Answer / Amritesh Ranjan

To calculate TDS (Tax Deducted at Source) liability for May 2018, you would need to access the bank statement for that month and identify any payments made to contractors or professionals who fall under the TDS-deductible category. Once you have these details, refer to the relevant tax slab rates applicable for proprietorship businesses in India during that period to determine the TDS amount.

How would the business ensure that he could not use the business cheque to pay for printing work he ordered for personal use?

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Volga is a large manufacturing company in the private sector. In 2007 the company had a gross sale of Rs.980.2 crore. The other financial data for the company are given below: Items Rs. In crore Net worth 152.31 Borrowing 165.47 EBIT 43.17 Interest 34.39 Fixed cost (excluding interest) 118.23 You are required to calculate: a. Debt equity ratio b. Operating leverage c. Financial leverage d. Combined leverage. Interpret your results and comment on the Volga’s debt policy

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What is impairment of assets?

1 Answers   CA,

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Explain what is double-entry accounting? Explain with an example?

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Tell me what happens to company's “cash account” if it borrows money from the bank by signing a note payable?

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what is golden rules of account?

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1)What is E-1 Sales (Sales in Transit) Full Guidence From Issue to receipient. 2) What is F Form How Are procedure

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what is a financial statement

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if a proprieter farm purchase any software for account what is the general entry ?

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what is the Cash purchase limit.

2 Answers   Max India,

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iam working in small industry there some bills are not having even the shop name and contact.no. whether i should consider that expenses or not if yes, whether that bill attach with the voucher?

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what aboutthe Comprised account for preparation of Book Accounts

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