1) This document is a Form 16 issued by SABS Architects and Engineers Pvt Ltd to their employee Anil Kumar Sagar for the fiscal year 2012-2013.
2) It details the taxes deducted at source from Sagar's salary over four quarters totaling Rs. 40,000 and includes calculations of his taxable income and tax deductions.
3) Key information provided includes Sagar's gross salary of Rs. 769,049, taxable income of Rs. 525,066, and tax payable of Rs. 38,124.
This document is a Form 16 issued by an employer in India to an employee named Dipak Khatavkar for the assessment year 2013-2014. It summarizes the taxes deducted from the employee's salary of Rs. 360,000 over four quarters totaling Rs. 4,120. It also provides details of other income and deductions to calculate the total taxable income of Rs. 240,000 and a tax payable of Rs. 4,120.
The document provides information about a website that offers solved assignments for various courses, including details on connecting via Facebook, subscribing to receive assignments by email, and requesting specific solved assignments. It also includes a sample assignment question and answer from an accountancy and financial management course. The document aims to promote the website as a resource for students to access solved assignments.
- This document is a certificate under Section 203 of the Indian Income Tax Act of 1961 for tax deducted at source from the income of Lt Harjap Singh that is chargeable under the head 'Salaries'.
- It provides details of Lt Harjap Singh such as name, address, employer information, tax deduction and deposit amounts by quarter for the fiscal year 2011-2012.
- The certificate includes calculations of Lt Harjap Singh's gross salary, deductions, total income and final tax payable along with details of tax amounts deducted and deposited each quarter.
The document discusses adjusting entries for accounting transactions. It provides examples of adjusting entries for depreciation, supplies, prepaid rent, and unearned revenue. It also calculates book value of equipment and the adjusting entry needed for earned revenue that was initially recorded as unearned. Exercises are included for students to practice preparing adjusting entries.
The document contains questions related to accounting practices for various companies. It includes questions to create general ledgers, pass journal entries, show trial balances and financial statements for companies like Exchanger Services Pvt Ltd, Sagar Industries Ltd, Jakharia Computer Institute, and Daimand Infrasture Pvt Ltd. There are also questions on inventory management for companies like IBM Company and Sai Service & Motor Trader.
The trial balance provided is for Mr. A as of March 31, 2009 and includes 15 accounts with debits totaling Rs. 47,900 and credits totaling Rs. 47,900. It shows assets, expenses, liabilities, capital, and drawings for the period.
The document discusses accounting principles related to completing the accounting cycle. It includes objectives, a review of worksheets and closing books, exercises on adjusting entries, and sample adjusted trial balances. The exercises guide the preparation of adjusting entries, income statements, and owner's equity statements from accounting information.
1. The document contains questions that appear to be from an exam on business and accounting.
2. It includes 15 multiple choice questions covering topics like bank reconciliation statements, ratio analysis, break even analysis, and preparation of trading accounts.
3. The questions ask students to define terms, calculate values, explain concepts, and discuss the importance of working capital and budgetary control systems.
This document is a Form 16 issued by an employer in India to an employee named Dipak Khatavkar for the assessment year 2013-2014. It summarizes the taxes deducted from the employee's salary of Rs. 360,000 over four quarters totaling Rs. 4,120. It also provides details of other income and deductions to calculate the total taxable income of Rs. 240,000 and a tax payable of Rs. 4,120.
The document provides information about a website that offers solved assignments for various courses, including details on connecting via Facebook, subscribing to receive assignments by email, and requesting specific solved assignments. It also includes a sample assignment question and answer from an accountancy and financial management course. The document aims to promote the website as a resource for students to access solved assignments.
- This document is a certificate under Section 203 of the Indian Income Tax Act of 1961 for tax deducted at source from the income of Lt Harjap Singh that is chargeable under the head 'Salaries'.
- It provides details of Lt Harjap Singh such as name, address, employer information, tax deduction and deposit amounts by quarter for the fiscal year 2011-2012.
- The certificate includes calculations of Lt Harjap Singh's gross salary, deductions, total income and final tax payable along with details of tax amounts deducted and deposited each quarter.
The document discusses adjusting entries for accounting transactions. It provides examples of adjusting entries for depreciation, supplies, prepaid rent, and unearned revenue. It also calculates book value of equipment and the adjusting entry needed for earned revenue that was initially recorded as unearned. Exercises are included for students to practice preparing adjusting entries.
The document contains questions related to accounting practices for various companies. It includes questions to create general ledgers, pass journal entries, show trial balances and financial statements for companies like Exchanger Services Pvt Ltd, Sagar Industries Ltd, Jakharia Computer Institute, and Daimand Infrasture Pvt Ltd. There are also questions on inventory management for companies like IBM Company and Sai Service & Motor Trader.
The trial balance provided is for Mr. A as of March 31, 2009 and includes 15 accounts with debits totaling Rs. 47,900 and credits totaling Rs. 47,900. It shows assets, expenses, liabilities, capital, and drawings for the period.
The document discusses accounting principles related to completing the accounting cycle. It includes objectives, a review of worksheets and closing books, exercises on adjusting entries, and sample adjusted trial balances. The exercises guide the preparation of adjusting entries, income statements, and owner's equity statements from accounting information.
1. The document contains questions that appear to be from an exam on business and accounting.
2. It includes 15 multiple choice questions covering topics like bank reconciliation statements, ratio analysis, break even analysis, and preparation of trading accounts.
