Browsing "Older Posts"
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Tally-TDL
By Adhyan Guruji → Saturday, January 15, 2022Tally Prime / ERP (TDL)
Useful TDL for Business USE - Download ALL (Click Here)Click on TDL for View / How to Use7. Auto Depreciation (TDL)8. Import Ledger (TDL)9. Import Item (Inventory) (TDL)10.Display Voucher (TDL)11. Running Balance (TDL)12. Item Summary (TDL)13. Driving License (TDL)14. Serial Number in Day Book (TDL)15.Ledger & Stock Display Report (TDL) -
Basic Income Tax
By Adhyan Guruji → Sunday, January 2, 2022Basics of Income Tax
What is Income Tax?
Income Tax is a tax charged on Income earn during the year
· It pay directly to the government basis your income or profit.
· It is collected by central Govt.
· It is based on Income Tax ACT, 1961
Type of Tax
· Direct Tax – Income Tax is Direct Tax, Person paid tax directly to the government and it is levied on profit and income.
· Indirect Tax – Indirect Tax is levied on Goods and Services, Person Collect tax from customer and Pays to Government.
E.G. Hotel Bill, or Purchase Any Product (GST Include).
Types of Income under Income Tax
1. Income From Salaries
o (Income from Salary)
2. Income From Capital Gains
o (Profit from Sale of Assets (Land, Building, Jewelry, Bond, Debenture etc…))
3. Income From House Property
o (Income from House (E.g. Rent))
4. Income (Profit) From Business (PGBP)
o (Income from Business)
5. Income From other Source
o (Lottery/Quiz Winning, interest income, Commission (one Time), Part time Tuition fees ,Income from Dividends, Gift received )
Note - If any income not falling under any heads are taxable under income from other sources
· All above mentioned income to form Gross Total Income as Shown Below.
Particular
Amount
Income from salaries
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Income from capital Gains
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Income from house property
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Profit and Gains of Business and Profession
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Income from other source
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Gross Total Income
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Financial Year / Assessment Year
· Financial Year – Financial Year (FY) is the year in which you earn your income and also pay your taxes on this earned income. Financial year start from 1st Apr and ends on 31st March.
· Assessment Year - Assessment year that year which one file income tax return of the financial year.
Suppose Today’s Date is 30-Jan-2021, and tax payer want to fill income tax return.
· 1st Apr 2020 – 31st Mar 2021 - is Assessment Year
· 1st Apr 2019 – 31st Mar 2020 – is Financial Year
Next
Labels: Income Tax -
Unit of Memory
By Adhyan Guruji → Monday, December 27, 2021Unit of Memory
Memory unit is the amount of data that is stores in the storage unit.
· BIT
A binary digit is logical 0 and 1 called BIT.
· Nibble
A group of 4 Bit is called Nibble.
· Byte
Group of 8 BIT or 2 Nibble is called Byte. A Byte represent Data (Character Value/number value)
Above unit is smaller units but there is other unit of memory which store higher storage unit as describe below.
· KB (Kilo Byte)
1 KB = 1024 Bytes
· MB (Mega Byte)
1 MB = 1024 Kilo Bytes
· GB (Giga Byte)
1 GB = 1024 Mega Bytes
· TB (Tera Byte)
1 TB = 1024 Giga Bytes
· PB (Peta Byte)
1 PB = 1024 Tera Bytes
· EB (Exa Byte)
1 EB = 1024 Peta Bytes
· ZB (Zetta Byte)
1 ZB = 1024 Exa Bytes
· YB (Yotta Byte)
1 YB = 1024 Zetta Bytes
· BB (Bronto Byte)
1 BB = 1024 Yotta Bytes
· Geop Byte
1 Geop Byte = 1024 Bronto Bytes
· Sagan Byte
1 Sagan Byte = 1024 Geop Bytes