Special features of a cooperative form of organisation are as follows: Voluntary association: Any person can be a part of such an organisation and ...

Cooperative organizations basically work to provide self-help and mutual help. The primary objective of any cooperative organization is to provide service to ...

Gross Total Income : Gross Total Income means total income as computed in accordance with the provisions of this Act, before making any deduction under Chapter ...

Person : Person includes the following— An individual (i.e. a human being). It includes a minor or a person of unsound mind. A Hindu Undivided Family (as ...

Short-term Capital Asset : It is an asset held by the assessee for not more than 36 months, immediately prior to the date of transfer. In other words, ...

Colonialism is not a continuous phenomenon but it can be divided into three stages on the basis of the distinct form of exploitation and the different pattern ...

The East India Company had two major objectives first to acquire exclusive rights to trade from and to India and second to somehow take over the financial ...

Colonialism as we understand it today was a form of society which was developed and modernized only to a level where it was of benefit to the British rule. We ...

Internal Trade: Internal trade takes place within the boundaries of the country. Buying and selling of goods takes place within the country and payment for the ...

Business is established when an individual or a group of individuals decide to start something on their own. Legal formalities like registration are to be ...

All kinds of activities that form link between producers of goods and consumers of these goods and maintain a smooth and uninterrupted flow of goods between ...

Activity performed by a person with a view to earn profit is called a business activity. A person has to produce and exchange goods and services with money in ...