Till the Discounted bill is paid by acceptor it remains. 1) A contigent liabilities for the acceptor. 2) A contigent Liabilities for the Drawer. 3) A contigent Liabilities for the bank 4) A contigent Liabilites for drawer
2 8083Net Worth is: 1)total Assets less outside laibilities 2)Total liabilities plus owners equity fund 3)Current Assets less current liabilities 4)Total accumalted profit less liabilities
1 4575when cash recd. for services rendered in the past: 1)owner equity increase 2)current assets increase 3)profit increase 4)none of the above
2 5920when an endorsed bill dishonored, for the endorsee, it become the laibility? 1)of the drawee 2)of the drawer 3)of the payee 4)of the indorser
1 3901life memebership fees receved by an non profit organisation is treated as: 1)Revenue Receipt 2)capital receipt 3)deferred revenue receipt 4)both revenue and capital receipt
1 3892Hi All, I am working one company under contractual employee & My CTC is 9000 per month & take home salary is 8100, they are deducting 900/- as TDS per month on my salary, as i aware that, no TDS will be deduct below 160000 per year, can you plz post the answer or mail me on my mail id (itsaarmaan@gmail.com) (itsaarmaan@way2sms.com) Thanks in Advance to all. Hope you have correct answer & you will post as soon as possible.
3 10481What should be the TDS Deduction for technical consultancy received from Malta to an Indian Company
2 4769I have raised and rendered services in Nepal and received the TDS Certificate in Nepal Currency Can i cliam this TDS in India ? or Nepal /
3 10082IF WE PAY AUDITOR FEE FOR INCORPORATION WORK THEN UNDER WHAT GROUP IT COMES IN TALLY. 2. any other audit fee we paid suppose at the time of financal report preparing then it will comes at the same group or any other
1 9735Sir, My mother has got a sum of money about 5 lacs in the form of pension arrears. Will she have to pay the income tax on this amount which is deposited in her bank account & if it is then please suggest me to save the tax at maximum possible.
1 3831Our Company dedduct TDS on the collection charge and claim (rate diff claim, scheme claim, collection charge means , if any party take material directly form our store our company give them frieght charge and deduct tds@10.30%). my question in what category of this type of TDS decution ? is it payment to contractor or what ?
2161What are the accounting entries to be passed for TDS if person who is assessed is a Firm (or) Proprietorship (or) Company (or) person? Eg: I (CDE & Co) paid Rs. 1,00,000/- through ICICI Bank after deducting 10% of the amount (Rs. 10,000/-) as TDS (Tax Deducted as Source) to “ABC & Co” (i would like to know the entry to be posted in "CDE & Co" and "ABC & Co")
1 5315What is the accounting entry to be posted for TDS if the assess is Firm (or) Company (or) Proprietorship (or) Individual? eg: I (CDE & Co) paid Rs. 1,00,000/- through ICICI Bank after deducting 10% of the amount (Rs. 10,000/-) as TDS (Tax Deducted as Source) to “ABC & Co” (What entry should i pass in "CDE & Co" and "ABC & Co")
1 4414
What do you mean by fair rent?
is there any necessity to file TDS to purchase a thing even ater paying vat
How can company withdraw the amount of Group Superannuation of the employee who has left the job before completion of one year ?
what is the procedure for Delhi WCT payment , we have a registered office at mumbai and we have a branch at delhi for that renovation we have deducted WCT ,we have ur VAT and CST no for delhi branch do we need have additional registration for this payment
While depositing cash at any bank above then Rs 50K, we need to provide PAN Card or we have to fill form 60, but tell me why a person needs to sign FORM 60 if he is paying installments of >50K of Loan availed by him/her earlier? As if he is repaying Loan, not depositing in his A/c?
What is meant by Cost of Improvement?
What is the maximum amount to issue Form C to a dealer for the purchase of 40 crores in several bills in a quater?
What is permanent account number (pan)?
Calculate debtors at the end of the year? debtors-50000, bad debts-2000, discount allowed-1000, 5% on bad debt, 2% discount allowed?
how to filing rt-1
what data require for liability calculation under work contract tax composition scheme and regular method.
what is a rule for issue form 38 and tham form c any purchaser can issue form 38 or there is certain rule and regulation.
what is the difference between vat return and return for remittance on value added tax.
What is RITC under UP VAT. and How it is calculated.
define double entry bookkeeping