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
Premium Bond Property
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
Premium Muscle Bodybuilding Nutrition
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
Premium Tax Income tax Asset
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
Premium Economics Microeconomics
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
Premium Economics International trade Comparative advantage
are effective enough. Although some of these weight loss programs could be effective‚ our lifestyles do hinder any weight loss progress. If you have been trying weight loss programs to no success‚ here are a few weight loss tips to consider‚ which will no doubt help you out. 1. Avoid fast foods Fast foods are the main culprits to weight gain. Factory manufactured foods have preservatives in them‚ as well as saturated fats that cause weight gain. When you consume fast foods‚ you expose your body
Premium Nutrition Obesity Dieting
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
Premium Gender Male Sex
In life loss and the uncertainty of specific identity are two things that everyone faces‚ whether it be losing a family member‚ or a part of themselves as an individual or struggling with their cultural identity and finding their true self. All six poems I am going to explore share the themes of loss and identity. The first poem I will be considering is Grace Nichols’ “Island Man”. In this poem Grace Nichols shows the themes of loss and identity by describing both of the cultures in which the
Premium English-language films Poetry Life
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
Free The Merchant of Venice Shylock Portia
actions to acquire power for their personal gain. The drive of Macbeth to gain power will ultimately be his down fall. William Shakespeare presents how leaders will do anything to gain power. Macbeth has to alleviate powers of others to maintain power over the kingdom. The desire for Macbeth to gain power involves the type of conflict‚ characterization‚ and the plot. For Macbeth to seek power he must first free himself from the powers of others to gain power over others. The first type of conflict
Premium Macbeth English-language films Macbeth of Scotland