Answer Posted / lavanya
Befor Tax deduction and deducting expenses is gross profit.
Net profit means after deduction all the expenses and taxes.
Net Profit = Gross income - Expenses
| Is This Answer Correct ? | 3 Yes | 1 No |
Post New Answer View All Answers
What is budget variance analysis?
A company purchase goods Rs.2000/- & input vat received rs.100/- but at the time he sold goods 1000/- as a sales & 1000/- as a sock transfer. plz tell me how much take input claim in this case.
In South Africa , the current rate for value added tax is ?
Hai i have completed MBA in HR(major) And Marketing (minor). Now applying FInance if it possible please tell me
how to prepare for accontant examinations
Do you know partitioning in accounting?
wht is different between defered tax liablities and defered tax assets??????
What is accounting
How to pass the entry in tally for demolished of building?
Is financial accounting necessary?
our cheque to Arshad Khan was dishonored?
explain the relevance of closing stock account in trading a/c when preparing the gross profit?
What is the difference between accumulated depreciation and depreciation expense?
Please give me as example of service tax & Vat Posting through Tally.
A loan of 10000 with 10% interest is fully due after 6 month. What will accrue differed, outstanding?