Answer / bhimanshu kansal

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.

what is service tax, how much calculated on service?

7 Answers   Capital IQ,

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SIR, Tell me the which software useful for the accounting procees . what is difference is between the finacial accounting and mangemeting what are responsebilitys for a company .

1 Answers  

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Expand---------SPRT

1 Answers  

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what is depreciation?

2 Answers  

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What was key roles of Cashflow statement and Fund flow statement and Balnsheet..?

0 Answers   Accenture,

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clasification of accounts

7 Answers   GE, Genpact, Xansa,

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CAN PRE OPERATIVE EXPENSES BE CAPITALISED? IF YES, HOW CAN IT BE DONE?

6 Answers  

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what is accounts payable

8 Answers   Genpact,

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what is hedging?

3 Answers   Genpact,

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What is put option, call option, mutual fund?

3 Answers   Wipro,

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can a company libale to pay provident fund on employee's overtime ?

2 Answers  

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why we prepare the brs

4 Answers  

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