Question

For the year ended 31st March, 2020, Provision for Income tax has been made for Rs.5000,000. Advance payment of tax for that year amounted to Rs. 4500,000 and tax deductedat source on income earned by the company amounted to Rs. 46,000. On November 15,2019, the assessment was completed and tax liability was determined at Rs. 58,40,000.Advance payment of tax for the year ending 31st March, 2020 was Rs. 6,200,000.Show the necessary accounts for the year ending 31st March, 2020 assuming Rs. 7,000,000Provision for Taxation for the year ending 31st March, 2020.​

Answer 1

If you make $10,000 a year living in the region of California, USA, you will be taxed $885. That means that your net pay will be $9,115 per year, or $760 per month