PERSONAL COPY/ NOT FOR SALE OR CIRCULATION (Session 2012-13) INTRODUCTION HISTORY OF INCOME-TAX: 1. India’ trust with income tax dates back to 1859 when James Wilson‚ Finance member in the Council of India‚ came to the country to establish the tax structure‚ a new paper currency and to remodel the finance system. 2. A bill imposing tax on profits from property‚ professions‚ trades and offices was passed by the Legislative Council of India. It received the assent of the Governor General on July
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University of Central Punjab * Assignment: Income tax return filling * Presented to: Prof Imran Shehzad * Presented by: Sami Elahi * Registration number: L1F11MCOM2077 * Date: 12-01-2013 Question (Case study) Tax year 2013 Mr. Sami is employee of a private company with following emoluments’. * Basic salary 60‚000 PM * Medical allowance 8‚000 PM * House rent allowance
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NATIONAL INCOME Definition: According to Alfred Marshall‚ National Income is the labour and Capital of a country‚ acting on its natural resources‚ produced annually a certain net aggregate of commodities and in materials including services of all kinds. This is the net annual income or revenue of the country or the true national dividend. According to A.C.Pigou “ The national income dividend is that part of the objective income of the community‚ including‚ the income derived from aboard
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1. a.) Contribution per CD unit: Unit Selling Variable Costs $9.00 1.25 - .35 1.00 = $6.40 $6.40 b.) Break-even volume in CD units and dollars: ($275‚000 + 250‚000) / 6.40 = 82‚032 units 82‚032 * $9.00 = $738‚288 to break even c.) Net profit if 1 million CD’s sold: 1‚000‚000 * 6.40 = 6‚400‚000 6‚400‚000 525‚000 = $5‚875‚000 d.) Necessary
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Comparison of poems ’Refugee Blues’ and ’You Will Be Hearing from Us Shortly’ The poem ’Refugee Blues’ is written by W.H. Auden‚ an Anglo-American poet. ’You Will Be Hearing from Us Shortly’ is written by U.A. Fanthorpe. Both the poems discuss about the prejudice and discrimination through the use of tone and language. W.H.Auden particularly deals with topics about moral and political issues. ’Refugee Blues’ deals with the abuse of human rights experienced not only by the German Jews‚ but by
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CHAPTER 12 RETAILING AND WHOLESALING MULTIPLE CHOICE QUESTIONS 1. _____________ is all the activities involved in selling goods or services directly to final consumers for their personal‚ nonbusiness use. a. Wholesaling b. Discounting c. Merchandising d. Retailing Answer: (d) Difficulty: (1) Page: 435 2. All of the following are examples of nonstore retailing EXCEPT: a. selling by mail. b. selling jewelry in a clothing store
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Clarification of terms Calendar Important Formats Statement of Financial Position – Sole Trader Statement of Changes in Equity – Sole Trader Ledger Accounts – Key Statement of Comprehensive Income – Sole Trader Control Accounts Format Key to the Bank Reconciliation Statement Manufacturing Account Appropriation Account – Partnership Current Account - Partnership Statement of Financial Position – Partnership Appropriation Account – Company Accounts Statement of Financial Position – Company Accounts
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Introduction Before executing any survey a researcher should ask himself few questions in particular: * why you are asking the questions * who the results are for * what you expect to find from the answers * how you are going to analyse the data when you get them If you reflect on these questions‚ it will be easier to compose more appropriate‚ accurate questions that provide useful findings. This reflection should also help to understand which method will be the most appropriate for
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Thesis Format Guide Format Advisor Research Center © 2011 Thesis Format Guide This guide has been prepared to help graduate students prepare their research papers and theses for acceptance by Jinan University. The regulations contained within have been updated and‚ in some cases‚ clarified for the benefit of students‚ faculty advisors‚ departments‚ the Format Advisor and the Faculty of Graduate Studies. Any questions about the contents of this guide should be directed to the
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1.2 What is the difference between an annual report and a 10-K report? An annual report although could be consider as shorter version of 10k but the key difference lies in approach and intention of reporting‚ meaning with what point of view the document is prepared an annual report is persuasive in nature and persuade investors to invest with the corporation‚ printed on a glossy paper with attractive graphic and contains management spin‚ management could chose the level of detail to be provided
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