Trend Analysis helps to analyze the percentage change in the financial performance of a company over two or more years, compared to the base year. […]
Month: May 2022
Balance Sheet Ratio Analysis – Definitions, Ratios, Deep Analysis
A ratio is a relation between two variables. Further, they are of three types- Pure, Percentage, and Turnover ratios. Before jumping into balance sheet ratio […]
Types of Residential Status
To determine whether income is taxable in the hands of the assessee or not, one needs to know his residential status. Moreover, the taxability depends […]
Computation of Income from Salaries
Before learning about the computation of income from salaries, let’s understand the sections covering the same. Income is of two types- taxable and exempt. Exempted […]