Interested to Buy Any Domain ? << Click Here >> for more details...
is provision for bad and doubtful debts an operating cost?
- 2 Answers
- 4732 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
In my opinion provision for B/d is not operating cost
since it is not related to prime revenue generating activity
It should be treated as other exp.
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / sagar
its not a cost at all, hence not allowed by income tax
deptt. any provision other that which is payable during the
relevant previous year is not allowed, but actual bad debt
is allowed.
| Is This Answer Correct ? | 1 Yes | 0 No |
i want know central excise duty codes with cess?
1> how can calculate tax for provide service? 2> how can calculate vat for selling product?
what is luxury tax?
what is the percentage of income tax at construction companys
About "H"form
if i baught an house @ 1500000 by cash or by cheque for self use then how much tax i liable to pay? if my annual income is not taxable, and the buying power came from earliar old property. plz clearify all asked in one private co.
Normally we sale Black Pitch on 2% CST for OMS. Now i am going to make transaction from MH to GUJ with full tax. Pls confirm % for full tax from MH to GUJ
Please tell about Work Contract Tax and How much % to be deducted, Which type of contractors come under this WCT and what is the procedure after deducting the Tax.
how to calculate tds on professional fees, salary and services
Hi, Can somebody help me to know whether WCT MVAt is applicable on catering service, if the caterer is uses his own material and labour for doing cooking in our premises and later the product is sold in the same premises for the employees. Kinldy advice whether WCT will be deducted on this.
what is the tax of business income ?
Can any one clearly difine what is Works Contract with suitable exemple
Audit 
