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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 16419

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 3714

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 4026

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

1 5163

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 4346

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?

2466

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

2147

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 5598

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

3 15400

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

TATA,

7 11542

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?

1913

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

3 19916

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

2 9326

what is PBT? FBT? how they are calculated?

1 7909

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

5 30625


Post New Taxation Questions

Un-Answered Questions { Taxation }

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

1815


Type of form use in sales Tax

1930


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

2301


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

4620


should pranav mukherjee has done things good, by giving burden to vodafone a huge tax liabilty.....it will not affect our fdi???

2040


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.

2182


interest paid to bank rs. 15000 in connection with overdraft obtained for paying dividend.

4394


procedure to get Raw Material free of excise duty under Central Excise Act,

1827


WHEN I AM DOING 1ST TIME VAT RETURN E-FILLING, WHAT IS PROCESS FOLLOW HOW GET E-RETURN FILLING PERMISSION HOW APPLY FOR GET THE USER I.D & PASSWORD FOR E-RETURN FILLING IF ELSE, PLEASE GIVE ME THE RIGHT ANSWER ON MY E-MAIL ADDRESS ON sonidilip87@yahoo.com

2019


A Service provided has provided bill amounting rs. 100000 dt. 30/04/2013 & i have paid amount with 30000 Rs. as on 24/5/2013, & 20000 paid on 7/6/2013 & rest of the amount has been paid as on 15/6/2013 then on which amount TDS has been deducted. may it deducted on Bill amount or payment amount? If bill amount then at which date TDS entry should be done ? & if on Payment date then which date. and if i want to compute interest for late payment of TDS then Which date should be consider for interest payment computation. Do the needful for the same.

1970


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

1727


How to calculate entry tax on kraft papers format in excel under Assam Entry tax rules?

6381


sir, can you give me clarification briefly how to capitalized and which one capitalized

2136


interest paid to bank rs.15000 in conection with statutory income tax proceedings.

2102


What r the foll tax deductions for :- 1.TDS 2.WCT Give me answers in detail & give me some addtional info on these topics which would be helpful for me.

4804