TEAM JKS TRAVEL EXPENSE SYSTEM IS-422 TEAM MEMBERS Jahnavi veni Gunnam Kartheek Bondugulapati Seshi Sai Reddy Anireddy INDEX 1. Executive Overview………………………………………….3 2. Project Description/Current Situation………………………..3 3. Project Objective……………………………………………..4 4. Scope…………………………………………………………4 5. Context Diagram……………………………………………..6 6. Files…………………………………………………………..7 7. Team Members……………………………………………….10 8. ERD…………………………………………………………..13 IS422 Deliverable One 1. Executive Overview
Premium Management Education Life
INCOME TAX Introduction : The income tax is administrated Income Tax Ordinance‚ 1984 and the Income tax Rules‚ 1984 as well as notification made under the Ordinance. The charge of tax of a person depends on its resident ship. Total world Income of a resident is charged to tax in Bangladesh. Where as a non-resident’s Bangladesh income is only charged to tax in Bangladesh. There are seven heads of income. The are salary‚ interest on security‚ house property‚ agriculture‚ business and profession
Premium Tax Income tax Taxation
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
Premium Taxation Tax Taxation in the United States
difference; taxable income given LO1 Alvis Corporation reports pretax accounting income of $400‚000‚ but due to a single temporary difference‚ taxable income is only $250‚000. At the beginning of the year‚ no temporary differences existed. Required: 1. Assuming a tax rate of 35%‚ what will be Alvis’s net income? 2. What will Alvis report in the balance sheet pertaining to income taxes? Solution: Requirement 1 Since taxable income is less than pretax accounting income‚ a future taxable
Free Tax Taxation Tax refund
Travel & Tourism Tourism can bring many benefits to a destination. Tourism can positively impact an area’s economy‚ social cultural‚ and environment. At the same time‚ there can be negative effects to the economy‚ social cultural‚ and environment. The tourism industry is extremely large and continuously growing‚ which is why the impacts and effects weigh so heavily on a destination. Traveling and engaging in touristic pursuits are popular leisure activities. New trends emerge as tourism continues
Premium Tourism
dividends account is closed to the Income Summary account in order to properly determine net income (or loss) for the period. 10. After closing entries have been journalized and posted‚ all temporary accounts in the ledger should have zero balances. 11. Closing revenue and expense accounts to the Income Summary account is an optional bookkeeping procedure. 12. Closing the dividends account to Retained Earnings is not necessary if net income is greater than dividends during
Premium Balance sheet Revenue Generally Accepted Accounting Principles
Distribution of Income • The fifth macroeconomical goals to ensure that income distribution is equitable. Equitable means fair‚ but fairness is an elusive concept and it means different things to different people. • A more equitable distribution may help to accelerate growth and promote human and economic development in many ways: • The propensity to consume of the poor is higher than that of the rich so redistribution will increase aggregate demand especially for basic goods and services.
Free Progressive tax Tax Taxation
An Extra-Large Editorial (Subjectively Speaking) What does the word "large" mean these days? No‚ not that‚ ya pervert! I’m referring to the diminishing use of it in proper context. Ordered a large Coke lately? You probably wound up with the one that was one size smaller than the biggest they had. To me‚ large means if there are three sizes‚ it’s the biggest one. Apparently there are those in the retail industry who disagree with me. Sometime‚ without my knowledge‚ small was renamed as "regular‚"
Premium Clothing
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
Premium Taxation in the United States Agriculture Tax
DAVE TOURS & TRAVELS Duniya ki sair kar lo 16/02/2013 Executive summary At Dave Travels (India)‚ we are specializing in designer tours for individuals‚ groups‚ corporate‚ and Wildlife Tours in North & central India. So far we served over hundreds of groups and Foreign Individual Travelers from around the world. Our Years of Experience & wide range of travel services ensures a comfortable and enjoyable tour to Agra .The tour packages offered by us have been designed so as to get the best
Premium Tourism