Answer / prasan

no there is no cess on TDS

If a person got gold by wining a lottery and TDS on the gold value was not deducted by the deductor. After getting the gold, the person tranfer the gold to his daughter. After reading the provisions of the Income Tax Act, 1961, you are required to state that who is liable to pay the tax on the value of the gold? and is there any liability of the Deductor towards non-deduction of TDS?

1 Answers  

---

If Mr.A (Individual)Net income Rs.2,00,000 in F.y.2009-10.How much income tax he has to pay.. Is it Right or wrong Total Net income = 200000 (-)Nil Tax 160000 ------- 40000 x 10/100=4000 (-)

6 Answers  

---

We are purchasing machinery from Mumbai supplier. Deliverable in Jamnagar & invoice is on our name (Maharashtra). Can we issue 'C' form?

4 Answers  

---

CST RATE IS 2 % IF C FORM IS RECEIVABLE. IF C FORM IS NOT RECEIVED WHAT WILL BE THE RATE OF CST

6 Answers   Gupta,

---

in gujarat. whether Vat is applicable if H form issue ?

0 Answers  

---

WHO IS SEND C FORM & WHATS MENTIONED THERE

1 Answers  

---

is TDS applicable on Sodexo coupons?

1 Answers   IVY Technologies,

---

I have doubt on Input VAT & Output VAT (incoming vat / outgoing vat) I have a HMS software, where we have interface to tally erp. When we import the transactions to Tally from HMS (Hospital Management System) All the purchases what we do for a period, the tax paid on these purchase are showing as out going vat. Similarly when we do the sales of those purchased items through HMS, tax collected from customer is showing as incoming vat. Is these are correct terms what they had mentioned in HMS? Please help me out.

0 Answers  

---

I am working as account in one of the logistics company for one year. I would like to know about service tax and how can I post necessary entries

0 Answers   Logistics,

---

What is supporting documents enclosed & must be required to Submit of quarterly & Yearly Sale Tax Return (Haryana)

0 Answers  

---

If I have bought goods from a seller in India and finally exported it to some other country, my understanding says I have to issue form H to seller to get cst exemption. My question is wether Bill of lading is must to be given to seller or not bcos if I give bill of lading to the seller from whom i haave bought material confidential information will go to seller as bill of lading will have buyers details...pls guide how to overcome this issue.

0 Answers   City Ads,

---

In case of senior citizen maximum exption limit .

4 Answers  

---