3. The questions ask students to define terms, calculate values, explain concepts, and discuss the importance of working capital and budgetary control systems.
1. The document contains questions asking to journalize transactions from various accounting assignments including journal entries, ledger accounts, trial balance, final accounts, and adjustments.
2. Journal entries are provided for starting a business, purchases, expenses, sales, and various other common accounting transactions over multiple periods.
3. Ledger accounts are to be prepared for stationery, capital, cash, purchases and other common accounts.
4. Trial balances are to be prepared from ledger account balances and adjustments.
5. Final accounts including trading account, profit and loss account, and balance sheet are to be prepared based on income statements, trial balances, and adjusting entries.
1,50,000
Professional tax: 10,000
Income from salary 72,18,000
Income from House Property
Particulars Chandigarh
Fair rent 20,00,000
Municipal valuation 15,00,000
Gross annual value 20,00,000
Municipal taxes paid 1,50,000
Net annual value 18,50,000
Deduction u/s 24 (30%) -5,55,000
Income from house property 12,95,000
The property is self occupied.
Income from Business/Profession
Particulars Amount
Retainership fees from BCCI 50,00
Income tax return preparation for school teacher(w.b. govt.employees) fy 10 11agm00786
This document provides salary and tax information for an employee for the financial year 2010-2011. It details deductions under section 80C, income from salary including allowances, bonus, and arrears. It also includes details of advance tax payments, total income, exemptions, and net tax payable. However, some fields are blank, indicating additional information is required to fully calculate the tax liability.
The document contains multiple choice questions and accounting problems related to government accounting. Problem 21-1 provides 12 journal entries for various financial transactions of a government agency. Problem 21-2 provides additional journal entries for the construction of a building and repairs. Problem 21-3 demonstrates journal entries for operating transactions. Problem 21-4 includes the statement of income and expenses and balance sheet of Agency VV for the year ended December 31, 2008.
A simple example of how to break out contract revenues, expenses and labor mandays to allow for better cash flow budgeting, scheduling and hiring decisions
This document outlines the scope of services and associated fees that Riskpro India Ventures Pvt Ltd will provide to startup companies at 91 Spring Board for the year 2013/14. It includes services related to company secretarial work, taxation, accounting, auditing, legal compliances, and RBI compliances for foreign direct investment. Fees range from Rs. 350 for a PAN application to Rs. 12,000 for incorporation of a public limited company. Recurring services like accounting and tax filing services are quoted at monthly or yearly rates.
The document provides information on several residential real estate projects. It includes details like the project name, builder name, project type, location, price and payment plans for properties like plots, villas, independent homes and apartments. Contact information for agents is also provided. The properties are located in cities like Delhi, Baghpat, Haridwar, Dehradun. Pricing and payment plan details including rates per square yard, total prices and schedules are given for the different project types.
1. The company must return the government grant of Rs. 5 crores received for the Doppler machines as 51% control has changed hands. This will increase the revised book value of the machines to Rs. 16.22 crores to be depreciated over the remaining useful life of 2 years.
2. For the leasehold premises, the cost includes refurbishment costs and is being treated as a finance lease. Depreciation of Rs. 5,000 will be charged on the premises over the lease period of 12 years.
3. Significant accounting policies include charging depreciation on written down value and classifying the lease as a finance lease based on the risks and rewards transferred to the company.
The document discusses set-off and carry forward of losses under the Indian Income Tax Act. It provides examples of computing total income for various assessees by setting off current year losses against income under the same head and carrying forward unabsorbed losses. It also illustrates how to set-off capital losses against capital gains and carry forward the unabsorbed losses. The document contains computational examples showing the set-off of losses from previous years against current year income under the same head and the calculation of gross total income.
1. Thackley Ltd's current assets and net current assets have significantly increased from 2005 to 2006, while fixed assets have decreased slightly.
2. Retained earnings have nearly tripled from 2005 to 2006, indicating strong profitability.
3. Ordinary share capital and share premium have increased to help finance the growth in assets and retained earnings.
4. Creditors due after one year (debentures) have decreased slightly from 2005 to 2006.
To analyze the changes, calculate key ratios such as current ratio, acid test ratio, gearing, return on capital employed and earnings per share for 2005 and 2006. This will
The document is an income tax form (Form 16) that provides details of tax deducted at source from an individual's salary. It includes:
- Identification information for both the deductee (employee) and deductor (employer)
- Details of the salary paid and taxes deducted on a quarterly basis
- A breakdown of the salary, deductions, total income and tax amount payable
- A certification from the deducting officer that taxes have been correctly deducted and paid to the government.
The document is a study guide for the CBSE Board Examination for Accountancy Class XII. It contains instructions for students on how to fill out the exam including writing their code number on the answer booklet. It also provides an overview of the exam structure which has 3 parts: Part A is compulsory and covers Accounting for Partnership Firms and Companies, while students can choose to attempt either Part B or Part C. The document then provides sample questions and answers for Part A of the exam.
The document outlines the standard steps to start a business in India, which include obtaining necessary registrations and licenses from various government agencies. Some key procedures are:
1) Obtaining a Director Identification Number online in 1 day for INR 100.
2) Reserving the business name with the Registrar of Companies in 2 days for INR 500.
3) Stamping company documents like Memorandum of Association at the State Treasury in 1 day for INR 1,300.
