The 'Dividend' is paid on: MCQ with Answer and Explanation

Explanation:
The Single Nodal Agency (SNA) model ensures states operate a single account for each Centrally Sponsored Scheme to prevent idle float of funds.

Explanation:
The cash system violates the matching principle because it does not match the revenues of a specific period with the expenses incurred to generate them.

Explanation:
Section 122 provides penalty of ₹10,000 or tax amount, whichever higher, for not issuing invoice.