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Taxable income in income tax is calculated by subtracting allowable deductions from total income.
Taxable income = Total income - Allowable deductions
Total income includes salary, rental income, capital gains, etc.
Allowable deductions can include expenses like home loan interest, medical insurance premium, etc.
GAV under the head income from HP is calculated by adding the annual value of the property and deducting municipal taxes.
Calculate annual value of property by considering higher of fair rent or municipal value
Deduct municipal taxes paid during the year from the annual value
The result is the Gross Annual Value (GAV) under the head income from HP
The discussion was to give reality check of the work.
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I applied via Approached by Company and was interviewed in Aug 2017. There were 5 interview rounds.
I applied via Referral and was interviewed in Jan 2020. There were 3 interview rounds.
I applied via Naukri.com and was interviewed in Nov 2020. There were 4 interview rounds.
PWC is a leading global professional services firm with a strong reputation for excellence and innovation.
PWC has a diverse range of clients across various industries
PWC offers a wide range of services including audit, tax, and consulting
PWC has a strong focus on innovation and technology
PWC provides excellent opportunities for career growth and development
PWC has a strong commitment to corporate responsibility and sus
PWC is a multinational professional services network.
Provides audit, tax, and consulting services to various industries
Has a presence in over 157 countries
Ranked as the world's second-largest professional services network
Clients include major corporations, governments, and non-profit organizations
Earthquakes occur due to the movement of tectonic plates. Metamorphosis is the process of transformation in living organisms.
Earthquakes occur when two tectonic plates move against each other, causing a release of energy in the form of seismic waves.
Metamorphosis is a process of transformation in living organisms, where an organism undergoes a physical change in form and structure.
Examples of metamorphosis include the ...
I applied via Company Website
Handled a difficult situation by calming down an angry customer
Listened to the customer's complaint patiently
Empathized with the customer and apologized for the inconvenience caused
Offered a solution to the problem and explained the steps to be taken
Followed up with the customer to ensure their satisfaction
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