Explain the provisions relating to the carry forward

Assignment Help Accounting Basics
Reference no: EM132783823

Question 1: When a resident assessee earns income in any country other than Bangladesh with which Bangladesh does not have Double Taxation Avoidance Agreement (DTAA), what kind of method can be followed to avoid paying tax twice?

Question 2: State method of accounting under which the books of accounts can be prepared for submission with tax return.

Question 3: Briefly explain the provisions relating to the carry forward of business losses by an assessee that enjoys tax holiday U/S 46B of ITO 1984. What is the time limit for carry forward of depreciation loss suffered by an industrial undertaking that enjoys tax holiday?

Reference no: EM132783823

Questions Cloud

What action can the deputy commissioner of taxes take : If the assessee does not comply with the notice served under section 83(1), what action can the Deputy Commissioner of Taxes take?
Explain what declaration of independence is : Why did the African leaders participate, along with Europeans, in the enslavement of other Africans in the Atlantic slave trade? What factors played a role in.
ACC3005 The Accounting Research Project Assignment : ACC3005 The Accounting Research Project Assignment Help and Solution, Australian Institute of Higher Education - Assessment Writing Service
Why transfer pricing important for multinational corporation : Briefly explain four reasons why transfer pricing is important for multinational corporations.
Explain the provisions relating to the carry forward : Briefly explain the provisions relating to the carry forward of business losses by an assessee that enjoys tax holiday U/S 46B of ITO 1984.
What is public finance : What is Public Finance? Explain in detail with example. What is Private Finance? Explain the difference between Public Finance and Private Finance.
What is the break-even point in sales dollars for brian co : In addition, it has a variable cost ratio of 40 percent and total fixed costs of $9,000. What is the break-even point in sales dollars for Brian's Company?
What type you put last on your list of things to look for : What type will you put last on your list of "things to look for?" What style of art do you NOT like? Name a specific style. Why do you feel that way?
What will be the decrease in working capital : Albinoni Ltd sells a single product and has annual sales of $200,000 per year. What will be the decrease in working capital

Reviews

Write a Review

Accounting Basics Questions & Answers

  About non-parametric procedures

What are the most common reasons you would select a non-parametric test over the parametric alternative?Discuss the issue of statistical power in non-parametric tests (as compared to their parametric counterparts). Which type tends to be more power..

  Which company will recommend purchasing

If you will assess the company for five years with the required rate of return of 10%, which company will you recommend purchasing

  Prepare the journal entries to record the factory, sales

Prepare a schedule showing the employer's total cost of wages for November by function. Prepare the journal entries to record the factory, sales, and administrative payrolls including the employer's payroll taxes.

  What are the company''s noncurrent liabilities

Use the company's balance sheet to determine the amounts in the accounting equation (A = L + SE) as of January 31, 2012. What are the company's noncurrent liabilities

  Calculate estimating the cost function

Calculate estimating the cost function for total cost of production of product A using the two points method. The data collected for the past year

  Privacy laws and policies debate

The ‘best practices' in communication privacy policies at the workplace, as we've read, are ideally designed in order to maintain protection of a company's financial interests, as well as maintenance of privacy and control over any information dee..

  How much cash will Manza receive during June from customers

Operating expenses are: Salaries: $50,000; Depreciation: $12,000; Rent: $15,000; Utilities: $14,000. How much cash will Manza receive during June from customers

  What transfer price would you recommend

What transfer price would you recommend if there was no outside market for the partially processed component and Crater Division had spare capacity

  Compute the anticipated break-even sales for binoculars

DeHan Company, a sporting goods manufacturer, sells binoculars for $140 per unit. Compute the anticipated break-even sales (units) for binoculars

  Calculate income tax expense under each method

Evaluating the Effects of Three Inventory Methods on Income from Operations, Income Taxes, and Net Income (Perpetual Inventory)

  Compute approximate internal rate of return of each project

Compute the approximate internal rate of return of each project. Which one should be adopted based on the internal rate of return approach

  What is the present value of this investment

The payments start two years from today. Interest rates are 10%. What is the present value of this investment

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd