In case f recoupment of shortworking, the lessee: Sol:

Related MCQs

• Recoupment of shortworking can be restricted or unrestricted Sol:
• Recoupment is always necessary in royalties Sol:
• Shortworking means…… Sol:
• Shortworking can be recouped only out of ……………….. Sol:
• Shortworking not recouped is debited to P/L Account Sol:
• Shortworking is Excess of Minimum Rent over Actual Production Sol:
• Lessee is the………… Sol:
• In the books of Lessee , short working recovered amount is debited to Sol:
• Royalty is an income to lessee Sol:
• Short working is a type of taxes paid by the lessee Sol: