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JIT - Just in Time - The Concept
Just In Time It is a management philosophy which aims at eliminating waste from every aspect of manufacturing and its related activities. The term JIT refers to producing only what is needed. JIT is defined as “A technique for the organisatio
Set off and Carry forward of Losses - Students guide
I SET OFF OF LOSSES (Sec 70 and 71) Set off of losses refers to adjustment of current year losses against current year incomes. Rules A: Set off of losses – Intra head adjustments (Inter source adjustments) Loss from one source of income can
House property Income Computation
Income from House Property (Section 22 to 27) HP under Rent Control Act HP not covered under Rent Control Act a. FRV or MRV whichever is higher b. Amount (a) or SR whichever is
Documents required for Sales Tax Resgistration
REQUIREMENTS FOR SALES TAX REGISTRATION PROPRIETORY CONCERN 1 Identity proof : Ration card, Voter Id or passport.
Non performing assets
WHAT IS A NPA (NON PERFORMING ASSET) Non Performing Asset means an asset or account of borrower, which has been classified by a bank or fin
PROCEDURES FOR FLOATING A PRIVATE LIMITED COMPANY
PROCEDURES FOR FLOATING A PRIVATE LIMITED COMPANYSTAGE 1 Apply for Digital Signature for one Director Provide address proof Provide identity proof Pay the necessary Fee for digital signature Apply for DIN Go to www.mca.gov.in
Performane of a mutual fund
Dear friends,Mutual fund industry is the one of the best choices of modern day investors.Normally three plans are offered to youEquity linked - High risk and high returnBalancer - Moderate risk and ReturnDebt linked - Less risk and returnWhile explai
Job Costing - Easy to understand
JOB COSTINGIntroduction Methods in which cost is calculated will depend on the type of industry and nature of goods manufactured. Method applied for calculation of cost of Tyre manufacturing will be different from Interior decoration bus
How to Select a Coaching Centre for CPT
Good morning dear CPT aspirant.Common profciency Test - The single window system which enables you to dive in to the ocean of CA. The first step which you take makes a big difference in the sailing process.Atmost everyday you would have received a l
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