The process takes about 30 days and costs around INR 15,000 to incorporate a business and obtain necessary registrations in Mumbai. Requirements vary slightly across states.
Canty International designed a new wall covering called Decoline to meet the needs of Bryant Inns. Decoline has an innovative techno-fabric covering cemented to a bamboo fiber core, with an estimated 10 year service life. The case analyzes pricing strategies for Decoline, considering costs, market testing, and educating customers on the product's long lifespan to justify its price. It recommends using a cost of ownership pricing method to show customers the product's value over multiple purchases of competitors' products.
The document provides model answers for a cost accounting exam, including fully worked examples and summaries of the main points expected for each question. It also includes helpful hints for candidates on certain questions or exam technique. The model answers are intended to help teachers and candidates understand the standard required and as an aid for exam success.
Lizard Ltd. requires a statement of cash flows for the year ended June 30, 2010. Information is provided from the balance sheet, income statement, and notes on property, plant and equipment. The statement of cash flows will need to account for cash flows from operating, investing and financing activities such as the sale of a piece of plant equipment, purchase and sale of other assets, changes in current assets and liabilities, borrowing, dividends received and paid.
This document provides instructions and questions for a summer exam on business laws. It includes 8 questions covering topics like alternate dispute resolution, contract law, partnership law, sale of goods act, company law, and more. Candidates are instructed to answer all questions in the 3 hour exam and additional reading time is provided.
1. Mr. Ganesh's taxable income would vary depending on his residential status - as a resident and ordinarily resident all incomes listed would be taxable in India except interest received in France. As a resident but not ordinarily resident, foreign incomes would be exempt. As a non-resident, only India-sourced incomes would be taxable.
2. To calculate Mr. Viren's taxable salary income for AY 2011-12, his salary, pension, leave encashment and gratuity amounts would be included, assuming he is not covered by the Payment of Gratuity Act.
3. To calculate Mr. Ramesh's house property income for AY 2011-12, his net
The document provides model answers and guidance for the LCCI International Qualifications Cost Accounting Level 3 exam, including reproducing exam questions, summarizing expected answers, and providing additional helpful hints. It is intended as a teaching tool to help teachers, candidates, and centers prepare for the LCCI exam and achieve a distinction grade. The general standard of the model answers aims to achieve a distinction level of response.
R7 Mba Financial Accounting And Analysis Set1guest3f9c6b
The document contains 8 questions related to financial accounting and analysis. Question 2 asks to prepare trading and profit & loss account and balance sheet from given balances. It involves various adjustments like providing for bad debts, depreciation, interest etc. Question 3 calculates difference in depreciation of plant & equipment under changing methods. Question 6 is about preparing funds flow statement from given balance sheets of 2 years. Question 7 involves calculating various elements from ratios and other financial data to prepare balance sheet.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive function. Exercise causes chemical changes in the brain that may help protect against developing mental illness and improve symptoms for those who already suffer from conditions like anxiety and depression.
The Social Innovation Safari was a two week (9-19 July 2013) immersive learning experience where designers, social workers, academics, entrepreneurs, researchers, and practitioners from around the world work together to solve real-life social issues. We used a problem-solving approach, which is collaborative, action-oriented, and inherently social. We worked on the messy, complex social issues that are in desperate need of both new approaches and new solutions. The Safari was a methodology for developing our collective problem-solving capabilities and skills.
In total four different societal cases were worked on. I have been part of a team working on the Dobbe neighborhood in Amsterdam, a neighborhood with many cultures, a lot of unemployment, poverty and different perspectives on how life in a good neighborhood should be.
1. The document contains questions asking to journalize transactions from various accounting assignments including journal entries, ledger accounts, trial balance, final accounts, and adjustments.
2. Journal entries are provided for starting a business, purchases, expenses, sales, and various other common accounting transactions over multiple periods.
3. Ledger accounts are to be prepared for stationery, capital, cash, purchases and other common accounts.
4. Trial balances are to be prepared from ledger account balances and adjustments.
5. Final accounts including trading account, profit and loss account, and balance sheet are to be prepared based on income statements, trial balances, and adjusting entries.
1,50,000
Professional tax: 10,000
Income from salary 72,18,000
Income from House Property
Particulars Chandigarh
Fair rent 20,00,000
Municipal valuation 15,00,000
Gross annual value 20,00,000
Municipal taxes paid 1,50,000
Net annual value 18,50,000
Deduction u/s 24 (30%) -5,55,000
Income from house property 12,95,000
The property is self occupied.
Income from Business/Profession
Particulars Amount
Retainership fees from BCCI 50,00
Income tax return preparation for school teacher(w.b. govt.employees) fy 10 11agm00786
This document provides salary and tax information for an employee for the financial year 2010-2011. It details deductions under section 80C, income from salary including allowances, bonus, and arrears. It also includes details of advance tax payments, total income, exemptions, and net tax payable. However, some fields are blank, indicating additional information is required to fully calculate the tax liability.
The document contains multiple choice questions and accounting problems related to government accounting. Problem 21-1 provides 12 journal entries for various financial transactions of a government agency. Problem 21-2 provides additional journal entries for the construction of a building and repairs. Problem 21-3 demonstrates journal entries for operating transactions. Problem 21-4 includes the statement of income and expenses and balance sheet of Agency VV for the year ended December 31, 2008.
