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Itag Equipment 2012-2024 Form
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FAQs
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When is it mandatory to fill out a personal financial statement for one's bank? The form states no deadline about when it must be returned.
The only time I know that financial statements are asked for is when one applies for a business or personal loan, or applying for a mortgage. Each bank or credit union can have their own document requirements, however for each transaction. It really is at their discretion. -
Aptitude: Linda has a budget of £180.00 to spend on her day out. She spends 5/9 of the £180.00 in the morning, 0.375 of the £180.00 in the afternoon and writes out a cheque for £45.00 in the evening at a restaurant. What is her financial situation at the end of day?
This is extremely easy and is basic maths.5/9 * 180 = 100.0.375 * 180 = 67.5wrote check : 45adding all the money spent: 212.5 her budget was 180.so she is at a loss of 32.5 -
A pipe of radius 0.0100 m carries water at 2.33 m/s. How much time does it take to fill up a 1.00 m^3 fish tank? (Unit=s)
Radius, r=0.0100 m.Speed of water running, v= 2.33 m/sVolume of fish tank, Vol.=1.00 m^3.Rate of flow, R= (Cross-sectional area of tube)*(Speed of flow)=>Rate= (π*r^2)(v)=[π(0.0100 m)^2][(2.33 m/s)]=0.000732 m^3/s.Thus every 0.000732 m^3 water flow takes 1 second.So 1.00 m^3 will take [(1.00 m^3)/(0.000732 m^3)]* 1 second= 1366. 12 seconds to fill the fish tank. -
My company pays the TDS for the current financial year and the amount of tax was Rs. 0 because I am in the first slab. Do I still need to fill out an ITR-1 if I have Form 16 from my employer?
Receiving a Form 16 from your employer does not directly imply that you need to file an Income Tax Return. A Return has to be filed if your total income (including salary and any income from say savings bank account interest, interest income on fixed deposits, rental income) is more than the minimum income which is exempt from tax. This minimum exempt income is Rs 2,00,000 for FY 2013-14 and Rs 2,50,000 for FY 2014-15 and FY 2015-16.So you need to sum up the total income earned by you in a financial year and see if you are required to pay tax and file a Return.Return filing has several advantages too -Need a Refund – In case excess TDS has been deducted on your income and you need to claim a refund - in this situation you must file a return to claim the tax refund. For example, even though your total income is below the taxable limit, a bank deducted TDS on your FD interest - to get the refund of this TDS you'll have to file a Return.Need a Loan – When you signNow out to a bank or a financial institution for a loan a house loan or a personal loan - they usually require copies of your IT returns to check your credit worthiness. And therefore, it makes sense to keep your finances in order and file an IT return.Visas - Some countries require copies of your IT returns when they provide you a travel or a work visa.You can read more in detail here Are You required to file an IT Return in India?You'll find a lot of helpful topics here which have been addressed in very simple and easy format ClearTax's Series on Salary Income. Understand Salary Income, Deductions, Form-16Do note that if you file with http://www.cleartax.in you never have to choose which form to file since we do that for you automatically.signNow out to us support@cleartax.in if you need help! -
Suppose 50.00 mL of 2.0 x 10^-4 M Fe(NO3) 3 is added to 50.00 mL of 2.0 x 10^-6 M KIO3. Does a precipitate form? Why or why not? How do you know?
A double displacement reaction forms. It happens even if you don’t see any effect. For example, adding NaCl to a solution of KNO3 still gives you nothing, but a reaction is happening however it is at equilibrium. What causes precipitates to form is if one of the product is less soluble than the reactants. If you add KCl to a solution of NaClO4 you get a precipitate, why? KClO4 has minimal solubility so once you add them, a precipitate forms.I would expect the reaction to favor a formation of iron iodate precipitate because it is barely soluble. Potassium iodate is also minimally soluble too so getting a good solution would be hard. However, potassium nitrate is highly soluble so it means the reaction would suck all the potassium and nitrate ions out and keep it in solution.By the way in an equilibrium reaction (2 ionic compound dissolved in a solution) you can separate the two if the two compounds have different solubility. Concentrate the solution and the compound with the lower solubility precipitates out. You can purify ionic compounds this way. -
Let's say I average 0.63 points per game. How do I figure out how many points I need to average to equal 1.00? What algorithm do I need to do?
The variables aretotal number of games to be played (t)number of games completed (c)Currently your points are c*.63Your goal is to have t points after t games are completedYou need to average (t-c*.63)/(t-c) points per game for the remaining gamesThat is you need to earn t-c*.63 points during the next t-c games.
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