1. Income from house property is taxed under section 22 if the property is owned, consists of buildings or land, and is not used for business purposes.
2. Gross annual value is the standard to assess income and is the higher of expected rent and actual rent received less vacancy.
3. Deductions include municipal taxes paid, standard deduction of 30% of net annual value, and interest on borrowed capital. Income from self-occupied property allows deduction of interest up to Rs. 1.5 lakh.
Time of supply of goods or service in GST- ca amit kumarAmit Kumar
?
This document defines key terms used in India's Goods and Services Tax (GST) law such as supplier, recipient, removal, reverse charge, continuous supply of goods and services, and time of supply provisions for goods and services. It outlines provisions for issuing tax invoices, determining the time of supply for normal and reverse charge situations, and the tax treatment of supplies made prior to the introduction of GST but pursuant to pre-existing contracts.
Agricultural income - Relevant Income Tax IssuesAmitoz Singh
?
This presentation helps in understanding the meaning of Agriculture Income, its taxability, various issues pertaining to the understanding of agriculture and what will qualify as agriculture income. When the said income will be exempt ?
INCOME TAX- Aggregation of Income/ Clubbing of the income under INCOME TAX ACT,1961
Income of other persons to be included in the income of individual( Section 60-65)
Income received from Firm assessed as Firm And Association of Persons (Section 66-67)
Deemed Income (Section 68-69)
Transfer of Income without Transfer of Assets[Sec. 60]
Revocable Transfer of Assets [Sec. 61]
This document outlines the tax deduction at source (TDS) compliance process in India. It applies to all corporate and government deductors who are required to get their accounts audited. The key steps are: 1) apply for and obtain a TAN number; 2) deduct tax from applicable payments like salaries, interest, rent, etc. at the time of payment or credit; 3) deposit the deducted tax with the government treasury by the due dates; 4) file quarterly electronic TDS returns; and 5) issue TDS certificates to deductees. Failure to comply can result in penalties like interest charges, fines, and in severe cases, imprisonment.
This document defines important terms under the Industrial Disputes Act such as appropriate government, industry, workman, and wages. It also explains what constitutes an industrial dispute according to the Act. The key aspects covered are: the definition of industrial dispute, who can raise disputes, and issues that can be subject to disputes. Further, it describes the functioning of dispute settlement machineries under the Act including conciliation procedures conducted by conciliation officers and boards, and adjudication procedures handled by labour courts, tribunals and national tribunals. The roles and powers of these conciliation and adjudication bodies are summarized.
This document discusses various methods for settling industrial disputes, including both non-state and state intervention approaches. Non-state approaches include collective bargaining without conciliation, and voluntary arbitration. State intervention approaches discussed include compulsory establishment of bipartite committees, compulsory collective bargaining, compulsory investigation, compulsory conciliation and mediation, and compulsory arbitration or adjudication. The document also provides details on collective bargaining, voluntary arbitration, and machinery for dispute settlement in India such as standing orders, grievance procedures, and codes of discipline.
The document discusses the exemptions available under Regulation 10 of SEBI (SAST) Regulations, 2011 for inter se transfer of shares. It provides five categories of inter se transfers that are exempt from open offer requirements: 1) between immediate relatives, 2) between promoters for over 3 years, 3) between qualifying parties such as subsidiaries of the same holding company, 4) between persons acting in concert for over 3 years, and 5) between shareholders acting in concert for over 3 years and companies wholly owned by them. It outlines various conditions for availing these exemptions including pricing and disclosure requirements.
The document defines agricultural income and non-agricultural income for tax purposes. Agricultural income includes any income derived from land used for agricultural purposes in India, such as rent, crop sales, or farm building income. Non-agricultural income includes income from activities like stone quarries, dairy farming, poultry, fisheries, and brick making. Some incomes are partially agricultural and partially business. For individuals and HUFs with both agricultural and non-agricultural income, tax is calculated by integrating the incomes and comparing to the tax on agricultural income alone.
The document compares accounting for employee benefits under AS 15 and Ind AS 19. It provides details on the recognition, measurement, and presentation of short-term employee benefits, other long-term employee benefits, and post-employment benefits. It also discusses the accounting for defined contribution plans and defined benefit plans, including current service cost, interest cost, past service cost and expected return on plan assets. Ind AS 19 requires more extensive disclosures and includes an appendix on impairment testing of employee benefit assets not found in AS 15.
