Advance tax calculation
This query is : Resolved
03 December 2015
Compute the estimated Gross total income, Total Income and Tax thereon by considering the below:
1. Estimated PL and B/S;
2. Compute the estimated purchase and sale of fixed assets and compute depreciation for the year;
3. Estimate the other heads of income (HP, CG and OI);
4. Estimate the exemptions us 10;
5. Estimate the deductions under chapter VI;
6. Estimate the deductions u/s 35....
7. Estimate the disallowances;
8. Estimate the other deductions allowed under IT Act
9. Consider any other of items adjustments under IT Act.
1. Estimated PL and B/S;
2. Compute the estimated purchase and sale of fixed assets and compute depreciation for the year;
3. Estimate the other heads of income (HP, CG and OI);
4. Estimate the exemptions us 10;
5. Estimate the deductions under chapter VI;
6. Estimate the deductions u/s 35....
7. Estimate the disallowances;
8. Estimate the other deductions allowed under IT Act
9. Consider any other of items adjustments under IT Act.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Deemed Capital Gain
- Exiting partner in partnership firm in gst portal
- F & O PROFIT REPORTING FOR AY 2026-27
- Type of Capital Gain
- Residential status of non resident
- NRI INSURANCE ADVISOR
- Taxability of credit in canara bank ET & T section (NRO)
- Traces submitting correction statement error
- ASMT-10 received from A O
- ITR-3 File/Error Found
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
- Rent claimed on building given on permissive possession basis
- TDS on property - Form 141 query
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
