Interested to Buy Any Domain ? << Click Here >> for more details...
U have made a Transaction Worth Rs.1,00,000..Then We made a
down Payment worth Rs.50,000..Then the FY came to an end.
When we are calculating TAX for the FY,on which amount we
will calculate TAX,do we calculate TAX for this
transaction ? .Then NEXT YEAR do we again calculate for
Rs.1,00,000.or the remaining Rs.50,000.
- 9 Answers
- 13334 Views
- IBM, I also Faced
- E-Mail Answers
Answer Posted / sireesha
here tax invoice raised .so when ever tax invoice raise tax
amount also come into consideration .it is not depend on
the down payment.but when ever ur taking inp[ut tax that
time u have to deduct upto the payment exemption.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Hi I'm looking for two SAP Project Manager (one specialized in MM/PP, one in FI) for Automotive, based in Compiègne (Oise, France). Should somebody give me an idea to find these persons ? thanks a lot !
What is deffrent Between Company Act and Income Tax Act depriciayion
Hi, Give me some scenario's where we use gap and how we use gap in sap fico.
What is a 'year shift' in sap calendar?
What is summarization in co? : co- cost center accounting
How to Block/ Un-Block GL Account?
Explain the various reference methods? : fi- general ledger accounting
Explain managerial closing. : fi- general ledger accounting
Can you have multiple retained earnings a/c?
What is the difference between a product cost collector and production order?
please can somebody help me to configure TAXINN, what are steps involved..
What is posting period variants?
What is a local currency and parallel currency?
How Systems post value in Gl Account at the time of Goods received, Invoice received means what is the System Configuration or tell me the FI-MM Configuration?
iam done billing document in sales order is not cost object the billing entry is not genearated the error is foreign trade data missing
