diversity of our society today. The law in Britain has sought to recognize marriage as a contract or a status symbol. Although civil partnership act provides same-sex couples with similar legal rights that are given to spouses‚ the symbolic significance of not allowing same-sex marriage is far greater than the legal consequence. Cynics will argue that by not allowing same-sex couples the label
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Contents INTRODUCTION 2 EXECUTIVE SUMMARY 3 1.1 OVERVIEW OF THE INCOME TAX ACT 4 1.2 TYPES OF INCENTIVES AND ITS EFFECTIVENESS (Income Tax Act) 5 1.3 ARTICLE ON INCOME TAX ACT 7 2.1 OVERVIEW OF THE DOUBLE TAX AGREEMENT 8 2.2 TYPES OF INCENTIVES AND ITS EFFECTIVENESS (DTA) 9 2.2.1 Tax Credit Relief 9 2.2.2. Tax exemption 9 2.2.3. Reduced tax rate 9 2.2.4. Relief by deduction 10 2.2.5. Tax sparing credit 10 2.3. SCENARIO OF GRANTING TAX RELIEF UNDER DIFFERENT METHODS 11 2.4. ARTICLE
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Every partner has some rights in the partnership firm and in the same manner; each partner is liable jointly and severally for all the acts of the firm done by him while he is a partner in a partnership firm. The firm is liable to the same extent as the partner‚ for the loss or injury caused to any third party or any penalty is incurred‚ by his wrongful act or omission of a partner acting in the ordinary course of a business of the firm or with the authority of his partners. When a firm acting
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INSTRUMENTS ACT‚ 1881 The Negotiable Instruments Act was enacted‚ in India‚ in 1881. Prior to its enactment‚ the provision of the English Negotiable Instrument Act were applicable in India‚ and the present Act is also based on the English Act with certain modifications. It extends to the whole of India except the State of Jammu and Kashmir. The Act operates subject to the provisions of Sections 31 and 32 of the Reserve Bank of India Act‚ 1934. Section 31 of the Reserve Bank of India Act provides
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THE MRTP ACT 1969 The Competition Act 2002 considers the modern issues of globalization and WTO besides the shortcomings of the now repealed MRTP Act 1969. But the success of the Compititon Act 2002 depends on the identification and determination of anti-competitive agreement. The MRTP Act‚ 1969 The MRTP Act‚ 1969‚ aims at preventing the concentration of economic power in order to avoid damage. The act allows for the probation of monopolistic‚ unfair and restrictive trade practices. This results
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The Legal Features of Sole Proprietorship‚ Partnership and Corporation Submitted by: Darius Immanuel D. Guerrero BAP 3A February 28‚ 2012 Sole Proprietorship A sole proprietorship is a business entity that is totally inseparable from its single owner. The law treats the business and the owner as the same. Because of this‚ all liabilities are taken for the owner. The owner does not pay income tax separately for the business‚ but reports the business income or losses on his/her individual income
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Rupert is the partnership relationship or not ‚first we need to define what is the partnership? A partnership is the relationship between persons who carry on a business together in common with the view of making a profit. First of all we should consider‚ Is there any valid agreement between the parties? In this case‚ Jason‚ Tom and Rupert have no partnership agreement. The partnership agreement can be oral but it is recommendable to put the agreement in writing because a partnership is a contractual
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WORKING IN PARTNERSHIP (H2) Unit 5 Table of Contents Task 1: Explain the concepts of partnership in a range of health and social care services Explain the concept of partnership Page 3 Investigate partnership relationships across a range of health and social care services Page 5/6 Task 2: Review existing practices of partnership at service user‚ professional and organisational level Research developments in working in partnership for a range of different
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The Trans-Pacific Partnership Agreement (TPPA) is the biggest trade agreement in history‚ making up about 40 percent of the global economy with a projection of almost $30 trillion. Other than being the biggest trade agreement‚ TPPA is described as a secretive and multinational ‘free trade’ agreement lead by United States. The agreement is currently‚ be negotiated between 11 countries‚ which are Malaysia‚ New Zealand‚ Australia‚ Brunei‚ Chile‚ Peru‚ Singapore‚ Vietnam‚ Japan‚ Mexico‚ and Canada. The
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The Sedition Act of 1798 For the first few years of Constitutional government‚ under the leadership of George Washington‚ there was a unity‚ commonly called Federalism that even James Madison (the future architect of the Republican Party) acknowledged in describing the Republican form of government-- " And according to the degree of pleasure and pride we feel in being republicans‚ ought to be our zeal in cherishing the spirit and supporting the character of Federalists." Although legislators had
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