What is capital amount?
Capital Amount means any amount, in money or money’s worth, which, apart from the principal sections, does not fall to be included in any computation of income for purposes of the Tax Acts, and other expressions including the word ” capital” shall be construed accordingly, Sample 1.
What is capital with example?
Capital is more durable than money and is used to produce something and build wealth. Property rights give capital it’s value and allow it to generate revenues and build wealth. Equipment, machinery, patents, trademarks, brand names, buildings, and land are a few examples.
What are the 2 types of capital?
In business and economics, the two most common types of capital are financial and human.
What is the capital needed?
Capital is the money or wealth needed to produce goods and services. In the most basic terms, it is money. All businesses must have capital in order to purchase assets and maintain their operations.
What are the two types of capital Class 9?
The different types of capital are:
- Natural capital: these are the natural resources used in the production process.
- Human capital: it is the people knowledge skills that help in the process.
- Social capital: it is the group that helps in the maintenance of human capital like families.
What are the types of capital Class 9?
(i) Land capital. (ii) Labour capital. (iii) Physical capital. (iv) Human capital.
What do you mean by working capital Class 9?
Working capital : working capital is the capital which are required during production processes. It includes raw material and money in hand.
What is Fixed Capital Class 9?
Answer Expert Verified Those materials which can be used in production over many years are called FIXED CAPITAL . for example, Tools, machines and buildings range from very simple tools such as a farmer’s plough to sophisticated machines such as generators, turbines, computers, etc.
What is meant by Yield Class 9?
Define yield. Answer: Crop produced on a given piece of land during a single season.