INCOME TAX NOTES Residential Status and Incidence of Tax According to Section 5 of the Income Tax Act the scope of total Income of an assessee depends on his residential status.On the basis of residential status assessee are classified under the following two categories: 1. Resident 2. Non-resident. As per as resident individuals and Hindu Undivided Families are concerned‚ they can be further divided into two categories: 1. Ordinarily Resident 2. Not ordinarily Resident. Residential
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about income inequality. It is global income inequality is increasing. Besides that that’s is more information about measurement for the income inequality The relationship between the income inequality and economic growth Technological change and globalisation partly on income inequality‚ Way to reduce the income inequality‚ Causes of income inequality‚ and High income inequality gap-Latin America. Mostly it is all about the income inequality in this assignment is telling about the income inequality
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Gatsby most of the characters are only seen for their status in society‚ a good example is Gatsby because everyone sees him as a rich and mysterious man. I believe social status should not matter at all to anyone. I believe Fitzgerald is in line with my thoughts on the topic. The characters that care most and or least about social status are Nick‚ Tom‚ and Gatsby. Nick Caraway‚ one of the only characters to not care about their social status is Nick because he is more down to earth. He has a simple
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Introduction The income smoothing literature has been the centre of attention in the accounting world for the past few decades. When companies experience economic turbulence due to a poor performance year‚ they turn to the accounting management department to resolve the bottom line. A strategy that managers can approach is changing the true information content of the company. As a result this has led managers to resort to smoothing their income. Many questions have been raised whether or not it
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Definition of Tax “Taxes are compulsory payment to government without expectation of direct return in benefit to the tax payer” According to section 2 (62) of the ITO (Income Tax Ordinance) 1984: “Tax means the income tax payable under ordinance and includes any additional tax‚ excess profit tax‚ penalty‚ interest‚ fees or other charges leviable or payable under this ordinance.” Characteristics of Tax i. Tax is a payment to the government by the people. ii. Payment of taxes is non-penal
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History Income tax levels in India were very high during 1950-1980‚ in 1970-71 there were 11 tax slabs with highest tax rate being 93.5% including surcharges. In 1973-74 highest rate was 97.5%. But to reduce tax evasion tax rates were reduced later on‚ by "1992-93" maximum tax rates were reduced to 40%. [2][3] [edit]Residential status‚ Scope of taxable income & Charge [edit]Charge to Income-tax Whose income exceeds the maximum amount‚ which is not chargeable to the income tax‚ is an assesse
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particular perspective can be correct and in this case that would be the Euro-American perspective. If one were to analyze the reason for the subaltern status of Latinos‚ the answer would be quite simple. Latinos lie within what is considered to be a subaltern status because Anglo colonizers put them in that position. In this case subaltern status refers to living outside of the circle of hegemony. Stereotyping is often a useful tool during the process of putting down a whole people. Stereotyping
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Correlation Between Vitamin D Deficiency and Parkinson’s Disease Trisakti University of Medicine I Made Setiadji 030.09.114 Jakarta‚ June 14th 2012 Abstract A majority of Parkinson’s disease patients had insufficient levels of vitamin D. Parkinson’s disease (PD) is the second most common form of neurodegeneration in the elderly population. In PD‚ one’s levels of dopamine are lowered because the nerve cells which make the chemical have either died or lost their usual functioning. Clinically
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University of Central Punjab * Assignment: Income tax return filling * Presented to: Prof Imran Shehzad * Presented by: Sami Elahi * Registration number: L1F11MCOM2077 * Date: 12-01-2013 Question (Case study) Tax year 2013 Mr. Sami is employee of a private company with following emoluments’. * Basic salary 60‚000 PM * Medical allowance 8‚000 PM * House rent allowance
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Patton Stephen Graham Intro to Philosophy 11-7-2012 Ontological Status The purpose of this essay is to address the problem of the ontological status of the material world and review a number of possible solutions. The term “ontological” generally refers to the idea of reality or existence. All things have an ontological status. Even if we say something does not exist‚ we would still say that thing has the ontological status of non-being. Even things we are prepared to say are real in our eyes
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