Vacancy Allowance: Any let out property remaining vacant for a part of the year is entitled to vacancy allowance. When it is vacant for some time of the year, ...

Annual value of house property definition is found Under section 23 (1a). The annual value is the amount which the property will earn if it is lent from year ...

Origin and Growth of Indian Stock Exchanges. The National Stock Exchange of India was set up by Government of India on the recommendation of Pherwani Committee ...

A proper determination of the cost of project is important for determining the viability and profitability of the project. The business normally approaches ...

Marketing Feasibility: Marketing is essential for the success of business. Sales become a direct interface among customs and products offered by companies, ...

Routine Checking is the elementary part of auditing. It is checking of arithmetical accuracy of books of account, accounting statements and other related ...

Audit Program and an Audit Note Book. An audit programme contains the description of the specific audit procedures to be performed in respect of different ...

Internal Check in respect to Purchases. In order to check error and fraud in purchase department there should be a proper system of control and supervision of ...

The Three types of perquisites have been identified under the Indian Income Tax Act: Perquisites taxable for all categories of employees: They are: Rent free ...

Perquisites are the extra benefits that an employee is given when he occupies a certain post in a company in addition to the salaries. These may be in cash or ...