Answer Posted / vanadhi ramasami
FBT: Fringe Benefit Tax is the tax that is collected on
employer expenditure,ie,for every expense an employer done
for employee like conveyance,free food breverages etc.They
are not deducted @ source.
TDS: Tax Deducted @ source which is common for payment and
recepits. Either thing the the neccessary tax amount is
deducted from total amount and the seme will be remitted to
IT.
| Is This Answer Correct ? | 3 Yes | 0 No |
Post New Answer View All Answers
what is the good prasentation on interview
how can i make configration relation with inflation in sap
income from depreciated asset is profit or loss?
Who is the maker of the promissory note
reason for difference in Balance sheet (Asset side & Liabilites side)
Why are there 30 blue-chip companies only considered in bombay stock exchange.And why those thirty only effect the sensex
I want to know how to get Appeared to the examination of State bank of India. And how can i find the question Book Series.
Plz send me the questions that could be asked in an interview for a Bank Clerical job to suja_aln@yahoo.co.in. Thank you.
Apportion Rs 125000/- Nett loss among the partners A,B,C as per their sharing ratios 32%,16% and the balance to C. Pass journal entry
INTE3RNATIONAL ACCOUNTING STD
explain the financialand economic meaning of investment?
Which Invoice issued on Central Sale Commercial or Retail?
When is the profession tax applicable? Is there a liability on the employer to pay PT? What is the amt of PT in case salary exceed Rs. 10,000/- pm
what's accounts payable
please answer this question.the following balances were extracted from the books of modern traders on 31st dec,2010.capital(85000)fixed assets(45000)stock1-1-2010(15000)sundry debtors(20600)productive exp(3300)reserves fund(6600)discount received(800)cash in hand(6200)drawing(5000)accomulated dep.(9000)purchases(82000)bad debts(400)unproductive exp.(27400)sundry creditors(9000)sales(120000)cash at bank(25500).adjustments.stock on 31-12-2010(15000).outstanding wages (5000) write-off (600)of further bad debts. create provision for bad & doubtful debts at {5%) on debtors.unproductive expenses includes anitem of prepaid insurance (100).provide depreciation on original cost of fixed assets @ (10%).