A and B share in the ratio of 3:2. C is admitted as a partner and given 1/5th share. The ratio of sacrifice will be
A and B share profit in the ratio 3:2. They admit C, 1/5th share from A, then new profit sharing ratio will be
P,Q,R and S were partners sharing profits in the ratio of 5:4:3:1. Q and R retire from the firm. The new ratio is
Income of a newly setup business from 1st November 2015 to 31.3.2016 is assessable in the Assessment Year
Dearness allownce is taxable incase of
Valuation of Goods under the Customs Act is dealt under