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Ankita -- Portfolio

Ankita Megotia

new delhi

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What is business environment ? Write down the characteristics of Business Environment.
Mar. 09, 2018
.....The basic source of income-tax law is ??
Dec. 08, 2017
How do I distinguish between the Internal Control Questionnaire and Internal Control Evaluation? Please help
Feb. 08, 2018
Explain, Difference between Transactional Leadership Style and Transformational Leadership Style.

Difference between transformational and transactional leadership 1. Transformational leadership style uses charisma and enthusiasm to inspire people to exert them for the good of organization. Transactional leadership style uses the authority of its offices to exchange rewards such as pay, status, etc. 2. Transformational leadership style may be appropriate in turbulent environment, in industries at the very start or end of their cycles, poorly performing organisations, when there is a need to inspire a company to embrace major changes. Transactional leadership style can be appropriate in settled environment, in growing or mature industries and in organisations that are performing well. 3. Transformational leaders inspire employees by offering the excitement, vision, intellectual stimulation and personal satisfaction. Transactional leaders prefer a more formalized approach to motivation, setting clear goals with explicit rewards or penalties for achievement and non-achievement. Transactional leaders focus mainly to build on existing culture and enhance current practices.
.....In case of local supply of goods/ services, the supplier would charge dual GST i.e., CGST and SGST at specified rates on the supply.
Dec. 08, 2017
.....Short-term capital gains arising on transfer of listed shares on which STT is paid at the time of transfer, would be chargeable to what tax rate?
Dec. 08, 2017
Hi
My father is a truck owner, He has 2 trucks and a pickup truck and these are mentioned in his return. On September 2016, he bought a new truck on finance and paid installment on it Rs 85,700/- through auto debit system. All the freights are received by him in cash and payments with respect to those are also made in cash. What should he do in the case where cash deposit of arounf 3 lakhs will be taxable.

Also, the notes with me are of Rs 500 and Rs 1000 of the old banned currency. Please assist me in the process.
Jan. 22, 2018
How would you as an auditor assess the reliability of internal control system in Computerised Information System (CIS) environment?
Feb. 08, 2018
Explain shorty,“Management of internal linkages in the value chain could create competitor advantage in a number of ways”.

The management of internal linkages in the value chain could create competitive advantage in a number of ways: • There may be important linkages between the primary activities. For example, a decision to hold high levels of finished stock might ease production scheduling problems and provide for a faster response time to the customer. However, an assessment needs to be made whether the value added to the customer by this faster response through holding stocks is greater than the added cost. • It is easy to miss this issue of managing linkages between primary activities in an analysis if, for example, the organization's competences in marketing activities and operations are assessed separately. The operations may look good because they are geared to high-volume, low-variety, low-unit-cost of production. However, at the same time, the marketing team may be selling speed, flexibility and variety to the customers. So competence in separate activities need to be compatible. • The management of the linkages between a primary activity and a support activity may be the basis of a core competence. It may be key investments in systems or infrastructure which provides the basis on which the company outperforms competition. Computer-based systems have been exploited in many different types of service organization and have fundamentally transformed the customer experience. • Linkages between different support activities may also be the basis of core competences. For example, the extent to which human resource development is in tune with new technologies has been a key feature in the implementation of new production and office technologies. Many companies have failed to become competent in managing this linkage properly and have lost out competitively.
What is the relationship between Statutory Auditor and Internal Auditor? Please explain in brief.
Feb. 08, 2018