ALLInterview.com :: Home Page KalAajKal.com
 Advertise your Business Here     
Browse  |   Placement Papers  |   Company  |   Code Snippets  |   Certifications  |   Visa Questions
Post Question  |   Post Answer  |   My Panel  |   Search  |   Articles  |   Topics  |   ERRORS new
   Refer this Site  Refer This Site to Your Friends  Site Map  Bookmark this Site  Set it as your HomePage  Contact Us     Login  |  Sign Up                      
tip   SiteMap shows list of All Categories in this site.
Google
 
Categories  >>  Accounting  >>  Audit
 
 


 

 
 Audit interview questions  Audit Interview Questions
 CompanyAffairs CS interview questions  CompanyAffairs CS Interview Questions
 Taxation interview questions  Taxation Interview Questions
 Accounting AllOther interview questions  Accounting AllOther Interview Questions
Question
How do i know wheather Tds deducated from Inv.or Not?(eg.If 
someone printing a banner for our office for Advertisement 
& he issue a Tax Invoice for the same. If Tds is deducted -
then why & if tds is not deducted then why
 Question Submitted By :: Kirti
I also faced this Question!!     Rank Answer Posted By  
 
  Re: How do i know wheather Tds deducated from Inv.or Not?(eg.If someone printing a banner for our office for Advertisement & he issue a Tax Invoice for the same. If Tds is deducted - then why & if tds is not deducted then why
Answer
# 1
Yes, TDS will be deducted on that invoice two time
one time as per income tax  rule on adv. contract (194 C)
one time as per vat rule- contract if vat charges in 
invoice.
 
Is This Answer Correct ?    2 Yes 0 No
Anil Kumar
 
  Re: How do i know wheather Tds deducated from Inv.or Not?(eg.If someone printing a banner for our office for Advertisement & he issue a Tax Invoice for the same. If Tds is deducted - then why & if tds is not deducted then why
Answer
# 2
If Tax invoice shows both Service tax of printing the 
banned and VAT on material use to print the banner, then we 
have to deduct TDS on Tax invoice. But if the vendor 
produce seperate bill one for service charges and one for 
material charges, then we have to deduct TDS on service 
charges bill not on material charges bill

Please somebody comment on this?
 
Is This Answer Correct ?    2 Yes 0 No
Obulirajan R
 
 
 

 
 
 
Other Audit Interview Questions
 
  Question Asked @ Answers
 
What wording should be used in the audit report? Accenture2
If a charity is required to have an audit carried out due to the level of incoming resources or expenditure, but then is below the threshold in the following years, is an audit still required?  1
what do you mean acculmated depreciation? Deloitte6
an auditor gave his report and later he found an material misstatement in the financial statements regarding the period for which he gave report.now he is willing to change his opinion.is it possible.  2
what is audit  5
What is a voucher????  4
when Deferred Tax Asset & Deferred tax liability arises?  1
what is the difference between cheque and draft Bank-Of-America9
corporate frauds  1
When is income from rented accommodation to be treated as investment income and when as trading income?  2
what ic the definition of cash in bank???  2
duties of auditor  2
How do i know wheather Tds deducated from Inv.or Not?(eg.If someone printing a banner for our office for Advertisement & he issue a Tax Invoice for the same. If Tds is deducted - then why & if tds is not deducted then why spykar2
what is a turn over ratio? SSC4
Why should we have three Accounting Principles(personal, real & nominal) instead of one  1
Is TDS on Contract is applicable on the subscription charges payable towards computer software?  1
difference b/w debit and credit  2
before appoinment, an auditor owes to a company more than rs.1000 and he clears his debt before appointment.he is due to company upto 30-06-06.he is give his report between 01- 04-06 to 31-03-07.what is the duty of the auditor while reporting on the transactios occured in his due period  1
Describe a time when u have taken on a particularly challenging or stretching target. What made it so nchallenging for u? Bharti1
what is meant by vouching?  3
 
For more Audit Interview Questions Click Here 
 
 
 
 
 
   
Copyright Policy  |  Terms of Service  |  Help  |  Site Map 1  |  Articles  |  Site Map  |   Site Map  |  Contact Us interview questions urls   External Links 
   
Copyright © 2007  ALLInterview.com.  All Rights Reserved.

ALLInterview.com   ::  Forum9.com   ::  KalAajKal.com