**Case Scenario - I** Gray Ltd. is engaged in the business of constructing towers since 15 years. Alpha Ltd gave a contract to Gray Ltd. for construct
X Ltd. has entered into a binding agreement with Beta Ltd. to buy a custom-made machine for ₹ 2 lakhs. During the year 2024-25 X Ltd has to change its
ABC Ltd. is in the business of creating contents for various OTT platforms. The company has developed a technical know-how (the asset) by incurring ex
**Case Scenario - II** Health India Limited (HIL), incorporated under the Companies Act, 2013, is engaged in the production and distribution of medici
X Ltd. sold Plant & Machinery having WDV of ₹60 lakhs to Y Ltd. for ₹75 lakhs (Fair value of ₹75 Lakhs) and the same plant was leased back by Y Ltd. t
**Case Scenario - III** Following information is given by Z Ltd as on 31st March 2025: Particulars ₹ in lakhs Share Capital Equity shares of ₹ 10 each
Past Ltd. had the following items under the head "Reserves and Surplus" the Balance Sheet as on 31st March 2025: (Amount in lakhs) Securities Premium
During the process of Internal Reconstruction, JAY Ltd has come across the following adjustment: There is a contingent liability for which no provisio