What is the difference between Direct &indirect tax?
Answer Posted / jagat babu sharma (9450123500)
Direct Tax has been calculated and payment made through
assessee i.e. self assessed by assessee e.g. Income Tax,
Wealth Tax etc. and that tax charged by any other liable
person whom to be collect such tax amount through assessee
and have to deposited the same in account of Tax Department
e. g. Sales Tax.
| Is This Answer Correct ? | 3 Yes | 0 No |
Post New Answer View All Answers
type of sale and purchase tax?
how to calculate vat, st, cst, excise duty, customs duty, tds.
Hi, Please guide me in the TDS calculation. I know the slabs.But I dont have much idea about the deduction part.What is the need of Bsic and HRA while calculating TDS.Also I heard that LIC, Rent etc is excempted from TDS.Please guide me...my email id is tinjusyriac@gmail.com Thanks in advance..
which items should be covered the Entry Tax by HP Govt instead of Purchased
Can Guradians (other than parents) be dependents and can we get exemption on them at Taxation part like Medical, LTA and Sec 80DD? Pls Comment.?
How much is the VAT in UAE
we have some central purchase bill against c form i want c form against this bill what requirment for form because we have not recived any c form from the cst office please advice me what i do . thanks
what is vat adjustmant?
How do you determine as to what TDS has to be deducted from each vendor supplying us the goods and doing labour work?
cst rates
what is CST % applicable on garments sales to other state?
Our Company dedduct TDS on the collection charge and claim (rate diff claim, scheme claim, collection charge means , if any party take material directly form our store our company give them frieght charge and deduct tds@10.30%). my question in what category of this type of TDS decution ? is it payment to contractor or what ?
what was the VAT rate on inverters(home ups) in karnataka on 2016??
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?
A Old Government Job retired Personnel who is getting his Pension amount@Rs.11000/- per month. He has put his retirement Fund in Bank Deposit for 1 year. No Bank is deducted TDS on that amount. Do we have any way by which his TDS can be refunded or saved