s kiran


{ City } mumbai
< Country > india
* Profession * accountant
User No # 46350
Total Questions Posted # 0
Total Answers Posted # 9

Total Answers Posted for My Questions # 0
Total Views for My Questions # 0

Users Marked my Answers as Correct # 29
Users Marked my Answers as Wrong # 22
Questions / { s kiran }
Questions Answers Category Views Company eMail




Answers / { s kiran }

Question { Tata Elxsi, 114096 }

how will i sell a refrigerator to an eskimo?


Answer

I think in Antarctika there is no Electricity, so we can
sell refrigerator as Copboard and it will in varies size
because there house iglus are small, Eskimo can use this
cupboard to keep their Cloths or Keep their Food or any
necessry item in systematic manner and alos helpful to
secured food and other item from any Antarctikan animal.

Is This Answer Correct ?    0 Yes 2 No

Question { 5298 }

Can anybody give the rates of TDS for daily purchased
things like food,metal,wine,electrical item,civil items etc.


Answer

Dear,

TDS is not applicable on Material Purchase, their should be
VAT applicable, and rate rates are differs as per items to
items. The shedule of Material Vat Rate will recived from
your State Sales Tax Web site.

Is This Answer Correct ?    4 Yes 1 No


Question { 3104 }

Which book is best for fringe benefit tax ( FBT )


Answer

No need to refer any book because Finance Dept. have scarp
this provision e.f. A.Y. 2010-11

Is This Answer Correct ?    0 Yes 2 No

Question { 5940 }

A Company income 150000, and an indivisoul which income
150000 who pay more tax ?


Answer

Company have to pay tax on whatever income earn by them,
there is no any exemption but individuals point of view
there is slab for tax deduction ie. below 150000 exemption.

It means company will pay more tax than individual.

Is This Answer Correct ?    2 Yes 0 No

Question { 13686 }

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.


Answer

Mobile Rs- 750
& Fake Note Rs-1000
Total Loss= 1750

Is This Answer Correct ?    0 Yes 2 No

Question { 22299 }

Re: 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.


(the answer is neither 750,1000,1250,1500,1750 nor 2000)
please reply the answer because its urgent with the
explanation of u'r answer thankyou.


Answer

Ans:-

1) Mobile Cost of Rs- 750
2) Return of Fake 1000 Rs. Note
to other show room owner.

Total Loss- 750+1000 = 1750

Is This Answer Correct ?    0 Yes 1 No

Question { 7022 }

A charted accountant has submitted a bill towards his
professinal fees of Rs.330900.00 which includes service tax
of Rs.30000, Edu cess Rs.600.00 and shec of Rs.300.00.
Please suggest me how much TDS we will deduct from this
bill.


Answer

TDS will be deduct on Total Bill Amount which is 330900 @
rate of 10%

Is This Answer Correct ?    7 Yes 3 No

Question { Reliance, 9350 }

i m agent of reliance life insurance i have sold one
traditional product of premium size 10,000/- rs and
comission rate is 18% what will be net comission will be
recd by me after deducting service tax and tds ?


Answer

If Premium Rs-10000

Commission @18% = 1800

TDS on Insurance Commission U/s 194 D is 10%

So, TDS amount will 180.

Net Commission in Hand = 1800 - 180 = 1620

Is This Answer Correct ?    13 Yes 8 No

Question { Reliance, 9350 }

i m agent of reliance life insurance i have sold one
traditional product of premium size 10,000/- rs and
comission rate is 18% what will be net comission will be
recd by me after deducting service tax and tds ?


Answer

I am agree for 2nd answer for Service Tax deduction.

Is This Answer Correct ?    3 Yes 3 No