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Double deduction often refer to a tax relief. In computing your profit, we would have claimed an expense to arrive at the profit. Some countries provide an additional deduction on the same expense against you net profit to arrive at your taxable income. Thus the term DOUBLE DEDUCTION.
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What does double deduction mean?
Double deduction often refer to a tax relief. In computing your profit, we would have claimed an expense to arrive at the profit. Some countries provide an additional deduction on the same expense against you net profit to arrive at your taxable income. Thus the term DOUBLE DEDUCTION.
What is the difference between reduction and deduction?
Reduction means making the object smaller, reducing the size of something. Deduction means taking something away, making the amount smaller.
Does age matter when filing income taxes?
No...except that over 65 get a double deduction.
What does retro deduct mean?
A retro pay deduction is an odd concept. It means that the company forgot to take out the deduction before, so they are correcting the error.
What is the full form of AT par cheque?
At par means payable at full value (without deduction)
what is the standard deduction?
what is the standard deduction
What is a stimulus deduction?
What is a stimulus deduction?
What does net monthly income mean?
net monthly income means all deduction are been taking out
What is deducted?
Deduction is a synonym of subtraction. Something that can be deducted or subtracted.
What is a med 125 deduction?
125fam deduction
What is the difference between deduction for AGI and deduction from AGI?
The difference between deduction for AGI and deduction from AGI is that deduction for AGI reduces your total income before calculating your adjusted gross income, while deduction from AGI reduces your adjusted gross income after it has been calculated.
What rhymes with deduction?
reduction rhymes with deduction
