we have received " c" form against full rate of tax i.e
12.5% from the customers can we summiting in sales tax
department for taken a refond as consisnal rate i.e 2% sale
against "c" form , but party hasebeen mantion on the back
side of from all value inclusive of taxes i.e full rate of
tax can we utilised this form for consosnal rate ?
What are the Treatment & Implications in interstate sales
transactions if party is unregistered dealer & having
Exemption Certificate or exempted.
Difference between Journal and Journal Proper???
Please guide in details about Payroll in Tally.erp9??
Is it legal for an organization to keep two sets of
accounting records; one for tax and one for book? Why or
Short Answer on _____________Whole Sale Trade
What is Purchase Requisition means? Why we used this in MM
Module in SAP? what is t.code of it?
How and by whom the Percentage of Depreciation is fixing?
what is the frienge benefits tax?what is usefull?
which chart of depreciation copy for our Indian companies in
sap(fi-aa)? please give answer.
2. A budgeted profit statement of a company working at 75%
capacity is provided to you
Sales 9,000 units at Rs. 32 Rs. 2,88,000
Less: Direct materials Rs. 54,000
Direct wages 72,000
Gross profit 1,02,000
Less: Administration, selling and distribution costs:
varying with sales volume 27,000
Net profit 39,000
You are required to:
(a) Calculate the breakeven point in units and in value.
(b) It has been estimated that:
(i) if the selling price per unit were reduced to Rs. 28,
the increased demand
would utilise 90% of the company's capacity without any
(ii) to attract sufficient demand to utilise full capacity
would require a 15%
reduction in the current selling price and a Rs. 5,000
You are required to present a statement showing the effect
of the two
alternatives compared with the original budget and to
which of the three possible plans ought to be adopted,
i.e., the original budget
plan or (i) above or (ii) above.
(c) An independent market research study shows that by
spending Rs. 15,000 on a
special advertising campaign, the company could operate at
full capacity and
maintain the selling price at Rs. 32 per unit.
You are required to:
(i) Advise management whether this proposal should be
outstanding expenses are the expenses that "unpaid"at the
end of the accounting period e.g.salaries rent so they all
come to under nominal accounts which is debt all expenses
and losses and credit all gains
since they are unpaid hence they must be credited
At present what is the rate of excise duty on sale of Weigh
Bridge Machinery to out of state from Karnataka.
Hi Im Arun D. I m short listed for Karnatka bank interview.
Can anybody share ur experiences regarding Bank interview
of karnatka bank which was held on dec for Clerical post.
Please help me I f u can. thanx in advance
What is the Limitation of LTC expenses? or Dedcution
allowed in a year.............