what do you mean by return in taxes

Answer Posted / somasrinivas

Returns means in one financial year one person earnings
after all deductions (eligible)to submit to Govt.

Is This Answer Correct ?    3 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Rules for filling Income Tax return for a domestic manufacturing company.

1990


plzzzzzz help me friend my question is, is the tds of part of income tax and when it deduct from salary and why becose tds is deduct only secoundry primary income like lotory etc..

1599


if cst sales and purchase is completed and we issue c form and received c form also.but in next month both sales and purchase are return. my question is how to pass reverse entry when c forms issue/receive. how it cst return also.

2512


Is wct charged on firm or proprietors ?

1112


who will able to deduct the tds

5115






What is the eligibility criteria of C-Form(Manufacturing goods of borewell bits, Hammers, Drilling Tools and Air compressors, etc..). If such company will purchase safety shoes, buyer can eligible to issue C-Form?

4930


if the reparing & machinery maintanance for one party the whole year payment paid rs.75000/- crossed than tds is deducted from amount

1455


what is the circle of tds and its rate chart

4840


OUR CO. ACCEPT SODEXO COUPONS FORM CUSTOMERS; WHEN WE SUBMIT COUPONS FOR REIMBURSEMENT TO SODEXO THEY DEDUCT SERVICE CHGS AND S. TAX AND PAY BALANCE AMOUNT, DOSE IT ATTRACT TDS?

2404


What is the current vat amount of aluminium goods like dishes, buckets etc hsn code is 7615-19

1212


I have doubt on Input VAT & Output VAT (incoming vat / outgoing vat) I have a HMS software, where we have interface to tally erp. When we import the transactions to Tally from HMS (Hospital Management System) All the purchases what we do for a period, the tax paid on these purchase are showing as out going vat. Similarly when we do the sales of those purchased items through HMS, tax collected from customer is showing as incoming vat. Is these are correct terms what they had mentioned in HMS? Please help me out.

5418


Need of Bank Reconciliation to a company

1730


Who advance tax is the asset for company? What are the accounting entries of advance income tax

1411


what is cenvet credit in vat.

5789


What is the difference between fund flow vs. Cash flow?

624