Taxation Interview Questions
Questions Answers Views Company eMail

What is the Penalty/Interest charges if non-payment before due date for IT,TDS,ADVANCE TAX,VAT,ST,EXCISE DUTY,PT,ST.PF,ESI?very urgent.

ABB, ABC, Jakson,

2 9610

Type of form use in sales Tax

1482

If we issue a new sale invoice after issuing a Credit Note to the coustomer, for the previously issued sale invoice on which Central Sales Tax @2% was Paid previously,whether we will be liable to pay for charging the sales tax on new invoice and pay to the sales tax department.

1791

if i sale goods on dt 30.06.09 but calcutta party received it on 07 july ,so the party issue to form C for which quarter

9 8963

How much in the inter state tax CST For the LPG Stove

1 3174

when will submitt the c form and what is the percentage?and also hearing details?

4 5250

What is the difference between vat scrutiny and vat assesement,what is required document for both.

3 13055

What is FBT? please guide me with the example

1 3408

If I want loan upto Rs.500000/- from bank. so how much capital show in my balancesheet. please help me.

1 3618

what is GST? please guide us? what is the rate liable for GST? and when GST is applied?

3 6099

We are generally give order to the printing company for printing our uniqe file,calender,sovenour,answer sheet,envelop etc, when company submite the bill it charge the bill includes vat@4%, so can we deduct the TDS on total invoice value or only cost amount (exclude the vat).

8 23138

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

1812

I want PTR Number and I am working professionaly related documents i have but officer asked me to bring any business commencement proof. here,I have no business? so what proof i will give to him.

6818

What doyou mean by assesment order? and for what purpose it will be passed?

1597

Please guide us about Forms and where is it will use i.e.Form C, Form h, Form F. if other form has please guide us about of that Forms?

1583


Post New Taxation Questions

Un-Answered Questions { Taxation }

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

1996


what is central excise tax

1643


Can Guradians (other than parents) be dependents and can we get exemption on them at Taxation part like Medical, LTA and Sec 80DD? Pls Comment.?

1482


How to calculate entry tax on kraft papers format in excel under Assam Entry tax rules?

5886


If concern supply garments from outside purchase to movie producer for their production then is it maintain Service Tax if yes then how and at first what steps I have to take?

1495






I have doubt on Input VAT & Output VAT (incoming vat / outgoing vat) I have a HMS software, where we have interface to tally erp. When we import the transactions to Tally from HMS (Hospital Management System) All the purchases what we do for a period, the tax paid on these purchase are showing as out going vat. Similarly when we do the sales of those purchased items through HMS, tax collected from customer is showing as incoming vat. Is these are correct terms what they had mentioned in HMS? Please help me out.

5427


What is excise & service tax?

649


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

1400


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.

1442


what data require for liability calculation under work contract tax composition scheme and regular method.

1663


What is DSCR and how to calculate the same.

3494


We are a UK company selling electronic s/w licenses to customer in India. We have a PAN Number. Why is TDS being deducted on a product? Why is TDS calculated on the invoice value - surely it is supposed to be on Income and not Turnover? What is the correct TDS % deduction?

1490


in case of vehicle hired for staff pick up & drop for 1 month or 1 year, TDS is applicable ? if yes then which code is mention in challan & which rate is applicable ? in case of vehicle orner is personal or company which rate applicatble ?

1554


What is the eligibility criteria of C-Form(Manufacturing goods of borewell bits, Hammers, Drilling Tools and Air compressors, etc..). If such company will purchase safety shoes, buyer can eligible to issue C-Form?

4939


If we want to do online PT registration it starts from 2007-08. But our firm started 2005-06. What is the procedure? Manually we have to submit the documents. Can any one let me know.

1520