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Archive: 26 April 2012

Posts in 26 April 2012

Excel Tips – Square root and cube root in Microsoft Excel

April 26, 2012 2777 Views 0 comment Print

Getting a root of a number is the same as raising that number to the power of 1/root. Example: The square root of x is x^(1/2). The square root of A1 is: =A1^(1/2). You can also use the built-in worksheet function SQRT: =SQRT(A1)

Rate of exchange of conversion of each of the foreign currency wef 1st May, 2012

April 26, 2012 2711 Views 0 comment Print

Notification No.38/2012- Customs (N.T.) Central Board of Excise and Customs hereby determines that the rate of exchange of conversion of each of the foreign currency specified in column (2) of each of Schedule I and Schedule II annexed hereto into Indian currency or vice versa shall, with effect from 1st May, 2012 be the rate mentioned against it in the corresponding entry in column (3) thereof, for the purpose of the said section, relating to imported and export goods.

FAQ on Profession Tax (PT) in Maharashtra

April 26, 2012 350632 Views 162 comments Print

Who is liable to pay Profession Tax?Every person engaged actively or otherwise in any profession, trade, callings or employment and falling under one or the other of the classes mentioned in the second column of Schedule I appended to Profession Tax Act, is liable to pay Profession Tax.

S. 80IB deduction available on resedential house sold at semi-finished stage

April 26, 2012 765 Views 0 comment Print

The stand of the revenue with regard to semi-finished condition of the flat is devoid of merit in as much as what is sought to be constructed and sold by the assessee is a residential unit and what is sought to be purchased by the individual buyer is the ownership of a residential unit,

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