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Categories  >>  Accounting  >>  Accounting General
 
 


 

 
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 Accounting General interview questions  Accounting General Interview Questions
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Question
sir,
I wanted to know what is the difference between cash and 
cheque payment in terms of tax.
 Question Submitted By :: Shivangini Pandey
I also faced this Question!!     Rank Answer Posted By  
 
  Re: sir, I wanted to know what is the difference between cash and cheque payment in terms of tax.
Answer
# 1
Whatever mode we are making payment, tax should be deducted and remit to Govt. For Cash Payment more than Rs. 20,000/- is not allowed 
Is This Answer Correct ?    2 Yes 0 No
Sivagami
 

 
 
 
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Explain . 1. Retail Invoice. 2. Tax Invoice. 3. Commercial Invoice. 4. E1 Invoice. Deloitte5
How can we explain what is an asset, consumable, stock, store item ? What are the essential differences?  2
what is the meaning of Accrual Concept? emc24
WHAT IS THE DIFFERENCE BETWEEEN CASH FLOW STATEMENT AND FUNDS FLOW STATEMENT  1
What is mean by capital gain TCS4
Hi all, can anybody help me with the mutual fund (AMC)accounting. I would like to know the accounting entries for subscriptions (premium/discount), redemptions (premium/discount), fund expenses, buying/selling securities by the fund and other fund management related accounting entries.  1
Sir, Please tell me what diesel is direct/indirect exp.  4
 
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