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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 (1903)
 Accounting General interview questions  Accounting General Interview Questions (2826)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4368)
Question
dear sir if i dont know the sell bill amount the. client
give me 88036 amount cheque this cheque already cut tds
2.065% how will the service tax how i calculate this pls
give easy process.
 Question Submitted By :: Taxation
I also faced this Question!!     Answer Posted By  
 
Answer
# 1
THE SERVICE TAX WILL BE CALCULTED AS FOLLOW :
FIRST OF ALL FIND THE SALE BILL INCULDING SERVICE TAX . THE
FORMULA OF FINDING THE SALE BILL =
AMT. OF CHEQUE x100/ 100-RATE OF TDS
i,e 88036*100/97.935 = 89892

THEN FIND THE SERVICE TAX AMOUNT BY APPLYING FORMULA

=AMT. OF SALE BILL *RATE OF SERVICE TAX /100+RATE OF
SERVICE TAX
i,e 89892*10.30/110.30 = 8395
service tax amount = 8395
 
Is This Answer Correct ?    6 Yes 0 No
Gopal Khandelwal
 

 
 
 
Other Taxation Interview Questions
 
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let me know if a supplier in his invoice he has added Transportation charges & on that he is charging Vat whether vat is admissable on transportation Charges also ? Basic + Excise + Transportation charges = X amount on X amount Vat is chaged whether it is correct ( within State) Purchase. & also let me know what rule is applicable for Outside state ? HDFC 2
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I paid TDS through the bank a/c. but i entered wrong TAN no. instead of HYDC04387F I ENTERED HYDCO4378F ,and pl. tell me what can i do and how can i change TAN no.   5
I am a newly appointed consulting engineer to a coirporate infrastructure company.I am offered a consultation fee of Rs.!500000(fifteen lakhs) per annum. My question is for the purpose of working out the income tax what is the gross income.Is it the balance of the fee received less the service tax paid ?   1
profarma of computation of total income?   3
what is FBT?   6
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I am an employee in a private organisation. I purchased one computor for my personal use. can I avail depreciation on that. If so to what extent?   2
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