Bazar India Accounts & Finance Executive Interview Questions and Answers

TDS stands for Tax Deducted at Source. Section 192 C of TDS pertains to TDS on payment of arrears.

• TDS is a tax collection mechanism where tax is deducted at the source of income.

• Section 192 C of TDS deals with TDS on payment of arrears.

• Arrears refer to the payment of salary or other dues that were not paid in the previous financial year.

• The employer is required to deduct TDS on such arrears at the time of payment.

• The rate of TDS for arrears payment is the average rate of inco...read more

GST compliances include filing of GSTR 1, 3B and 2A with specific due dates.

• GSTR 1 is filed monthly or quarterly depending on the turnover of the business.

• Due date for GSTR 1 is 11th of the following month for monthly filers and 13th for quarterly filers.

• GSTR 3B is filed monthly and due date is 20th of the following month.

• GSTR 2A is an auto-populated form and due date is not applicable as it is for reference purposes only.

Pivot Table is used to summarize, analyze and present large amounts of data in a structured manner.

• It helps in creating reports and charts from complex data sets.

• It allows users to quickly and easily summarize and analyze large amounts of data.

• It provides a flexible way to view data from different angles.

• It can be used to group, filter, and sort data based on various criteria.

• It is a powerful tool for data analysis and decision-making.

Depreciation methods include straight-line, declining balance, sum-of-the-years' digits, and units of production.

• Straight-line method charges an equal amount of depreciation each year.

• Declining balance method charges a higher rate of depreciation in the early years of an asset's life.

• Sum-of-the-years' digits method charges a higher amount of depreciation in the early years of an asset's life.

• Units of production method charges depreciation based on the actual usage of the asse...read more

I expect a competitive salary based on my qualifications, experience, and the responsibilities of the role.

• I am looking for a salary that reflects my skills and expertise in the field of accounts and finance.

• I would like to be compensated fairly for the responsibilities and tasks associated with the position.

• Considering my experience and the market standards, I expect a salary in the range of X to Y.

• I am open to negotiation and would appreciate a comprehensive benefits packag...read more