Interested to Buy Any Domain ? << Click Here >> for more details...
What is the difference between income year, financial year
and FBT year?
- 10 Answers
- 45911 Views
- Accenture, Capital IQ, College School Exams Tests, Genpact, I also Faced
- E-Mail Answers
Answer Posted / hafez ahammed sumon
Income Year: The year or 12 months period (based and may varies on country's tax law or Act) in which tax is levied(imposition of tax) on income earned in the financial year.
Financial Year: Generally it is the year of 12 months period and start from January to December but it can start from any month.Ex: in Bangladesh 1st July to 30 June.
FBT (Fringe Benefit Cost): It is the year of 12 months in which FBT is calculated and deposited.
| Is This Answer Correct ? | 2 Yes | 1 No |
Post New Answer View All Answers
sub hadding no. scrap & Wastage in corrugated box
How many heads are there under total income?
Dear Sir, we have purchased Poly Covers ( 360mm x 560mm)for raw material use.This Input vat claim it or not ?
we are the manufacture of leather shoes, we send the shoe sample to some parties , can it we shown in RG1 Register , if shown then , where ? if not then why ?
what is the significance of business taxation in private company?
when form h, form d, form 38, form h issu , what is the process of get it , who is the liable to get it , any % tax apply against issu this form, please give me answer on my e.mail sonidilip87@yahoo.com
In wct limit is Rs.5lac if vendor provide bill below 5lac wct will applicable or it aggregate I need deduction of wct 5lac slap
Sir, We purchased coal from NCL on CST basis. An incentive is paid on the basis of performance basis of NCL. NCL Raise there incentive bill for Rs. 1000+CST2% Rs.20 Total Rs. 1020/-. But As per Our Calculation, Incentive bill should be Rs. Basic 900+18 (CST)total Rs. 918. We argue and disputed and paid only Rs. 918/- . After Some time they also agree that incentive amount should be Rs. 900+CST but Now they revised the bill like this Basic Incentive Rs. 900+CST Rs.20/- (Original Tax value). And now they are demanding C for with CST 20/- but our pleas is that we are not liable for the mistakes made by the NCL and will issue C for for Rs. 18 Only. Now They are demanding C for for difference of Rs. 2 of CST. My Question is what should be the actually value of C form for CST ie. Rs. 18 or 20. considering the fact that we accounted only rs. 918/- in books and disputed is resolved after one year for basic value.
what is service tax? how its count? and why its count?
we have some central purchase bill against c form i want c form against this bill what requirment for form because we have not recived any c form from the cst office please advice me what i do . thanks
What is the commitment to the bankers against L/C ? They need any colletral Security or any deposit ? What is terms & conditions of L/c?
How can I Return CST Form-I
professional tax rate
Hi, I am a VAT/CST dealer in Pune. I had got a work contract with other AP state government. can i purchase material in AP state on 2% CST on issuing 'C' form and supply the same material to the AP state government on VAT /CST 5%. As the government departments are not issuing 'D' forms. please guide.
sir mai ek bar cst online tax payment kar raha tha to sar maine tac par na click kar ke interst par click kar di ho mai kya karu please give a anwers
