Interested to Buy Any Domain ? << Click Here >> for more details...
what is income tax
- 3 Answers
- 6165 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / 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 |
Answer / ashid puzhakkal, m.com.,b.ed.
Income tax is the levy paid by the assessee to the Govt. on
the income earned during a particular year
| Is This Answer Correct ? | 6 Yes | 0 No |
Answer / guest
Income tax = taxable income * applicable tax rate - tax offsets
taxable income = assessable income - deductions
assessable income = ordinary income + statutory income
| Is This Answer Correct ? | 0 Yes | 1 No |
What is the difference between debit and credit?
how will i develop my fears in interviewd?
Definition of Health Care Accounting?
Short answer on____________Assessment Year
What is the entry for deprecation?
why are you selecting for the controlling area same company code?
Using only five 3's (can use any operators)how do you get the value as 51.
EXPAND_________TOEFEL
hi all, i'll be grateul if u can help me on this. I'v been selected as a PO in SBI. Simultaneously I'v got a job offer from British High Commission in New Delhi. Can anyone suggest which will be the better option??????????
what is content of purchase order?
what is RTGS?
11 Answers State Bank Of India SBI,
expand P R C
Audit 
