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Taxation Interview Questions
Questions Answers Views Company eMail

What is the journal entry for tds certificate received by the company debtor

Enrich,

6 16196

I am a newly appointed consulting engineer to a coirporate infrastructure company.I am offered a consultation fee of Rs.!500000(fifteen lakhs) per annum. My question is for the purpose of working out the income tax what is the gross income.Is it the balance of the fee received less the service tax paid ?

1 3621

Dear Sir please give the answar for the following question. What is the CST rate, if C form is fail to file after issued final Assessment Order. Because our commidity is @ 4%. But in the assessment order they are demanding @12.5% tax to which c forms are not submitted. for this issue what is the rate applicable.

1 3939

what is the tax that is levied if company crosses 1.5 crores turnover

1 5087

One of my party i.e. ABC (prop. firm) is providing repairing/alteration service relating to Comm. Construction.. (not new construction), they have provided a repairing/alteration service to one co-op. bank...i.e. XYZ………. At the time of audit by central excise dept., officers has asked/directed to bank to pay the service tax by the ABC (for year 07-08 & 08-09)..... Now, my question is …..:Is my Party ABC liable to pay the service tax ?

ABC,

2 4226

What is the commitment to the bankers against L/C ? They need any colletral Security or any deposit ? What is terms & conditions of L/c?

2404

what is the prime cost? and factory cost how to calculate it?

2091

There is a sales return in the month of April'09, we didnot take input credit for such return. shall it possible to take now? what the time limit to take such sales return input credit in VAT?

Genpact,

2 5460

Form No.27A, I think it is a TDS oriented Form. But for what purpose and why this Form is use?

3 15231

What is the difference between a TDS and an income tax?

TATA,

7 11233

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?

1856

what are CST,VAT ,TDS, Service tax .how they are applicable?

3 19744

what is waybill ? when we supplied a machine to Gujarat from Hyderabad they asked waybill. How it is different from consignment note?

2 9207

what is PBT? FBT? how they are calculated?

1 7820

is the company liable to deduct and pay professional tax for directors?

5 30444


Post New Taxation Questions

Un-Answered Questions { Taxation }

If forth alphabet is f then what is TDS percentage ?

675


What is difference between Contract and legel and legel and profession service???? I had face this question in interview

2248


Which is the section or rule for non submitting c forms panelty and interest

1970


What is tha Central sales tax rate 2010 in andhrapradesh

3097


is a pvt ltd. comp. can give advance against salary to his director.

1940


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

4351


if a buyer paid full cst 14.5% for a redistrable assect then whatis the registration process?

2097


I want to know how to calculate VAT / WCT Liability under composition scheme and regular scheme at Karnataka

2208


How to file the CST return and which form is use.

1707


Who are non resident?

1062


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

2424


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?

1860


What is means by Central Excise ? How to calculate Central Excise ? Central Excise form No. is ?

2189


HOW CALCULATE PARTERNERSHIP FIRM INCOME TAX ON NET PROFIT.

2146


WHAT IS TAXATION?

2289