CAPITAL GAINS According to income tax act 1961 ‘capital gains’ is the fourth head of income. Any profit or gains arising from the transfer of capital assets during the P.Y. shall be chargeable to income tax under the head capital gains and shall be deemed to be the income of P.Y. in which the transfer took place. Thus from a plain reading – Profits or gains earned on the sale of capital assets by an assessee during the P.Y. is called as capital gains. Meaning of Capital Asset: Capital asset means
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What do you think a hero is? Well in my eyes Margaret Mead is a true hero because even when it was hard for woman back then to get a college degree she still managed to get her bachelor’s degree‚ M.A.‚ and Ph.d degrees. She went to polynesia to study how cultural differences influenced child rearing. She was a very independent and determined person. One of her quotes is “Never doubt that a small group of thoughtful‚ committed citizens can change the world. Jimmy Carter announced that he was awarding
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What behavior(s) would (do) you need to improve? How many times have you felt bad because of not liking your behavior? How many times have you blamed yourself for not being better? Each one of us has experienced such a moments but the problem is when the unwanted behavior becomes a routine part of our daily lives. Personally a behavior that makes me feel bad and I would like to improve would be controlling my mood. My moods can change due to recent happenings‚ but can also be the result of past
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This is a well-known proverb already about related life-style. A period of pain in exchange of a period of enjoyment in future‚ supported by what is gained‚ life seems like a constant repitition of exchanging‚ or investing‚ to put it in other ways. No wonder there has been prevailing idea that people would labour hard in their youth and leave themselves smelling the flowers when they’ve accumulted enough wealth or get old.Nevertheless‚ success depend a little bit too much on money and origins. There´s
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"no pain‚ no gain." Well‚ what does it really mean? To some men‚ it means that if you don’t suffer‚ then you’re not going to get anything or get anywhere. Well‚ this is partly true. My own interpretation is this: The Pain If you are the type of guy who stuff’s his feelings and pain of any kind‚ emotional or otherwise‚ then you are a "pain-avoider" and the "no pain‚ no gain" approach doesn’t really work for you. You’re saying might be "No pain‚ No pain‚ No pain." But unfortunately you will still
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What do you mean by Data Center Services? Data Center Services is an umbrella term used to describe services which create‚ execute‚ enhance or maintain a data center for an organization. Basically‚ data center services include all the facilities related to IT components and activities. It can involve software‚ hardware‚ personnel and processes. Types of Data Centers Enterprise Data Centers Previously‚ enterprises built their own data centers on their own sites. However‚ building private data centers
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1What do I do now? I remember it as if it was yesterday; my first college application‚ something that I had been waiting for my whole life. I worked so hard in school and pushed myself in order to be able to get accepted into a University. Throughout my whole body I felt goose bumps‚ I do not know why I was feeling this way. Maybe it was because I was scared that I would not get accepted in any University‚ and that would mean everything I had been working for would go down the drain. I knew I had
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Do you believe in ghosts? Ghosts‚ a hypothetical subject widely opened to the skepticism of us humans. In reference to Wikipedia‚ the definition of ghosts is “a ghost is the soul or spirit of a deceased person or animal that can appear‚ in visible form or other manifestation‚ to the living.” In my opinion‚ ghosts do exist. Of course they do. The existence of ghosts can be proved by unexplainable paranormal activities. Nevertheless‚ they have a strong connection with religions‚ explaining the
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8 | The MBA Decision - A Case Study | | Question 1 Ben Bates is 28 years old and expects to work for another 40 years. This tells us that he would retire at the age of 68. However‚ if Ben decides to enroll in an MBA program‚ the following things would happen * He would incur a cost for his higher education (for two years at Wilton University and for one year at Mount Perry College) * He would not receive a salary during the time that he is enrolled in his MBA program‚
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Explain the gains from trade and the implications for trade negotiations Trade is the transfer of goods and services from one person or entity to another in return for something in exchange from the buyer. The fundamental force that drives trade is David Ricardo’s law of comparative advantage; that is‚ the ability of an individual or group to carry out a particular economic activity (such as making a specific product) more efficiently than another activity. One country cannot have a comparative
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