when we want bought a new asset (for ex. car)how we
calculate our income with the eye of income tax


No Answer is Posted For this Question
Be the First to Post Answer

Post New Answer

More Taxation Interview Questions

what is VAT?

4 Answers   Banking,


i paid tds through my bank account but i entered the assessment year as 2010-11(the current year) instead of 2011-12(actual assessment year). what is the remedy for this. how do i get refund for the wrongly paid sum. or is there any way to currect the assessment year?

0 Answers  


If X is an Professional Employee of ABC Ltd. and earning Rs.30000 pm (TDS u/s 194J is applicable) for Taxation purpose. Car loan has been taken on his income and Car has been registered on her wife's (spouse) name. EMI going through "X"'s (an employee)Bank account. Can he show the Interest on Car Loan in his IT returns???

2 Answers  


Under DVAT ABC is a "company" which has taken contract from Delhi state govt department and subcontracted part of work to XYZ. Where ABC is under composition scheme and XYZ is under normal scheme. Govt deducts 3% WCT from payment to ABC towards vat.Whether subcontractor is liable to pay WCT vat on his turnover though the main contractor has already discharged tax liability on entire turnover? What is the mechanism ?

1 Answers   ICA,


I am working with a partner ship firm. Their are six brances in other State. Our one branch(Haryana State) sale raw material to a customer(In Haryana)and charged all tax like excise & VAT. And purchase finished goods from the same customer for other branch in Uttarakhand. What should uttarakhand branch deduct TDS for these purchase amount. If yes, then pls send us notification nos.& TDS Section.

1 Answers  






How to make fdr entry in tally software i dont understand. when fdr open from bank and after work and interest it get closed. i want to understand how to make ledger of that and full details please help me

0 Answers   Suresh Co,


what is the process of filing the return (both)

2 Answers  


if a total slary of a person for year is 200000 presently then what is the income tax amount to be deducted? how should be the calculation? how the entries to be done in tally?

1 Answers  


What is WCT TDS? who is liable to deduct the WCT TDS?

36 Answers   Akshay Constructions, Apex, CP Solutions, UPPCL, WCT,


In advance c form dvat why not showing the amount in form verification

0 Answers  


i want to know about Form c,D,E, E-1,E-2,F,G,H,I.WHEN IS LIABILITIES OF ISSUE OF ALL RELATED FORM ON SELLER AND BUYER.PLZ SEND THE ANSWER OF THIS QUESTION ON MY E-MAIL

0 Answers  


Iam 1 truck owner and tds diduct in my trucks bills.How can i refund the tds amount. if any forms to do this.pl tell me.

1 Answers  


Categories