A simple example of how to break out contract revenues, expenses and labor mandays to allow for better cash flow budgeting, scheduling and hiring decisions
This document outlines the scope of services and associated fees that Riskpro India Ventures Pvt Ltd will provide to startup companies at 91 Spring Board for the year 2013/14. It includes services related to company secretarial work, taxation, accounting, auditing, legal compliances, and RBI compliances for foreign direct investment. Fees range from Rs. 350 for a PAN application to Rs. 12,000 for incorporation of a public limited company. Recurring services like accounting and tax filing services are quoted at monthly or yearly rates.
The document provides information on several residential real estate projects. It includes details like the project name, builder name, project type, location, price and payment plans for properties like plots, villas, independent homes and apartments. Contact information for agents is also provided. The properties are located in cities like Delhi, Baghpat, Haridwar, Dehradun. Pricing and payment plan details including rates per square yard, total prices and schedules are given for the different project types.
1. The company must return the government grant of Rs. 5 crores received for the Doppler machines as 51% control has changed hands. This will increase the revised book value of the machines to Rs. 16.22 crores to be depreciated over the remaining useful life of 2 years.
2. For the leasehold premises, the cost includes refurbishment costs and is being treated as a finance lease. Depreciation of Rs. 5,000 will be charged on the premises over the lease period of 12 years.
3. Significant accounting policies include charging depreciation on written down value and classifying the lease as a finance lease based on the risks and rewards transferred to the company.
The document discusses set-off and carry forward of losses under the Indian Income Tax Act. It provides examples of computing total income for various assessees by setting off current year losses against income under the same head and carrying forward unabsorbed losses. It also illustrates how to set-off capital losses against capital gains and carry forward the unabsorbed losses. The document contains computational examples showing the set-off of losses from previous years against current year income under the same head and the calculation of gross total income.
1. Thackley Ltd's current assets and net current assets have significantly increased from 2005 to 2006, while fixed assets have decreased slightly.
2. Retained earnings have nearly tripled from 2005 to 2006, indicating strong profitability.
3. Ordinary share capital and share premium have increased to help finance the growth in assets and retained earnings.
4. Creditors due after one year (debentures) have decreased slightly from 2005 to 2006.
To analyze the changes, calculate key ratios such as current ratio, acid test ratio, gearing, return on capital employed and earnings per share for 2005 and 2006. This will
The document is an income tax form (Form 16) that provides details of tax deducted at source from an individual's salary. It includes:
- Identification information for both the deductee (employee) and deductor (employer)
- Details of the salary paid and taxes deducted on a quarterly basis
- A breakdown of the salary, deductions, total income and tax amount payable
- A certification from the deducting officer that taxes have been correctly deducted and paid to the government.
The document is a study guide for the CBSE Board Examination for Accountancy Class XII. It contains instructions for students on how to fill out the exam including writing their code number on the answer booklet. It also provides an overview of the exam structure which has 3 parts: Part A is compulsory and covers Accounting for Partnership Firms and Companies, while students can choose to attempt either Part B or Part C. The document then provides sample questions and answers for Part A of the exam.
The document outlines the standard steps to start a business in India, which include obtaining necessary registrations and licenses from various government agencies. Some key procedures are:
1) Obtaining a Director Identification Number online in 1 day for INR 100.
2) Reserving the business name with the Registrar of Companies in 2 days for INR 500.
3) Stamping company documents like Memorandum of Association at the State Treasury in 1 day for INR 1,300.
The process takes about 30 days and costs around INR 15,000 to incorporate a business and obtain necessary registrations in Mumbai. Requirements vary slightly across states.
Canty International designed a new wall covering called Decoline to meet the needs of Bryant Inns. Decoline has an innovative techno-fabric covering cemented to a bamboo fiber core, with an estimated 10 year service life. The case analyzes pricing strategies for Decoline, considering costs, market testing, and educating customers on the product's long lifespan to justify its price. It recommends using a cost of ownership pricing method to show customers the product's value over multiple purchases of competitors' products.
The document provides model answers for a cost accounting exam, including fully worked examples and summaries of the main points expected for each question. It also includes helpful hints for candidates on certain questions or exam technique. The model answers are intended to help teachers and candidates understand the standard required and as an aid for exam success.
Lizard Ltd. requires a statement of cash flows for the year ended June 30, 2010. Information is provided from the balance sheet, income statement, and notes on property, plant and equipment. The statement of cash flows will need to account for cash flows from operating, investing and financing activities such as the sale of a piece of plant equipment, purchase and sale of other assets, changes in current assets and liabilities, borrowing, dividends received and paid.
This document provides instructions and questions for a summer exam on business laws. It includes 8 questions covering topics like alternate dispute resolution, contract law, partnership law, sale of goods act, company law, and more. Candidates are instructed to answer all questions in the 3 hour exam and additional reading time is provided.
1. Mr. Ganesh's taxable income would vary depending on his residential status - as a resident and ordinarily resident all incomes listed would be taxable in India except interest received in France. As a resident but not ordinarily resident, foreign incomes would be exempt. As a non-resident, only India-sourced incomes would be taxable.
2. To calculate Mr. Viren's taxable salary income for AY 2011-12, his salary, pension, leave encashment and gratuity amounts would be included, assuming he is not covered by the Payment of Gratuity Act.
