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Taxation Interview Questions
Questions Answers Views Company eMail

a business man purchases goods at 12.5% vat... he wants to sel l the goods to other state then central sales tax will be applicable@2%.what he can do with the input tax avai lable?

1 3679

Can we take input tax credit on purchasing of table and trolley for business.....

ABC,

1 4276

PROFIT FOR THE YEAR 56000 DEPRECIATION AS PER ACCOUNT 9500 DEPRECIATION AS PER TAXATION 6350 TAX RATE 30% PASS ENTRY FOR CORPORATION TAX PROVISION.

ABC,

1 4055

COST OF ASSETS 250000 ACCUMULATED DEPRECIATION 115000 SELLING PRICE 137500 PASS ENTRY FOR THE SALE OF ASSET.

ABC,

2 5118

what is works contract tax? if a contractor made a bill as repairs to machinary 00000000/- service tax 12.36% on 40% on basic value Vat 5% on 60% of the basic value of the bill amount how can i deduct works contract tax? please suggest me?

2137

how to pass service tax reverse charge entry pass in books

3459

What is Form H .Why we required form H. How it can benefit us?

1 4446

Hello all , I have a doubt regarding TDS.My salary ranges between 22k to 26 k per month and i have a TDS component cut every month.My doubt is that what is the % of tax ? what are the ways i can get back my TDS and what are the methods that can help reducing tax .And my another doubt is that whether the tax is calculated only on the basic pay or on the whole salary I get ? because my salary has HRA in its component ,will that also be counted in tax calculation or excluded ?

Construction,

1 3545

what is the differnce between income tax and tax deducted at source?

2 4548

procedure to vat assessment?

1 4100

We have sold goods to customer against H-Form in each quarter of the year. But customer is issuing single H-Form for whole year purchase. Should we accept it or not?

3 4862

Ours is a SSI unit manufacturing Leather Footwear In himachal Pradesh . We send the Some Material for JOb Work in other state like pujnab, Haryana , and last finishing done at our end , are job worker required to pay service excise duty or service tax or other any taxes

Carlton,

2 5148

whether C form is required to be given when goods are given on sample basis for trial purpose or rejected goods

1 3716

if a person is investing rs.100 per month for 11 months of a year,how much ammount of annuity he will be paid at the end of year?

1909

WHEN FORM VAT R-2 USE?

2128


Post New Taxation Questions

Un-Answered Questions { Taxation }

Who are non resident?

1112


how & on which amt tax should be calculate on pvt ltd company or ltd company

2333


Sir, We purchased coal from NCL on CST basis. An incentive is paid on the basis of performance basis of NCL. NCL Raise there incentive bill for Rs. 1000+CST2% Rs.20 Total Rs. 1020/-. But As per Our Calculation, Incentive bill should be Rs. Basic 900+18 (CST)total Rs. 918. We argue and disputed and paid only Rs. 918/- . After Some time they also agree that incentive amount should be Rs. 900+CST but Now they revised the bill like this Basic Incentive Rs. 900+CST Rs.20/- (Original Tax value). And now they are demanding C for with CST 20/- but our pleas is that we are not liable for the mistakes made by the NCL and will issue C for for Rs. 18 Only. Now They are demanding C for for difference of Rs. 2 of CST. My Question is what should be the actually value of C form for CST ie. Rs. 18 or 20. considering the fact that we accounted only rs. 918/- in books and disputed is resolved after one year for basic value.

1918


when wct@8.75% is charged from the vendor. How much TDS has to be deducted against it??

2714


How We know we are liable for Profession Tax liability. I have an optics shop & I want PT Number so what should i do?

2285


how to generate H-form and procedure for generate?

3524


In one year how many times tds, service tax, and Mvat is paid?

2760


how to caluclate the mumbai tax with example? what is mean by credit and debit ?

2093


what is period VAT revised return can be filed?

1792


How many turnover company active TAN no applicable and how many deduction % of service.

1757


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

2275


what is excise return, what is form requirement and what is procedure for excise return?

2197


what is excise

2312


What are the basic and additional conditions for resident and ordinarily resident (ror)?

1468


I am an employee in a IT Company. While filling out the form it prompts to fill - Details of Tax deducted at source from Salary (as per form16) and then it again prompts to fill - Details of Advance tax and Self Assessment Tax. if i fill both the columns, i get end result as 2 times of Tax i paid and a refund.

2560