The document defines a partnership under Indian law as a relationship between persons who have agreed to share the profits of a business carried on by all or any of them acting for all. The essential elements of a partnership are a contract between two or more persons to carry on business with the objective of sharing profits. There are two main kinds of partnerships - partnership at will which has an indefinite duration, and particular partnership which is formed for a fixed term or venture. A partnership can be dissolved by agreement between partners, by notice from a partner, or upon certain events such as the expiration of a fixed term, completion of an undertaking, death or insolvency of a partner.
TDS stands for Tax Deduction at Source. It is a mechanism for collecting income tax in India whereby the tax is deducted at source from payments like salary, interest, rent, etc. at the time of payment/credit. The payer has to deduct tax as per rates specified in the Income Tax Act 1961 from the payments made and deposit it with the government. The payer also has to obtain a Tax Deduction Account Number (TAN), file quarterly TDS returns, and issue TDS certificates to the payee. The payee can then claim credit for the TDS while filing their income tax return.
This presentation intents to explain the concepts of Set off and Carry Forward of losses under income tax law to students. For detail understanding of the concept viewers are invited to our YouTube Channel.
Beach's agreement to purchase the stereo system is voidable since he entered into it while still a minor. As a minor, Beach has the right to disaffirm or avoid the contract. If Beach chooses to disaffirm the contract, he can return the stereo system and recover the $100 down payment he made. McReam's would have no legal right to collect any additional payments from Beach.
The document discusses strikes in industrial relations. It defines a strike and explains the different types of strikes such as sympathetic strikes, partial stoppage of work, picketing and boycotts. It also defines gherao and discusses relevant sections of the Industrial Disputes Act, 1947 regarding prohibition of strikes and lockouts in public utility services, illegal strikes and lockouts, and penalties for illegal strikes and lockouts.
Agricultural income derived from land situated in India is exempt from income tax under section 10(1) of the Income Tax Act of 1961. For income to be considered agricultural income, it must be derived from basic agricultural operations on the land like cultivation, planting, harvesting, etc. and subsequent operations related to making the produce fit for market. The income can be in the form of rent received in cash or kind, or revenue from the land. The land must be used for genuine agricultural purposes and situated in India. The burden of proof that income is agricultural income lies with the taxpayer.
Understanding Income Tax - Profits & Gains of Business or Profession [Sec 36 ...DVSResearchFoundatio
?
Objectives & Agenda :
To analyse and interpret the provisions of the Income-tax Act relating to computation of 'Profits and gains of business or profession' (PGBP). In this Webinar, we shall look at the general admissible deductions, amounts not deductible, deductions subject to payments, Computation of income in case of construction and service contracts, Insurance business, etc. Finally, the Webinar will touch upon relevant Judicial Precedents.
All About TDS Return Filing Online 2024.pptxLegal Pillers
?
TDS i.e. Tax Deducted at Source, is the tax that has been deducted by the Government of India at the time of payments of some specific transactions including rent, commission, professional fees, salary, interest etc. TDS Return is the quarterly statement or summary of all the transactions related to the TDS made in the specific quarter.
This document provides an overview of the statutory requirements for annual returns and audits under the Goods and Services Tax (GST) in India. It discusses key provisions regarding the requirement for audits based on annual turnover thresholds, the types of annual returns to be filed by different registered taxpayers, and the reconciliation statement that must be submitted along with audited annual accounts. The reconciliation statement aims to reconcile the turnover and tax amounts declared in the annual return with the audited financial statements. The document also clarifies differences in the turnover thresholds referenced in the GST law versus rules.
Every assessee earning more than the basic exemption are eligible to seek deduction from Gross Total Income by way of deductions allowed for investments or payments made, under Chapter VI-A of the Income Tax Act. Chapter VI-A helps an assessee to reduce the overall tax burden to the extent of investment and expenses made within the ambit of law and fulfilemt of prescribed conditions. In this Webinar, we shall be focusing on the provisions of Chapter VI-A which are essential for Individuals, HUF and Firms for the purpose of claiming deductions against their total income.
offices
of
NSDL
within
the
due
date.
NSDL will act as intermediary and upload the
data to the Income Tax Department's central
system.
1. The document provides information on Tax Deduction at Source (TDS) and TCS, including the objectives, nature of payments subject to TDS/TCS, persons responsible for deductions, rates of deduction, deposit and filing of returns.
2. It discusses the consequences of failure to deduct or deposit TDS/TCS on time such as interest, penalties, and disallowance of expenses.
3. The mandatory requirements for electronic filing of T
Partnerships can be formed through a contractual agreement without needing to be in writing. Partnerships can also be registered by filing an application with the Registrar of Firms, which defines the terms of the partnership in a deed. Key contents of a partnership deed include the name of the firm, capital contributions, profit sharing ratios, and procedures for changes. While registration is not required, it allows partners to enforce claims against each other and third parties, while non-registration limits these enforcement abilities.
