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what is tds,pf and vat?
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Answer / dev
tds is indirect tax
pf providend fund
valu added tax
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / syed shakir ali
TDS - TAX DEDUCT SOURCE (Contractors,services,transportors
if there income exceeds per year 20,000 and above
applicable )
PF- PROVIDEND FUND (FOR EMPLOYEE SHARE 12% AND EMPLOYER
share 13.61%)
VAT- VALUE ADDED TAX(IN ANDHRAPRADESH @4% AND 14.5%
APPLICABLE)
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / arnab
TDS is Tax Deducted at Source.
PF is Provident Fund.
VAT is Value Added Tax.
All of the aboves are Indirect Tax.
| Is This Answer Correct ? | 3 Yes | 1 No |
one customer visit the showroom of phones and purchased the phone of Rs 750 and gave the 1000 rupees note the showroom executive didn't have the change so he take the change from next to his showroom's shop then he deliver the phone to customer with the change of rs 250.and customer went with both after sometime the shop owner of next to showroom who gave the change of Rs 1000 with angry and told the showroom executive that the note you give it to me is fake! so showroom executive gave him Rs1000 to him.so my(question) is how much the showroom executive faced the loss on this transaction.
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