What is meaning of Corporate Assessee & Non Corporate
Assessee? Corporate Market & Non Corporate Market?

Answer Posted / gopal

Under Income Tax Act
Corporate Assessee means Company only

and Non Corporate Assessee Means :- Person other than
Company I.e. Individual,Huf,Firm,Local
Authority,Aop,Boi,Artificial Judicial Person

Is This Answer Correct ?    62 Yes 5 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

please inform me , how to make employee ladger account of salary...please inform me with entry..e.g if we give 14000 salary, as structure we put it half amount in advance and half is salary so in this case how to make entry in employee ledger account...please inform me...both things..Thank You.

4242


What is the Full Procedure of Purchase ?

1560


Define dual aspect term in accounting?

624


what is the Differed Tax Liability & How it is calculate ?

1970


What else ? This is the question asked to me every where every time while facing interview. I want to know is this a real question for accounting? If yes haw or if no How? I am really confuse.

1430






Define fair value accounting?

628


what single discount is to2 successive discount of 10%& 15%

1465


what are your current financial and accounting projects? What is your role?

2400


Explain me what is assets minus liabilities?

603


What are the three factors that can affect your cash flow and business profitability?

600


ram paid to cheque rs 25000/- for comission what is the entry in tally can in this entry tds will deduct then what is the entry in tally and which voucher

1098


In the absence of any provision in the partnership agreement, profits and losses are shared (a) In the ratio of capitals. (b) Equally. (c) In the ratio of loans given by them to the partnership firm. (d) None of the above.

1927


when & how interest on unsecured loan is calculated?

1489


what is lease accounting?? please explain me....

1813


Tell me what do you think is bank reconciliation statement?

644