A person divides a certain amount among his three sons in the ratio = 3 ∶ 4 ∶ 5 Let money get by first, second and third son be 3x, 4x and 5x respectively Total share = 3x + 4x + 5x = 12x Here first son got minimum share i.e 3x If person had divided total amount in the ratio = 1/3 ∶ 1/4 ∶ 1/5 LCM of 3, 4 and 5 = 60 Ratio of First, second and third = (1/3) × 60 ∶ (1/4) × 60 ∶ (1/5) × 60 ⇒ 20 ∶ 15 ∶ 12 Share of first student = (12x/47) × 20 ⇒ 240x/47 According to the question ⇒ (240x/47) – (3x) = 1188 ⇒ (240x – 141x)/47 = 1188 ⇒ 99x/47 = 1188 ⇒ x = 12 × 47 ⇒ x = 564 Total amount = 12x ⇒ 12 × 564 = Rs. 6768 ∴ The total amount is Rs. 6768
The threshold limit for tax audit for business entities under section 44AB has been proposed to change to how much amount for those assessees, where amo...
_________________ is a brief summary of a prospectus filed before the registrar and contains all the salient features of a prospectus
An example of Casual Income is
Residential Status of a Person is determined for
Which of the following forms are used for applicable for registration?
Salary paid to MLAs and MPs are charged under the head
Cash withdrawn by the proprietor from the business for his personal use’ causes
The remuneration of the auditor of a company shall be ________________________
Schedule II in the context of Goods and Service Tax deals with?
Under which section of the Income Tax Act, 1961, are the provisions related to TDS on interest other than interest on securities mentioned?
