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Non-corporate taxpayers who defer advance tax payments are typically required to pay interest on the deferred amount. The interest rate is usually around 1% per month (1% p.m.) on the amount of tax deferred. This is a common provision in many tax systems to encourage timely payment of taxes and to compensate the government for the delayed receipt of tax revenue.
With respect to AS: 19 (Leases), which of the following statement is incorrect?
What is the journal entry for charging Depreciation under Cost Method?
What does section 6 of the Income Tax Act deal about?
A person employed to do any act for another or to represent another in dealings with third person is called:
In GST the transaction value for computation of value of supply can be rejected if-
Gross working capital refers to:
Calculate the Proprietary Ratio of the company?
In the proposed budget (2017-18), cash donation to a political party is maximum up to:
A type of market in which securities with less than one year maturity are traded, is classified as
Which of the below import duties would be imposed?
