In simple terms, a domestic company is an orgnisation that is incorporated in and conducts its affairs in its home country. They are registered and liable to follow all the rules and regulation of the country where they are registered.As per Section 2(22A) of the Income Tax Act, 1961, "domestic company" means an Indian company, or any other company which, in respect of its … [Read more...] about Domestic Company
Capital Asset
In India, Capital asset is defined to include:Any kind of property held by an assessee, whether or not connected with business or profession of the assesse.Any securities held by a FII which has invested in such securities in accordance with the regulations made under the SEBI Act, 1992. However, the following items are excluded from the definition of … [Read more...] about Capital Asset
Long term capital gain
In simple words, gain arising on transfer of long-term capital asset is termed as long-term capital gain.Now, you have to understand what long term capital assets are.Capital asset can be short term or long term based on its period of holding.Any capital asset held by a person for a period of more than 36 months immediately preceding the date of its transfer will be … [Read more...] about Long term capital gain
When to use ‘Anyone can register’ option in wordpress
Wordpress allows you to enable user registration to add posts, comment, or perform other actions on your website.It comes with a built-in functionality to manage user registrations from the admin section of your dashboard. By default, it is turned off, but you can easily turn it on if you want member registration on your website.In your wordpress Dashboard, go to … [Read more...] about When to use ‘Anyone can register’ option in wordpress
20+ Best Email Sign-Offs – How to end an Email
In addition to the opening, subject line and body of the email, you should put equal weightage to the closing line of an email. Many overlook the closing line of the email.Closing lines, which is also known as Email sign-offs have the power to set the overall tone of your email.Many analysts say that an email sign-off can make or break a deal.In this article, we … [Read more...] about 20+ Best Email Sign-Offs – How to end an Email