Answer / h.r. sreepada bhagi

Assuming that the question is about, If the salary is below
taxable limit, then there's no need to deduct the tax. In
this case since the amount is with in the tax exemption
limit, salary need not be subjected to deduction of tax at
source. (It's assumed that Rs. 1.40 Lacs. is annual salary.
Another point to be remembered is that taxable salary will
be different from CTC & Gross salaries.

For the assessment year 2011-12, ie., FY 2010-11, is there cess on TDS for Professional fees ?

3 Answers  

---

what is defferred tax liability ? explain with 2 example.

1 Answers  

---

What is WCT? On Which it is calculated?

21 Answers   Inabensa,

---

how to treat payment or receit of gift in income tax returns

0 Answers  

---

ER-5 & ER- 7 ER -4 related all information 1) What Fill The ER-5 & ER- 7 ER -4 2) What Infomation Fill In the return

0 Answers  

---

what ate the difference between tds and income tax and which form is used for deposit tds and income tax.give me detail infromation about this question.

2 Answers   Parryware,

---

WHAT IS TIN

7 Answers  

---

Sir, We purchased coal from NCL on CST basis. An incentive is paid on the basis of performance basis of NCL. NCL Raise there incentive bill for Rs. 1000+CST2% Rs.20 Total Rs. 1020/-. But As per Our Calculation, Incentive bill should be Rs. Basic 900+18 (CST)total Rs. 918. We argue and disputed and paid only Rs. 918/- . After Some time they also agree that incentive amount should be Rs. 900+CST but Now they revised the bill like this Basic Incentive Rs. 900+CST Rs.20/- (Original Tax value). And now they are demanding C for with CST 20/- but our pleas is that we are not liable for the mistakes made by the NCL and will issue C for for Rs. 18 Only. Now They are demanding C for for difference of Rs. 2 of CST. My Question is what should be the actually value of C form for CST ie. Rs. 18 or 20. considering the fact that we accounted only rs. 918/- in books and disputed is resolved after one year for basic value.

0 Answers   NTPC, XYZ,

---

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

1 Answers  

---

plz tell what is current rate of depriciation as per income tax .

2 Answers  

---

what is mean by CST purchase way bills, is it CSt Waybills equals to CST purchase way bills?

1 Answers   CST, Maruti Suzuki,

---

We have paid service tax of March Bills on 30 March. we forgot to include some bills for service tax, now we can deposit the tax in april/may and how we enter the tax..in tally....

0 Answers  

---