All distinguished economists of the time this book is an excellent view of the world in the early twentieth century. Today it can be read and enjoyed in its historical context. This book is a re-issue originally published in 1932.
This book is an authoritative resource that simplifies the complexities of tax deduction at source (TDS) on benefits or perquisites as mandated under Section 194R of the Income-tax Act.
... expenditure are Capital or Revenue, write with reasons : (i) Legal expenses to defend infringement of Trade Mark. (ii) Legal expenses in respect to goods and services tax appeal. (iii) Legal expenses for the purchase of land. (iv) Legal ...
... expenses for the issue of debentures is a Capital Expenditure because the expenses have been incurred for obtaining capital of the business. (ii) Legal expenses for the purchase of land is a Capacity Expenditure as they consitute the cost ...
Contents of this guide include: Business Structure Finance And Investment Early Years Deductions For Business Expenses Deductions For Capital Expenditure Extracting Profits From A Family Company Employing People Using Losses The End Of The ...
... Expenditure as they constitute the cost of land. (iv) It is a Capital Expenditure since it represents fixed asset. The advantage of computer will be available for many years to come. Problem 4. State with reasons whether the following ...
... expenditures are incurred upto the point the plant is ready to use , it is part of the cost . ( iv ) Capital Expenditure : Since cost of new furniture and amount spent on cartage represent the cost of acquisition . Problem 3 State with ...
... expenses of company. Solution (i) Nazrana paid for lease of land is a Capital Expenditure since leasehold property is a fixed asset. (ii) Compensation paid to retrenched employee for loss of employment should be treated as a Capital ...
... Expenditure : Installation of digital sound system of a cinema hall enhances the image of the cinewall and so its ... Problem 5 State which of the following expenditures are capital , revenue and deferred revenue expenditures : ( i ) ...