Taxation Interview Questions
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If We received Purchase bill for Rs. 67320 2% CST ( Ta Rs. 1320 on Assessable value of Rs. 66000/- ) against Form C but while making payment we had paid as per 12.50 % Tax amount i.e. 8250 . Total paid Rs. 74250/- then is it necessary to give Form C to the party?

SK Enterprises,

2 2322

If we taken TIN No.for sale in intra & interstate , CST No.also required to take? ?

1308

reverse charge applicable here and sr is liable to pay service tax 100% and service provider gives service rs 114 (inclusive tax).then tell me amount payable to service provider?

NA,

1 2226

what is full rate fo tax for non submission of C forms

App Ltd,

1 1742

Cst 1% is applicable for which state in india/

Fresho,

1 3248

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!

1345

please let me know how to show the sales to unregisterd dealers in tn ctd new portal and in which annexure to select for filing sales to unregisterd dealers, cash / consumer sales

1499

if a item sale on cash bill which is under vat sechdule c local sale tax is 5% so what is the rate of CST without C Form

1452

if threshhold limit is crossed then tds is deducted on which amount ? Aggregate or exceeding threshold limit?

Sapcon Instruments,

1421

How to calculate sales tax ?

HiTeam,

1338

Sir, I attended infrastructure company but my question is For example: Basic value- 100000 sevice tax 14500 total bill value 114500 What is the tds amount?

1 1915

Dearlers Margin Received for Direct sale from our Creditor, that TDS deducted for us. How to accounting in my records in Tally ERP 9

1340

what is CST % applicable on garments sales to other state?

1443

what is period VAT revised return can be filed?

1320

agar hum koi sale return 3 month ke andar hi receive krte hai or part uski cst purchase ka bill deti hai or humse c form mangti hai to kya hum use LS-10 me tax benefit ke liye and LP-3 me c form issue krne ke liye kyoki central purchase ka haryana vat me benefit nhi milta kya dono form LP-3 and LS-10 me hum us return ko show kar skte hai

1317


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Un-Answered Questions { Taxation }

plzzzzzz help me friend my question is, is the tds of part of income tax and when it deduct from salary and why becose tds is deduct only secoundry primary income like lotory etc..

1710


what Is the ITc Claimed. how to utilized the ITC.

1693


Provision entry for current Year Income Tax A/c ----Dr To Income Tax Payable A/c Adjustment entry in next Year Income tax payable---Dr To bank A/c kindly tell me which head of income tax a/c and income tax payble a/c

1458


If A manpower supplier bills to a acompany for rs.100000 for pure labour supply what entry will be done in terms of reverse charges.

1522


What is the difference between Indian and us taxation

2304






what is deemed sales? how to calculated

1875


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

1722


What is process CST & Custom Duty Handle in tally Erp 9, with example.

1424


Rules for filling Income Tax return for a MNC?

1752


How many types of vat categoryplease tell me all type of vat categories..............

1879


what is the exise limit in granite manufacturing

1611


please provide to us the rules of wct in andhra pradesh (Hyderabad)

1868


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

2047


How many turnover company active TAN no applicable and how many deduction % of service.

1456


what is the difference b/w deferred tax exp and defeered tax liab? should Deffered Tax expense be deducted b4 computing Net profit?

1838