3. To calculate Mr. Ramesh's house property income for AY 2011-12, his net
The document provides model answers and guidance for the LCCI International Qualifications Cost Accounting Level 3 exam, including reproducing exam questions, summarizing expected answers, and providing additional helpful hints. It is intended as a teaching tool to help teachers, candidates, and centers prepare for the LCCI exam and achieve a distinction grade. The general standard of the model answers aims to achieve a distinction level of response.
R7 Mba Financial Accounting And Analysis Set1guest3f9c6b
The document contains 8 questions related to financial accounting and analysis. Question 2 asks to prepare trading and profit & loss account and balance sheet from given balances. It involves various adjustments like providing for bad debts, depreciation, interest etc. Question 3 calculates difference in depreciation of plant & equipment under changing methods. Question 6 is about preparing funds flow statement from given balance sheets of 2 years. Question 7 involves calculating various elements from ratios and other financial data to prepare balance sheet.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive function. Exercise causes chemical changes in the brain that may help protect against developing mental illness and improve symptoms for those who already suffer from conditions like anxiety and depression.
The Social Innovation Safari was a two week (9-19 July 2013) immersive learning experience where designers, social workers, academics, entrepreneurs, researchers, and practitioners from around the world work together to solve real-life social issues. We used a problem-solving approach, which is collaborative, action-oriented, and inherently social. We worked on the messy, complex social issues that are in desperate need of both new approaches and new solutions. The Safari was a methodology for developing our collective problem-solving capabilities and skills.
In total four different societal cases were worked on. I have been part of a team working on the Dobbe neighborhood in Amsterdam, a neighborhood with many cultures, a lot of unemployment, poverty and different perspectives on how life in a good neighborhood should be.
The document describes a 10-day workshop called "Light Through Culture" held in Ankara that brought together a multicultural and multidisciplinary team of students. The workshop involved lectures and exercises to design an interactive lighting installation to communicate cultural values. It explored topics like group dynamics, the design process, installation as a design research tool, experience design, understanding metaphors, and developing concepts. The goal was to create personal experiences that avoid stereotyping by taking multiple perspectives and using interactivity and engagement to create a vision of cultural values.
This presentation was given during the Kennisland Cocktail about social design. What is the added value of design for social innovation and what concrete design activities does the T+HUIS design organization perform? To conclude, the question was answered what Kennisland can do with design.
NACH Automation from bank's perspective - Useful for banks seeking automationBalaji Jagannathan
This presentation helps bankers have a high level understanding of how NACH is being pursued by NPCI in India and how to go about automation of NACH in your banks. It also helps you get an idea of what to look for in NACH automation and what may be coming in future towards NACH payments.
Simple set of slides with no heavy texts.
The document compares two lugaw stalls: Lugawan ng Bayan and Lugawan ni Long Hair. Both stalls source ingredients from wet markets and have similar daily expenses. However, Lugawan ni Long Hair's initial investment was higher as it includes other products. The stalls' preparation, cooking, and quality control processes are also similar aside from Lugawan ni Long Hair boiling the innards overnight. Both stalls aim to deliver affordable, hot lugaw with non-lumpy rice within 30 seconds to satisfy customers.
This document provides instructions for Organizational Behavior Assignment-2. Students must complete the assignment individually and submit a handwritten or typed report by April 8th, 2013. The assignment contains two questions. Question 1 asks students to analyze the leadership style of a business leader, compare it to leadership theories, and provide examples. Question 2 defines group cohesiveness, discusses factors that increase it and threats that decrease it, relating this to group effectiveness. The assignment is out of a maximum of 10 marks.
The document summarizes Thomas Friedman's book "The World Is Flat" which discusses how globalization in the early 21st century has leveled the global playing field for business. It identifies 10 "flatteners" such as outsourcing, offshoring, supply chaining, and digital technologies that have driven global integration. Friedman believes these forces created a new platform for global collaboration. The book also discusses remedies for American workers to adapt their skills and for the government to make job switching easier to compete in the new flat world.
1) This document is a Form 16 issued by HCL Technologies Ltd to Satwinder Singh, detailing salary and tax deductions for the fiscal year 2009-2010.
2) It shows a gross salary of Rs. 3,99,026, deductions of Rs. 88,048 under Section 80C, and taxable income of Rs. 2,35,970.
3) A total of Rs. 8,855 in tax was deducted from Satwinder's salary and deposited with the government. No tax is payable or refundable.
The document discusses methods for developing project cash flows over multiple time periods. It provides examples of calculating cash flows for various capital investment projects, including rental properties, industrial robots, machines, software, and equipment. Cash flows are estimated using income statements and depreciation schedules, then discounted to calculate metrics like net present value and internal rate of return. The examples illustrate how to model revenues, expenses, taxes and investment outlays to determine the financial feasibility of potential projects.
1. This document contains 10 questions related to various provisions of the Income Tax Act of 1961. The questions cover topics such as determination of residential status, income from house property, profits and gains from business/profession, clubbing of income, computation of salaries, capital gains, set-off and carry forward of losses, deductions from gross total income, and computation of total income and tax liability.
2. For each question, the respondent is asked to explain concepts, calculate taxable income/loss, or determine tax liability based on the financial information and details provided in the question. References are made to relevant sections of the Income Tax Act.
