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

Taxation Interview Questions

Questions Answers Views Company eMail

WHAT IS THE PENALTY CHARGE BY THE SALES TAX DEPARTMENT IF WE ARE ENABLE TO FILE SALES TAX RETURN AFTER ONE MONTH FROM END OF THE IVQ-2012-13.

1964

What is the time limit for Payment of VAT Payable and Filling Return?

1 4015

Which is the section or rule for non submitting c forms panelty and interest

2023

If we use google licence in our office for one year.Google raised invoice annualy. so that on which section tds will be deducted.

2092

I raised a service tax invoice against a client on which i charged service tax and without receiving any sum from client a deposited service tax on good faith but now client refuses to pay sum . so please, tell me what should i do.

Genpact,

2286

when sales made in 2% cst against c-form, the buyer issue the c form to the seller, what the seller made on these c form , how can the seller benefited by the c form?

3 6594

what is Professional Tax Slab in Karnataka

3 5368

Tamilnadu sales tax for Bleach Liquid (2011) schedule I levied tax Zero.I a register dealer purchase the product and sell to B to Karnataka state what tax has to be levied under what section? please answer.F.prabu joackinprabu@yahoo.com

1 3178

Sir My, Que. We recived hotel housing & bording charges so i have dedu. tds when section

2102

exp: bricks 4000*5% =200 is input it can be add GP @ 10%. So it cane be 200*10% = 220 output Then 220-200 = we pay only 20. It is correct or not Regards G.Kamal

1 3253

if our provision of taxation of particular year 23000/- and on that year we paid advance tax 20000/-then how we adjust this both amount.......

2 4552

what is the rate of tax, when goos purchased from outside the state without way bill

1 3954

I want to know the Taxation entries manually like(TDS,VAT, Excise duty, Income tax, statutory payment entries)

1 3124

WHAT WE HAVE TO IF WE MAKE A BILL 5% CST IN PLACE OF 2% CST AND DIPOSIT THE TAX

2 4312

Can we use ST-38 outward form for a sale of Rs-100000/- with in the state i.e haryana

3057

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Un-Answered Questions { Taxation }

In the Balance sheet of a company you see the following details, Liabilities: Provision for tax - AY 2008-09 RS 200000 AY 2009-10 RS 300000 AY 2010-11 RS 200000 Assets: Advance Tax- AY 2008-09 RS 150000 AY 2009-10 RS 300000 AY 2010-11 RS 200000 On 15-03-2011, the assessment order for AY2008-09 was received and the final tax liability was stated to be RS 250000. Pass the journal entry for the closing of the relevant accounts in the books for the AY 2008-09.

1817

What is Stock Reconciliation Statement , why we make the Stock Reconciliation Statement.

2166

WHAT WOULD BE THE RATE OF DEPRECIATION OF RAILWAY SIDING AT STRAIGHT LINE METHOD UNDER COMPANIES ACT?

4041

explain the special provisions for computing profit and gains of retail business

2157

What is the general format for a consolidated file extension? It is showing invalid file format? So how to solve the error? How to correct the file format? Help me how to know the general consolidated file format like is it tan no_finan.Yr-quarter-type.Tds is this format correct one? Last time i have found the extension as .Csi is it correct?

1807

We don't have PT, s.tax registration. Our firm is 7 years old. If we want to register, what should we do? Any body can help.

2098

Dear Sir, We are running a security agency. Please suggest us Notification No.:15/2012 service Tax dated 17.03.12 which is effected from 01.07.12 Please suggest how to raise bill on our clients.

4099

If a person purchased goods by paying vat but while selling no vat has been collected and if he is registering his firm under vat need to pay vat after registration?

1596

Making delivery challan is possiable between two branch of difference code

2236

sir, please suggest me. If in case work contract, wct not deduct by principal contractor then what is the consequence ? I mean please clear me if the principal contractor not deduct wct then is the contractor (sub) liable to pay wct ?

1654

M paying salary of Rs. 22500/-, 21500/- & 17500/- to my employees, frm June 2010. I still have not deduct TDS from their salary. I have not applied for TAN No. M also paying rent of Rs. 50,000/- pm. And also have not deducted TDS on it. What should I do now?

2522

I want to do correspondence course related for taxation, where I can learn income tax, service tax, sales tax etc. Any one can suggest from which university can I do and name of the course also.

2340

if threshhold limit is crossed then tds is deducted on which amount ? Aggregate or exceeding threshold limit?

1829

What is total income?

1789

IF MATERIAL TRFD. TO OTHER STATE BRANCH AS STOCK TRFD. IN FEBRUARY AND MATERIAL IS RECEIVED BY BRANCH IN THE M/O MARCH. THAN SHOULD WE ISUE A SEPARATE F FORM FOR THE M/O FEBRUARY AND MARCH

4607

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