:: 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                      
Categories >> Accounting >> Accounting AllOther


 Audit interview questions  Audit Interview Questions (427)
 CompanyAffairs CS interview questions  CompanyAffairs CS Interview Questions (158)
 Taxation interview questions  Taxation Interview Questions (1898)
 Accounting General interview questions  Accounting General Interview Questions (2808)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4359)
What is the Difference between Proviso & Provision
 Question Submitted By :: Accounting-AllOther
I also faced this Question!!     Answer Posted By  
# 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 ?    11 Yes 10 No
Bhimanshu Kansal

Other Accounting AllOther Interview Questions
  Question Asked @ Answers
what is taxation ICICI 4
if an employee get 10000 per month what is his da,ta,pf,hra,it,esi percentage? Hcl 2
if the balance of the supplies account on January 1 was $500, supplies purchased during the year were $1750, and the supplies on hand at December 31 were $300, the amount for the appropriate adjusting entry at December 31 is?   1
what is reconsilation@ ADP 4
Give some example of real,personal & nominal accounts , & which kind of a/c reflect p&l & BS. Banking 15
WHAT IS A SHARE? India-Infoline 16
EXPAND______________RTA?   3
How to finalise the accounts of any private limited company?   2
If i pay 50% advance to advertise agency towards advertisement expensise, should I deduct TDS on advance payemnt.   5
what is EDP reports?   1
What is the difference between Capital Reserve and Reserve Capital? Brigade 24
Cn i know full information about ESI & PF.   3
For more Accounting AllOther Interview Questions Click Here 

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