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AS 22 guides how to account for taxes on income. AS 22, titled "Accounting for Taxes on Income," is an Accounting Standard issued by the Institute of Chartered Accountants of India (ICAI). This standard provides guidance on the recognition, measurement, and disclosure of taxes on income in the financial statements of an entity. It deals with both current and deferred taxes and ensures that income tax accounting is done in a consistent and appropriate manner.
The CP of a chair is Rs. 700 and the CP of a table is Rs. 900 and marked price of both the items is same. If 20% and 30% discount is given on chair and ...
A tradesman gives a 4% discount on the marked price and gives an article free for buying every 15 articles and thus gains 35%. Find out by what percenta...
A merchant fixes the sale price of his goods at 30% above the cost price. He sells his goods at a 10% discount marked price. His percentage of profit (r...
D-Mart sold two toys - one at 10% loss and another at 20% profit. What is the percent profit or loss if the cost prices of the toys are in the ratio 3:2?
A trader buys some goods for Rs 150. If the overhead expenses be 12% of cost price, then at what price should it be sold to earn 10% profit ?
A shopkeeper made a profit of 40% by selling an article for Rs. 280. If he had sold it after allowing a discount of 15% on its selling price, then find ...
If a shopkeeper hikes the purchasing value of an item by 56% and gives it a discount of 56% on the face value for selling it, then know the total percen...
The marked price of a chair is Rs. 600. If the chair is sold after allowing successive discounts of 15% and 25%, then find the se...
A man bought an article at 25% less of the marked price and sold it at 15% more than the marked price. Find the profit earned by him.
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