what is book building?

4 Answers  

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what is the difference between holding company and parent company

4 Answers   Capital IQ, WNS,

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what is the path of insurance calculation?

0 Answers   Capita, IBM,

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How should a charity account for its branches?

1 Answers  

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who are the potential share holders?

1 Answers  

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How to analyse the day to day sensex Points or Forex Values?

0 Answers   Cognizant,

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What do you mean by Small Scale Industries, and what is the benefit of going to SSI, Pls explain in detail ??

1 Answers  

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what is surrender of shares?

15 Answers  

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what is form No.32 in MCA?

5 Answers   AV Bistro Private Limited, Harit Path, Hero Mindmine Institute,

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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?

0 Answers  

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sir i want aao lic exam model question paper

0 Answers  

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WHAT IS THE PROCESSOR OF IMPORT & EXPORT

0 Answers   ABC,

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