Question { Infosys, 124258 }

what are concepts and conventions of accounting

Answer

Concept is indicate Accounting Process.This is 12TypeAnd
Conventions is explain Accounting.

Question { Microsoft, 300976 }

What is TDS

Answer

T.D.S IS A TAX DEDUCTED SOURCE IT'S APPLICABLE IS PAYMENT
OF THE TIME AND MOST IMPORTANT LINE IS T.D.S IS APPLICABLE
IN SALARY FROM SLAB RATE.T.D.S IS MOSTLY USE OF PAYMENT
TIME.

Question { TCS, 94612 }

what is accounting standard?

Answer

Accounting standard is applied by Charted
Accountant.Accounting standard is provied the knowldge of
Acounting section.

Question { 14160 }

how many type of tax form used for sales tax, vat,service
tax, excise duty & other tax ? what is the theory of all
type of taxes applied in india ?

Answer

Vat is chrge from two type:Input and Output Dealer two type
regiterd and unregisterd (Register dealer is two type 1-
Compsite dealer 2- Regular dealer)above of 500000 It can be
registerd of Vat and Les than of 500000 It can't registerd.
TIN No. issue of Registerd dealer .
Servece Tax: When Our turn over is 900000 Ican registerd of
S.T.R than Our Gross Turnover 1000000 then oliability to
pay the S.T.P.

Question { Infosys, 86542 }

1. How many types of vat?
2. What is the sales tax purpose?

Answer

Vat basicaly is two type
1-Input Vat (Charge on Purchase)
2-Output Vat(Charge on Sale)
Sale Tax
When our Turnover Above of 900000 then it's mendetory
registration of S.T.R.
When our Turnover(Gross) above of 1000000 It's compelsoury
payment of S.T.
S.T is charge Receipt basis.

Question { Infosys, 86542 }

1. How many types of vat?
2. What is the sales tax purpose?

Answer

1.two type
A.Input Vat
this type of tax use is Registered Dealer.
B.Output Vat
this type of tax use is good sold on customer.