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Taxation Interview Questions
Questions Answers Views Company eMail

a business man purchases goods at 12.5% vat... he wants to sel l the goods to other state then central sales tax will be applicable@2%.what he can do with the input tax avai lable?

1 3752

Can we take input tax credit on purchasing of table and trolley for business.....

ABC,

1 4351

PROFIT FOR THE YEAR 56000 DEPRECIATION AS PER ACCOUNT 9500 DEPRECIATION AS PER TAXATION 6350 TAX RATE 30% PASS ENTRY FOR CORPORATION TAX PROVISION.

ABC,

1 4141

COST OF ASSETS 250000 ACCUMULATED DEPRECIATION 115000 SELLING PRICE 137500 PASS ENTRY FOR THE SALE OF ASSET.

ABC,

2 5236

what is works contract tax? if a contractor made a bill as repairs to machinary 00000000/- service tax 12.36% on 40% on basic value Vat 5% on 60% of the basic value of the bill amount how can i deduct works contract tax? please suggest me?

2197

how to pass service tax reverse charge entry pass in books

3511

What is Form H .Why we required form H. How it can benefit us?

1 4554

Hello all , I have a doubt regarding TDS.My salary ranges between 22k to 26 k per month and i have a TDS component cut every month.My doubt is that what is the % of tax ? what are the ways i can get back my TDS and what are the methods that can help reducing tax .And my another doubt is that whether the tax is calculated only on the basic pay or on the whole salary I get ? because my salary has HRA in its component ,will that also be counted in tax calculation or excluded ?

Construction,

1 3631

what is the differnce between income tax and tax deducted at source?

2 4639

procedure to vat assessment?

1 4182

We have sold goods to customer against H-Form in each quarter of the year. But customer is issuing single H-Form for whole year purchase. Should we accept it or not?

3 4978

Ours is a SSI unit manufacturing Leather Footwear In himachal Pradesh . We send the Some Material for JOb Work in other state like pujnab, Haryana , and last finishing done at our end , are job worker required to pay service excise duty or service tax or other any taxes

Carlton,

2 5250

whether C form is required to be given when goods are given on sample basis for trial purpose or rejected goods

1 3790

if a person is investing rs.100 per month for 11 months of a year,how much ammount of annuity he will be paid at the end of year?

1966

WHEN FORM VAT R-2 USE?

2179


Post New Taxation Questions

Un-Answered Questions { Taxation }

Hello! My annual salary is @ Rs.6,00,000/-. What would be the TDS applicable for me per annum/per month. I am also contributing to EPF @ Rs.9360/-.

2215


how to calculate service tax on tds

2396


what data require for liability calculation under work contract tax composition scheme and regular method.

2144


The CST assessement for the FY 2006-07 is completed on 31-3- 2010 and the same is received by dealer on 22-4-10. The question is that the dealer colud not produced the original H Forms at the time time asst. except the photostat copies filed. But the CTO not allowed and calculate tax at net 4% on H Forms turnover. CTO is saying that it is time barred by 31-3-10. Therefore even after produced we can not revise. We filed with case laws that it can be revised But when it is time barred it canot be. Therefore I request You to help the dealer ANYCASE LAW is there in the above case Pl. guide us.

2244


ON WOODEN FURNITURE EXCISE IS APPLICABLE OR NOT ?

2271


What is export under ribet notification number

2289


Dear All, We are a trader and doing one E-1 sales. Supplier send the material by To-pay basis, we endorse the LR and sold to Customer. Customer has given the purchase order for Basic amount and freight amount also. That means we have to pay the freight and getting the reimbursement from customer. In E-1 sales Invoice can we show the freight amount separtely as freight ? Since the customer need the freight head should be shown separetly. Or can we raise the separate debit note for this. Is it create any tax implifications in E-1? Please claify the same at the earliest. regards Regards Thananjeyan.P

2676


I am working in footwear company at Himachal Pradesh. we want to send raw material - (leather) for Job work our other branch. now my question is that will have we any permission taken from excise & sale tax deppt.

4937


Whether C Form can be issued for the transactions that made 5-6 years back? What are the procedures?

2221


How can a taxpayer get a refund for an overpayment of taxes?

1203


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.

1610


we charge service tax in our Invoice.we pay it in time. At the end of the year other party gives his deduction as certificate. what to do with it ? how to submit again to tax authorities?

1959


We have got 5 firms. Same partner only running all the firms. Salary is going from one firm. But if we go for PT registration it is asking number of employees. I don't know how to fill the form in online. Any one can help me?

2016


WHAT IS THE LIMIT ABOVE WHICH WE CAN DEDUCT THE TDS ON VARIOUS CATEGORY LIKE PRIFESSION, CONTRACTOR, INTEREST, RENT, SALARY ETC.

2242


how to pass service tax reverse charge entry pass in books

3511