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Categories  >>  Accounting  >>  Taxation
 
 


 

 
 Audit interview questions  Audit Interview Questions
 CompanyAffairs CS interview questions  CompanyAffairs CS Interview Questions
 Taxation interview questions  Taxation Interview Questions
 Accounting General interview questions  Accounting General Interview Questions
 Accounting AllOther interview questions  Accounting AllOther Interview Questions
Question 
what is luxury tax?
 Question Submitted By :: Guest
I also faced this Question!!     Rank Answer Posted By  
 
  Re: what is luxury tax?
Answer
# 1		 
It is an imposition of tax on Luxury item such as 
cigarettes, Chorus, Cigar and also applicable for five star 
hotels providing Luxury facilities.
 
Is This Answer Correct ?    13 Yes 2 No
Guest
 
  Re: what is luxury tax?
Answer
# 2		 
LUXURY IS we spent on which is not as much necessary things 
for survival and govt taxes on such things
 
Is This Answer Correct ?    5 Yes 4 No
Guest
 
 
 
  Re: what is luxury tax?
Answer
# 3		 
It the tax leived on luxuries enjoyed by the occupant..
Luxury: additional satisfaction which the occupant enjoys 
that that of normal one...
 
Is This Answer Correct ?    1 Yes 1 No
Mohammed Aftab
 
  Re: what is luxury tax?
Answer
# 4		 
luxury tax is a entertainment tax means 5star hotel,cinema 
etc
 
Is This Answer Correct ?    0 Yes 1 No
Prashant Puhan
 
  Re: what is luxury tax?
Answer
# 5		 
LUXRY TAX IS A ENTERTAINMENT TAX BUT NOT ONLY IMPOSED TO 5 
STAR HOTEL BUT ALSO TO 3 STAR HOTEL
 
Is This Answer Correct ?    0 Yes 0 No
Madan Roy
 

 
 
 
Other Taxation Interview Questions
 
  Question Asked @ Answers
 
for the deduct of tds on rent including service tax or not  1
How much amount cross for applicable of TDS if any party' s and Individual, HUF. Plz tell me wait for ur answers My:- e mail Prateeka4u@ymail.com  1
Is VAT & CST should be charged on Freight charges or not.  8
i want for essuing c form .what is the formalties for this according cst department  1
What is a service tax?.How to pay the service tax return?  2
What is the basic reason behind not using anyother depreciation rates Means Why can't we use any rates lesser than applicable rates?  2
why direct tax to choose as a field for the career? BMR-Advisors3
What is the diff between Comercial tax and sales tax?  1
What is the applicable rate of service tax on work of construction company i.e. real estate developer company plz improve my knowledge about it. Apex5
What is Entry Tax as enforceable from 1.12.1999?  1
What are the TDS Rates for the financial year 2008-09?  2
WHAT IS THE ROAD PERMIT I WANT TO SALE IN OUTSIDE OF STATE WHAT IS THE REQUIRD DOCUMENT AND WHY.  2
when company issue c form to the seller it has to issue full amount of purchases or it has to deduct the 2% of cst amt Ex; purchase for rs.10000/- which includes 40 cst we have to issue c form for rs.9960 or we have to issue for rs.10000/- which one is correct Wipro7
What is MAT ? Britannia2
what is the lat date of tds deposit for march 2009 ASSESSMENT YEAR 2009-10  5
Why Issue a C form to seller & what is form no.49 Apex3
can anyone tell me rates of TDS for payment of contract, consultancy, advertizing, statioenry, salary, professional charges, technical fees, & honorarium for the financial year 2008-09  6
can anybody provide list of balance Sheet & P & L Account? Impulse5
what is vat?  6
What is TDS? Please explain rate of TDS. vguard7
 
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