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Categories >> Accounting >> Taxation


 Audit interview questions  Audit Interview Questions (428)
 CompanyAffairs CS interview questions  CompanyAffairs CS Interview Questions (158)
 Taxation interview questions  Taxation Interview Questions (1905)
 Accounting General interview questions  Accounting General Interview Questions (2833)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4371)
What is RITC and how it is calculated?
 Question Submitted By :: Taxation
I also faced this Question!!     Answer Posted By  
# 1
Riverse Input Tax Credit 
Is This Answer Correct ?    29 Yes 5 No
Ch.venkata Ramana
# 2
Ritc means ITC reverse under section 14 of UP VAT Act 
Is This Answer Correct ?    4 Yes 0 No
Rajveer Singh
# 3
The RITC is Reverse input tax credit 
Is This Answer Correct ?    3 Yes 0 No
R C S Rawat

Other Taxation Interview Questions
  Question Asked @ Answers
In a case one company has paid surcharge of Rs100000 by mistake. What are the remedies available to the companies. M&M-Associates 3
I have two sons & 10lacs money which is from my arrear how I can save more tax ?.......Can I give them gift 5lakh each which neither taxable for my son nor for me...........?   2
the vendor is supplying us printing application forms including material and he add 5% vat is there any chance to deduct tds   1
Company should deduct TDS or not if Company is paying the amount directly to the Sub-Contractor by Debiting the A/c of Contractor and Crediting the A/c of Sub-Contractor ?? Rate?? TATA 1
if we are purchase in 4% vat tax than can we deduct tds Komal-Texfab 12
what is mean by differed tax?   3
how will you make vat returns?   1
What is the last date of depositing tds deducted on 31st of march.   6
Can individual deduct his expences from his income at the time of his returns? Any scop is ther in Form 16A to deduct the expences from income? Which kind of expences is allowed to deduct in Form 16A?   1
what is the entry for creating DEFFERRED TAX ASSET OR LIABILITY......? one aspect we r db/cr deffered tax.what is d another aspect?????????????????????? Divya-Co. 1
Till the Discounted bill is paid by acceptor it remains. 1) A contigent liabilities for the acceptor. 2) A contigent Liabilities for the Drawer. 3) A contigent Liabilities for the bank 4) A contigent Liabilites for drawer   2
what is the diffrance between tax invoice & retail invoice what is the rule of making invoicing please detail about this./   1
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