3. The overall document tests the respondent's understanding of key
The document summarizes key aspects of minimum corporate income tax (MCIT), improperly accumulated earnings tax (IAET), and general information tax (GIT) in the Philippines. It explains that MCIT is 2% of gross income imposed on domestic corporations starting in their 4th tax year of operations if their taxable income is zero or negative, or if MCIT is greater than normal income tax. Any excess MCIT paid can be credited against normal income tax over the next 3 years. It provides examples of journal entries recording MCIT payments and credits over multiple years for a sample corporation.
Dna Real Estate Pvt. Ltd. offers residential plots, flats or properties in Haridwar.
for more information visit our site: www.dnarealestate.in
www.dnarealestate.net
Abhinay Gupta
8860180009
The document provides the balance sheets for Amazon Ltd. as of December 31, 2008 and 2009. It asks to prepare a schedule of changes in working capital and a funds flow statement.
The schedule of changes in working capital shows that current assets increased by Rs. 10,400, while current liabilities decreased by Rs. 5,200, resulting in an increase in working capital of Rs. 12,000.
The funds flow statement shows that Rs. 40,000 was generated from operations, which was used to pay dividends of Rs. 16,000, increase investments by Rs. 2,000, and increase working capital by Rs. 12,000.
A first cut review of the Union Budget 2013, this presentation will give you quick highlights of the revisions that affect you.
Check out the companies and sectors that got positively influenced and the ones that didn't.
Get a view of how the budget fared in comparison to the pre-crisis period of before FY '08 to get a unique perspective on how the economy has fared.
Understand how the report states the Union budget looks like a credible and balanced budget in conclusion.
C:\Fakepath\17255final Old Sugg Paper June09 1guest510ed56
This document summarizes the key details from a multi-part question regarding the amalgamation of two companies, Agni Ltd. and Bayu Ltd, into a new holding company called Chandrama Ltd.
The summary provides:
1) A statement of purchase consideration showing the calculation of amounts owed to Agni Ltd. and Bayu Ltd. shareholders based on profits and net assets.
2) A balance sheet for the new holding company Chandrama Ltd. after acquiring Agni Ltd. and Bayu Ltd., showing shares issued as consideration.
3) Several working notes providing adjustments made to Bayu Ltd.'s financials to make them comparable to Agni Ltd., and calculations of net profits and assets
This document provides the financial statements for Prophecy Resource Corp. as of September 30, 2008. It includes a balance sheet showing total assets of $1,355,633 including cash, investments, and mineral property assets, as well as total liabilities of $105,053 and shareholders' equity of $1,250,580. It also includes statements of operations showing a net loss of $75,326 for the year, comprehensive loss, and deficit, as well as statements of cash flows showing cash used by operating and investing activities and provided by financing activities. Notes to the financial statements provide additional details on nature of operations, accounting policies, and related party transactions.
This document summarizes the income tax statement for Parijat Bhaumik for the 2012-13 financial year. It details his total income of Rs. 250,457 which includes basic pay, dearness allowance, bonus, and other income sources. It lists deductions of Rs. 14,560 under Section 80C. After deductions, his net taxable income was Rs. 235,750 and total income tax payable was Rs. 3,575.
The document is Illinois Tool Works Inc.'s quarterly report filed with the SEC for the quarter ending September 30, 2003. It includes the company's unaudited financial statements and notes. The financial statements show that for the quarter, ITW reported revenues of $2.5 billion, operating income of $426.7 million, net income of $268.9 million, and basic earnings per share of $0.88. For the nine months ending September 30, revenues were $7.4 billion, operating income was $1.2 billion, net income was $740.4 million, and basic EPS was $2.41.
This document is Illinois Tool Works Inc.'s quarterly report filed with the SEC for the quarter ending September 30, 2003. It includes Illinois Tool Works' statement of income, balance sheet, cash flows statement, and notes to the financial statements. For the quarter, Illinois Tool Works reported net income of $268.9 million on revenues of $2.531 billion. Total assets as of September 30, 2003 were $10.795 billion, with total stockholders' equity of $7.399 billion. Cash provided by operating activities for the first nine months of 2003 was $888.5 million.
Mike Weber from PGAV Planners presented on several topics related to TIF planning and closeout. He discussed the differences between property tax and sales tax TIFs, the importance of planning for TIF closeout by developing revenue and obligation projections. He also reviewed the process for distributing any surplus funds at the end of a TIF according to statutory requirements. Key questions around combining property and sales tax TIFs or handling revenue received after TIF termination were also discussed.
The audited financial statements summarize Prophecy Resource Corp.'s financial position as of September 30, 2009 and 2008, and its results of operations and cash flows for the years then ended. The auditors expressed an opinion that the financial statements present fairly the financial position of the company in accordance with Canadian generally accepted accounting principles. The company is a mineral exploration company that has not yet determined if its properties contain economically recoverable mineral reserves.
Prophecy Resource Corp. released unaudited interim financial statements for the period ended June 30, 2007. The statements included a balance sheet showing assets of $921,598 including cash of $461,966, mineral properties of $54,000, and deferred exploration costs of $279,716. The statements also showed a net loss of $30,744 for the quarter and $146,237 for the nine months ended June 30, 2007. Cash flow statements showed $103,812 used in operating activities for the quarter and $184,052 for the nine months.
The document is Illinois Tool Works Inc.'s Form 10-Q filing for the quarterly period ended June 30, 2003. It includes Illinois Tool Works' unaudited financial statements, including their statement of income and statement of financial position for the periods. The statement of income shows that revenues increased but net income decreased in the first six months of 2003 compared to the same period in 2002. The statement of financial position lists their assets, liabilities, and stockholders' equity as of June 30, 2003 and December 31, 2002.
