Taxation Interview Questions
Questions Answers Views Company eMail

What is WHT (With Holding Tax)and how can i calculate? please give the example for understanding?

1 2239

If a supplier of goods is also a Contractor doing labour work, then is it necessary to collect separate bills one for material & the other for labour? or else tell me what is to be doen?

Om Buildcon,

2 2913

How do you determine as to what TDS has to be deducted from each vendor supplying us the goods and doing labour work?

1634

In Excise please mention Mandatory file which is to maintained(e.g PLA ;RG1;Rg23)

ABC, Reckers,

2 2705

if company is registered in West Bangal and goods are purchased from Maharashtra for export, and export will be done from Maharastra, then who can issue the H form?

1434

on which amount have to issued form C ?, when cash discount is also given in the bill after CST amount as, Sales valve+CST - cash discount.

ABC Bearings,

2 3412

Can u provided all the dues date and depositing date which are used in general manner or Income tax..

1281

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

Afcons,

1448

is WCT applicable one time? and what will be rate of WCT in UP State?

Afcons, Vikas,

1479

What is Labour Cess? Pl. define. & what is rate of Labour cess.

Afcons, PWC,

4148

If foreign remittance revived from abroad from company to an individual saving account ,who has a tax payer,through designated agent/diplomat of rbi,( e.G. In case winning of prizes or lottery ) What is c.O.T. Code charges ? How can we treated in accounts ?

1 1998

How Much Total Amt of salary is for deduction under section 94J for full year

Maples,

2 2700

what is the difference between tds tax code and tds tax type in sap fi

Unisoft Infotech,

1333

I forgot to deduct TDS on individual contractor and Exceed amount 70000 so what should to do?

2 2730

i forgot to deduct tds in Contractor non corporate in july 15 so what should i do now? Please Suggest.

Mahindra Holidays and Resorts India MHRIL,

3 2819


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Un-Answered Questions { Taxation }

What is the due date of P.Tax return filing for Staff? Yearly Tax amount with Rs. 30,000/-

1891


i want to learn income tax work please tell me about all dedutions exempations and income detail...how to calculate tax on net income

1466


Hi, I am a VAT/CST dealer in Pune. I had got a work contract with other AP state government. can i purchase material in AP state on 2% CST on issuing 'C' form and supply the same material to the AP state government on VAT /CST 5%. As the government departments are not issuing 'D' forms. please guide.

1792


What are the streamlined sales and use tax agreement?

647


Ganesh & Gopal joined a firm drawing salary of Rs 25000 per month.After serving 3 yrs ,they started business of their own in partnership,contributing Rs200000(expected life 10 yrs,bought spare parts worth Rs 33000 from Kundu on credit.Office supplies were purchased for cash.Initially they were very busy in conducting their business operations but by the end of the 1st year,31/12/2005 they were disappointed when they found their bank balances.Following is the summary of their bank statement. Receipts: Share Capital Rs 250000 Collections from Customers 412000 Payments: Equipment 200000 Salaries of Assistants 88000 Rent advance for 2 yrs 96000 On-year ins. Policy on equipment 12000 Office stationery 27000 Payment to Kundu 29000 Withdrawals of Ganesh 90000 Withdrawals of Gopal 90000 Closing balance c/d 30000 ----------- Total : 6,62,000 Still amount receivable from customers for services to them amounted to Rs 30,000 & closing balance of office stationery is Rs2000,spare parts Rs2600 were utilised by the end of the year .Prepare trial balance with the available information and show total. Also what is the net profit.

1484






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.

2831


how to calculate entry tax interest rate 2011-2012 assessment pending amt. is Rs.32000

1681


What will be the planned expenditure in the budget 2009-10

1911


WHAT IS THE DIFFERED ASSET , WHAT IS THE PROVISION OF IT GIVT ME THE EXAMPLE WITH ENTERY ON MY E.MAIL sonidilip87@yahoo.com

1507


The value of the tax invoice is lesser than the value on the state permit. Is this acceptable.

2920


what is the difference between vat return and return for remittance on value added tax.

2165


IF MATERIAL TRFD. TO OTHER STATE BRANCH AS STOCK TRFD. IN FEBRUARY AND MATERIAL IS RECEIVED BY BRANCH IN THE M/O MARCH. THAN SHOULD WE ISUE A SEPARATE F FORM FOR THE M/O FEBRUARY AND MARCH

3652


The company i approached asked me that they are registered Manufacturer to market fire extinguishers. They have both VAT & CST registration. When they supply material out of state i.e. under "C" form, to a Dealer who is also registered with CST and who can issue "C" form but for product paint. Will the "C" form issued by the Dealer be acceptable to us. What law governs, since the dealer is not registered to trade in Fire Extinguishers? In the first instance will he be able to issue "C" form at all i.e. Will the government allow him to issue "C" Form, if so under what norms? In the case that my company is the Dealer and registered for trading in Paint and we are taking Fire Extinguisher Dealership will I get set-off in "C" form for purchase and Sale. Kindly let me know on russel.raphael@gmail.com

1610


taxes leivied on carpentar & plumbing services

1285


CAN TWO VECHILE PASS TO RAJASTAN FROM NASIK ON ON ROAD PERMIT

1632