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Taxation Interview Questions
Questions Answers Views Company eMail

waht is Entry Tax ? how to sett of vat?

1 5826

Please tell about Work Contract Tax and How much % to be deducted, Which type of contractors come under this WCT and what is the procedure after deducting the Tax.

2 6584

How treat TDS & TCS in manual or Tally 9 softwere ?

TCS,

4019

I have a plot at Visakhapatnam. I have entered into a contract with a builder which enables him to construct 10 flats on the plot and builder and myself will share 50:50 of the constructed area. i.e. builder will get 5 and i will get 5 flats. Builder is not paying me any other consideration apart from 5 flats. Kindly clarify as to whether any servive tax is applicable and payable by me ?- kgr varma

1998

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 ?

2005

I want to know that can we get input vat credit against tax invoice/retail invoice/& commercial invoices. Our auditor is saying that only tax invoice is libel for vat input credit. But many parties issue us retail invoice & commercial invoice.

2 11195

how to calculate tds on professional fees, salary and services

4 22437

sir, can you give me clarification briefly how to capitalized and which one capitalized

2137

sir we did not pay tds in due date what is the rate of interest after due date how much percentage we have to pay interest

2 4507

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?

1879

what about present pf rate can anybody defined clearly

2 4318

What is the posting of TDS Receivable in balance sheet

7 32308

if i am a normal salaried employee and will not come under IT payer slab, if i have received a monitory help of Rs.15lacs from my friend who is staying abroad and it is on returnable basis, how i can show this in my IT remittacnce? is there any taxes i have to pay?. if i am going to payback him every year 1lacs how i have to show this? please suggest me Reg RK

1 4118

80DD Dediction

1909

Rs.100000/- include service tax 10.30% How will be calculate. What is Basic, 10%, 2%, 1%.

2 8367


Post New Taxation Questions

Un-Answered Questions { Taxation }

what about WCT (Work Contract Tax)

2058


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


How do you plan to achieve these goals?

2462


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.

1919


Hello Sir, Please send the knowing calculation of attrition rate?

2294


We are Interior Decorators in Chennai,Tamilnadu. I would like to know the vat applicable for us 14.5% or 5%. We supply the material and do the works at the sites itself.

2612


assessee is a developer. menthod of accounting- mercantile. he sold a flat to party , registration has been done in financial year 2012-13. but he has taken the sale next financial year on the ground that one cheque has been credited in the next financial year. can the assessee's claim can be considered for taxation purpose

1617


How many heads are there under total income? Name them.

1221


Please explain how to pass entry for VAT setoff and Service Tax Credit?

3213


What is the rate of Excise duty for all goods Is der any Difference in rate of exice duty for Chemicals And Fabric

2239


what is tax avoiding?

2039


How calculate Rent income exemptions from taxable income under income tax act.isnn't 30% of total income???? plz explain with example?

2029


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


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

1929


Whether We can Get the Refund of Service Tax Paid Wrongly to the department.We are not suppose to pay the tax and we knew after that we can adjust that servies tax what we have collected from our client aganst services received from our suppliers.

5408