This document is Illinois Tool Works Inc.'s quarterly report filed with the SEC for the quarter ended June 30, 2003. It includes Illinois Tool Works' statement of income, balance sheet, cash flows statement, and notes to the financial statements. The statements show that for the quarter, Illinois Tool Works had revenues of $2.56 billion, operating income of $454 million, net income of $276 million, and earnings per share of $0.90. As of June 30, 2003, Illinois Tool Works had total assets of $11.26 billion and stockholders' equity of $7.30 billion.
The document provides financial information for a company including total fixed costs of Rs. 4,500, total variable costs of Rs. 7,500, and total sales of Rs. 15,000. It asks to calculate the volume of sales needed to earn a profit of Rs. 6,000. It also gives partial income statements and calculations for working capital requirements and budgeting.
The document provides cash flow statements and projections for The Grape Leaf business over its first three years of operations. It shows beginning cash balances, monthly cash inflows and outflows categorized by operations, financing, and non-recurring expenses. Projections estimate annual revenue, costs, profits, and break-even points. Current assets include cash, inventory and fixed assets while current liabilities include wages and rent payables. The business projects profits in years two and three after an initial loss in year one as it establishes operations.
How to Add Chatter in the odoo 17 ERP ModuleCeline George
In Odoo, the chatter is like a chat tool that helps you work together on records. You can leave notes and track things, making it easier to talk with your team and partners. Inside chatter, all communication history, activity, and changes will be displayed.
This presentation includes basic of PCOS their pathology and treatment and also Ayurveda correlation of PCOS and Ayurvedic line of treatment mentioned in classics.
A Strategic Approach: GenAI in EducationPeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
The simplified electron and muon model, Oscillating Spacetime: The Foundation...RitikBhardwaj56
Discover the Simplified Electron and Muon Model: A New Wave-Based Approach to Understanding Particles delves into a groundbreaking theory that presents electrons and muons as rotating soliton waves within oscillating spacetime. Geared towards students, researchers, and science buffs, this book breaks down complex ideas into simple explanations. It covers topics such as electron waves, temporal dynamics, and the implications of this model on particle physics. With clear illustrations and easy-to-follow explanations, readers will gain a new outlook on the universe's fundamental nature.
Thinking of getting a dog? Be aware that breeds like Pit Bulls, Rottweilers, and German Shepherds can be loyal and dangerous. Proper training and socialization are crucial to preventing aggressive behaviors. Ensure safety by understanding their needs and always supervising interactions. Stay safe, and enjoy your furry friends!
How to Build a Module in Odoo 17 Using the Scaffold MethodCeline George
Odoo provides an option for creating a module by using a single line command. By using this command the user can make a whole structure of a module. It is very easy for a beginner to make a module. There is no need to make each file manually. This slide will show how to create a module using the scaffold method.
Introduction to AI for Nonprofits with Tapp NetworkTechSoup
Dive into the world of AI! Experts Jon Hill and Tareq Monaur will guide you through AI's role in enhancing nonprofit websites and basic marketing strategies, making it easy to understand and apply.
A workshop hosted by the South African Journal of Science aimed at postgraduate students and early career researchers with little or no experience in writing and publishing journal articles.
Main Java[All of the Base Concepts}.docxadhitya5119
This is part 1 of my Java Learning Journey. This Contains Custom methods, classes, constructors, packages, multithreading , try- catch block, finally block and more.
This presentation was provided by Steph Pollock of The American Psychological Association’s Journals Program, and Damita Snow, of The American Society of Civil Engineers (ASCE), for the initial session of NISO's 2024 Training Series "DEIA in the Scholarly Landscape." Session One: 'Setting Expectations: a DEIA Primer,' was held June 6, 2024.
How to Manage Your Lost Opportunities in Odoo 17 CRMCeline George
Odoo 17 CRM allows us to track why we lose sales opportunities with "Lost Reasons." This helps analyze our sales process and identify areas for improvement. Here's how to configure lost reasons in Odoo 17 CRM
it describes the bony anatomy including the femoral head , acetabulum, labrum . also discusses the capsule , ligaments . muscle that act on the hip joint and the range of motion are outlined. factors affecting hip joint stability and weight transmission through the joint are summarized.
1. Form No. 16
[See Rule 31(1)(a)]
PART A
Certificate under section 203 of the Income Tax Act, 1961 for tax deducted at source on Salary
Name and address of Employer Name & Designation of Employee
SABS ARCHITECTS AND ENGINEERS PVT LTD ANIL KUMAR SAGAR,
GH-14/1058, PASCHIM VIHAR, STUDIO MANAGER
NEW DELHI- 110063,
DELHI
PAN of the Deductor TAN of the Deductor PAN of the Employee
AAICS6118C DELS27230A AOGPK9955E
CIT (TDS) Assessment Year Period
Address From To
2012-13
City Pin Code 13/06/2011 31/03/2012
Summary of tax deducted at source
Receipt Number of original statements of Amount of tax deducted in Amount of tax deposited remitted
Quarter
TDS under sub-section (3) of section 200 respect of the employee in respect of the employee
Quarter1 - Rs. 0.00 Rs. 0.00
Quarter2 - Rs. 10,000.00 Rs. 10,000.00
Quarter3 - Rs. 15,000.00 Rs. 15,000.00
Quarter4 - Rs. 15,000.00 Rs. 15,000.00
Total Rs. 40,000.00 Rs. 40,000.00
PART B (Refer Note 1)
Details of Salary paid and any other income and tax deducted
1. Gross Salary
(a) Salary as per provisions contained in section 17(1) Rs. 769,049.00
(b) Value of perquisites u/s 17(2)(as per Form No. 12BA, wherever
applicable) Rs. 0.00
(c) Profits in lieu of salary under section 17(3) (as per Form No. 12BA,
wherever applicable) Rs. 0.00
(d) Total Rs. 769,049.00
2. Less: Allowance to the extent exempt under section 10 Rs. 182,680.00
Allowance Rs.
