Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


in cash transaction, above Rs.20,000/- is invalid for
auditing but what if above Rs.20.000/- transaction is made
& how much tax will be paid if transaction is above
Rs.20,000/-



in cash transaction, above Rs.20,000/- is invalid for auditing but what if above Rs.20.000/- trans..

Answer / arisvijay

Tax exemption is valid to the extent of Rs20,000 only if its
is more than 20,000 tax has to be paid for whole amount.

Is This Answer Correct ?    2 Yes 1 No

Post New Answer

More Accounting AllOther Interview Questions

What is STPI work in accounting of a company?

2 Answers   BPO, STPI, Thomas Cook,


A cheque of Rs 65000/- received from aruna traders dishoured

5 Answers  


Define a Promissory Note

1 Answers  


A company staff's visa procedure's expenes are treated as indirect expense or not. please give the journal entry and tally posting.

2 Answers  


EXPAND_________BPDU

1 Answers  


how much percentage of ESI will be deducted in salary?

10 Answers   Amaravati, Mayur,


can you tell me how to calculate it in payrool

1 Answers  


What is the uses of invoices? how many types of invoices, and difference between invoice and voucher, invoice and bill?

1 Answers   Impetus,


What is TDS?

4 Answers  


what is the difference between cash flow and funds flow

0 Answers  


Assets are held in the Business for the purpose of____________________

0 Answers  


plz send me the accounting questions and answers of bank of america.

0 Answers   Accenture, Bank Of America,


Categories