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782

Income Tax Department sends cheque for INR 2 Crore as Refund after completion of Assessment for A.Y.2011 - 2012 to a Company. As per IT Return filed for this year I.T. due to Government was INR 60 Lac but was assessed at INR 70 Lac. TDS due to Company was INR 3 Crore which was admitted as INR 2.7 Crore by Government. Government also adjusts Tax dues for A.Y. 2009 - 2010 of INR 40 Lac which was disputed earlier by the Company and Appeal was lying with the CIT. Government pays Interest to the Company amounting to INR 40 Lac. Provision for Income Tax made by the Company in its accounts for F.Y. 2010 - 2011 (A.Y. 2011 - 2012) was INR 50 Lac. What would be the Journal Entry at the time of receipt of Refund of INR 2 Crore from the Government in A.Y. 2014 - 2015 in the books of the Company?

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Explain the difference between pearlite and cementile ?

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Explain how drupal engine works ?

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How do I combine data from two cells?

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What is microsoft access table?

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What is meant by concentration gradient? Is it correct to refer to “concentration gradient of water”?

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How do I subscribe to rss feeds?

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Expand------ARN

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How to include a file to a PHP page?

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What does return none mean in python?

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What are cosmic rays?

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Explain hybrid framework with advantages and disadvantages?

999

How do I get rid of telemetry in windows 10?

732