Answer Posted / srd
If the accounting income is more than the Taxable income,
it means more Tax is payable.Hence,deferred tax liability
is to be created by debiting to the Profit & loss A/c.
| Is This Answer Correct ? | 5 Yes | 2 No |
Post New Answer View All Answers
Who advance tax is the asset for company? What are the accounting entries of advance income tax
if company is registered in West Bangal and goods are purchased from Maharashtra for export, and export will be done from Maharastra, then who can issue the H form?
What is excise & service tax? What is the difference?
what is the procedure for Excisable goods transfer from Head office to branch and vice versa (the branch is located in the same state) also if the branch is located in other states. How will it affect the VAT returns
how many form used in sales tax return from begining to ending?
Hi, Please guide me in the TDS calculation. I know the slabs.But I dont have much idea about the deduction part.What is the need of Bsic and HRA while calculating TDS.Also I heard that LIC, Rent etc is excempted from TDS.Please guide me...my email id is tinjusyriac@gmail.com Thanks in advance..
How to calculate the TDS
ie it possible to charge WHT and VAT on one trancaction? if yes,kindly explain the dynamics/working of both taxes
We had paid TDS against rent in assessment year 2009-2010. But by mistake one of the pan no of the landlord was wrongly entered. Now the demand has been raised. Please advise how to correct the situation.
WE purchase Firewell for our office Rs.26500/- the vendor charge 5% vat on 26500=1325 and S.Tax 14.5% on 26500/- =3843 is it is possible please clarify
Whether C Form can be issued for the transactions that made 5-6 years back? What are the procedures?
In India for various goods supplied Excise duties applied by suppliers on goods? How to check this.. Is there any website in
i want to learn income tax work please tell me about all dedutions exempations and income detail...how to calculate tax on net income
Can a person fill a nri in an income tax form if he has been out of india for six months though he is indian citizen?
WHAT IS EXECUTION OF WORKS CONTRACT ?
