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

Taxation Interview Questions

Questions Answers Views Company eMail

Why Tds is not deducted on service tax amount of rent bill(let out for business purpose).

Mphasis, VNS Accessories,

2 12078

What is GST..?

1 8853

Briefly Explanation of Entry Tax when we pay the Entry Tax

1 4134

What are all include taxation...? What is to be noted in the taxation...? Hints would be highly appreciated.

1788

WE HAVE PAID SALARY 200000 PER MONTH a)COMPANY ALSO PAID HER HOUSE RENT WHICH IS 12000/- MONTH. b)FURNITURE PROVIDE WHICH COST IS 175000/ I WANT SUGGESTION HOW DEDUCTED HER TDS PER MONTH

2 5971

1.meaning of income tax,service tax,central excise,esi7pf 2.methods of filling above taxes? 3.methods of payment of taxes?

1886

Is service tax paid on LIC premium eligible for rebate under section 80C?

2 10378

what is vat rates in andhra pradesh

Astrotech, Narayana,

7 25733

what's the rate of cst applicable on computer items.

1 7651

Which permit form(way bill ) will be used for CST billing from Haryana

3 11784

Tell me the meaning of VAT (TDS) When it will be applicable? & rate of VAT TDS

Gherzi Eastern, HCL,

6 40619

can we do manual tds return file or r-tds is complusry? if we can do manual tds return file, where i have to go for return file. like we go to income tax department for Income tax return file in manula tds case.

2498

Dear All, My query is related to capital gain on house property. If a pair of husband and wife have four houses in joint name comprising three residential house and last one is commercial property. Now question is that if they sold all property for Rs. 1.00 Crore and took a new residential property for Rs. 1.25 Crore. So are they eligible to full tax exemption u/s 54 and 54 f and they had to not pay any amount of Income tax? And they have also taken a Rs. 25.00 Lacs housing loan to invest the last one. So are they can take deduction u/s 24B and 80C as well? Please note that they have all property in joint name and share is 50% of each. Please guide me for this.

1 3677

What is the different between Excise Invoice and Invoice

2036

serice tax can be exempted in calculation of tds on contract wages as exempted like rent on service tax

2 5509

Post New Taxation Questions

Un-Answered Questions { Taxation }

I have transfered the goods in F-Form (i.e. from one state to another) but now the problem is when I have sold the material in the Local market say for 100+tax=100tax, some of the material got defective say 50+tax=50tax. We will have to issue F-form of how much ??? 100 or 50. Kindly send me the same to my mail address - u15326@rediffmail.com

1883

If any body have knowledge for vacate position for the post of Accountant kindly mail me verma_moti@yahoo.co.in (handling Accounting upto finalisation,Sales tax/vat,TDS,Service Tax,Excise tax and MIS.

1841

wht do you mean by copmosition of tax

3823

What are Excise Duty rates for Fin.Year 2009-10 for Pesticides and Chemicals Industries.

2309

i am new to this tax system if you don't mine "please help me"

1900

Dear Experts, I need your help in deriving a formula for calculating three taxes with a combination of cumulative and inclusive tax. Here are the examples with expected result. Please let me know the formula on how to get the given result. Example1: Total Product Value (V) = 1000 (with inclusive of all 3 taxes and below mentioned cumulative combinations) Tax1 rate is 10% and Tax1 is inclusive. Tax2 rate is 10% with Tax2 is inclusive and cumulative of Tax1 Tax3 rate is 10% with Tax3 is inclusive and there is no cumulative of Tax1, Tax2 Expected Results are: Tax1=76.34 Tax2=83.97 Tax3=76.34 Let me know formula to derive above values? Example2: Total Product Value (V) = 1000 (with inclusive of all 3 taxes and below mentioned cumulative combinations) Tax1 rate is 10% and Tax1 is inclusive. Tax2 rate is 10% with Tax2 is inclusive and cumulative of Tax1 Tax3 rate is 10% with Tax3 is inclusive and cumulative of Tax2 Expected Results are: Tax1=75.70 Tax2=83.27 Tax3=84.03 Please let me know formula to derive above values? Thanks in advance.

1703

is it necessary to use form38 in UP for purchase of goods from outside UP @5%CST Tax

2142

is there easy guide for the latest India tax & accounting information for 2010?

1962

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.

2199

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?

2486

What is VAT TDS? when it is applied & at what rate?

1671

if company is registered in West Bangal and goods are purchased from Maharashtra for export, and export will be done from Maharastra, then who can issue the H form?

1867

Pl give the abstract details of Karnataka VAT Payment procedure, rebating, returns filing in connection of manufacture, distributer & retailer.

3355

I am working in footwear company at Himachal Pradesh. we want to send raw material - (leather) for Job work our other branch. now my question is that will have we any permission taken from excise & sale tax deppt.

4788

About vat, service tax, tds, cenvat

3174

For More Un-Answered { Taxation } Questions Click Here