Income Tax: Introduction The tax statutes in India: Income Tax Act‚ 1961 Income Tax Rules‚ 1962 Amendments made by Finance Acts decisions of Supreme Court decisions of respective High Court decisions of Income Tax Appellate Tribunals Notifications and circulars issued by Central Board of Direct Taxes (CBDT) Assessee 2 (7) “assessee” means a person by whom any tax is payable and includes— • A person by whom any tax
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NATURE OF POWER OF TAXATION - Joliever Villanueva Hi Folks. Good morning! I’m Joliever Villanueva. for those who don’t know my names co’z I don’t know your names too. Well’ going to discuss is about the NATURE OF POWER OF TAXATION. - But First I want you to know the meaning of Sovereignty. Sovereignty in tagalong is Karapatang Mamahala. But how it relates to taxation? - because. 1. The power of taxation is inherent in Sovereignty‚ it is essential or important to the existence
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Cache Level 2 SHC 21 1.1 Communication is an important part to everyday living‚ there are many reasons why people communicate‚ these are not only done verbally but also non-verbally. Communication can be achieved by listening‚ questioning‚ understanding and responding. The use of facial expressions‚ and body language are a key part of communication with others. Communication should always be used to form and maintain good relationships not only with the children‚ and parents but also with
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India in 21st centuries Our country has made tremendous progress after independence and we have very optimistic picture of it. If we compare the progress of these four decades with the country that India was at the close of the 19th century‚ we would wonder at the difference.The present country has achieved great success in economics‚ trade‚ industry‚ education and science. And now we can presume that India will surely occupy an important position in the world in 21st century. The day is not far
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A Federal Governing system is one in which the powers of government are divided between a central government and several local governments. An authority superior to both the central and local governments makes this division of powers on a geographic basis; and that division cannot be changed by either the local or national level acting alone. Both levels of government act directly on the people through their own sets of laws‚ officials‚ and agencies. In federalism‚ there is a written constitution
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Business Taxation 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
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Unit 21 5.4. Legal duties and obligations around PPE The Personal Protective Equipment at Work Regulations 1992 These regulations seeks to ensure that where the risks cannot be controlled by other means‚ [ Personal Protective Equipment (PPE) is correctly selected and used. The Regulations do not apply where requirements are detailed in other regulations e.g. respirators in the Control of Substances 5.5. It is the responsibility of employees to: Ensure that they take reasonable care to protect
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Taxation Task one (A)(i) Mice Ltd property business profit for the year 31 March 2010 is £20‚550 Period ended Year ended Year ended 31 March 31 March 31 March 2007 2008 2009 £ £ £ Trading profit 83‚200 24‚700 51‚200 Property business profit 2‚800 7‚100 12‚200 Gift aid donations (1‚000) (1‚500) – (ii) The company profits at the period 31march 2007 is £65‚000. Also the company profits at 31 March 2008‚ is £24800 for nine month with
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Parliamentary Taxation prompted rebellion in the colonies because England was deciding what taxes the colonies will pay to them‚ without talking to the colonies and knowing what the colonies made or how much they could afford. Restriction of civil liberties was a problem because England would not allow the colonies to appoint a governor for themselves out of the colony citizens. British Military measures became a problem because they started enforcing English law on the colonies by using the military
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Northwest and Western airlines‚ from our group view Delta cannot make the service better than FedEx did because FedEx has already establish and the hub itself for distribution of cargo has many in word include Asia and Europe. QUESTION 2 Firstly‚ Federal Express may maintain the capacity in order to keep up with China’s growth by implement the customer relationship management strategy (CRM). This is because each of the customers has different type of requirements and demands. Federal Express
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