Deduction under section 33AB is allowable against composite income and not against only 40% of composite income- A case of un-necessary litigation by revenue in case of Tea Companies . Computation provision: Section 33AB is a provision relating to allowing deduction from business income. It falls under Part “D” of Chapter IV of the Income-tax Act‚ 1961. This part consists of various sections from section 28-44DB. As per section 29 the income referred to in section 28 shall be computed in accordance
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Income and Expenditure Approach Ways of Measuring GNP Gross National Product (GNP) is the sum of all the final market values of goods and servicesin a given economy at a given period of time. This is the quantitative summary of all transactions of goods and services transacted within the economy in a year. It measures only legal and registered transaction. Non produced transactions are not included such as second hand sale‚ transfer of payments and buy and sell. Gross domestic product (GDP) is
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Question No: 1 ( Marks: 1 ) - Please choose one The accounting definition of income is: ►Income = Current Assets -Current Liabilities ►Income = Fixed Assets - Current Assets ►Income = Revenues - Current Liabilities ►Income = Revenues - Expenses pg 17 Question No: 2 ( Marks: 1 ) - Please choose one What would be the capital spending for an organization who has purchased fixed assets of Rs. 200‚000 and sold fixed assets of Rs. 45‚000? ►Rs. 245‚000 ►Rs. 200‚000 ►Rs.1 55 ‚ 0 0 0 ►Rs. 45‚000
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Individual Stock report: Google Inc. (GOOG) Chao ZHANG Description of the company Business & Relevant history Google Inc. (NASDAQ: GOOG) is an American multinational corporation which provides Internet-related products and services‚ including internet search‚ cloud computing‚ software and advertising technologies. Advertising revenues from AdWords generate almost all of the company’s profits The company was founded by Larry Page and Sergey
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fund this growth internally? How much would working capital need to be reduced and/or profit margin increased? What step do you recommend the company take? 4. How would your answer to question 3 changes if Dell also purchased $ 500 million of common stock in 1997 and repaid its long term debt? Dell’ s Working Capital Assignment 1 Questions to assignment 1. How Dell was’s working capital policy a competitive advantage? 2. How did Dell fund its 52% growth in 1996? 3. Assume Dell’s sales
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conducted. Issues in management practices‚ like conflict of interest‚ can be raised from this debacle. Madoff developed a culture of individualism and arrogance that silenced any insurgence. His communication and manipulation skills helped him generate income for himself‚ while keeping any suspicion of fraud away. Formal control mechanisms and transformational leadership skills may have avoided such an unethical attitude. Madoff’s scam has been impacting several charities‚ private investors as well as
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Characteristics of Myself Kerri Larson Organizational Behavior Southern Institute of Technology Personality can be defined by the characteristic patterns of thoughts‚ feelings and behaviors that “determine how an individual reacts to and interacts with others” (Nancy‚ Robbins‚ & Judge‚ 2014‚ p. 42). It is very important as it helps define what type of person you are. An individual’s characteristics play a large role when it comes to understanding one another. These patterns make every individual
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Master Thesis Electrical Engineering November 2011 Security Techniques for Protecting Data in Cloud Computing Venkata Sravan Kumar Maddineni Shivashanker Ragi School of Computing Blekinge Institute of Technology SE - 371 79 Karlskrona Sweden i This thesis is submitted to the School of Computing at Blekinge Institute of Technology in partial fulfillment of the requirements for the degree of Master of Science in Software Engineering. The thesis is equivalent to 40 weeks of full time studies.
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The Wm. Wrigley Jr. Company: Capital Structure‚ Valuation‚ and Cost of Capital Wm. Wrigley Jr. Company is a well-known leader that manufactures confections such as gums‚ mints‚ hard and chewy candies‚ lollipops‚ and chocolates. The company was founded in 1891 and its headquarters is based in Chicago‚ Illinois. It has operations in over 40 countries and distributes many of its world famous brand such as Double mint‚ Extra‚ Skittles‚ Orbit to more than 180 countries. Investment strategy of Blanka
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250 Part B: 2‚280 1 Part A: Chinese Stock Exchange Market and Efficiency 2 Table of Contents TABLE OF CONTENTS ............................................................................................................................... 3 INTRODUCTION .......................................................................................................................................... 4 I. 1. 2. OPERATION AND ACTIVITIES OF CHINESE STOCK EXCHANGE MARKET .........................
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