Answer Posted / rekha
Commodity Transaction tax. this tax is levied when you do
trading in commodities. Like when u do do trading in
shares/securities, then STT (Security Transcation tax) is
charged. So CTT is charged on trading of commodities.
| Is This Answer Correct ? | 16 Yes | 4 No |
Post New Answer View All Answers
Does provisions need to be subtracted from reserves if net worth is calculated on the basis of share capital based method
Income Tax Department sends cheque for INR 2 Crore as Refund after completion of Assessment for A.Y.2011 - 2012 to a Company. As per IT Return filed for this year I.T. due to Government was INR 60 Lac but was assessed at INR 70 Lac. TDS due to Company was INR 3 Crore which was admitted as INR 2.7 Crore by Government. Government also adjusts Tax dues for A.Y. 2009 - 2010 of INR 40 Lac which was disputed earlier by the Company and Appeal was lying with the CIT. Government pays Interest to the Company amounting to INR 40 Lac. Provision for Income Tax made by the Company in its accounts for F.Y. 2010 - 2011 (A.Y. 2011 - 2012) was INR 50 Lac. What would be the Journal Entry at the time of receipt of Refund of INR 2 Crore from the Government in A.Y. 2014 - 2015 in the books of the Company?
analyses of Cost control
when will be appsc exams will held pls give me the dates
what is meant by search report of the company n why is it prepared?
How often is the stock market ticker updated? 15sec? 30sec?
Does any one attented HSBC audit compliance test? Please let me know asap. suraj
How to analyse the day to day sensex Points or Forex Values?
How does a bank or financial institution calculate COGS? What are the 'direct' costs of a loan or deposit revenue operation?
what is rate of service tax and form no. of service tax ? wt rules of service tax a particuler once .?
what is mean by tax holiday?
sir i want aao lic exam model question paper
Information regarding shop & establishment registration of propiertor ship & require document for this
I want to validate Customer credit payment with customer invoice, When billing time, the system check the customer credit payment, if customer credit is lesser than customer bill, system should not allow the billing further process. Can I configure in sap
what is correct accounting treatment for preliminary exps and pre-operative Expsas per AS 26? or any other applicable AS?