Should we take the taxes in to P& L A/c.

Answer Posted / sreeram

not only affecting to the profit, this we cannot claim as
an expens as per th Act.

Is This Answer Correct ?    8 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is dd and a in oil and gas accounting?

674


what is a state cheque? how it differes from stale cheque?

1881


what is consignment entry?

1820


ram paid to cheque rs 25000/- for comission what is the entry in tally can in this entry tds will deduct then what is the entry in tally and which voucher

1102


What is vat adjustment?

627






capital goods purchased from Singapore. payment made by bank in rupees. but the invoice value is in USD, How to make purchase entry in tally?

1095


non cash or bank income or expense

1330


Tell us what kind of work environment do you prefer?

592


Mention your extra-curricular interests. Which do you actively pursue? How do you see these developing in the future?

1953


What is the formula for acid test ratio in accounting?

624


During execution of Works Contract,If Contractee(Customer) supply goods to contractor, then it should be shown in Invoice as deduction or no need to show in Invoice.

1237


cash with drawn from bank with issuing self check vide ch no.123456 how to enter in sap. please send answer anyone this is very helpful to me

1792


WE PURCHASED ONE ASSET,HOW CAN WE CALCULATE EXCISE DUTY,VAT,SERVICE TAX?[IN CASE OF SELLING PURPOSE OR OWN PURPOSE].SHALL WE CLIME CREDIT ON THAT?THEN HOW?

1347


What is the difference between accumulated depreciation and depreciation expense?

700


Explain me fair value accounting?

605