how to calculate IT?
if bank intrest:1036 , long term capital gain:448841 short
term capital gain :894 , income from rent 225000, and
income from other source 347478,
Advance tax paid 25000,lic 101508, medicliam 6990 and tds
recd.25000
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Why Copyrights,patents,goodwill etc.etc. falls under real account and not nominal or personal account? I know anything which affect trading & Profit & Loss accounts are nominal accounts.And the above do not affect the Trading or P/L accounts but on the other hand they are intangible and neither can they fall under real accounts as Real accounts are those that are not personal and they are tangible. Again in another way if we see, Patents, Copyright ,Goodwill etc. etc. kindoff acts as a representative of a person or a company like in the same way as a Bank or Company name,so they can they not fall under Personal Account??
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explian depriation? asked on 30/7/09
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