Answer Posted / ravipolina
profit is the thing which is derived after meeting all the
expenses of abusiness then it could be regarded as a profit
income is the gain which is derived when they receive
certain income that can be regarded as source of income
might be in the form of commission , brokerage if any
corrections let me know
| Is This Answer Correct ? | 11 Yes | 3 No |
Post New Answer View All Answers
At present what is the rate of excise duty on sale of Weigh Bridge Machinery to out of state from Karnataka.
what do you mean by cenvat? and in which is liable?
How to calculate the TDS
How can the management breakup the salary of employee(if salary Rs.10000/-) which % they calculate the Basic,T.A,D.A,H.RA.and e.t.c.
what is reverse credit & how it is calculated in vat law in west bengal?
Can we take rebate on Exports done before 6 years ? If no, why ? What can be done ?
treatment of Service tax and TDS
What are the treatment & implications if party doesn't provide C Form in interstate sales transactions & also same if provide C Form.
How to reconcilation of modvat
The value of the tax invoice is lesser than the value on the state permit. Is this acceptable.
In TDS Challan, i had written the TAN No of my company wrongly and i file it to the Govt. what can i do now? is there any problem reg this? wat is my next step? shall i give any letter to TDS Circle in this regarding? how can i approach them? Kindly help me immdly with the procedure.
how to generate H-form and procedure for generate?
what is works contract tax? if a contractor made a bill as repairs to machinary 00000000/- service tax 12.36% on 40% on basic value Vat 5% on 60% of the basic value of the bill amount how can i deduct works contract tax? please suggest me?
Any one can mail soft copy of Balance sheet,Trading and profit and loss alc.of a small firm or small co for study
Define deferred tax liability? What items come under deferred tax liability?