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Many societies in the subcontinent did not follow the social rules and rituals prescribed by the Brahmanas.It may be noted that The Companies Act does not prescribe any format for the profit and loss account.But it is considered risky and so, with the exception of a few business, the prescribed ratio is limited to 2: This, ratio is also termed as Leverage Ratio .This status is granted to a firm on its achieving a prescribed average export of performance in past select years.While dividends are tax free in the hands of shareholders, the company has to pay tax on dividends declared at the prescribed rate which is termed as 'Corporate Dividend Tax' and a provision has to be made thereof.According to Income Tax Act 1961, a company must deduct income tax at a prescribed rate from the interest payable on debentures if it exceeds the prescribed limit.In order to indicate to the government that untouchability was still being practised and in the most hideous manner, Dalit groups demanded new laws that would list the various sorts of violence against dalits and prescribe stringent punishment for those who indulge in them.He sold cats and dogs and monkeys; he dealt in fish food and bird seed, prescribed remedies for ailing canaries, and displayed on his shelves long rows of ornate and gilded cages.However, if, after adjustment of income and expenses the balance in specific or Special fund is negative, it is transferred to the debit side of the Income and Expenditure Account or adjusted as per prescribed directions.According to Income Tax Act 1961, a company must deduct income tax at a prescribed rate from the interest payable on debentures if it exceeds the prescribed limit.According to Income Tax Act 1961, a company must deduct income tax at a prescribed rate from the interest payable on debentures if it exceeds the prescribed limit.But the Articles of the company can prescribe the manner in which the transfer of shares will be made.According to section 211 of The Companies Act, the balance sheet shall be prepared in a prescribed format, depict true and fair view of financial position and follow general instructions for preparation of balance sheet under the given headings with notes at the end.According to Income Tax Act 1961, a company must deduct income tax at a prescribed rate from the interest payable on debentures if it exceeds the prescribed limit.The unequal social order, prescribed by orthodox Hinduism, was not widely accepted in these areas.
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