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Marked price of the article = Rs. 600 Selling price of the article = 0.96 × 600 = Rs. 576 So, cost price of the article = 576/1.2 = Rs. 480
Which of the following accounting standards deals with "Net Profit or loss for the period, prior period items and changes in the Accounting Policies"?
Ashutosh is a horse dealer. Tausif approaches Ashutosh for a horse. Ashutosh lends a horse which he knows to be vicious, to Tausif. Ashutosh doesn't dis...
GSTN is a -----------
What is the threshold limit for deduction of tax at source for the dividends subject to DDT under Section 115-0?
The price sensitivity of the market is an important factor of ________ element of micro environment.
A company sets a standard cost of ₹50 per unit. Actual cost was ₹55 per unit for 1,000 units. The material price variance was ₹3,000 (A) and usage...
Who will notify the rate of tax to be levied under CGST Act?
With reference to the service sector in India, which of the following statements is/are incorrect?
I. The share of Se...
GST is a consumption of goods and service tax based on
The preparation of a trial balance is for:
