Interview Questions Answers in Taxation

harendra kumar sinha

{ City } nagpur
< Country > india
* Profession * manager (accounts)
User No # 99919

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Total Answers Posted # 3

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Questions / { harendra kumar sinha }

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Answers / { harendra kumar sinha }

Question { 6163 }

Hi Every One..For Payment of TDS under any section, Challan
281 is used. In Challan 281 there is two boxes having name
Company & Non Company. What does it mean. I am working with
Ltd. Company so while paying TDS which box shall I mark.

Answer

You are working in Ltd Company. So you are definitely mark
in company box.

Is This Answer Correct ?

0 Yes

0 No

Question { EXL, 12307 }

how to calculate the TDS?

Answer

TDS is calculated on Gross Value as per given below rate

Contract Work:-
1) Company/Firm @2%
2) individual @1%

B) Technical Service
1) Company/Firm/individual @10%

Without Pan card applicable 20% on TDS deduction

Is This Answer Correct ?

13 Yes

3 No

Question { 5347 }

THE CUSTOMER IS FROM GOA STATE AND THEY PURCHASE GOODS FROM
MAHARASHTRA UNDER C FORM THAT TIME THE CUSTOMER ISSUED C
FORM ON WHICH AMOUNT TAXABLE OR INVOICE AMT(TAXABLE + 2%)?

Answer

C FORM SHOULD BE ISSUED ON INVOICE AMOUNT.

Is This Answer Correct ?

11 Yes

0 No