Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

is Discount Allowed Indirect Expences?

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


Please Help Members By Posting Answers For Below Questions

Dear All, We are a trader and doing one E-1 sales. Supplier send the material by To-pay basis, we endorse the LR and sold to Customer. Customer has given the purchase order for Basic amount and freight amount also. That means we have to pay the freight and getting the reimbursement from customer. In E-1 sales Invoice can we show the freight amount separtely as freight ? Since the customer need the freight head should be shown separetly. Or can we raise the separate debit note for this. Is it create any tax implifications in E-1? Please claify the same at the earliest. regards Regards Thananjeyan.P

2636


Define financial year?

1122


Explain the Calculation of Sales Tax?

2154


Dear Sir, Regarding for WCT, IF FORM DVAT-43 MADE FOR DELHI STATE.So Is there any Form availabe for Haryana State. Would request you to please let know Answer in Yes or No or which form is available for HR State If do you have any kind of list for same please have suggested me.

4134


what are accounting principles

2005


How to calculate rental exemption if HRA is not given seperately and what will be the maximum allowability and under which Section of Income tax

1873


procedure of service tax

2129


WHAT IS THE PROVISION OF INCOME TAX, SELF ASSESSMENT TAX AFTER AUDITING GIVE THE EXAMPLE WITH ENTERY

2238


what is the vat rate of Saw dust powder in maharashtra

4331


i have recently joined a bank as probationary officer.i ant to know hich of the two options bellow will be benefitial:- 1.receiving HRA or 2.receiving lease rent from the bank.

2104


can we purchase software agaist Form under In the telecommunications network; or

2315


What is VAT TDS? when it is applied & at what rate?

1732


what is the prime cost? and factory cost how to calculate it?

2159


How to calculate entry tax ??(In karnataka) Pls advice me complete computation details.

8604


what is cenvat credit? plz tell service tax interest rate and watz it procedure...

2354