Answer Posted / azaz.ahmad
There is a Two type Discount
1. Trade Discount
2. Cash Discount
....Trade discount is a part of Direct exp. this allowed on
the time of sales invoice.
....Cash Discount is part of Indirect exp. this allowed at
the time of collection for the our better flow of cash.
Is This Answer Correct ? | 16 Yes | 3 No |
Post New Answer View All Answers
How calculate Rent income exemptions from taxable income under income tax act.isnn't 30% of total income???? plz explain with example?
Rules for filling Income Tax return for a MNC?
I AM INTO AN EXPORT COMPANY MANUFACTURING GARMENTS. I AM PURCHASING AN INTERSTSTE ITEM AND PROVIDED FORM H NOT C. COULD I BE ABLE TO GET ANY EXEMPTION FROM TAXATION AND WHEATHER I HAVE TO CLOSE MY SALES TAX ACCOUNT FOR PROVIDING FORM H, AND IF AGAIN I COULD BE GET ANY EXEMPTION FROM FORM C ISSUING FOR THE SAME COMMODITY AND SAME SUPPLIER.
How can company withdraw the amount of Group Superannuation of the employee who has left the job before completion of one year ?
i have paid P-TAX ( employee ) in EC code & P- TAX ( COMPANY)paid in RC code.how can i solve this poblem?
please provide to us the rules of wct in andhra pradesh (Hyderabad)
type of sale and purchase tax?
what was the VAT rate on inverters(home ups) in karnataka on 2016??
How can I Proceed to my client regarding Advertisement Bill as we are dealing in advertising agency and also clear us can we deduct TDS on their bill? For Example we receive a bill from The Sandesh Ltd. of Rs. 50000/- and they do not mention service tax in the bill. So, Kindly provide the Guidelines regarding This Problem.
over all details about tax what is mean by headge fund and detail explanation?
Suppose there is a computer Inst. providing a course abc and the total fees for it is Rs.10000 per annum, now this institute gives the right to another institute to provide facility of that course on behalf of it and the fees amt. is bifercated to Regd. fees Rs. 2500, Exam fees Rs.500 and tution fees Rs.7000,now the former institute gives right to later ins. to take Rs.7000 and says that the amt. of regd. fees and Exam fees i.e Rs. 3000 must be given to it plus service tax, now we have to save the former ins. from paying service tax on Amt. 3000, how can we do this?
We had paid TDS against rent in assessment year 2009-2010. But by mistake one of the pan no of the landlord was wrongly entered. Now the demand has been raised. Please advise how to correct the situation.
What are all include taxation...? What is to be noted in the taxation...? Hints would be highly appreciated.
Can we get excise and VAT credit form staff welfare goods like shoes, uniform, goggles etc.?
Dear Friends, Hai, i want to Know that How To Fill ETDS Return. Kindly Tell I'wll we very thankful to you. Deepak Gupa