Question 236

"During the PY 2009-10 a Poonawala Charitable Trust earned an income of Rs. 7 lakh out of which Rs.5 lakh was received during the PY 2009-10 and the balance Rs. 2 lakh was received during the PY 2011-2012.In order to claim full exemption of Rs. 7 lakh in the PY 2009-10:
  • Question 237

    You own 3 scripts with their market value at Start of year end of year (3rd) total growth.

    Calculate the CAGR of portfolio.
  • Question 238

    Calculate the Paid up Value ( PV) under a policy with the following particulars:

    Consolidated Reversionary Bonus declared by the insurer from March, 1990 to March 2006 is 550/- per thousand sum assured. Bonus declared for the year ending March 2007 is @ Rs. 70/- per thousand.
  • Question 239

    Difference between coparceners & member is that coparcener can demand partition of an HUF
  • Question 240

    An employee joined in the year 2000 in a sugar mill. After working all the years as a seasonal employee up to the year 2011. He retires with the following monthly salary Basic Salary 2000 / DA 1000/ HRA 500. How much gratuity is payable to him?