provides criteria for the eligibility for bonus. Every employee receiving salary or wages upto 10,000 per month and engaged in any kind of work ...