While calculating TDS are we to take the value+Tax and then
arrive at or take only the value

Answers were Sorted based on User's Feedback



While calculating TDS are we to take the value+Tax and then arrive at or take only the value..

Answer / rudra kumar yadav

While calculating TDS we must take an amount inclusive of
tax(i.e.value+Tax).

Is This Answer Correct ?    5 Yes 0 No

While calculating TDS are we to take the value+Tax and then arrive at or take only the value..

Answer / ramachandiran

We calculating TDS for total Bill Amount (Value +Tax) Only

Is This Answer Correct ?    2 Yes 0 No

Post New Answer

More Accounting General Interview Questions

what are the adjustment entries?

2 Answers   emc2,


if we have provision for bad debts and RDD then on which amount we have to calculate RDD original or deducted?

0 Answers  


What is different between cash accounting & Mercantile Accounting ?

2 Answers   ITC Infotech, NIFA,


my interview is on tuesday so i just want to know everything about the interview like which type of question they will ask me as i completed m.com . please helm me plz plz

0 Answers   TCS,


A computer purchased for the use of Branch & payment would be made by company. What would be the entry in the books of Branch ?

1 Answers  






Tell us what is your proudest accomplishment?

0 Answers  


what is a journal entery of goodwill?

15 Answers   Capital IQ, Genpact, Sujana,


X, PURCHASE HOUSE PROPERTY IN 2005, RS 400000,AND SALE IT IN2010, RS 1800000,IF X HANDICAP, AND IN 2008 MADE SENIOR CITIZON, HOW CALCULATE IT?

0 Answers   HSBC,


what is equity share

3 Answers   Reliance,


who is the customer and vendor?

2 Answers  


Suppose we are getting a TDS Certificate from our vendor's how can enter the same in our books.

1 Answers  


What is purchase returns accounting

0 Answers  


Categories