04-07-2010, 09:07 PM
Ans1 No but for convenience and to avoid legal and financial reporting complications almost 90% companies use tax year as FY.
Ans2 Yes all monetary benefits on which an organization incurs any "Mariginal Cost"is included in taxable income of an employee.
Ans3 I think a tax calculator can not resolve ambiguties rather a well designed software will also unable to resolve these ambiguties.
Ans2 Yes all monetary benefits on which an organization incurs any "Mariginal Cost"is included in taxable income of an employee.
Ans3 I think a tax calculator can not resolve ambiguties rather a well designed software will also unable to resolve these ambiguties.