Synopsis This book has incorporated in it the latest developments in this subject. The present edition is an attempt to provide the whole subject in a simple, lucid and comprehensive manner. This book is fashioned as a flexible tool for the teachers and students of B.Com., B.B.A., M.Com., M.B.A., C.A., C.S., and I.C.W.A., of our country. Research scholars, teachers and professionals can also find this book beneficial because each and every aspect is specifically presented and discussed in detail through ample examples.