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Find income tax ward circle in hyderabad?
ward /circle of Saroornagar (mandal ) of RR District ,Range,Area code,Rangecode, and AO No
When A trip has been cancelled the traveler selected expenses were incurred what procedure must be followed?
DTS automatically creates a voucher: the traveler must sign in and the AO must approve it.
What is ao type of rishra for pan card?
Pan card for nris , foreign company in just 10 days at their foreign postal address!!NRI'S AND FOREIGN COMPANIES OUTSIDE INDIA CAN GET THEIR PAN CARDS IN JUST 10 DAYS AT THEIR FOREIGN POSTAL ADDRESS!!
Where is prepare statement of affairs?
Chicago fun enterprise had just completed operations for the year ended 31st December 2008. however, the owner did not keep proper accounting records. thus, difficulties arose upon the preparation of the final accounts. the owner approaches you to assist her in preparing the financial statements for the year ended 31st December 2008. the following information is made available: cash sales 172,125 cash purchases 18,000 cash paid to trade 180,000 expenses paid during the year: salaries 27,000 insurance 4,800 rent 11,600 general expenses 6,200 discount received 1,200 cash from credit customers 151,275 cash purchase of equipment on 28 December 2008 36,000 discount allowed 900 additional information: 1. the assets and liabilities of Chicago fun enterprise: 1/1/2008 31/12/2008 equipment at net book value 48,000 75,600 cash 78,360 ? inventories 15,000 21,600 trade debtors 4,500 8,100 trade creditors 10,800 15,300 accrued general expenses 1,800 15,300 prepaid salaries 2,500 - accrued salaries - 2,000 required: prepair: a) the statement ao affairs 1 January 2008. b) the cash account for the year 31 December 2008 c) the income statement for the year ended 31st December 2008 d) the balance sheet as at 31st December 2008
Journal entry income tax paid from own account?
Accounting Treatment relating to Income Tax is as follows:(1) At the time of paying advance tax:Advance Income Tax Paid A/c Dr.To Bank A/c(2)At the time of making provision for Income tax Liability:Profit & Loss A/c Dr.To Provision for Income Tax A/cFrom here onwards you will have to make proper assessment year wise reconciliation of both the accounts ie Advance Income Tax Paid A/c & Provision for Income Tax A/c. This is to be noted that every Assessment Year is separate in Income Tax. (This is to be noted that in case of an assessee who is not in default Advance Tax deposited will always be greater or equal to Provision for Income Tax. Provision for Income Tax is nothing but current Tax as per the AS-22.)(3) At the time of making self assessment payment, the entry will be same as in (1) but the narration will mention that it is a self assessment tax for the AY 200X-XX.(4) when the Assessment gets completed there are few situations arises:when our income is assessed without making any dis-allowance & charging any interest :Provision for Income Tax A/c Dr.To Advance Income Tax Paid(with the amount of Provision for Income Tax for the AY 200X-XX)when our income is assessed without making any disallowance but after charging interest eg u/s 234 : In this case the AO will issue the Demand letter u/s 156 for the payment of tax calculated under assessement , because as per rule tax paid is first adjusted towards the amount of interest due. He can also adjust this amount with any other refund which might due to you in respect of any other Assessment Year.Along with the entry passed under situation (a) , the following entries will be passedInterest Paid - Others A/c Dr.To Bank A/cIn case it is adjusted with the refund of any other Assessment Year, then the entry will be:Interest Paid - Others A/c Dr.To Advance Income Tax PaidIn this case you must make it sure that the narration clearly mentions the assessment year of which refund is adjusted against the demand. Also you will have to make proper adjustment in your reconciliation of Advance Income Tax A/c & Provision for Income Tax A/c in concerned AY.(c) When Income is assessed with some dis-allowance & Interest payable:This means that we have to pay tax demanded by AY.Income Tax Provision A/c Dr.To Advance Income Tax Paid A/c(with the amount provided for the respective Assessment Year)Income Tax Provision for earlier years - Written Back A/c Dr.Interest paid - Others A/c Dr.To Bank A/c (if paid through Bank)To Advance Income Tax Paid A/c (if adjusted by AO with refund of other AY)(with the amount of Additional Income Tax Liability arises on assessment & Interest payable )# This is to be noted that refund is not an Income from the Assessee point of view, However the interest received on refund is indirect income to be shown under other incomes.In (ii) Case, if there is interest on refund which is also adjusted with the tax demand then the entries will be:Income Tax Provision for earlier years - Written Back A/c Dr.Interest paid - Others A/c Dr.To Bank A/c (if paid through Bank)To Advance Income Tax Paid A/c (if adjusted by AO with refund of other AY)To Other Income (with amount of Interest recd. on refund which is adj. against tax demand)(with the amount of Additional Income Tax Liability arises on assessment & Interest payable )Note:- This is to be noted that in case tax on returned income is not equal to Current Tax Provision for the year, then you will have to pass the following entries to make it equal to tax on returned income (Reason for inequality may be the mistake or error that might have occurred at the time of making provision).Case (a) - When tax on returned income is more:It means you have made less provision for the Assessment Year, now you have to make the remaining provision. Now the entry will be:Income Tax Provision for earlier years - Written Back A/c Dr.To Provision for Income Tax A/cCase (b) - When tax on returned income is less:Just pass the reverse entry as passed in case (a)
When is coordination with the IP corporate account required?
Both 2 letter and AO Coordination
What was the impact of learning the British language cultural values and beliefs on Africans?
it combine the culture and beliefs ao african
What songs sing 'ao ao ao ao'?
The song might be Dynamite by Taio Cruz.
What is a rated AO video game?
AO are you kidding me AO stands for Adults Only
What does the Samoan word ao mean in English?
Ao is cloud; ao is also collect or gather.
Who is the protagonist of Ao Oni?
The main protagonist of Ao Oni is named the same as Ao Oni.
What is the population of Ao Nang?
Ao Nang's population is 7,898.
When was Longri Ao born?
Longri Ao was born in 1906.
When was Gao Ao born?
Gao Ao was born in 1990.
When did Longri Ao die?
Longri Ao died in 1981.
If dad is A positive and mom is A-positive what blood type will baby boy be?
Blood group A phenotype can be as a result of AA or AO. Going by Mendelian rules of inherittance, Group A father can be AA or AO and, Group A mother can be AA or AO. IF parents are AA & AA then all children will be AA = Group A only. IF one parent is AA & the other AO, then the children can be AA,AO,AA,AO = Group A only phenotypically. IF both are AO & AO, then the kids can be AA,AO,OA (all = Group A) and OO = Group O. So depending upon if the parents are AA or AO, the children can only be Group A or Group O (when both parents are AO).
What does te ao marama?
Te ao marama means light
