Taxation Interview Questions, Answers for Freshers and Experienced asked in various Company Job Interviews

Taxation Interview Questions

Questions Answers Views Company eMail

We have wrongly used road permit of other party in consignment to kolkatta.The road permit used is the party from Kolkatta.How to resolve the issue ??

2102

Can we bill to party at Delhi and ship material to Hyderabad.My company is in gujarat.If Yes.Road permit issued by Hyderabad party on who's name and who will give C form.etc.

3 10712

what is current TDS (tax deduction at source)rate?

IBM,

3 12096

IF XXX GOT AN ORDER FROM APTRANSCO AS WORKS CONTRACT NOW XXX PLACED AN ORDER TO YYY THAT TO SUPPLY 50% OF THE MATERIAL IN ORDER. NOW WHAT IS THE SALES TAX RATE HAVE TO CHARGE BY YYY TO XXX. NOW MY DOUGHT IS YYY IS NOT SUPPLING THE GOODS TO APTRANSCO, HE CANT CHARGE 4%, IF POSSIBLE PLEASE TELL ME THT HOW CAN HE .

2282

Pls. any body tell me the limit of deduction available under the all head of deduction seperately.

1895

Can the proforma/format of C Form (Sales Tax Form for interstate)be seen on any web site? What declaration is exactly made by the purchaser in that form?

1 6759

Hi..My Question is related to TDS Claim. I have got the TDS certificate for F.Y 2009-10.TDS amount is 2200.00 Looking in 26AS( F.Y 09-10 ) I can not see any credit of 2200.00. This credit is available in 26AS of F.Y 2010-11. What shall I do avail credit of same in F.Y 09-10.

2 4736

what is mean by CST purchase way bills, is it CSt Waybills equals to CST purchase way bills?

CST, Maruti Suzuki,

1 9650

Dear sir i am a contractor and making a invoice for Rs. 1500000= in which 1200000 for material and 300000 for labour charges how should i make a invoice with material and what will for format of invoice, if i make separate invoice for material and separate for labour charges what service tax and sales tax chaeges will be. and what TDS will party deduct on my bill. pls answer as soon as possible.

2 8249

what is rate of CST on Pumps

2 4270

During the financial year if i had made CST purchase in may 2011 Rs.200000/-, in july 2011 Rs.150000/-, in august 2011 Rs.100000/- so for the above transaction i have to obtain three C forms for each transactions now let me clear that by providing relevent details to the Tax department when they will provide me the c forms for the above transactions?

Accenture, IBM,

4 6423

in gujarat. whether Vat is applicable if H form issue ?

2231

where is applicable WCT & what is limitation for applicable it on company.

1827

Hellow this is ravindra wanted to know about excise duty rates pls suggest

1952

What is the due date for payment of service tax?

2 5174

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Un-Answered Questions { Taxation }

Dearlers Margin Received for Direct sale from our Creditor, that TDS deducted for us. How to accounting in my records in Tally ERP 9

1697

What are allowable and dis-allowable expenditure?

1163

what is highseas purchase and sales? how is custom duty calculated? what are the criteria for a person dealing in shares comes under tax audit? whether all equity oriented fund are eligble for stt?

5586

Can you please provide me the present VAT precentages in Andhra pradesh and other states CST persentages with good's wise.

1976

Beginning Balance, Dec. 31, 20xx Creditable Income Tax 211,829.00 Income Tax Payable (132,808.00) > Balance 79,021.00 ITR (1st Quarter) - Jan. 31, 2016 - Mar. 31, 20xx Normal Tax (30% of Taxable Income) 2,205.02 MCIT (2% of Gross Income) 7,865.71 Aggregate Income Tax Due (Normal Tax vs. MCIT whichever is hihger) 7,865.71 Less: Tax Credits/Payments Prior Years Excess Credits 79,021.00 Creditable Tax Withheld - 79,021.00 Tax Payable, per return (71,155.29) What should be the entry in my book to record the above transactions? Thank you!

1564

My Total CTC is 12500(not gross salary), i am living in Mysore(non-metropoliton city) what will be the take home salary after deduction? thanks in advance.

1501

procedure to get Raw Material free of excise duty under Central Excise Act,

1917

how to creat e-vat return in tally

2009

Explain the procedure to calculate provident fund, esi, vat and sales tax.

1101

a x company deduct tds against our bills so how i entry this type of transaction in talyy 9.0 ?

3908

I have transfered the goods in F-Form (i.e. from one state to another) but now the problem is when I have sold the material in the Local market say for 100+tax=100tax, some of the material got defective say 50+tax=50tax. We will have to issue F-form of how much ??? 100 or 50. Kindly send me the same to my mail address - u15326@rediffmail.com

1883

What is the maximum amount to issue Form C to a dealer for the purchase of 40 crores in several bills in a quater?

11717

What is meant by asset clearance . how should i make my entries in tally

1625

How To fill vat, Tds, Service tax Return Form? Please Explain With an Example.

12254

AS PER VAT AUDIT WE HAVE REFUND OF RS.25000/- ON PURCHASE OF FIXED ASSETS WHICH WE DID NOT CLAIM LAST YEAR, NOW WHAT ENTRY SHOULD WE PASS IN BOOK. ITS URGENT

2122

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