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Taxation Interview Questions
Questions Answers Views Company eMail

What is the difference between excise & service tax?

1153

What do you understand by dissolution of firm?

1131

If a nri buys property in india, does he has to pay property tax?

1121

Can a person fill a nri in an income tax form if he has been out of india for six months though he is indian citizen?

1093

Define the term person?

1110

What do you mean by fair rent?

1198

Define deferred tax liability?

1187

What is permanent account number (pan)?

1155

How will you calculate house rent allowance (hra)?

1088

Who is an assessee?

1207

What are the deductions under salary head? Name the items.

1107

Explain the procedure to calculate provident fund, esi, vat and sales tax.

1174

Define assessment year.

1191

Define previous year.

1065

How is income tax calculated?

1100


Post New Taxation Questions

Un-Answered Questions { Taxation }

Dear Friends, Hai, i want to Know that How To Fill ETDS Return. Kindly Tell I'wll we very thankful to you. Deepak Gupa

1917


What is the procedures for withdrawing of form C?

2263


In wct limit is Rs.5lac if vendor provide bill below 5lac wct will applicable or it aggregate I need deduction of wct 5lac slap

1773


how to creat e-vat return in tally

2072


certificate of export is for which items?

1908


SELLER A : has a w/house in chennai and bangalore both and the BUYER B is based in chennai. SELLER A carries stock in both the locations. Can BUYER B buy who is based in Chennai request purchase from Bangalore through C-form .. and if so will there be any obligation on the Seller A

1610


i had received an arrear 0f Rs.700000/- lacs for the period 1.1.2007 to 31.3.2010 and Rs.78000 for the period 1.4.2010 to 31.7.10 during aug'2010. my normal salary for 2010-11 is 400000/-. on what amount will my rent free house perquisite be calculated? i have also claimed rebate u/s 89 by distributing my arrear salary in previous years.

2165


please explain what is actually E-15 what is its process and also what its importance.

2422


cgl2012 tier1 mein 62.50 marks they or mera naam TA wali list mein tha but mainey Auditor ko 1st prefernce choose kia tha tier2 mein maths mein 142 or english mein 104.50 marks aaye but fir bhi mera naam only list4 TA main tha or mujhey DEST typing test dena parha i want to know that agar main TA k liye typing test pass ahi kar pata to kya mujhey koi bhi post milegi. pls anybody knows tell me.

2089


what is the significance of business taxation in private company?

2188


my manufacture company established in Excise exempted Area. and we pay freight to transpoter.& also deduct service tax.what will be the entry of this transaction. can i adjust this service tax payable from input service tax of telephone bill.

1943


on earth moving road work which type of tax is applicable?

1874


Any one can mail soft copy of Balance sheet,Trading and profit and loss alc.of a small firm or small co for study

2326


WHAT IS THE PROVISION OF INCOME TAX, SELF ASSESSMENT TAX AFTER AUDITING GIVE THE EXAMPLE WITH ENTERY

2238


Beginning Balance, Dec. 31, 20xx Creditable Income Tax 211,829.00 Income Tax Payable (132,808.00) > Balance 79,021.00 ITR (1st Quarter) - Jan. 31, 2016 - Mar. 31, 20xx Normal Tax (30% of Taxable Income) 2,205.02 MCIT (2% of Gross Income) 7,865.71 Aggregate Income Tax Due (Normal Tax vs. MCIT whichever is hihger) 7,865.71 Less: Tax Credits/Payments Prior Years Excess Credits 79,021.00 Creditable Tax Withheld - 79,021.00 Tax Payable, per return (71,155.29) What should be the entry in my book to record the above transactions? Thank you!

1599