Interested to Buy Any Domain ? << Click Here >> for more details...
U have made a Transaction Worth Rs.1,00,000..Then We made a
down Payment worth Rs.50,000..Then the FY came to an end.
When we are calculating TAX for the FY,on which amount we
will calculate TAX,do we calculate TAX for this
transaction ? .Then NEXT YEAR do we again calculate for
Rs.1,00,000.or the remaining Rs.50,000.
- 9 Answers
- 13688 Views
- IBM, I also Faced
- E-Mail Answers
Answer Posted / chinna
the tax calculation will be to the next year,because we
received downpayment and service will be given next year so
tax belongs to next year,it comes to next financial year
balance sheet
| Is This Answer Correct ? | 0 Yes | 3 No |
Post New Answer View All Answers
What is the basic difference in customizing in profitability analysis as compared to other modules?
What are the 3 errors that you must have faced during Support?
Explain automatic payment programmer
Can you please explain the process of DMEE.
How do you manage outgoing partial payment for the vendor in fi?
Where are payment terms for vendor master maintained?
Explain an account group. What does it control?
What is a line item? : fi- general ledger accounting
What is a 'year shift' in sap calendar?
Tell me some important tickets in fico?
What is the dunning area? : fi- accounts receivable
There are result analysis categories in wip (work in process). What do you mean by the result analysis category reserves for unrealized costs?
Hi, i heard that indian banks will not support electronic bank statement. If it is right, in lock box procedure every bank should send the statement in an electronic file right? How will they manage it?
Please provide me with configuration documents of USER EXIT' Thanks Naresh
What are document types and what are they used for?
