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.

Answer Posted / mohd majid khan

Hello all can anybody clear about this transaction b coz
somebody said have to calculate on one transaction and some
said on both so which one is correct. please say something
more.......
Thanks
Majid

Is This Answer Correct ?    2 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Why is it not possible to post to a customer accont in a previously closed period?

604


How does postings happen in mm during special periods?

733


what mean ny cut over activities, p/l, b/s amount how will update

1718


How many normal and special peroids can be there in a fiscal year? How do you open and close periods?

630


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 !

1496






Dear experts can you please explain to me whether a vendor/customer master data have 2 different terms of payment in the company code segment and the purchasing organization/sales area segment simultaneously??

1591


How many normal and special peroids can be there in a fiscal year? How do you open and close periods? What is the use of special periods?

610


Is it possible to create asset classes automatically? : fi- asset accounting

604


Explain dummy cost center

593


What is the difference between the chart of account view and company code view when maintaining a gl account?

620


what is sub contract ?

1486


what role & responsibilities we must show in sap fi implementation resume

1747


What are the common document types in fi?

639


What is gr/ir? What journal entries we should pass for this?

667


What is the report painter?

612