Answer / faisal

i want to know that how can we calculate interest on capital
of partner. what is the method of interest calculate of
partner capital amount

Answer / anil prajapti

Income Tax Rates for Partnership Firms
Assessment Year 2010-11

Flat rate of tax at 30% on the total income of the firm.
Surcharge: Nil
Education Cess: 2% of the amount of Income Tax
Secondary & Higher Education Cess: 1% on the amount of
Income Tax


Assessment Year 2008-09 and 2009-10

Flat rate of tax at 30 % on total income of the firm
Surcharge: 10% of Income tax (after rebate u/s 88E, if any)
if the net income exceeds Rs. 1 Crore. It is subject to
marginal relief in cases where income is marginally
exceeding Rs. 1 Crore.
Education Cess: 2% of the amount of Income Tax and the
surcharge
Secondary & Higher Education Cess: 1% on the amount of
Income Tax and the surcharge

What is Form H .Why we required form H. How it can benefit us?

1 Answers  

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I Need Full details about calculating value added tax ?

1 Answers  

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What is Excise & Service Tax ? What's Diffarance Excise & Service Tax ?

11 Answers  

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Dear Sir, We are running a security agency. Please suggest us Notification No.:15/2012 service Tax dated 17.03.12 which is effected from 01.07.12 Please suggest how to raise bill on our clients.

2 Answers  

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i m geting gross 12250.m i liable for tds ? if s then how much it will take?

2 Answers   TATA,

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I am Register dealer in Karnataka. One of another register dealer of karnataka has got job work at Andhra Pradesh. They asked us to deliver the material in Andhra pradesh but the invoice should be in Karnataka only. Now my question is what type of sales tax should we charges VAT / CST? As per my best knowledge whether we raised the invoice in Karnataka the invoice will raise in VAT though we deliver the material at Andhra Pradesh.

3 Answers  

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My income for the current year from Hiring Earth Moving Vehicle to a contractor will be 250000/-my total savings are 125000,payment of my childrens tution fees will be 35000 So mine will be below taxable income .Pl let me know whether there is any chance to escape from TDS obligation.If so Pl let me know the procedure

2 Answers  

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what do u meant by investment banking

0 Answers   Wipro,

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what is the formula to calculate the VAT , ST,Excise payable to govt

1 Answers   Videocon,

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I have made our pan card in delhi.so, i want to confirm that it is mandatory that I shall fill our income tax return in delhi

2 Answers  

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what is H Form

3 Answers  

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whether C form is required to be given when goods are given on sample basis for trial purpose or rejected goods

1 Answers  

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