Agriculture Income Sec 2 (1A) of income tax 1961 act agriculture income means 1) Any rent or revenue derived from the land which is situated in India and used for agriculture activities. 2) Any income derived from such land by the agriculture person or by the process employed to make agriculture produce which can be fit for sale in the market. 3) Or any other income derived from any building provided that the: a) Building is on or on the immediate next to the agriculture land.
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initially arose some 150 years ago in the context of the doctrine of constructive notice. The doctrine of constructive notice of a company’s public documents was‚ of course‚ abolished prospectively. The rule was partly dictated by practical necessity - persons contracting with a company were not expected to spend their time checking that any required resolutions had properly been passed‚ at meetings that had been correctly convened‚ by directors whose appointments had been duly made. The rule in Turquand’s
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2012 and later updated by Notification No. 45/2012- Service Tax released on 07-08-2012‚ w.e.f. 1st July‚ 2012‚ modifications have been made on certain taxable services with respect to their rate of tax liability arising on the person providing the service and the person receiving the service. In other words‚ in respect of certain taxable services‚ the current service tax rate of 12.36% will be distributed between the service provider and the service receiver‚ and both shall be liable for their portion
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First person point of view is most often easier to read than other narrative styles because it shows the main character’s perspective. When a story is told in first person the reader can feel as if they are talking directly with the narrator. Writing in other styles of point of views would take away the connections between the narrator and the reader. Therefore‚ Salinger writing The Catcher in the Rye‚ in first person gave the reader a better connection to the book‚ if Salinger didn’t write in
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you realize what the theme is in this story. The first thing that brings out the theme is the point of view from which the story is told. The narrator‚ who is the husband‚ talks from a first person point of view. Although‚ we being the readers of the story learn the valuable thematic lesson‚ the person that it is
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Tuesday‚ 5 March 2013 Themes in Destroying Avalon 1. Define the term ‘theme.’ * Underlying message portrayed/explored by the composer in any body of work. * Composer’s intended message. Theme | Elaboration | Evidence (technique) | Explanation | Link to social issue | The negative influence of social hierarchy | Unequal distribution of power determines status‚ whether it be in a group or society. | (Pg 48) “Alice and the bitches rule the school … [A group]… B group
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Corporate Personality Reading: Law of Companies in Hong Kong – 3.001-3.072 Overview Company is a legal person different from its members Doctrine of separate legal entity of a company constitutes one of the major conceptual foundations of company law. Under this doctrine‚ the company is a different person altogether from the members of the company. The company itself is a legal person. As a separate legal entity separate from its members‚ the company has its own rights and liabilities which are not
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Denmark today. After the Christianists took down Pusher Street‚ the debate has only gotten bigger. Marihuana is legal for medical purposes in Colorado‚ US‚ and fully legal in the Netherlands. However‚ despite cannabis being legal in Holland‚ only residents can legally buy it‚ and before doing so‚ they need to acquire a so-called “weed pass”‚ which they have to apply for and only is legal for people over the age of 18. In Canada‚ the Liberals want to legalize‚ regulate‚ and restrict access to the drug
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Formation of Companies Introduction Associations of persons can take numerous forms. When discussing associations set up for the purpose of conducting trade‚ one considers three principle forms of partnership; partnership en nom collectiff; partnership en commandite and limited liability companies‚ with the latter being the most popular choice. A company is formed by the registration of certain documents with the Register of Companies as per article 76 (1). In instances of public or private companies
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Friedman: The purpose of a business is to maximize profits while adhering to law and ethics. Primarily‚ this argumentation is based on the notion that corporations‚ as legal persons‚ cannot have responsibilities like natural persons. Secondary‚ Friedman’s argumentation is based on the principle of ownership and employment. By not complying with the duty of serving the owners’ interest (maximum profit)‚ a manager would allocate resources artificially and arbitrarily. This spending would be unjust
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