Tag Archives | Treatment

Treatment of Various Tax Losses

In this article we will discuss about the treatment of various tax losses:- 1. Revenue or Trading Losses 2. Capital Losses 3. Foreign Branch Losses 4. Group Taxation. Revenue or Trading Losses: Most countries in the world allow the carry-over of losses of residents and permanent establishments of non-residents for either an unlimited or a specified period. Few countries also [...]

By Sanaya R|2016-06-22T16:01:10+00:00June 22, 2016|Domestic Tax|Comments Off

Treatment of Items of Expenses: 26 Items | Cost Accountancy

The following points highlight the twenty six items of expenses. Some items are: 1. Design and Drawing Office Costs 2. Materials Carriage, Handling and Storage Expenses 3. Transport Charges 4. Royalties and Patent Fees 5. Light, Heat and Air-conditioning 6. Repairs Renewals and Maintenance 7. Material losses and Wastages 8. Inspection Charges 9. Insurance Costs 10. Canteen Expenses and Other [...]

By Pushpender Pal|2016-06-13T06:12:37+00:00June 13, 2016|Overheads|Comments Off

This website uses cookies and third party services. OK