what do you mean by self-assesment tax &advance tax . hoe
it can differentiate?

Answer Posted / harshad

Self Assesment Tax Means S.A.Tax. that tax directely paying
by bank i.e. Cash Paid or Chq Paid. at the time of return
filling.

Advance Tax Means Payable Tax in Advance.

Is This Answer Correct ?    4 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what are the slab rate for F Y 2010-11

1618


Can I know the full description about capital and revenue in nature? and also the expenses that allowed for tax and not allowed for tax?

1464


Provision entry for current Year Income Tax A/c ----Dr To Income Tax Payable A/c Adjustment entry in next Year Income tax payable---Dr To bank A/c kindly tell me which head of income tax a/c and income tax payble a/c

1333


If we issue a new sale invoice after issuing a Credit Note to the coustomer, for the previously issued sale invoice on which Central Sales Tax @2% was Paid previously,whether we will be liable to pay for charging the sales tax on new invoice and pay to the sales tax department.

1772


over all details about tax what is mean by headge fund and detail explanation?

1758






WHAT IS COMPOSITION RATE IN Andhara pradesh SALES TAX?

1433


if i have a comany take contract from gvt. & i take contract from that company, & in his bill he show about all tax deduction ike IT, WCT etc, but material is purchase by that company not by us so here i want to know how WCT applicable? on total amount of contract or according to rule like material service & after adding all things??

1125


While depositing cash at any bank above then Rs 50K, we need to provide PAN Card or we have to fill form 60, but tell me why a person needs to sign FORM 60 if he is paying installments of >50K of Loan availed by him/her earlier? As if he is repaying Loan, not depositing in his A/c?

3086


What is the date of depositing entry tax and submission of return?

1889


What are the deductions under salary head?

553


Is Service Tax chargable by Real Estate devlopers to be charged on the entire cost of the property or only on the service conent of the cost and not on the cost of land and cost of construction material? Can the developers demand Service Tax on installments paid by the buyers before the real sale takes place?

2629


I wanted to know about the taxes in haryana on Software Licenses ( Paper licenses). what is the % of service tax and VAT. and the both the taxes is charged on Base Amount or service tax is charged first and then VAT is calulated on the amount with Service TAX?

1719


What is US Tax Accounts? Can I get any information where from I take full knowledge about US Taxation?

1733


Who is an assessee?

719


when form h, form d, form 38, form h issu , what is the process of get it , who is the liable to get it , any % tax apply against issu this form, please give me answer on my e.mail sonidilip87@yahoo.com

2244