SEBI(LODR)Regulations - Obligations on listing of specified securities - Part IIDVSResearchFoundatio
?
Key Takeaways:
Related party transactions
Obligations of directors including independent directors, employees including KMPs
Corporate Governance requirements
Articles of Association and its Alterations Simplified.Ankit Shah
?
The document discusses the articles of association, which are the internal rules and regulations that govern a company. It explains that articles of association define how a company is administered, including provisions around share capital, directors, meetings, and other internal operations. The document also discusses how and when articles of association can be altered, with limitations like requiring shareholder approval and not contradicting the company's memorandum.
Application Security Vulnerabilities: OWASP Top 10 -2007Vaibhav Gupta
?
General concepts of web application security vulnerabilities primarily based on OWASP Top 10 list-2007(I know its too old :-))
I, along with Sandeep and Vishal, presented on this at IIIT-Delhi college in April, 2014
The document defines agricultural income and non-agricultural income for tax purposes. Agricultural income includes any income derived from land used for agricultural purposes in India, such as rent, crop sales, or farm building income. Non-agricultural income includes income from activities like stone quarries, dairy farming, poultry, fisheries, and brick making. Some incomes are partially agricultural and partially business. For individuals and HUFs with both agricultural and non-agricultural income, tax is calculated by integrating the incomes and comparing to the tax on agricultural income alone.
The document compares accounting for employee benefits under AS 15 and Ind AS 19. It provides details on the recognition, measurement, and presentation of short-term employee benefits, other long-term employee benefits, and post-employment benefits. It also discusses the accounting for defined contribution plans and defined benefit plans, including current service cost, interest cost, past service cost and expected return on plan assets. Ind AS 19 requires more extensive disclosures and includes an appendix on impairment testing of employee benefit assets not found in AS 15.
The document defines a partnership under Indian law as a relationship between persons who have agreed to share the profits of a business carried on by all or any of them acting for all. The essential elements of a partnership are a contract between two or more persons to carry on business with the objective of sharing profits. There are two main kinds of partnerships - partnership at will which has an indefinite duration, and particular partnership which is formed for a fixed term or venture. A partnership can be dissolved by agreement between partners, by notice from a partner, or upon certain events such as the expiration of a fixed term, completion of an undertaking, death or insolvency of a partner.
TDS stands for Tax Deduction at Source. It is a mechanism for collecting income tax in India whereby the tax is deducted at source from payments like salary, interest, rent, etc. at the time of payment/credit. The payer has to deduct tax as per rates specified in the Income Tax Act 1961 from the payments made and deposit it with the government. The payer also has to obtain a Tax Deduction Account Number (TAN), file quarterly TDS returns, and issue TDS certificates to the payee. The payee can then claim credit for the TDS while filing their income tax return.
This presentation intents to explain the concepts of Set off and Carry Forward of losses under income tax law to students. For detail understanding of the concept viewers are invited to our YouTube Channel.
Beach's agreement to purchase the stereo system is voidable since he entered into it while still a minor. As a minor, Beach has the right to disaffirm or avoid the contract. If Beach chooses to disaffirm the contract, he can return the stereo system and recover the $100 down payment he made. McReam's would have no legal right to collect any additional payments from Beach.
The document discusses strikes in industrial relations. It defines a strike and explains the different types of strikes such as sympathetic strikes, partial stoppage of work, picketing and boycotts. It also defines gherao and discusses relevant sections of the Industrial Disputes Act, 1947 regarding prohibition of strikes and lockouts in public utility services, illegal strikes and lockouts, and penalties for illegal strikes and lockouts.
Agricultural income derived from land situated in India is exempt from income tax under section 10(1) of the Income Tax Act of 1961. For income to be considered agricultural income, it must be derived from basic agricultural operations on the land like cultivation, planting, harvesting, etc. and subsequent operations related to making the produce fit for market. The income can be in the form of rent received in cash or kind, or revenue from the land. The land must be used for genuine agricultural purposes and situated in India. The burden of proof that income is agricultural income lies with the taxpayer.
Understanding Income Tax - Profits & Gains of Business or Profession [Sec 36 ...DVSResearchFoundatio
?
Objectives & Agenda :
To analyse and interpret the provisions of the Income-tax Act relating to computation of 'Profits and gains of business or profession' (PGBP). In this Webinar, we shall look at the general admissible deductions, amounts not deductible, deductions subject to payments, Computation of income in case of construction and service contracts, Insurance business, etc. Finally, the Webinar will touch upon relevant Judicial Precedents.
