Start with a quick summary: 1  What is your project? 2  What are your assets? 3  How do you want the person to help? e.g. appearing at an event, signing a photo, etc. 4  Why they are a good candidate to get involved. 5  What will the celebrity get out of it? 6  Make it personal. 7  Proof read your letters, and have others look them over, too. 8  If you would like a 9  ... Inontacting celebrities can be time-consuming and expensive if you do it wrong, so it makes sense to have a solid plan before you start reaching out to people. Prepare your campaign materials thoroughly before you even consider which celebrities you want to get on board.
For the purposes of Income Tax Act, a previous year is a distinct unit. In case an asset is discarded by the business but not sold, section 43(6) permits the scrap value of the asset to be reduced from the block in the previous year in which such asset is discarded.nder the block concept, all the assets falling within the same class and subject to same rate of depreciation are clubbed together and considered as single asset. Any alterations to the value of the block have to be strictly in accordance with the provisions of Chapter IV D of Income Tax Act, 1961.
Upon the death of a spouse, the assets in a revocable trust can be used to fund a family trustâalso known as a âcredit shelterâ, or âBypassâ or âA / Bâ trustâup to the amount of that spouseâs federal or state estate tax exclusion.