Answer Posted / abhishek kumar

STT is a tax levied when any body do transaction
in stock exchange.It is levied both on sale and purchase.
The tax rate is differednt for different type of
transaction and the profit earned on securities are
absouletely tax free when STT has been paid.
Tax rate also various on type of transaction that is
delivery bassed or non deliver base.

can i adusted our vat credit in W.C.T. payable?

3526

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Please explain how to pass entry for VAT setoff and Service Tax Credit?

3145

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which form no's wiil be used for filing IT,ADVANCE TAX, TDS,VAT,CST,ST,PT,EXICE DUTY,ESI,PF?What is the Due Dates? very urgent

2404

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WHAT IS TDS?SHOULD WE FILE TDS TO PURCHASE A THING .SHOULD WE PAY BOTH TDS &TCS FOR THE SAME THING

1963

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how to calculate tax for the income earners

2125

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what is sales tax assesment or annuel return company and how to do end of the finiancial year and what is form no 240.

1983

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The Depreciation Rate for Heavy Equipments like cranes (used in the construction of bridges, flyovers etc ... ) is 30% as per the companies act. If i buy a crane for Rs. 10 Lakh and claim depreciation the cost of the crane in the 2nd year is 7 Lakh and in the 3rd year it is 4.9 Lakh and in the 4th year it is 3.4 Lakh ...... Can i re-value the crane in the 5th year to the 2nd hand market price of Rs. 20 Lakh and claim depreciation on it @ 30% ? (Cost of crane in 6th Year now is 20 Lakh - 6 Lakh = 14 Lakh )

20518

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DEFINATION OF INCOME TAX , WEALTH TAX , INDIRECT TAX ,DITECT TAX , AND CORPORATE TAX ?

3286

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What's format of CMO & CMA Data?

2631

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What is the Rate of Service tax for Short term accommodation services & Restaurant Services ?

2578

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vat return dates for uttrakhand

2567

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How tax deduction at source is deducted

1968

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why use diff vat forms like vat51 vat3 why

1852

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what is procedure of calculation of TDS by bank?

2044

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What is meant by asset clearance . how should i make my entries in tally

1621

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