Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


what is income tax?

Answers were Sorted based on User's Feedback



what is income tax?..

Answer / sujay

Income tax is a tax on the income of a person assess of a
assessment year in related to previous year.

Ex previous year - 2007-08
Assessment year - 2008-09

Is This Answer Correct ?    9 Yes 0 No

what is income tax?..

Answer / prannay mehta

The tax whi is levied on our income is called income tax.

Is This Answer Correct ?    4 Yes 0 No

what is income tax?..

Answer / prasanna

annual tax levied by the federal government,most states and
some local govts on an individual or corporations net
profit

Is This Answer Correct ?    4 Yes 0 No

what is income tax?..

Answer / jagat babu sharma (9450123500)

A tax levied on money you earn, either in the form of wages
for individuals, the profits from your business if you're
self-employed or from government benefits such as a state
pension in the previous year, called Income Tax.

Is This Answer Correct ?    3 Yes 0 No

what is income tax?..

Answer / pooja

ncome tax is a tax on the income of a person assess of a
assessment year in related to previous year. Assessment year
- 2008-09

Is This Answer Correct ?    2 Yes 0 No

what is income tax?..

Answer / ayyappa nayar

Government impose slab rates for an assesse based on their
earning capacity.

Is This Answer Correct ?    2 Yes 0 No

what is income tax?..

Answer / arunkumar n

Incidence & Impact will be the sames person it is called as
income or direct tax

Is This Answer Correct ?    1 Yes 0 No

Post New Answer

More Taxation Interview Questions

Ir we have bill for CST 2% we made entry 12.5% by mistake then what is solutin for C-form

0 Answers  


CST RATE IS 2 % IF C FORM IS RECEIVABLE. IF C FORM IS NOT RECEIVED WHAT WILL BE THE RATE OF CST

6 Answers   Gupta,


What are allowable and dis-allowable expenditure?

0 Answers  


is vat applicable on services as well? please describe the services under vat?   

1 Answers  


can i issue tax invoice or retail invoice in case of form 38(road permit) available and tin no. applied for and tax rate CST 2% or full 12.50%(seller delhi buyer haryana)

4 Answers  


WHAT IS THE PROVISION OF TDS RECEIVABLE AT THE TIME OF YEAR ENDING GIVE THE EXAMPLE WITH ENTERY ON MY E.MAIL sonidilip87@yahoo.com

0 Answers  


verification of licence comes under professional or contract in TDS

1 Answers  


if we are purchase in 45 vat tax than we can deduct tds on contract

0 Answers  


(I paid TDS through the bank a/c. but i entered wrong TAN no. instead of HYDC04387F I ENTERED HYDCO4378F ,and pl. tell me what can i do and how can i change TAN no.)" in above situvation which i pay the amount credited to our company name then what will i do,file the return or anything to do

0 Answers  


WCT charged on firm or on proprietor?

0 Answers  


if am registered dealer & i am using road permit, i have to pay entry tax, which goods, I am receving in jammu

0 Answers  


TDS Reimbursment? Iam 2 tipper owned small transporter and TDS diduct in my transport bills. can any body tell me how can i reimburse my TDS and what are the procedure for reimbursment and what are forms, papers to be required, tell me please.

1 Answers  


Categories