According to Section 45 (1)‚ any profits or gains earned by assessee during the previous year on the transfer of capital asset are called Capital Gains. The amount will be taxable under the head ‘Capital Gains’. There must be tree essential elements of capital gains are: A. Capital Assets B. Transfer of Capital Asset; and C. There must be profits or gains on such transfer‚ which will be known as capital gain (A). CAPITAL ASSETS Capital assets mean all types of assets either fixed or floating‚ movable
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Joey Cecil Stephen Leacock CI Ms.Kautsky Bodybuilding‚ Gain or Pain Joey Cecil Friday January 16‚ 2014 Body Building‚ Pain or Gain Bodybuilding is one of the fastest growing sports in the world it is one the hardest sports to participate in because of the demand it asks of your body. This era is the era of fitness‚ people are obsessed with how they look. They all want to look good so they all start going to the gym to
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sell the shares for her‚ use the proceeds for personal expenses‚ and thinks nothing further about her transactions. What issues does she face when she prepares her Federal income tax return? Sheila needs to treat the sale of her shares as a capital gain because she had the stock for investment purposes‚ and not as inventory (Hoffman‚ 2013‚ p 16-6--16-7). 3. Alison owns a painting that she received as a gift from her aunt 10 years ago. The aunt created the painting. Allison has displayed the painting
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International Economics : Section A Q 1 첫째Explain with the aid of community Indifference curve and the production possibility frontier how a country an gain from international trade. 둘째. What other possible gains from trade are there other than the “gain for exchange” and gains from specialization.”? 첫째 The gain from international trade between countries can simply be clarified by the aid of Community Indifference Curves and the production possibility frontier as follows. The production
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CHAPTER 3 Interdependence and the Gains from Trade Microeconomics N. Gregory Mankiw Premium PowerPoint Slides by Ron Cronovich © 2009 South-Western‚ a part of Cengage Learning‚ all rights reserved PRINCIPLES OF In this chapter‚ look for the answers to these questions: Why do people – and nations – choose to be economically interdependent? How can trade make everyone better off? What is absolute advantage? What is comparative advantage? How are these concepts similar? How are they
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History Capital Gains Tax (CGT) was introduced on the 20th September 1985‚ prior to which there was no formal CGT. Any capital gain before this date is not subject to CGT. ▪ Between 1985 – 1998: the relevant legislation was under PTIII‚ subdivision A of the ITAA36 (7-020) The statutory provisions in operations between 1985-1998‚ PtIIIA ITAA36‚ was criticised for being too complex‚ having unfair outcomes‚ and for distorting commercial decisions. When the Tax Law Improvement Project in 1994
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Dated: 15th April‚ 2013 Introduction This research paper is about power‚ power gain and power lose. What is the effect on people’s behavior when power increase and decrease. In this research paper four experiments are taken. These experiment were design to investigate the effect of power lose and power gain and to test the specific proposition that in exchange interaction‚ people will ask more than self’s when they gain power but that they will not ask less for them self’s when they lose power. Power
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MICROWAVE RADIO SYSTEMS GAIN System Gain * Gs is the difference between the nominal output power of a transmitter (Pt) and the minimum input power to a receiver (Cmin) necessary to achieve satisfactory performance; * Must be greater than or equal to the sum of all gains and losses incurred by a signal as it propagates from a transmitter to a receiver * In essence‚ system gain represents the net loss of a radio system‚ which is used to predict the reliability of a system for a given
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NO VAIN - NO GAIN: The Concept of Metrosexuality by: jorelle frank robles Mammals are animals that have hair‚ are warm-blooded‚ and nourish their young with milk. Some modern-day mammals include People‚ Humans. Like the other forms of mammals and animals‚ humans are perceived as the most intelligent form of animal‚ they groom themselves to attract a mate. But the evolution of technology has influenced humans to take beautification in order to attract other people into a higher level. Modern
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Power: Ways to Gain and Maintain It Power is a way for people control and dominate others; it takes a lot of work to maintain and use effectively. It can take years‚ or possibly seconds to gain power of others. It all depends on the how you create that power‚ and who you are using it against. In William Shakespeare’s play The Merchant of Venice most of the characters spend the whole time trying to gain and maintain power. The play is about a Jewish moneylender named Shylock lending money to a merchant
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