All About TDS Return Filing Online 2024.pptxLegal Pillers
?
TDS i.e. Tax Deducted at Source, is the tax that has been deducted by the Government of India at the time of payments of some specific transactions including rent, commission, professional fees, salary, interest etc. TDS Return is the quarterly statement or summary of all the transactions related to the TDS made in the specific quarter.
This document provides an overview of the statutory requirements for annual returns and audits under the Goods and Services Tax (GST) in India. It discusses key provisions regarding the requirement for audits based on annual turnover thresholds, the types of annual returns to be filed by different registered taxpayers, and the reconciliation statement that must be submitted along with audited annual accounts. The reconciliation statement aims to reconcile the turnover and tax amounts declared in the annual return with the audited financial statements. The document also clarifies differences in the turnover thresholds referenced in the GST law versus rules.
Every assessee earning more than the basic exemption are eligible to seek deduction from Gross Total Income by way of deductions allowed for investments or payments made, under Chapter VI-A of the Income Tax Act. Chapter VI-A helps an assessee to reduce the overall tax burden to the extent of investment and expenses made within the ambit of law and fulfilemt of prescribed conditions. In this Webinar, we shall be focusing on the provisions of Chapter VI-A which are essential for Individuals, HUF and Firms for the purpose of claiming deductions against their total income.
offices
of
NSDL
within
the
due
date.
NSDL will act as intermediary and upload the
data to the Income Tax Department's central
system.
1. The document provides information on Tax Deduction at Source (TDS) and TCS, including the objectives, nature of payments subject to TDS/TCS, persons responsible for deductions, rates of deduction, deposit and filing of returns.
2. It discusses the consequences of failure to deduct or deposit TDS/TCS on time such as interest, penalties, and disallowance of expenses.
3. The mandatory requirements for electronic filing of T
Partnerships can be formed through a contractual agreement without needing to be in writing. Partnerships can also be registered by filing an application with the Registrar of Firms, which defines the terms of the partnership in a deed. Key contents of a partnership deed include the name of the firm, capital contributions, profit sharing ratios, and procedures for changes. While registration is not required, it allows partners to enforce claims against each other and third parties, while non-registration limits these enforcement abilities.
SEBI(LODR)Regulations - Obligations on listing of specified securities - Part IIDVSResearchFoundatio
?
Key Takeaways:
Related party transactions
Obligations of directors including independent directors, employees including KMPs
Corporate Governance requirements
Articles of Association and its Alterations Simplified.Ankit Shah
?
The document discusses the articles of association, which are the internal rules and regulations that govern a company. It explains that articles of association define how a company is administered, including provisions around share capital, directors, meetings, and other internal operations. The document also discusses how and when articles of association can be altered, with limitations like requiring shareholder approval and not contradicting the company's memorandum.
Application Security Vulnerabilities: OWASP Top 10 -2007Vaibhav Gupta
?
General concepts of web application security vulnerabilities primarily based on OWASP Top 10 list-2007(I know its too old :-))
I, along with Sandeep and Vishal, presented on this at IIIT-Delhi college in April, 2014
I gave this talk at OWASP/Null Delhi chapter meet. The session was around the OAuth 2.0 workflow and few security considerations that developers or security analyst needs to take care.
Meet details: https://null.co.in/events/210-delhi-null-delhi-meet-30-july-2016-null-owasp-combined-meet
The document discusses two problems related to application security risk rating: 1) limited resources to test a large number of applications, and 2) assigning risk levels to vulnerabilities found during manual assessments. For the first problem, the document proposes prioritizing applications by categorizing them into high, medium, and low risk based on a risk assessment analyzing business criticality and risk posture. For the second problem, the document outlines the OWASP risk rating methodology in six steps: identifying risks, estimating likelihood, estimating impact, determining severity, deciding what to fix, and customizing the risk rating model.
The document discusses automating security scans using the Zed Attack Proxy (ZAP). It provides an overview of ZAP and its graphical user interface. It then discusses how various aspects of ZAP can be automated using its APIs, including spidering, passive scanning, active scanning, and authenticated scanning. It provides Python code examples to initialize ZAP, run spiders and scans, and access other ZAP features programmatically. It concludes with use cases for automating ZAP at scale or integrating it with continuous integration systems.
Polyglot payloads in practice by avlidienbrunn at HackPraMathias Karlsson
?
A lecture/talk describing how to build and use polyglot payloads for finding vulnerabilities in web applications that traditional payloads can't.
