1) The first item that I chose to represent myself was my plane ticket to Europe. For spring break in 2012‚ my soccer team and I went to the Netherlands and England to play soccer for 10 days. It was a great trip that included site seeing‚ lots of touring and playing some of the soccer club over there. I chose this item to represent myself because it was the best vacation that I have ever been. The second item that I have chosen to represent myself is a picture of my family and I. My family
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AGRICULTURAL INCOME What is agricultural Income Section 2(1A) (a) any rent or revenue derived from land which is situated in India and is used for agricultural purposes; (b). any income derived from such land by agricultural or by the process employed to render the produce fit for market or by sale of such produce by a cultivator or receiver of rent-in-kind; (c). any income derived from a building provided following conditions are satisfied: - (i). The building is situated on or immediate
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illustrations 6 items chargeable under the head "Income from other Sources". The 6 items chargeable under the head “Income from Other Sources” are: 1. Insurance commission: Mr. A‚ a B. Com. Graduate‚ is an LIC agent and sells policies. The commission he earns on selling the policies will be taxable under Income from Other Sources. 2. Dividend income: Mr. B an Indian resident and shareholder of XYZ Co. (based in USA) receives dividend on those shares. This dividend income will be charged
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Large valuable items are easily obtained through this. Even one’s life is in potential danger without home security. One of the most important things that need security‚ whether you are single or a family‚ is as simple as a desk or wall locker. Almost everything we do each day can be found in one. We tend to put car keys‚ and house keys in a desk or locker. We also tend to keep important paper or receipts from wherever we went or did through the day. Or we may have small items like jewelry‚
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capital gain and taxable income of $35‚000. If taxpayer collects the entire $10‚000 during the current year‚ $8‚000 needs to be included in gross income. True False 4. A cash basis taxpayer must include as income the proceeds from the sale of an account receivable to a collection agency. True False 5. If an account receivable written off during a prior year is subsequently collected during the current year‚ the amount collected must be included in the gross income of the current year
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[Date] A1. [Name of Rubric Item] Even though the assignment may indicate that you should write an essay‚ the essay format makes it hard for the grader to identify answers to rubric items. To ensure the best chance of success‚ it helps to break out each rubric item into a separate section. You may have to overlap information across sections since rubric items sometimes can’t be explained alone without covering another rubric item. Do your best to answer each item and go into more specific detail
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History Income tax levels in India were very high during 1950-1980‚ in 1970-71 there were 11 tax slabs with highest tax rate being 93.5% including surcharges. In 1973-74 highest rate was 97.5%. But to reduce tax evasion tax rates were reduced later on‚ by "1992-93" maximum tax rates were reduced to 40%. [2][3] [edit]Residential status‚ Scope of taxable income & Charge [edit]Charge to Income-tax Whose income exceeds the maximum amount‚ which is not chargeable to the income tax‚ is an assesse
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the financial statement of any given company to show the financial road map of which the entity moves. The analysis explains the amount and to what percentage does one specified area alters to another; more commonly quarterly or annually. In this trend analysis the trend will highlight a pattern of number and their annual alteration reflected on McDonald’s Corporation Balance sheet and Income Statement over the last four years. Over the last four years the McDonalds income statements have been showing
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D) The statement of comprehensive income illustrates the financial performance and results of operations of a particular company or entity for a period of time. Referring to the company’s Statement of Comprehensive Income‚ as known as Profit and Loss statement‚ we can conclude that Amway (M) Sdn.Bhd had increased the total net profit amounted of RM 11‚687‚000 from the year 2010 (Amounted at RM 78‚272‚000) to year 2011 (Amounted at RM 89‚959‚000)‚ this is because of Amway’s new strategy as throwing
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In the lab‚ we purposed to find the density of two solid substances with different shapes that was in regular and irregular shapes. We found the mass of the substances by weighting them on a balance. We wanted to make sure that the mass of a substance is correct‚ so we put the substance on a balance 3 times. After that we calculated the average mass of the substance by adding 3 total masses and dividing them by 3.The volumes of the two shapes substances were determined by using a graduated cylinder
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