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In India, salary paid to Members of Legislative Assembly (MLAs) and Members of Parliament (MPs) is typically categorized as "Income from Other Sources" for tax purposes.
Puneet and Malik began a business venture, initially investing their capital in a 4:5 ratio, respectively. After half a year, Puneet decided to withdraw...
P started a business with an investment of Rs.12000, after 8 months Q joined him with Rs.15000 and after another 8 months R joined them with Rs. 20000. ...
‘A’ started a business by investing Rs. 2000. Four months later, ‘B’ joined by investing Rs. ‘x’. If at the end of the year ‘B’ received...
"Abhinav" and "Pankaj" launched a business venture with investments of Rs. 1400 and Rs. 2100, respectively. The ratio of the time for which "Abhinav" an...
N initiates a business, and after 3 months, D also becomes a part of the business. The initial investment of N and D is in the ratio of 3:2, respectivel...
A and B together started a business by investing their capital in the ratio of 10:9, respectively and total amount invested by them together is Rs. 2850...
P started a business investing Rs.9000. After 3 months, Q joined her with the capital of Rs.16000. After another 6 months, R joined them with the capita...
A, B and C enter into a partnership, A invest 3X + 1000, B invest X + 3000 and C invest X + 1500 for one year if B share is 20000 from total profit of 4...
A, B and C invested in partnership. A invest Rs.8000 for 6 months, B invests Rs.5000 for 4 months and C invests Rs.12000 for 3 months. C is working part...
A’, ‘B’ and ‘C’ started a business by investing Rs. 8,000, Rs. 9,500, and Rs. 7,500, respectively such that ‘B’ invested for 2 months more...
