Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

what is income tax

Answer Posted / guest

Income tax = taxable income * applicable tax rate - tax offsets

taxable income = assessable income - deductions
assessable income = ordinary income + statutory income

Is This Answer Correct ?    0 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what do you mean by jounal voucher? Jounal entry for dishonored cheque can be possible thruogh jv?

2170


What is accounts payable?

2147


In Oracle Applications will Translation will create any journal entry then what is the journal entry what are the accounts affected

2125


What are the names of the codes which are needed for RTGS ? Payment and wire transfer respectively ?

1797


Define Bill of Exchange

1980


what is mean by provision ? give me examples ..

2147


A sample book on interviews is ready for free circulation with 7 chapters i.e Journal entries helpful for various occassions,Terminology,Abbreviations,Test your terminology,Multiple answers, Fill in blanks and Income tax send your requisition for Free Book Immediately to satyaki_raju@yahoo.co.in

1984


Name the Accounting Concepts

2125


Can anyone expain.. why the sensex is in points. And why the ratios is calculated. In what way its uesfull to the organisations

2220


Expand---------EDP

2484


What type of Questions are asked for Interview in Infosys - Financial Process. Any one who is into Research Analyst or Process Executive role, kindly contribute the Questions faced by you?

2218


what you mean by cross dunning

2233


What is the difference between Deffered Tax Assets & Deffered Tax Liabilities

2217


Short answer on____________Assessment Year

1826


ER-1, ER-2,ER-3,ER-4,ER-5,ER-6,ER-7 plz tell me use of these excise form

1787