Interested to Buy Any Domain ? << Click Here >> for more details...
1> how can calculate tax for provide service?
2> how can calculate vat for selling product?
- 2 Answers
- 5310 Views
- I also Faced
- E-Mail Answers
Answer Posted / anuj
VAT can be computed by following three methods
1) Addition Method- Aggregating all the elements of the value added into the product like wages, profits and interest.
2) Subtraction Method- In this method value addition is calculated by the means of difference between total output and total input.
3) Tax Credit Method- In this method tax paid on purchases is calculated and after seeking credit of such input tax with the amount of tax on sales, the net tax liability is calculated
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
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.?
My client has not filled income tax return for ay-2013-14
How calculate Rent income exemptions from taxable income under income tax act.isnn't 30% of total income???? plz explain with example?
what is a rule for issue form 38 and tham form c any purchaser can issue form 38 or there is certain rule and regulation.
What are the basic and additional conditions for resident and ordinarily resident (ror)?
Dearlers Margin Received for Direct sale from our Creditor, that TDS deducted for us. How to accounting in my records in Tally ERP 9
Rules for filling Income Tax return for a MNC?
While I prepare Form JJ for goods transfer I made a mistake that the value of goods is morethan the actual value(i.e. instead of Rs.92100/- I filed Rs.1354000/-)and the copy of JJ sheet is sealed in the checkpost one copy is taken in the checkpost. please anybody give me the exact solution. thanks
What is calculate of tds
My client is a Partnership Firm and was converted in to the Pvt. Company. Now, the Question is that the both the entity i.e. Partnership Firm and Company entitled to get the Depreciation of Proportionarate basis, they used the Assets? I reffered to the Income TAx Act, there is no any specification regarding the convertion only the amalagamation and merger.
What is process CST & Custom Duty Handle in tally Erp 9, with example.
Who is an assessee?
what is the journal entry for sales on discont. what is the journal entry for purchase on diicount.
Dear sir, mu question is that can one lunch (Tiffin) provider person mention both vat or service tax on his bill. pls. give me answer. EXPLAIN BRIEFLY.
What are the deductions under salary head? Name the items.
