ALLInterview.com :: Home Page            
 Advertise your Business Here     
Browse  |   Placement Papers  |   Company  |   Code Snippets  |   Certifications  |   Visa Questions
Post Question  |   Post Answer  |   My Panel  |   Search  |   Articles  |   Topics  |   ERRORS new
   Refer this Site  Refer This Site to Your Friends  Site Map  Bookmark this Site  Set it as your HomePage  Contact Us     Login  |  Sign Up                      
Google
   
 
Categories >> Accounting >> Accounting AllOther
 
 


 

 
 Audit interview questions  Audit Interview Questions (428)
 CompanyAffairs CS interview questions  CompanyAffairs CS Interview Questions (158)
 Taxation interview questions  Taxation Interview Questions (1905)
 Accounting General interview questions  Accounting General Interview Questions (2833)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4369)
Question
What is the Difference between Proviso & Provision
 Question Submitted By :: Accounting-AllOther
I also faced this Question!!     Answer Posted By  
 
Answer
# 1
Provision:- The term 'Provision' is the legal statement
proving for something or we can say rules and relulations
to which we have to apply as per law.

Proviso:- The term 'Proviso' is the some conditions or
restrictions on provision.

For Example:- In Advance Tax, refrence to section 234c of
Income Tax Act, 1961 the provision is that if it is a
deferment of advance tax beyond due date then interest
would be 1% per month for a period of 3 months for every
deferment whenever proviso is that if any income from
capital gain and income from lottery arises after the due
date for any installment then tax payable on such income
should be paid in remaining installment without payment of
any interest.
 
Is This Answer Correct ?    14 Yes 10 No
Bhimanshu Kansal
 

 
 
 
Other Accounting AllOther Interview Questions
 
  Question Asked @ Answers
 
the bank revised the late payment penalty charges to $750 and to the borrowers A/C, pass the journal entry for the same Oracle 1
why we prepare the brs   4
Difference Between Tax Invoice and reatail Invoice ?   3
Expand---------MSRT   1
What would be the entry at the time of Generating Tution Fee Challan for Advance fees. (e.g In the Month of April, Fees of June and July in being asked to pay by school to their students?   1
why did u choose this firm KPMG 1
Answered but misspelled pl correct EARNED BUT NOT RECEIVED (ANS.DEURCCA)   2
how we can amortize the preliminary expenses calculation   1
Explain NAFCO?   2
what experience you have as cashier?   4
WHAT IS TAX AUDIT? WHY & WHEN IT IS REQUIRE?   2
EXPAND______________PDF   2
 
For more Accounting AllOther Interview Questions Click Here 
 
 
 
 
 


   
Copyright Policy  |  Terms of Service  |  Articles  |  Site Map  |  RSS Site Map  |  Contact Us
   
Copyright 2013  ALLInterview.com.  All Rights Reserved.

ALLInterview.com   ::  KalAajKal.com