The Protection of Children from Sexual Offences (POCSO) Act, 2012 falls short of achieving its intended objectives. Comment.

Linked PYQ

(a) The Balance Sheets of S Ltd. at 31st March, 2012 and 31st March, 2013 are as under (Rs.): Equity and Liabilities: Share Capital 50,000 (2012) / 70,000 (2013); General Reserve 5,000 / 8,000; Profit and Loss A/c 10,000 / 15,000; Creditors 15,000 / 19,000; Bills Payable 4,000 / 5,000; Outstanding Expenses 1,000 / 500; Total 85,000 / 1,17,500. Assets: Building 50,000 / 80,000; Machinery 8,000 / 12,000; Stock in Trade 5,000 / 7,500; Debtors 20,000 / 15,000; Cash and Bank Balance 2,000 / 3,000; Total 85,000 / 1,17,500. Following further information is available: (i) Depreciation of Rs. 5,000 on building and Rs. 2,000 on machinery has been charged for the year 2012-2013. (ii) A machine costing Rs. 1,200 was sold on 1st April, 2012 for Rs. 800. Depreciation of Rs. 700 was provided on the same upto 31st March, 2012. Prepare classified cash flow statement for the year ended on 31st March, 2013.