Question
Out of her monthly income of Rs. 25,000, Priya spent (Q
- 10)% on rent, (Q + 15)% on others and saved Rs. 4,500. Find Q% of her monthly income.Solution
ATQ, Priya's total income is Rs. 25,000, and she saves Rs. 4,500. So, she spends Rs.25,000−4,500=20,500. She spends (Q−10)% on rent and (Q+15)% on other expenses, totaling Rs. 20,500. The equation is = (Q−10)% × 25,000 + (Q+15)% × 25,000 = 20,500 Simplifying gives: 500Q+1250=20,500 Solving for Q: 500Q = 19,250
A dealer supplies goods worth ₹1 lakh within state and charges GST. Which taxes will apply, and who will collect them?
Taxable person means a person who isÂ
Salary received by the Partner of a Firm is charged under the head
The total of the discount column on the debit side of a cashbook is posted to the:
A company owns a block of assets with the following details for the Financial Year 2024-25:
• Opening Written Down Value (WDV) of the block: �...
A way by which the companies raise capital without going to the public is known as __________________
An example of Casual Income is
Mr. A transfers fixed deposit of ₹5 lakh to his wife without consideration. Interest of ₹50,000 is earned in her name. How will it be taxed?
A domestic company reports ₹2 crore as book profit. As per section 115JB, if its normal tax liability is ₹12 lakh, what is the Minimum Alternate Tax...
Which of the following forms are used for applicable for registration?