Dear Students, here are your notes for the subject Entrepreneurship. These notes are in both Hindi and English. Download the files and go through them thoroughly. These notes are best viewed in WPS office. click HERE to download WPS office from play store. You can view the PowerPoint presentations of the classes on my Slideshare profile https://www.slideshare.net/ToranVerma/presentations
Month: October 2020
Important One-liners for Income tax for competitive exams
Capital Gains is taxable under section 45 (1) Section 54 relates with the capital gain exemption on sales of a house. Movable assets like car,refrigerator television etc are exempted from capital gains tax Rural agricultural land is not regarded as capital asset. Rural land if 10,000 – 1,00,000 = 2 KM 1,00,000 – 10,00,000 = 6 KM 10,00,000- Above Read More …
Measure of Central Tendency
The formula N/2 to measure median is used in continuous series. While N/2+1 is taken in individual and discrete series. Median and mode can be obtained by graphical method but mean cannot be. Median and mode are positional average whereas mean is a mathematical average. All types of means are mathematical average. A dataset may have no mode and every Read More …
Basics of Auditing Part-1
An auditor is a watchdog and not a blood haund. Audire means to hear. Main objective of audit is dependent on type of audit. Concealment of shortage by delaying the recording of cash receipt is misappropriation. Lapping is Teeming and Lading. auditing is only related to detection and not prevention. Sale to Mr. A recorded as Sale to Mr. to Read More …