Interview Questions Answers in Taxation

atyendra pandey

{ City } delhi
< Country > india
* Profession * accounts officer
User No # 54350

Total Questions Posted # 0
Total Answers Posted # 4

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

Users Marked my Answers as Correct # 101
Users Marked my Answers as Wrong # 48

Questions / { atyendra pandey }

Questions Answers Category Views Company eMail

Answers / { atyendra pandey }

Question { 8105 }

Assume I paid an advance of Rs 50,000/- from contractor can
we deduct TDS on that amount

Answer

yes

Is This Answer Correct ?

2 Yes

1 No

Question { 33100 }

how to make entry vat computation/vat payable refundable in
tally 9?

Answer

Vat Payble A/C DR

TO INPUT VAT A/C CR

(Being input vat utilised)

Is This Answer Correct ?

20 Yes

11 No

Question { HCL, 64999 }

There is a Service Bill of Rs.50,000 & Service Tax added
10.30% & We have to deduct TDS @ 2%. Assume that Service
Tax Input Credit available to Ur Co. What is the Journal
Entry for this?

Answer

Expense A/C DR 50000
Service Tax Input dr 5150

TO Tds Payble cr 1103
To Party A/c cr 54047

(Being bill booked and tds deducte 2%

Is This Answer Correct ?

60 Yes

27 No

Question { HCL, 64999 }

There is a Service Bill of Rs.50,000 & Service Tax added
10.30% & We have to deduct TDS @ 2%. Assume that Service
Tax Input Credit available to Ur Co. What is the Journal
Entry for this?

Answer

Servic Tx Payble A/c Dr. 5150

To Service Tax Input Cr. 5150

(Being Service Tax Input Tax Utilised)

Is This Answer Correct ?

19 Yes

9 No