Taxation Interview Questions, Answers for Freshers and Experienced asked in various Company Job Interviews

Taxation Interview Questions

Questions Answers Views Company eMail

what is the circle of tds and its rate chart

Construction,

1 5641

till the discounted bill is paid by acceptor it, remans 1)a contigent liabilities for the acceptor 2)a contigent liabilities fot the drawer 3)a contigent liabilities for the bank 4)a liabilities for the drawer chose correct answer with detils.

1 3808

I renders interior Services, consider one project cost Rs.500000/- Scenario 1 - Material purchased on my Firm Name Material - 300000 - 0 On party behalf Labour - 200000 -150000 My expenses for Labour Contracts Profit - 50000 My Profit Scenario 2 - Material purchased by client Labour - 200000 -150000 My expenses for Labour Contracts Profit - 50000 My Profit In both Profit is same Rs. 50000/-. which is beneficial for me in terms of turnover or tax matters. and if I have to raise a bill to party as per both scenario, how it will affect bill and tax, where will I suffer loss?

1 3714

x invesment in mutual fund 45000, and recd dividend of mutual fund 5000 with in year, also investment only for one year. i f final the balance sheet then how closed it?

1 3922

UNDER CST IF WE PURCHASE GOODS ON 26 JULY 2010 AND GOT THE DELIVERY ON 4 AUG 2010,ON WHAT DATE SHOULD I ENTER THE BILL IN TALLY.

4 7093

Can we issue "Form E1" to party for same state? If yes please give procedure for invoiceing

BOC,

2 8293

i paid tds through my bank account but i entered the assessment year as 2010-11(the current year) instead of 2011-12(actual assessment year). what is the remedy for this. how do i get refund for the wrongly paid sum. or is there any way to currect the assessment year?

2174

NOW I WANT TO FILE THE INCOME TAX RETURNS. I AM A SALARIED PERSON WITH NO OTHER INCOME. SHOULD I USE SARAL 2( ITR-1) FORM ASSESSMENT YEAR 2010-11

4 7626

In the Balance sheet of a company you see the following details, Liabilities: Provision for tax - AY 2008-09 RS 200000 AY 2009-10 RS 300000 AY 2010-11 RS 200000 Assets: Advance Tax- AY 2008-09 RS 150000 AY 2009-10 RS 300000 AY 2010-11 RS 200000 On 15-03-2011, the assessment order for AY2008-09 was received and the final tax liability was stated to be RS 250000. Pass the journal entry for the closing of the relevant accounts in the books for the AY 2008-09.

1819

Making delivery challan is possiable between two branch of difference code

2242

What is the procedure to intimate Change Name of Business in maharashtra Vat Act, which form to be fill.

2938

what is the detail procedure to filling ITR-I,ITR-II AND ITR- 1V V1 IE e-filling procedure

2122

if the goods are purchased against H Form, is there any specified time limit winthin which they should be exported?; if yes then wat is that limit?

2 5476

We are purchasing machinery from Mumbai supplier. Deliverable in Jamnagar & invoice is on our name (Maharashtra). Can we issue 'C' form?

4 7175

WHAT IS PENALITY FOR LATE SALE TAX RETURN

3 6169

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Un-Answered Questions { Taxation }

Need of Bank Reconciliation to a company

2216

Apply for TDS certificate in bank for rent purpose is wrongly entry as 94C instead of 94I. Is any problem?

1827

i am new to this tax system if you don't mine "please help me"

1941

Can you please provide me the present VAT precentages in Andhra pradesh and other states CST persentages with good's wise.

2027

what is the procedure for Excisable goods transfer from Head office to branch and vice versa (the branch is located in the same state) also if the branch is located in other states. How will it affect the VAT returns

3441

Hi Kindly provide the current slab for profession tax in karnataka and due date for remittance the profession tax

2393

what is procedure to get c form? what is procees to get vat /tin no

2500

what are the benifits available to become and EOU in all taxes, such as Income Tax, Sales Tax, Excise, Custom

2218

Please tell me the rate of service tax of Transportation and the who is liable to deposit the Service Tax, the receiver of service or provider the service

2226

how to calculate tax for the income earners

2232

HOW THE INTEREST WILL BE CALCULATED IF WE MAKE INCOME TAX RETURNS LATE AND WHAT IS MEANT BY YEAR END?

2515

How can I Proceed to my client regarding Advertisement Bill as we are dealing in advertising agency and also clear us can we deduct TDS on their bill? For Example we receive a bill from The Sandesh Ltd. of Rs. 50000/- and they do not mention service tax in the bill. So, Kindly provide the Guidelines regarding This Problem.

2064

What is calculate of tds

1991

What is Form-I, FORM-F, FORM-H, FORM-E and FORM-C?

9056

What is the SEZ formalties in cement Industry?

2575

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