How is calculated WCT interest amount of Tamil Nadu?
- 1 Answers
- 10016 Views
- I also Faced
- E-Mail Answers
Answer Posted / girish
WCT interest will be calculated as below :
WCT liability*(No. of days delay/2400) or WCT
liability*1.25%/30*no. of days delay in a month.
No. of days delay can be calculated from the due date which
is 20th day of succeeding month from the month of contract
payment.
| Is This Answer Correct ? | 10 Yes | 3 No |
Post New Answer View All Answers
We have paid service tax of March Bills on 30 March. we forgot to include some bills for service tax, now we can deposit the tax in april/may and how we enter the tax..in tally....
wct amount deducted by main company .that amount will be returned Subcontractor?If yes,how process is given me.
A individual advocate recievs legal fees. is he liable to pay service tax @ 12.36% on it?
what is fillup form when company issue c form
I have doubt on Input VAT & Output VAT (incoming vat / outgoing vat) I have a HMS software, where we have interface to tally erp. When we import the transactions to Tally from HMS (Hospital Management System) All the purchases what we do for a period, the tax paid on these purchase are showing as out going vat. Similarly when we do the sales of those purchased items through HMS, tax collected from customer is showing as incoming vat. Is these are correct terms what they had mentioned in HMS? Please help me out.
What do you understand by transfer income?
what is the difference between tds tax code and tds tax type in sap fi
I AM SAKTHIVEL,MY QUESTION IS 1.WHAT ARE THE LEDGER TO BE MAINTAINED FOR SERVICE TAX 2.KINDLY EXPLAIN WITH EXAMPLE FOR PURCHASE ALONG WITH SERVICE TAX 3.SALES ALONG WITH SERVICE TAX 4.IN TALLY E.R.P HOW I GROUP THE LEDGER 5.GIVE NECESSARY JOURNAL ENTRY FOR ALL SERVICE TAX RELATED TRANSACTION 6.ANY OTHER IMPORTANT NOTE U WISH TO INFORM ME 7.HOW I CROSS CHECK IT ### PLEASE HELP ME REGARDS SAKTHIVEL
WHAT IS TDS?SHOULD WE FILE TDS TO PURCHASE A THING .SHOULD WE PAY BOTH TDS &TCS FOR THE SAME THING
I have a plot at Visakhapatnam. I have entered into a contract with a builder which enables him to construct 10 flats on the plot and builder and myself will share 50:50 of the constructed area. i.e. builder will get 5 and i will get 5 flats. Builder is not paying me any other consideration apart from 5 flats. Kindly clarify as to whether any servive tax is applicable and payable by me ?- kgr varma
We made full payment to contractor and forget to deduct TDS on that.Now contractor ledger is fully settled and we have to pass the TDS entries on that. Kindly guide rectify the entries on tds
what is the entry tax explain briefly?
procedure to get Raw Material free of excise duty under Central Excise Act,
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
is there easy guide for the latest India tax & accounting information for 2010?
