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Taxation Interview Questions
Questions Answers Views Company eMail

What is the journal entry for tds certificate received by the company debtor

Enrich,

6 16420

I am a newly appointed consulting engineer to a coirporate infrastructure company.I am offered a consultation fee of Rs.!500000(fifteen lakhs) per annum. My question is for the purpose of working out the income tax what is the gross income.Is it the balance of the fee received less the service tax paid ?

1 3716

Dear Sir please give the answar for the following question. What is the CST rate, if C form is fail to file after issued final Assessment Order. Because our commidity is @ 4%. But in the assessment order they are demanding @12.5% tax to which c forms are not submitted. for this issue what is the rate applicable.

1 4028

what is the tax that is levied if company crosses 1.5 crores turnover

1 5163

One of my party i.e. ABC (prop. firm) is providing repairing/alteration service relating to Comm. Construction.. (not new construction), they have provided a repairing/alteration service to one co-op. bank...i.e. XYZ………. At the time of audit by central excise dept., officers has asked/directed to bank to pay the service tax by the ABC (for year 07-08 & 08-09)..... Now, my question is …..:Is my Party ABC liable to pay the service tax ?

ABC,

2 4349

What is the commitment to the bankers against L/C ? They need any colletral Security or any deposit ? What is terms & conditions of L/c?

2467

what is the prime cost? and factory cost how to calculate it?

2148

There is a sales return in the month of April'09, we didnot take input credit for such return. shall it possible to take now? what the time limit to take such sales return input credit in VAT?

Genpact,

2 5602

Form No.27A, I think it is a TDS oriented Form. But for what purpose and why this Form is use?

3 15408

What is the difference between a TDS and an income tax?

TATA,

7 11545

we charge service tax in our Invoice.we pay it in time. At the end of the year other party gives his deduction as certificate. what to do with it ? how to submit again to tax authorities?

1915

what are CST,VAT ,TDS, Service tax .how they are applicable?

3 19916

what is waybill ? when we supplied a machine to Gujarat from Hyderabad they asked waybill. How it is different from consignment note?

2 9326

what is PBT? FBT? how they are calculated?

1 7909

is the company liable to deduct and pay professional tax for directors?

5 30627


Post New Taxation Questions

Un-Answered Questions { Taxation }

What is means by Central Excise ? How to calculate Central Excise ? Central Excise form No. is ?

2240


WHAT IS THE DIFFERED ASSET , WHAT IS THE PROVISION OF IT GIVT ME THE EXAMPLE WITH ENTERY ON MY E.MAIL sonidilip87@yahoo.com

2024


the TDS rates and Income rates are equal in calculation of the salary and please send the IT slab rates for the employees and comapnies.

2144


WHAT IS THE PROVISION FOR NET PROFIT & LOSS IN PVT LTD CO & LTD CO GIVE ME THE EXAMPLE WITH ENTERY ON MY EMAIL sonidilip87@yahoo.com

1951


A Old Government Job retired Personnel who is getting his Pension amount@Rs.11000/- per month. He has put his retirement Fund in Bank Deposit for 1 year. No Bank is deducted TDS on that amount. Do we have any way by which his TDS can be refunded or saved

2386


Hi, Please guide me in the TDS calculation. I know the slabs.But I dont have much idea about the deduction part.What is the need of Bsic and HRA while calculating TDS.Also I heard that LIC, Rent etc is excempted from TDS.Please guide me...my email id is tinjusyriac@gmail.com Thanks in advance..

2105


WHAT IS THE LIMIT ABOVE WHICH WE CAN DEDUCT THE TDS ON VARIOUS CATEGORY LIKE PRIFESSION, CONTRACTOR, INTEREST, RENT, SALARY ETC.

2194


what is the percentage of vat like 4 % , 12.5 % etc ? how can do closing stock valuation ?

2163


hi which form issue again ogs purches & sales ? which is the tax rat we issue c form?it's cst3% is avelabe to issue the c-form?

6214


What is DSCR and how to calculate the same.

4234


define double entry bookkeeping

2289


WHAT IS THE DEPREATION RATE FOR COMPANY, EXPLAIN DETAILD WITH EXAMPLE & ENTERY , PLEASE GIVE ME THE DETAIL OF IT ON MY E.MAIL sonidilip87@yahoo.com

2121


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

2099


What is permanent account number (pan)?

1153


what should be the research and methodology of business taxation?

2073