1.Bond interest paid by a corporation is an expense, whereas dividends paid are not an expense of the corporation.
2.Financial leverage refers to the practice of borrowing at one rate and investing at another.
3.Neither corporate bond interest nor dividends is deductible for income tax purposes.
4.Secured bonds are issued against the general credit of the borrower.
5.The corporation issuing the bonds does not journalize transactions between the bondholder and other investors.
6.If bonds are issued at a discount, the issuing corporation will repay an amount less than the face amount of the bonds on the maturity date.
7.If $ 180,000, 9%, bonds are issued on January 1, and pay interest semi-annually, the amount of interest paid on July 1, will be $ 8,100.
8.The debt to total assets ratio measures the degree to which a company’s assets are financed internally.
9.Instalment notes with blended principal and interest payments apply a fixed amount to the principal balance of the note with each payment.
10.A long-term note that pledges title to specific property as security for a loan is known as a mortgage payable.
i am aretired chief exicutiv officer from a state lavel urban co operative bank in rajasthan .at present i am providing services in field of property marketing and other domestic commercial services having office at 11/797 chopasni housing board and intend to recruit several marketing perssonal in near future to mobalise the bussines of advertisment, deposits,and so on so on.
The Income Tax Rate Rebate etc. may slightly differ during each year. What are the differences affecting salaried individuals (India) compared to the last financial year.
Income from house property is 50:50 in respect of myself and my spouse. total EMI of the home loan is going from my salary account. will i get the facility of tax exemption on the total interest accrued on the house loan.
I am filing the service tax return for the period of Oct 2011- Mar 2012, what will be the financial yr that I need to select when e-filing my ST3 form?
I bought a 5 year FD of INR 1,50,000 from Canara Bank dt. 12 Mar, 2011. Due to some reason i couldnt claimed for Income Tax Rebate in Financial Year 2010- 2011. I would like to know if i am eligible for IT rebate in Financial Year 2011- 2012 ?
I had bought a house for which I paid EMI and sold that house after clearing all the dues. I got the IT saving certificate and claimed the benefits till the month of sale. I then bought another house taking loan and got provisional tax saving certificate. When this was submitted the earlier benefit for the first house was disallowed.
about financial lease. under income tax act depreciation is provided for the legal owner of the business ie, for lessor, but recently in a case supreme court held that depreciation can be claimed by the lessee also, plz reply.
I would like to know my income tax on my salary .So kindly explain the computation of the income tax.