House Rent allowance Rs. 192,262.00 Rs. 175,000.00 Rs. 175,000.00
Conveyance allowance Rs. 7,680.00 Rs. 7,680.00 Rs. 7,680.00
Medical allowance Rs. 12,000.00 Rs. 0.00 Rs. 0.00
Rs. 0.00 Rs. 0.00 Rs. 0.00
Rs. 0.00 Rs. 0.00 Rs. 0.00 Rs. 182,680.00
3. Balance (1-2) Rs. 586,369.00
4. Deductions:
(a) Entertainment Allowance Rs. 0.00
(b) Tax on Employment Rs. 0.00
5. Aggregate of 4(a) and (b) Rs. 0.00
6. Income chargeable under the head "Salaries" (3-5) Rs. 586,369.00
7. Add: Any other income reported by the employee
(a) From House property Rs. 0.00
(b) From other sources Rs. 0.00
(c) Others Rs. 0.00 Rs. 0.00
8. Gross Total Income (6 + 7) Rs. 586,369.00
SureTDS Enterprise - Cynosure Technologies (P) Ltd.
2. 9. Deduction under Chapter VI-A
(A) Sections 80C, 80CCC and 80CCD
Gross Amount Deductible Amount
(a) Section 80C
(i) LIC Rs. 45,818.00
(ii) PPF Rs. 500.00
(iii) EPF Rs. 14,985.00
(iv) Rs. 0.00
(v) Rs. 0.00
(vi) Rs. 0.00 Rs. 61,303.00 Rs. 61,303.00
(b) Section 80CCC Rs. 0.00 Rs. 0.00
(c) Section 80CCD Rs. 0.00 Rs. 0.00
Note : 1. Aggregate amount deductible under section 80C shall not exceed one lakh rupees
2. Aggregate amount deductible under the three sections. i.e. 80C, 80CCC, 80CCD, shall not exceed one lakh rupees
(B) Other sections (e.g. 80E, 80G etc.) under chapter VI-A
Gross Amount Qualifying Amount Deductible Amount
(i) Section 80CCF Rs. 0.00 Rs. 0.00 Rs. 0.00
(ii) Rs. 0.00 Rs. 0.00 Rs. 0.00
(iii) Rs. 0.00 Rs. 0.00 Rs. 0.00
(iv) Rs. 0.00 Rs. 0.00 Rs. 0.00
(v) Rs. 0.00 Rs. 0.00 Rs. 0.00
10. Aggregate of deductible amounts under chapter VIA Rs. 61,303.00
11. Total Income (8 -10) Rs. 525,066.00
12. Tax on Total Income Rs. 37,014.00
13. Education cess @ 3% (on tax computed at S. No. 12) Rs. 1,110.00
14. Tax Payable ( 12+13) Rs. 38,124.00
15. Less: Relief under section 89 (attach details) Rs. 0.00
16. Tax payable (14 - 15) Rs. 38,124.00
Verification
I, AJIT KUMAR PADHI Son/Daughter of B.B.PADHI working in the capacity of
ACCOUNTANT (designation) do hereby certify that a sum of Rs. 40,000.00
(InWords) Rupees Forty Thousand has been deducted and
deposited to the credit of the Central Government. I further certify that the information given about is true ,complete and correct and is
based on the books of account, documents, TDS statement, TDS deposited and other available records.
Signature of the person responsible for deduction of tax
Place: NEW DELHI Full Name : AJIT KUMAR PADHI
Date: 30/05/2012 Designation : ACCOUNTANT
This certificate pertains to ANIL KUMAR SAGAR
SureTDS Enterprise - Cynosure Technologies (P) Ltd.
3. ANNEXRE - B
DETAILS OF TAX DEDUCTED AND DEPOSITED IN THE CENTRAL GOVERNMENT ACCOUNT THROUGH
CHALLAN
( The Employer to provide payment wise details of tax deducted and deposited with respect to the employee )
Tax Deposited in respect
S. No. Challan Identification Number(CIN)
on of the employee (Rs.)
BSR Code of the Bank Date on which tax deposited
Branch Challan Serial No
(dd/mm/yyyy)
1 5,000.00 6390310 21/11/2011 00733
2 5,000.00 6390310 21/11/2011 00733
3 5,000.00 6390310 31/05/2012 02307
4 5,000.00 6390310 31/05/2012 02307
5 5,000.00 6390310 31/05/2012 02307
6 5,000.00 6390310 31/05/2012 02307
7 10,000.00 6390310 31/05/2012 02307
Total 40,000.00
This certificate pertains to ANIL KUMAR SAGAR
SureTDS Enterprise - Cynosure Technologies (P) Ltd.