Interested to Buy Any Domain ? << Click Here >> for more details...
what is assessment year and previous year ?
- 50 Answers
- 168826 Views
- Bank Exams, Chartered Accountant, ICICI, SSC, TATA, I also Faced
- E-Mail Answers
Answer Posted / iqrar
assessment year is the year in which income earned is
assessed. but assessed. Previous year is the year in which
income is earned or arise.
Eg. AY 2006-07 and prev year is 2005-06
| Is This Answer Correct ? | 3 Yes | 5 No |
Post New Answer View All Answers
Dear Experts, I need your help in deriving a formula for calculating three taxes with a combination of cumulative and inclusive tax. Here are the examples with expected result. Please let me know the formula on how to get the given result. Example1: Total Product Value (V) = 1000 (with inclusive of all 3 taxes and below mentioned cumulative combinations) Tax1 rate is 10% and Tax1 is inclusive. Tax2 rate is 10% with Tax2 is inclusive and cumulative of Tax1 Tax3 rate is 10% with Tax3 is inclusive and there is no cumulative of Tax1, Tax2 Expected Results are: Tax1=76.34 Tax2=83.97 Tax3=76.34 Let me know formula to derive above values? Example2: Total Product Value (V) = 1000 (with inclusive of all 3 taxes and below mentioned cumulative combinations) Tax1 rate is 10% and Tax1 is inclusive. Tax2 rate is 10% with Tax2 is inclusive and cumulative of Tax1 Tax3 rate is 10% with Tax3 is inclusive and cumulative of Tax2 Expected Results are: Tax1=75.70 Tax2=83.27 Tax3=84.03 Please let me know formula to derive above values? Thanks in advance.
how many form used in sales tax return from begining to ending?
what is excise
WHAT IS EXCISE DUTY RATE IN HARYANA for RMC
WHAT IS FORM AND OTHER REQUIRMENT FOR FILE EXCISE RETRUN AND HOW WE FILE EXCISE RETURN ?
I wanted to know about the taxes in haryana on Software Licenses ( Paper licenses). what is the % of service tax and VAT. and the both the taxes is charged on Base Amount or service tax is charged first and then VAT is calulated on the amount with Service TAX?
Should we give C form with Freight, Insurance, P&F after CST?
Hi, Please guide me in the TDS calculation. I know the slabs.But I dont have much idea about the deduction part.What is the need of Bsic and HRA while calculating TDS.Also I heard that LIC, Rent etc is excempted from TDS.Please guide me...my email id is tinjusyriac@gmail.com Thanks in advance..
Can I know the full description about capital and revenue in nature? and also the expenses that allowed for tax and not allowed for tax?
My unit is a manufacturing unit and deals in Auto-parts and registered in Central Excise,Service Tax and Sales Tax. Now,we intend to import machines in the company for sale them in Local market.What procedures we have to follow for the aforesaid purpose?
if i am running a tank lorry and the income of the tank lorry comes under haryana VAT 2003?
IS THERE IS ANY EXUMTION FOR THE NEW CONCER TO NOT THE DEDUCT TDS IN THE 1st YEAR OF ITS INCORPORATION IF THE TURNVOER EXEED THE SPECIFIED LIMIT IN THE 1st YEAR.
What is the difference between the excise duty and the sales tax?
Hai iam a VAT Registered dealer am a manufacturer and am going to sell my products to unregistered dealers i can pay d 4% vat.. how can i make my bill format for this sgrc.gy@gmail.com. anybdy kno means pls mail me.
what is cenvat credit? plz tell service tax interest rate and watz it procedure...
