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Taxation Interview Questions
Questions Answers Views Company eMail

Penalty if Advance tax is not paid on time for Individuals and companies?

2189

What is TDS and why we deduct it?

2045

Income Tax Rules related to TDS?

1933

Parties from where we can deduct TDS in a manufacturing company?

2358

Procedure to file TDS Returns?

2015

Timings / Months to file TDS return?

2075

Why it's necessary for a company to file TDS Returns?

1938

Penalty if TDS Returns not submitted on time?

1 6346

What is Tax Refunds ?

2 4688

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

Construction, Ranbaxy,

2492

Rules for filling Income Tax return for a MNC?

2222

Rules for filling Income Tax return for an Individual ?

ABCL,

2017

What are the various forms used for VAT?

3254

What are the various forms used for Sales Tax?

1 3868

What is the Difference between VAT and Sales Tax ?

2 5979


Post New Taxation Questions

Un-Answered Questions { Taxation }

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

2710


How to calculate long term capital gain

2196


which date Entry Tax has been started by Himachal Govt. and Please let us know the which act under Entry tax comes

1908


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

1867


What is FBT? Is there any fixed rate of tax for all? or slab rate? pls give the detailed answer with examples. My e- mail ID: vijji_tv@yahoo.com

2128


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!

1598


#IS IT NECESSARY TO COLLECT T.C.S ON EVERY POINT OF SALE# THAT IS IF MANUFACTURER SOLD ANY OTHER FOREST PRODUCE NOT BEING TENDU LEAVES (T.C.S @ 2.5%)TO TRADER,IS IT NECESSARY FOR TRADER TO DEDUCT T.C.S.MANUFACTURER ALREADY CHARGED T.C.S TO TRADER & ISSUED TO TRADER 27-D FORM.WAITING FOR CLEAR CUT REPLY

2008


what is the procedure for Delhi WCT payment , we have a registered office at mumbai and we have a branch at delhi for that renovation we have deducted WCT ,we have ur VAT and CST no for delhi branch do we need have additional registration for this payment

7479


why charges PURCHASE @ 15 % TAX RATE ?

2137


What is Form-I, FORM-F, FORM-H, FORM-E and FORM-C?

9051


The CST assessement for the FY 2006-07 is completed on 31-3- 2010 and the same is received by dealer on 22-4-10. The question is that the dealer colud not produced the original H Forms at the time time asst. except the photostat copies filed. But the CTO not allowed and calculate tax at net 4% on H Forms turnover. CTO is saying that it is time barred by 31-3-10. Therefore even after produced we can not revise. We filed with case laws that it can be revised But when it is time barred it canot be. Therefore I request You to help the dealer ANYCASE LAW is there in the above case Pl. guide us.

2182


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

1946


What is the procedures for withdrawing of form C?

2262


Can I use a single way bill for 1 vehicle dispatching material from multiple consigners to a single consignee???

2449


for applying way bill for to send the materials from one state to onother state for a part load ( not full exclussive truck load)through transporter,dose it required vehical registration number or only transporter details can do.(as for part load , transporter unable to inform the vehical number in advance).kindly advise.

1971