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Advance tax payment is the type of tax that citizens pay at receipt of their salary, or before the year ends. The government do not give special bonuses on the tax.

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What do you understand by advance tax payment did government provide any special bonus on advance payment of tax?

Advance tax payment is paying of tax to the government in advance, before the year ends. The government do not provide special bonuses.


Is rental income received in advance a liability?

Yes, rental income received in advance is considered a liability. This is because it represents an obligation for the landlord to provide the tenant with the use of the property for the period covered by the advance payment. Until the rental period occurs, the landlord has not yet earned the income, thus it is recorded as a liability on the balance sheet. Once the rental period is completed, the income can then be recognized as revenue.


What does a company typically require of a customer without a credit history?

A company typically requires a customer without a credit history to provide alternative forms of identification, such as a government-issued ID or Social Security number. They may also ask for proof of income, such as pay stubs or bank statements, to evaluate the customer's ability to make payments. Additionally, a security deposit or advance payment might be requested to mitigate risk.


When will HR Block provide the Emerald Card in 2010?

December 6th is the earliest that one can get an advance using the Emerald Card Advance program.


How do you paid credit card payment?

Imagine we are purchasing any good in a showroom. The showroom owner will ask us for payment. For this,we can give him credit card. He will insert that card into machine. Our credit card number will be saved there. Then, we will be asked for a signature to provide the bank a proof that we had given our acceptance. The shop owner will move to bank for his payment. The bank will provide him the money.

Related Questions

What do you understand by advance tax payment did government provide any special bonus on advance payment of tax?

Advance tax payment is paying of tax to the government in advance, before the year ends. The government do not provide special bonuses.


In the circular flow of goods and services what does the government use money payment to provide?

Goods and services


Difference between Advance Payment Guarantee and Performance Bond?

Contract Performance Bonds - Contractors will usually be asked to provide a performance bond for up to 20% of the contract price to protect the employer.Advance Payment Bonds - In circumstances where advances are being given before work is carried out or material delivered an advance payment bond protects the party making the advance recover the funds if the work is not completed or materials are not supplied.


What is the new eligibility for house building advance for haryana government employees-?

The new eligibility for house building for Haryana government is provide affordable housing.


Who would you forward a request for an advance decision when faced with a questionable payment in DTS?

When faced with a questionable payment in the Defense Travel System (DTS), you should forward the request for an advance decision to your designated approving official or the travel manager within your organization. They are responsible for reviewing unusual payment issues and can provide guidance or make necessary decisions. Additionally, if your organization has a finance or accounting department, they may also need to be consulted for further clarification on the payment issue.


What are the disadvantages of using a company that would give me a quick inheritance advance?

When you get an advance on an inheritance before the estate settles, you will not get the full amount. The companies that provide these advances will take a significant percentage of the inheritance, in exchange for the prompt payment and additional risk they take on.


What financial services does the UK company Cash Generators provide?

Cash Generators provide loan services, which can be either short-term or long-term loans. A short term loan is the option that this business usually suggests, with an advance payment.


Is CPA Beyond provide the weekly payment?

Yes,CPA Beyond provide the weekly and fast payment. CPA Beyond are very good with payment.


What is mobilisation guarantee and advance payment guarantee?

In civil construction projects advance is given to the contractor which is known is as Mobilization Advance. It is normally 15% of the total contract value. The prerequisite for the issue of advance is that contractor has to provide a guarantee in the shape of Bank or Insurance equal to the amount being issued to the contractor. Mobilization advance is deducted from the bills of contractor in equal installments covering the project period. On completion of recovery Guarantee provided by the contractor is released.


Can you provide your social security number when using Klarna for payment?

No, you should not provide your social security number when using Klarna for payment.


What banks provide payment protection?

As far as I'm aware and that i can find, all banks provide payment protection it would indeed be best to call the bank before hand and ask if they provide PPI (Payment protection insurance)


When to pay a hotel bill before check in or after checking out?

Most hotels will require you to either pay for your stay in advance or provide a credit card at check in. Very few, if any will allow you to register without a form of payment.