what is the difference between sales tax and tax deducted
at source in karnataka
Answer Posted / shivaca
Hi friend,
First you should know no difference in Karnataka and other states in TDS and Sales Tax.
Sales Tax is a Indirect tax its levied on sales of the Goods value. Now sales tax called Value Added Tax (VAT) . The rate of tax are different in every states.
TDS:
Tds is collected for Income tax. It deduct by employer and TAN number holder when payment made.
| Is This Answer Correct ? | 6 Yes | 0 No |
Post New Answer View All Answers
What is turnover limit for Auditing of Service Tax, VAT, Income Tax, Provident Fund, P. Tax and WCT? Please mail me at gautam_ch2 @ rediffmail.com or call me at 09831707812.
professional tax rate
what is the percentage of vat like 4 % , 12.5 % etc ? how can do closing stock valuation ?
What are the Treatment & Implications in interstate sales transactions if party is unregistered dealer & having Exemption Certificate or exempted.
My Total CTC is 12500(not gross salary), i am living in Mysore(non-metropoliton city) what will be the take home salary after deduction? thanks in advance.
we have received TDS Certificate (Form No 16A) from one company, we have checked online credited but they not credited to us (online credit)..how can i refund that amount. pls send us letter format
please provide to us the rules of wct in andhra pradesh (Hyderabad)
How Many Category of VAT in West Bengal
In one year how many times tds, service tax, and Mvat is paid?
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?
How to Prepare Balance Sheet for Annual Tax Assessment. Do You Have any Format, Please send on (Pankajica15@gmail.com)
HOW MUCH PENALY IF SALES TAX IS NOT PAID ON DUE DATE IN HARYANA SALES TAX
Who is to paid income tax and what is the procedure of filling income tax return?
What is VAT TDS? when it is applied & at what rate?
we are a manufacturer unit can we purchases of building material agst form "C" or vat C4?