Taxation Interview Questions
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If We received Purchase bill for Rs. 67320 2% CST ( Ta Rs. 1320 on Assessable value of Rs. 66000/- ) against Form C but while making payment we had paid as per 12.50 % Tax amount i.e. 8250 . Total paid Rs. 74250/- then is it necessary to give Form C to the party?

SK Enterprises,

2 2030

If we taken TIN No.for sale in intra & interstate , CST No.also required to take? ?

1172

reverse charge applicable here and sr is liable to pay service tax 100% and service provider gives service rs 114 (inclusive tax).then tell me amount payable to service provider?

NA,

1 1958

what is full rate fo tax for non submission of C forms

App Ltd,

1 1514

Cst 1% is applicable for which state in india/

Fresho,

1 3006

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!

1188

please let me know how to show the sales to unregisterd dealers in tn ctd new portal and in which annexure to select for filing sales to unregisterd dealers, cash / consumer sales

1344

if a item sale on cash bill which is under vat sechdule c local sale tax is 5% so what is the rate of CST without C Form

1271

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

Sapcon Instruments,

1223

How to calculate sales tax ?

HiTeam,

1203

Sir, I attended infrastructure company but my question is For example: Basic value- 100000 sevice tax 14500 total bill value 114500 What is the tds amount?

1 1677

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

1199

what is CST % applicable on garments sales to other state?

1287

what is period VAT revised return can be filed?

1202

agar hum koi sale return 3 month ke andar hi receive krte hai or part uski cst purchase ka bill deti hai or humse c form mangti hai to kya hum use LS-10 me tax benefit ke liye and LP-3 me c form issue krne ke liye kyoki central purchase ka haryana vat me benefit nhi milta kya dono form LP-3 and LS-10 me hum us return ko show kar skte hai

1189


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Un-Answered Questions { Taxation }

Dear Sir, I am working in account department. I want to know, Why service tax rate is change in every type of service. For Example - Rent Bill Service Tax Rate - 10.30% Taxi Bill - Service Tax Rate - 4.12% Why it change

1587


HOW MUCH PENALY IF SALES TAX IS NOT PAID ON DUE DATE IN HARYANA SALES TAX

1649


Under the provisions of the BST Act, no registered dealer is allowed to collect any amount by way of tax in excess of the amount of tax payable by him. Excess tax collected is to be forfeited to Government. However i want to know whether tax payable amount is the amount before the set off claimed or the tax payable amount after availing the set off.

1423


I want to know the TDS ammount which deducted by company.

4561


Calculate debtors at the end of the year? debtors-50000, bad debts-2000, discount allowed-1000, 5% on bad debt, 2% discount allowed?

1664






What extra accounts and legal formalities are maintened In excise firm other then normal saling firm.? also tell me tax aspect in Excise firm?

1486


procedure of service tax

1672


can i adusted our vat credit in W.C.T. payable?

3153


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

601


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

1964


what is the proccesor to caculate the firm assement

1565


what is limit of form "16" or "31",c-form & form "11" or 3b during the issued on one time.

2914


WHAT IS EXECUTION OF WORKS CONTRACT ?

1612


Should WCT deduct on Invoice where VAT charged but service tax not charged as service tax is not applicable to concern vendor (vendor gross income under 10Lacs)?

3825


i had received an arrear 0f Rs.700000/- lacs for the period 1.1.2007 to 31.3.2010 and Rs.78000 for the period 1.4.2010 to 31.7.10 during aug'2010. my normal salary for 2010-11 is 400000/-. on what amount will my rent free house perquisite be calculated? i have also claimed rebate u/s 89 by distributing my arrear salary in previous years.

1725