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Taxation Interview Questions
Questions Answers Views Company eMail

If a person have been appointed as a Director in more than one company, what is the rule of paying Prof. tax ? Is Directors prof .Tax has to be paid by all the Companies whre he is a director.?

SPPL,

1614

Can VAT and Service Tax charged on Same amount.

1 2291

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

1769

Cenvat credit transaction journal entries. And what does the term reversal of credit means

1522

due date for issue of C form, if c form is not issue what will be the consequences

3765

Would like to know all the situations under which a "C" Form is issued?

1 2138

How should the personal assets of a salaried employee be shown in his books of accounts ?

CA,

1649

if waybill issued by consignor , then c form issue whose responsibility?

Saira Bath Concepts,

1429

What is VAT TDS? when it is applied & at what rate?

1661

If a person purchased goods by paying vat but while selling no vat has been collected and if he is registering his firm under vat need to pay vat after registration?

1528

my baisc salary is 8000 , DA 1000, con 1000, HRA 2500, Med 1500, Incentive 1000, LTA 2000 and other allowance

1 2261

Sir please confirm job work sale for clothes shat d1 yes & no

1726

Is wct charged on firm or proprietors ?

1519

WCT charged on firm or on proprietor?

1534

What is the current vat amount of aluminium goods like dishes, buckets etc hsn code is 7615-19

1551


Post New Taxation Questions

Un-Answered Questions { Taxation }

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

1763


I raised a service tax invoice against a client on which i charged service tax and without receiving any sum from client a deposited service tax on good faith but now client refuses to pay sum . so please, tell me what should i do.

2216


what the procedure of filing mvat pls. explain in briefly ?

2215


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.

1844


How We know we are liable for Profession Tax liability. I have an optics shop & I want PT Number so what should i do?

2223


do we have tds in nigeria

3047


If we want to do online PT registration it starts from 2007-08. But our firm started 2005-06. What is the procedure? Manually we have to submit the documents. Can any one let me know.

1852


I paid service tax double time due to web site problem for the year 2009-10, is there any chance to claim that amount if yes please tell me the process. thanking you.

2025


What is Excise duty? What is Edu Cess & Sec Edu Cess? Why and when it is applicable? What is Excise Claiming?

4344


In an E1 trasaction, if the dealer fails to get the E1form from his supplier& submit it to the Sales Tax Authority, then how much will be the expected penalty from Sales Tax department, if the local tax of those item is 14.5%? Please Note: Dealer has submitted all other documents to sales tax including customer Cform expect E1 form. Kindly give us the valuable answer with the supporting CST circular number.

1582


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.

2149


If any body have knowledge for vacate position for the post of Accountant kindly mail me verma_moti@yahoo.co.in (handling Accounting upto finalisation,Sales tax/vat,TDS,Service Tax,Excise tax and MIS.

1834


what is the full rate of cst/vat of building material ?

2344


what is capital account? how to manage it? what is the process?

2129


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

1732