Any income which is earned in the financial year(2009-10)
but received in the assessment year(2010-11) wil be taxable
or not?
Answer Posted / dharmesh sati
yes it is be taxable under prior period
| Is This Answer Correct ? | 5 Yes | 0 No |
Post New Answer View All Answers
purchase of Rs 1000 were rejected and returned,however vendor returned Rs 800 and balance Rs 200 is charged to sundry exp A/c
What is an interest rate swap
Tell us in accounting, how do you define premises?
when an amountis declared as NPA by a bank whether any interest can be debited to that account after the date it is declared as NPA ? What are the guidelines of Reserve Bank of India in this respect ?
How to treat company managers personal expenses met by company if he is not taking salary from company and in future salary will be payable after deducting all personal expenses (salary amt will be decided only at paying year). pass journal entries
how do made in finalization
What is band and why the company needs this?
Is it mendatory to provide deferred tax asset, where the management not expecting taxable profit in the subsequent financial years.
What do you mean by Bill of Exchnage.How to manage ? Explain
What is balance sheet and off balance sheet?
how to treat investment fluctuation fund in case of death of a partner
we had company we provide work others they deducted tds how to pass entries in my company please tell me
A factory uses annually 24,000 units of a raw material which costs Rs. 1.25 per unit. Placing each order costs Rs. 25 and carrying cost is 6% per year of the average inventory. (a) Find the economic order quantity and the total inventory cost including the cost of material.
bank releted question interviw plz tel me
Which accounting application you prefer most and why?