I renders interior Services, consider one project cost Rs.500000/- Scenario 1 - Material purchased on my Firm Name Material - 300000 -300000 On party behalf Labour - 200000 -150000 My expenses for Labour Contracts Profit - 50000 My Profit Scenario 2 - Material purchased by client Labour - 200000 -150000 My expenses for Labour Contracts Profit - 50000 My Profit In both Profit is same Rs. 50000/-. which is beneficial for me in terms of turnover or tax matters. and if I have to raise a bill to party as per both scenario, how it will affect bill and tax, where will I suffer loss?

2013

what's the difference between impress cash account and petty cash account

1820

Does the accounting system appear to facilitate one specialty from financial, auditing, or cost managerial or tax accounting over the others?

1124

why are accounting firms needed?

1090

ram paid to cheque rs 25000/- for comission what is the entry in tally can in this entry tds will deduct then what is the entry in tally and which voucher

1603

I got below mail stating to pay 8000 rupees to Wipro but when I went to wipro in sajapur, it was fake mail. If u receives this kind of mail, please don’t respond. Please inform to ur friends regarding this. Wipro Limited Dear candidate Your Resume has been selected by ( Wipro Limited). I have attached your Interview Process letter with this email. Kindly see the attached file. Note - you can call in official working Hours Monday to Saturday – 9 Am to 2 Pm, Company Website – www.wipro.com Note - And more details you send a email Company Email Add – career@wiprolimited.in Best Of Luck For More Details Please Click Here Wipro Limited

1996

IN VAT INVOICES DISCOUNT ALLOWED OR NOT

2158

Explain things that fall under intangible asset?

1124

if no production is take place at the start of a process in royalty accounting what will be the accounting procedure for that.

2037

What is invoice processing can u explain it?

2974

How do you add/remove a payment block for particular invoice ?

2241

how to pass journal entries for reverse tax on input tax paid

2784

You are using the accounts approach to parallel valuation and classic assets accounting. You need to create a new financial statement version to valuation based of IFRS principles. In asset accounting, what posting options can you choose for the new depreciation area? (any 2 answer) Area post in real time Area posts APC directly and depreciation periodically Area posts APC only directly Area posts APC and depreciation periodically

1599

What information is included in a bill for services?

1079

What is mutual fund sub accounting?

1155