Answer / salimmalik

NO. As per Sec 194C of Income tax act 1961 the cut off
amount is Rs. 30000/- and Where the aggregate of the amounts
paid/credited or likely to be paid/credited to Contractor or
Sub-contractor exceeds Rs.75,000 during the financial year,
TDS has to be deducted.

Answer / yashwanth

YES

what is meaning of Bill Discounting & how it done please explaiin me in detail

1 Answers  

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When a company sold the material to is customer which is at another state under Form-C his bill was pertaining to first quarter but the customer received in second quarter. The customer will issue Form-C as per Invoice date or Material Received date.

2 Answers  

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What is rate applicable of WCT in J&K

2 Answers  

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cab we give form c on o% sales tax

3 Answers   Airtel,

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How a dealer shall be registered under O.S.T. & C.S.T. Act?

2 Answers  

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Can Form H be given based on exicse invoice copy

1 Answers   TATA,

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is it necessary to make payment to party in the same assessment year after deducting tds

2 Answers  

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1)How to calculate HRA in Income tax 2)Kindly give me Item list applicable for Tax deduction with their Amt limit and section (Ie Lta,grautity)

0 Answers   Hero Honda,

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Dear Sir, i am doing excise part, now I have a dout Please clarify any one. my question is I submitted July month return in before 10th August. But we sold material in july to x party excise value 12% - 1000, 2% - 20 and 1% - 10 Rupees respectively, we paid this amount in the same month it's no problem sir. but now x party reject the material and invoice in september month. may i adjuste above paid amount in september month return? How can i adjuste and where can i metione this details in Excise return? please give answer it's help full for me. Advance thanks for every one reply.

1 Answers  

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If anybody have knowledge about opening for the post of accountant(for Gurgaon/Delhi) kindly mail me verma_moti@yahoo.co.in. I am handling accounting sales tax/vat,Excise,service Tax,Tds and MIS.

0 Answers  

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When tds should be paid to govt.? on provison of particular expense in com's book or after payment is made to party for that particular expense.

1 Answers  

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If seller sale exempted goods outside the state then "c form" is necessary or not?

1 Answers   Infosys,

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