Accounting And Bookkeeping For Business And Management 13 October

INCOME TAX OF INDIA AFTERSCHO☺OL – DEVELOPING CHANGE MAKERS CENTRE FOR SOCIAL ENTREPRENEURSHIP PGPSE PROGRAMME – World’ Most Comprehensive programme in social entrepreneurship & spiritual entrepreneurship OPEN FOR ALL FREE FOR ALL

INCOME TAX OF INDIA Dr. T.K. Jain. AFTERSCHO☺OL Centre for social entrepreneurship Bikaner M: 9414430763 [email_address] www.afterschool.tk , www.afterschoool.tk

CONDITIONS FOR CLAIMING EXEMPTIONS UNDER 10 BA ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Pankaj Baid ji gets advance salary for the month of April, May 2009 in March 2009 itself. When will it be chargeable to tax? ,[object Object]

Pankaj Baid ji gets salary of March 2008 in May 2008. When will it be chargeable to tax? ,[object Object]

Pankaj Baid ji gets profit in a business (although he is an employee), how will it be chargeable to tax? ,[object Object]

[object Object],[object Object],[object Object],[object Object]

Solution ,[object Object],[object Object],[object Object]

[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Solution ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Solve it : housing property .. ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Solution … ,[object Object],[object Object],[object Object],[object Object]

In the previous question, compute the value of the perquisite if company has taken this accommodation on a lease rent of Rs.1,200 p.m. and bhugariji is required to pay a rent of Rs.1,000 p.m. to the company, for the use of this accommodation. ,[object Object]

Solution ,[object Object],[object Object],[object Object],[object Object]

If Bhugari ji were govt. employee, what would have been taxable? ,[object Object],[object Object],[object Object],[object Object],[object Object]

Perquisites. ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Solution .. ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Solution … ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Find what is taxable and why? ,[object Object],[object Object]

Solution ,[object Object],[object Object],[object Object],[object Object],[object Object]

Taxability … ,[object Object],[object Object],[object Object]

The company gave her a ring worth Rs.14,900 on his 22 nd birthday on 10.10.2007. ,[object Object],[object Object]

She made purchases of Rs.12,000 on her credit card. The amount aiong with the annual fees of Rs.2,000 was paid by the company. ,[object Object],[object Object]

Ramesh’s son Is allowed to use a motor cycle belonging to the company. The company had purchased this motor cycie for Rs.60,000 on 1.5.2004. The motor cycle was finally sold to him on 1,08.2007 for Rs.30,000. ,[object Object],[object Object],[object Object]

Ramesh is provided with a motor car which is used for both official and personal purpose by ths employee. The running and maintenances charges fully paid by empioyer Rs.36,000 ,[object Object],[object Object]

The company pays the telephone bills of Rs.18,000 for the telephone installed at Sarika’s residence ,[object Object],[object Object]

Baid ji’s accommodation in hotels while touring on official duties met by employer Rs. 20,00,000 ,[object Object],[object Object]

Value of lunch provided by the employer during office hours. Cost to the employer Rs. I 2,000. ,[object Object],[object Object]

free electricity. Cost to the employer is Rs.10,000 Professional Tax paid by Sarika is Rs.2,000. ,[object Object],[object Object]

Determination of housing value.. ,[object Object],[object Object],[object Object],[object Object],[object Object]

Solve it ,[object Object],[object Object]

Solution… ,[object Object],[object Object],[object Object],[object Object]

Solution.. ,[object Object],[object Object],[object Object],[object Object],[object Object]

[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

[object Object],[object Object]

ABOUT AFTERSCHO☺OL ,[object Object]

Why such a programme? ,[object Object],[object Object],[object Object],[object Object]

Who are our supporters? ,[object Object],[object Object]

About AFTERSCHO☺OL PGPSE – the best programme for developing great entrepreneurs ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Workshops from AFTERSCHO☺OL ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Flexible Specialisations: ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Salient features: ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Components ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Pedagogy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Basic values at AFTERSCHO☺OL ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

www.afterschoool.tk social entrepreneurship for better society

Accounting And Bookkeeping For Business And Management 13 October

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Accounting And Bookkeeping For Business And Management 13 October