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Chapter 18: Returns of Incomes and Assessments of Tax

Very Short Questions and Answers 1. What do you mean by ‘tax assessment’? List out the types of tax assessment. The term ‘assessment’ means the process of determining the tax liability of the assessee or taxpayers. Income Tax Act, 2058 has defined the term “assessment” as an assessment of tax to be paid under this […]

Chapter 17: Official Documentation, Record keeping & Information collection

Very Short Questions and Answers 1. Write short notes on the defective documents. A document issued as follows under this Act is not treated as defective: if it is in substance and effect in conformity with the Income Tax Act. if the person to whom the document is addressed is designated in it according to […]

Data Mining and Data warehousing | BIM 8th Semester TU Solution | 2017

Brief Answer Questions: What is information? Information is the processed form of data, which has meaningful values for the receiver. What is data mining? Data mining is defined as a process used to extract usable data from a larger set of any raw data.  Is privacy of data an issue in data mining? Give reason. […]

Chapter 16: Revenue Aministration

Very Short Questions and Answers 1. State any four functions carried out by Inland Revenue Department (IRD). IRD carries out the functions related to: Tax administration (Income Tax and VAT) Tax policy Taxpayer services Tax audit 2. Mention any two rights of the Government of Nepal as regards to Implementation of tax laws. The rights […]

Unit 10: Capacity Planning

Capacity Planning Any data warehouse solution will grow over time, sometimes quite dramatically. It is essential that the components of the solution (hardware, software, and database) are capable of supporting the extended sizes without unacceptable performance loss, or growth of the load window to a point where it affects the use of the system. The […]

Chapter 15: Special Provision For Individuals, Entities, and Retirement savings

Very Short Questions and Answers 1. Briefly mention the provision for deduction of retirement contribution to the approved fund by an individual. A resident individual may claim a deduction for retirement contributions made to an approved fund in an income year not exceeding Rs. 3,00,000 or one-third of the assessable income. 2. How is retirement […]

Unit 9: Data Warehousing

Data Warehousing The data warehouse is the heart of the architected environment, and is the foundation of all DSS processing. The job of the DSS analyst in the data warehouse environment is massively easier than in the classical legacy environment because there is a single integrated source of data (the data warehouse) and because the […]

Chapter 11: Information and communication Technologies in the Hollywood’s global Primacy

Hollywood, Defined Hollywood is a physical place, a district of the city of Los Angeles, California. Hollywood is a metaphor for the American entertainment industry. Hollywood is defined as the system of the US entertainment industry revolving around the following six major companies that are part of the Motion Picture Association of America (MPAA): Paramount […]