Answer Posted / ratnakar silekar
DIRECT TAX:
Direct tax is paid by the any person (he/she maybe
individual,HUF,AOP,BOI,etc.)to government
directely.viz,income tax,wealth tax etc.
INDIRECT TAX:
Indirect tax is paid by the person through any person
indirectly.viz;VAT, service tax, custom duty etc.
| Is This Answer Correct ? | 5 Yes | 0 No |
Post New Answer View All Answers
Short Answer on _____________Intangible Assets
wat is the fundamental analysys& technical analasys?and wat is the difference bewween fundamental analysys&technical analasys?
Dear sir,i have completed M.sc,MBA.STILL I AM NOT GETTING WELL POSITION .I THINK ON LOW BUGET ON COURSE TO IMPROVE MY POSITION IN FINANCE FIELD.
Expand--------SOT
What is Free Cash?
Short Answer on _________Accounts Receivable
Short Answer on ______________House Rent allowance
Define The Term Journal And Explain The Present Day Use?
In OD Account How Many Interest Paid or Not? and second CC Account How Many Interest Paid or Not?
Can anyone expain.. why the sensex is in points. And why the ratios is calculated. In what way its uesfull to the organisations
Classify bank account, stock of stationary account, returns inward account ou$tstanding rent account and capital account into real, personal and nominal account.
Short Answer on ___________Appreciation
hdn Systems Pvt. Ltd., manufactures a consumer durable which passes through two processes M and N. From the following details prepare necessary process ledger accounts bringing out clearly the cost of the product at each stage. Process ‘M’ Process ‘N’ Materials (Rs.) 30,000 3,000 Labour (Rs.) 10,000 12,000 Overheads (Rs.) 7,000 8,600 Input (units) 20,000 17,500 Normal loss 10% 4% Scrap value of loss (per unit) Re. 1.00 Rs. 2.00 There is no opening or closing W-I-P or stock at processes. Final output from the process ‘N’ was 17,000 units
We have a registered dealer under APVAT Act. Our company is manufacturing & marketing of seeds. seeds exempted under vat. recently we have purchased machinery for our new plant construction, against c form. now sales tax dept.not giving the c forms, because our final product is exempted, we are not eligible for c forms. kindly clarify.
Do you need an income statement if you do part time contract work at home?
