What is the difference between Advance Tax and TDS?
Answer Posted / amol
1)Advance tax in tax liability of company, Advance tax pays
on companies profit. The company who laible to pay tax has
to pay this tax in advance in the beginning of the financial
year.
2) Every Companies paying Tds on behalf of other company,
after completion of financial year company issue form 16A to
parties.
| Is This Answer Correct ? | 23 Yes | 7 No |
Post New Answer View All Answers
Our company is engaged in a business of Real state developer in andhra pradesh. we want to purchase some material from other states. we have central sales tax registration. whether we are eligible for issuing a form 'c' to the supplier being a deeloper.
HOW MANY FORM IS USED VAT AND CST, GIVE THEIR DETAIL E.G WHICH FORM WHERE IS USED. THANKS IN ADVANCE
what is the actual use of pure agent in tally erp 9 and why we use in tally .and what is the role of pure agent
when wct@8.75% is charged from the vendor. How much TDS has to be deducted against it??
I had filed e-filling IT Return for A.Y.2011-12 before 1yr but yet I have not get Refund & not seen refund status at on income tax site now I filed e-return for A.Y. 2012-13 now what i do for refund A.Y. 2011-12?
What is difference between Contract and legel and legel and profession service???? I had face this question in interview
I plan to buy a new flat in Hyderabad which has never been registered before. Area of the flat is 1115 Sq. ft. I intend to know the following things.1.) what should be the amount of registration?.2.) Is there any VAT. If there is VAT what is the percentage?.3.) Is there any service tax. If so, what should be the percentage? as per F.Y 12-13 rule
if a item sale on cash bill which is under vat sechdule c local sale tax is 5% so what is the rate of CST without C Form
how we can access the Tax Deduction through PAN ?.
if a person is investing rs.100 per month for 11 months of a year,how much ammount of annuity he will be paid at the end of year?
what is CST % applicable on garments sales to other state?
what is the procedure for Delhi WCT payment , we have a registered office at mumbai and we have a branch at delhi for that renovation we have deducted WCT ,we have ur VAT and CST no for delhi branch do we need have additional registration for this payment
If a person got gold by wining a lottery and TDS on the gold value was not deducted by the deductor. After getting the gold, the person tranfer the gold to his daughter. After reading the provisions of the Income Tax Act, 1961, you are required to state that who is liable to pay the tax on the value of the gold? and is there any liability of the Deductor towards non-deduction of TDS?
Whether C Form can be issued for the transactions that made 5-6 years back? What are the procedures?
how to calculate vat, st, cst, excise duty, customs duty, tds.