Answer Posted / ramesh
INCOME TAX IS A DIRECT TAX WHERE THE ASSESSE HAS TO PAY ON
HIS INCOME EARNED DURING THE FINANCIAL YEAR.
The income Tax Act classififes the income of
individuals into 5 different sources.
1) Income form Salaries.
2) Income from business and profession.
3) Income from house property.
4) Capital Gains.
5) other income.
| Is This Answer Correct ? | 10 Yes | 0 No |
Post New Answer View All Answers
Is interest of a business unit Operating Expense or Non Operating Expense
WHAT IS B.E.P. CHART
Please suggest the manual records needed to be maintained at NGO/CBO to record the transactions of accounts & inventory. Please also mention the need & purpose of each records/books
Define capital
what is mean by provision ? give me examples ..
last date of tds deposit yearly,tds proforma challan
What is the process of VAT & CST Registration?
Short Answer on _______Appropriation
Expand-------NABT
1. The controlling department wants to see depreciation amount on internal orders. Which customizing setting do you need to make in asset accounting?(any 3 answer) Make the internal order in active assignment object. Make the internal order an account assignment object for the depreciation run. Set the field internal order to required or optional in the screen layout. Enhance relevant transfer variant by adding the field internal order. Assign the field internal order to account determination.
when apply for ragistred in central excise no
What Question ask in MARKIT Company?
fiscal year variant Vs posting period variant
what is balancesheet adjustment a/c. what is the use of this a/c in sap fico
Is commodities transaction tax a permissible business expenditure? Explain