SUGGESTED ANSWER FOR IPCE MAY 2013 TAXATION By CA Parasuram Iyer Contact: 9028518367 capkiyer@yahoo.com 1(a) Computation of Income of Mrs Rani for the Assessment Year 2013-14 PARTICULAR AMOUNT Income Under the Head Salary Income Under the Head House Property Income Under the Head Profits & Gains from Business or Profession (W.N.1) Income Under the Head Capital Gain Income Under the Head Other Sources (W.N.2) 3‚21‚000/34‚000/- GROSS TOTAL INCOME 3‚55‚000/30‚000/- TAXABLE
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Case 9 Horniman Horticulture 1. The financial performance of a company can be determined by analyzing different financial ratios. The Horniman’s company financial performance looks strong and healthy if one looks at their 2005-projected financial summary net profit of 60.8 thousand dollars. Also they have a steady growth and increase from 2002 to 2004 in their revenue‚ profits and assets. In addition‚ Exhibit 2 demonstrates that all but one financial ratio supersede the benchmark for other horticultural
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Case 10 Aspeon Sparkling Water‚ Inc. Capital Structure Policy CASE INFORMATION Purpose This case‚ which in all aspects is identical to Case 9‚ illustrates the capital structure decision for a firm that starts with zero debt. Either Case 9 or Case 10‚ but not both‚ should be assigned. The primary analytical tool is valuation analysis‚ although the case briefly introduces the Modigliani and Miller (MM) with corporate taxes and Miller models. The case also illustrates financial
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Solutions for Baby Dumping Problem Nowadays‚ baby dumping cases always an issue at newspaper‚ magazine and also internet. Every day‚ the numbers of baby dumping cases increase and these cases can worry us. We cannot imagine there are people who are willing the baby dumping and them leave their babies die at place that we cannot imagine like dustbins‚ rivers and travelling bags. They do not feel their behaviour is wrong because they throw their own babies‚ while the animals still loved their
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Academic Honesty Academic honesty is important in academics at any level. There are two main reasons for keeping academic integrity intact and they are to stop students from misrepresenting others works as their own and to cite original works giving the source the proper credit. It is important for students to understand the impact that dishonesty has on the educational process. It is also an integrity issue that encompasses the faculty and students as a whole. Academic honesty is the responsibility
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Case Study Summary 1. What are du Pont ’s competitive advantages in the TiO2 market as of 1972? How permanent or defensible are they? What must du Pont do to retain its competitive advantages in the future? 2. Given the forecasts provided in the case‚ estimate the expected incremental free cash flows associated with du Pont ’s growth strategy and maintain strategy for the TiO2 market. How much risk and uncertainty surround these future cash flows? Which strategy looks most attractive?
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“An organization is a place with definite goals and objectives. It has several people working to achieve those goals. Some work at a smaller level‚ while some work at a higher level. However‚ everyone works for the development of the organization. Planning‚ organizing‚ managing‚ controlling and sustaining are the keys to organizational growth and development. At the departmental level‚ all these tasks are done by the supervisory level people and the junior management. But‚ who is the person taking
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Starting college life is far from difficult; in fact it is fun starting a new way of life. Life without the constant objections from your parents and annoyance from your little sibling is one of the many advantages you gain from college. Cancelled classes‚ late night parties and deleterious amounts of food make college enjoyable; however‚ this can lead to weight gain. "Freshman 15" is not a myth and although you may not be unfortunate enough to gain 15 pounds‚ you might gain some weight. To shun
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1. What are UPS “Smart Labels?” What role do they play in UPS operations? UPS “Smart Labels” is a computer-generated shipping label that you can create using your personal computer. One of the key elements of the smart label is the barcode. Role they play in UPS operations are provide customer information for shipping which makes for faster and more reliable shipping. The label is scanned at each part of the shipment and delivery so that the customer can track their packages and it’s accounted
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Date: July 16‚ 2012 U.S Congress Washington DC 20510 Dear Legislators: It is said by most scholarly articles and books they over 50 percent of marriages in the US end in divorce. Although this may not be the truth for some marriages‚ it is no secret that the California and even national divorce rate is at an all time high. Divorce is also the main cause of the degradation of the modern American family. Divorce can have lasting effects on all parties involved. It is a lasting and trying situation
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