Showing posts with label Students. Show all posts
Showing posts with label Students. Show all posts

What is difference between Section 44B and section 172 of the Income Tax Act with respect to the business of Shipping Operation???


1.      While there is no specific distinction, it can be inferred that Section 44B is a special provision for computing profits and gains of an FSC engaged in 'regular' shipping business in India, while section 172 deals with taxation of an FSC engaged on "occasional" shipping business basis in India.

How is EPS calculated?

Earning per share i.e. EPS is a financial ratio, which divides net earnings available to shareholders by the average outstanding shares over a certain period of time

The EPS Ratio indicates a company’s ability to produce net profits for shareholders.

Formula to calculate EPS is:

Income on which no tax payable in india किस आय पर कोई कर नहीं लगता है?

The mere mention of "income tax" can induce stress in many individuals who constantly seek ways to save money. Income tax is a tax...