The following deductions for business expenditure not allowed or removed under the new regime u/s 115BAC. Additional depreciation under section 32. Investment allowance under section 32AD Sector-specific business deductions under section 33AB and 33ABA Expenditure on scientific research under section 35 Capital expenditure under section...
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October 1, 2021 admin
Financial & Accounting, Income Tax & Tax Return
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The Budget 2020 introduces a new regime under section 115BAC giving an option to individuals and HUF taxpayers to pay income tax at lower rates. The new system is applicable for income earned from 1 April 2020 (FY 2020-21), which relates to AY 2021-22. Individuals and HUF...
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October 1, 2021 admin
Financial & Accounting, Income Tax & Tax Return
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Section 115BAC: Features of the new tax regime and its benefits Individuals and HUF taxpayers are eligible to choose a new tax regime from FY 2020-21. From FY 2020-21, you can choose to pay income tax under an optional new tax regime. The new tax...
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October 1, 2021 admin
Financial & Accounting, Income Tax & Tax Return
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A change is defined as the addition, modification, or removal of anything that could have a direct or indirect effect on __. Assets Values Elements Services Services EXPLANATION The addition, modification, or removal of anything that could have a direct or indirect effect on services...
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October 1, 2021 admin
Certification Exams Questions, ITIL V4 Foundation
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Practices The service value chain The service value system The guiding principles The service value system EXPLANATION Service value system has five components and one of them is governance.
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October 1, 2021 admin
Certification Exams Questions, ITIL V4 Foundation
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To protect the information needed by the organization to conduct its business To observe services and service components To ensure that accurate and reliable information about the configuration of services is available when and where it is needed To plan and manage the full lifecycle...
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October 1, 2021 admin
Certification Exams Questions, ITIL V4 Foundation
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Plan Design and transition Obtain or build Deliver and support Obtain or build The purpose of the obtain or build value chain activity is to ensure that service components are available when and where they are needed and meet agreed specifications.
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October 1, 2021 admin
Certification Exams Questions, ITIL V4 Foundation
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The number of passengers checked in The average time to respond to change requests The average resolution time for incidents The number of problems resolved The number of passengers checked in Business-related measures can be any business activity that is deemed useful or valuable by...
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October 1, 2021 admin
Certification Exams Questions, ITIL V4 Foundation
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