adspace


is WCT aplicable on educational institutions also??????

Answer Posted / Yogesh Kumar Bhatta

Yes, the Withholding Tax Credit (WCT) system can apply to educational institutions as well. However, it is essential to consult with a tax professional or review the specific tax laws applicable in your jurisdiction.

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is account payee cheque? Expand ctc cheque?

1267


what is use of cost category ? which type is useful in accounting work ? give answer with solid example because iam slow learner in accounting line.

1886


can any one send me tally professional version link

1715


what is your opinion regarding T.V shows on youth

2850


Which accounting applications are your familiar with?

1062


Dear sir , 1-what is diffrence local tax & vat 2 -what is sales tax. tds. service tax challan & return due date(monthly & quartly, annually) 3- what is deprecation rate in company act 4-what is income tax latest limit-

1952


describe any accounting process that you have developed or revised

1132


Tell me do you have any professional experience of this field?

1208


As you know account executives need to be talented salespeople. Do you have experience making sales?

1087


Tell us what kind of work environment do you prefer?

1167


Tell me what is your track record for consistently achieving your targets?

1434


Do you have any professional experience in this field?

1105


why i want to join Hawkins company

2314


The following information is extracted from the audited books of accounts of a chain of food stores for the period ended 31st December 2015. Revenue Statement (Trading and Profit and Loss Account for the year ended 31st December 2015. BWP’000 BWP’000 Sales 460 Cost of good sold (220) Gross profit 240 Wages 50 Other expenses 30 (80) Net Profit 160 Note: The purchase figure included in the cost of goods sold of P255 000. Balance Sheet as at 31st December 2015 BWP’000 BWP’000 Fixed Assets 400 Current assets: Stock 80 Debtors (trade) 120 Bank 400 ----- [600] Current liabilities: Trade creditors 300 ------ [300] 300 Net Assets 700 ==== Financed by: Share capital 600 Revenue reserves 100 ------ 700 Shareholders Funds 700 ===== Required: (a) Calculate the following accounting ratios: (i) Current ratio (ii) Acid test ratio (iii) Stock turnover (in days) (iv) Debtors turnover (in days) (v) Creditors turnover (in days) (vi) Return on capital employed (ROCE) (vii) Gross profit percentage (viii) Net profit percentage (b). Give a brief comment on the performance of the company, based on the above ratios.

1793


Explain a time when you have not met your goal?

1181