Here's the last slide: http://www.slideshare.net/MathiasKarlsson2/final-slide-36636479
CTFとは、弊順議に嗤兆な縄函り栽蕋Capture The Flagのことで、セキュリティ室gをうコンテストのt各です。竃}ジャンルは、圧催、バイナリ、ネットワ`ク、Web、プログラミングなど謹瓷に局り、クイズ侘塀の}のiを盾いたり、gYネットワ`ク坪で夘貌議な好契蕕鯰个辰燭蠅垢襪發里任后セキュリティだけでなくプログラミングにvする岑もわれ、好勅斜g、契囮室g、盾裂室g、圧催の岑、ネットワ`ク室gなど、レな岑RとUYが駅勣となっています。CTFはt栽議な}盾Q薦を張く恷mな室と冱えるでしょう。
CTFには屡に20定除いs雰があり、ラスベガスのDEFCONでCTFが_岸されたことをきっかけに、書やヨ`ロッパやアジア、オセアニアや掴致など、光忽でl訓に室氏が_岸されています。忽H寄氏も謹く、圷怕DEFCONをP^に、マレ`シアHack in the BOXや、n忽CODEGATEなど、弊順嶄からチ`ムがCTFに歌蕕靴蕕鮴Rりレげています。
晩云では2000定旗の念磯に仝\啝瓠后△修譴望Aく仝セキュリティスタジアム々が_岸されましたが、F壓に崛るまで方定の腎易豚gがあり、噸式kや繁可圄撹という中で弊順に瘁れを函っているのがF彜です。枠晩JNSApを鞭pした晩云チ`ムsutegoma2の溝^Lのおかげで恍定ようやくDEFCON CTFの弊順嚠xを2了で融篤しましたが、火廷ながら云xではふるわず、まだまだ弊順とは寄きな鯉餓があると冱わざるを誼ません。
そんな嶄、書定SECCON CTFg佩溜T氏をk怎し、晩云畠悶のセキュリティ室gの久貧げと繁可k条をはかる朕議で、忽坪でも云鯉議にCTF室氏を_岸することとしました。
Perlでo尖ゲ`ム好待 (How to play Win32::GuiTest)
http://yapcasia.org/2011/talk/32
蝶MMORPGでゲ`ム嶄にPerlの揖r軟咾鰌擽呂垢C嬬が弖紗されたことがありました。
Win32::GuiTest や Win32::Screenshot などのモジュ`ルを旋喘して、Windows貧で
嘛するゲ`ムを徭咾妊廛譽い垢Perlプログラムを恬撹する圭隈について盾hします。
Once upon a time, perl.exe was banned during a game by MMORPG.
I will explain how to create the Perl bot program which plays
automatically games on Windows using some modules such as
Win32::GuiTest and Win32::Screenshot.
That Goes Without Alpha-Num (or Does It ?) all your base10 are belong to ustakesako
?
The document discusses various programming languages and their characteristics in a non-standard formatting without using typical alphanumeric characters.
(1) It examines MS-DOS 8086 assembly language programming and describes executing code on 16-bit x86 CPUs through binary instructions.
(2) It also examines JavaScript, Perl, Ruby and compares some of their common features like comment syntax and string interpolation.
(3) It then proposes executing x86 code without using binaries by manipulating the registers through hexadecimal subtraction and bitwise operations, though this method would be difficult to program and debug.
YAPC::Asia 2008 in Tokyo was the largest YAPC conference to date with over 500 attendees from 12 countries. It featured speakers in 3 rooms over 2 days in May and was organized by 12 individuals. Volunteers and sponsors helped ensure the event's success. The closing ceremony thanked attendees and expressed hope to see everyone again at the next YAPC conference.
(1) The document summarizes a talk on the latest JavaScript trends in Japan. It discusses things like polyglot programming using HTML, CSS, JavaScript and Perl in a GIF image, cross-domain access protocols using GIFs, and various JavaScript frameworks and tools developed in Japan.
(2) Several Japanese JavaScript projects are highlighted, including Mylingual.net for multilingual websites, AJAJA for server-side JavaScript, and Cycal for Ajax spreadsheets.
(3) The talk also featured lightning talks on topics like implementing a Java virtual machine in JavaScript and fast XPath engines for JavaScript in Internet Explorer and Safari 2.
4. HTML Quiz <img src=/slideshow/html-binary-hacks-gif89a-ployglot/429112/ ̄1.gif ̄ src= ̄2.gif ̄> (1) 1.gif (2) 2.gif (3) N/A Answers. Q1. What will you see? (on your browser)