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Salary account comes under which head mcq

WebAs per section 15, the following income shall be chargeable to income-tax under the head "Salaries": (A) any salary due from an employer or a former employer to an assessee in … WebMar 22, 2024 · APSC Prelims 2024 Test Series. SSC Full Length Free Test. Home /. General Knowledge /. salary account comes under which of the following head.

16 (Set-off and Carry-forward of Losses) - Income TaxPe

Webdepreciation at 20 % for every completed year under reducing balance method of computing depreciation. F. Any commission due or received by a partner of a firm from the firm shall not be regarded as salary income under section 15; G. Advance salary is taxable, while advance against salary is not taxable. 7. WebJan 14, 2024 · Salaries Question 1: Interest free loan will not be regarded as perquisite given by employer to employee if loan given is up to-. 10,000. 5,000. 20,000. 15,000. Answer … flower turbines precio https://calderacom.com

computation of income under the head salary Online Exam

Web3 years ago. Salary is an income, I don't know how it is indirect expense. Examveda : 5 years ago. Salary Account is generally indirect expense because it cannot be conveniently … WebNov 21, 2024 · Recent Posts. HSC Question Paper 2024 – 12th Commerce (Download Free pdf) HSC OCM Paper 2024 March – Maharashtra Board Download Free Pdf; HSC SP … WebThe motor car was self-driven by employee. Compute the income chargeable to tax under the head “Salaries” in the hands of Ms. Jyoti for the Assessment year 2024-21. Answer Computation of income from “salaries” of Ms. Jyoti for the A. 2024- 21 Particulars Basic salary [65,000 +22,000) * 12] – 12% * {[65,000 + 6,600 being 30% of `22,0000 green bull exposed

computation of income under the head salary Online Exam

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Salary account comes under which head mcq

Salary Account comes under which head - r4r.in

WebMCQs for Class 12 Accounts ... Salaries outstanding Rs 50,000 will be record in the balance sheet under (a) ... Name any two items that are shown under the head ‘Other Current … WebAccounts Payable is considered as a liability and comes under the head 'current liabilities'. It is a short-term debt payment that needs to be paid to avoid default. For example, suppose …

Salary account comes under which head mcq

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WebApr 4, 2024 · Fi, and its licensed banking partner Federal Bank, provides a salary account with many benefits. For starters, you get 10% of your salary as Fi-Coins — every month … WebRule.5.1 Income Chargeable under the Head "SALARIES". (1) The following income shall be chargeable to income-tax under the head "Salaries" : (a) any salary due from an employer …

Weba. 2015-16, 2016-17 , 2024-18 and 2024-19. b. 2015-16. c. 2024-19. d. 2016-17 and 2024-19. Question 5. Mr. Aashish is getting salary of Rs 10,000 per month. His salary is due on last … WebNov 11, 2024 · 11. Loss from business can’t be set off against… A. salaries. B. business and profession. C. capital gain. D. None of the above. 12. Loss of partnership firm can be set-off only against…

WebAnswer / ajinkya3089. 1) If company has paid the salary then following condition. apply. salary is the indirect expenses of the company.and we have. posted entry as a profit and … WebMCQ – Income under the head Salary by CA Kishan Kumar ... 16. Mr. Jagat is an employee in accounts department of Bharat Ltd., a cellular company operating in the regions of …

WebAug 20, 2024 · Hi thanks for reply I m want to maintain my individual account in tally but confuse with some under heads in Tally Like I Received salary from my ABC company and …

WebMCQ's Search Engine. Electrical Engineering. Mechanical Engineering. Civil Engineering. Automobile Engineering. Chemical Engineering. ... Salary Account comes under which … green bullet microphoneWebNov 6, 2024 · 1. Banks prepare the accounts for . a) Calendar year. b) Financial year. c) Cooperative year. d) Diwali year. 2. As per Sec. 17 of the Banking Regulation Act every bank has to transfer of profit to statutory reserve fund account: a) 10%. b) 15%. c) 20%. d) 25%. 3. Banks show the provision for income-tax under the head: a) Contingency accounts. flower turismoWebSalary account comes under which of the following head _____ ... Question Papers 229. Textbook Solutions 12836. MCQ Online Mock Tests 99. Important Solutions 3733. … green bullet mic clipWebAug 29, 2024 · Which of the following is shown in profit and loss appropriation account _____. (a) Office expenses (b) Salary of staff asked Sep 1, 2024 in Accountancy by Vijay01 … green bullet mic vocalsWebTally MCQ - English . Set 1 Set 2 Set 3 Set 4 GK in Hindi. Indian Politics; Chemistry; Indian ... Salary comes under _____ Head Home Discussion Forum. Salary comes under _____ … green bullet point copy and pasteWebJan 31, 2024 · MCQ on Income from Salary. Income from Salary MCQ with answers. Income Tax MCQs Multiple Choice Questions with Answers (2024 – 23) State Whether the … flower tustinWebTally MCQ - English . Set 1 Set 2 Set 3 Set 4 GK in Hindi. Indian Politics; Chemistry; Indian History; Physics; Biology; Books and Authors; Indian Geography; Sports; ... Salary Account … flower turbines wind tulip turbine