Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


What's the difference between Income Tax and P.Tax?



What's the difference between Income Tax and P.Tax?..

Answer / kumaran

Income tax is a direct tax which is payable on income earned
as per the income tax slab. Professional tax is a tax on
profession, collected by the employer from Employee salary as
per the statement government rule applicable time to time.

Is This Answer Correct ?    2 Yes 0 No

Post New Answer

More Taxation Interview Questions

what is the use of 2a,2b & 2c form in cst

2 Answers   OmniComp,


What is deffered tax? Explain breifly.

1 Answers  


Salary A/c Dr (Gross) 10000.00 Salay payabe A/c Cr 9825.00 ESI Payable A/c Cr 650.00 ESI Employer Cont. Dr. 475.00 or Salary A/c Dr (Gross) 10000.00 Salay payabe A/c Cr 9825.00 ESI Payable A/c Cr 175.00 which is correct entry above entries ?

5 Answers  


I Need Full details about calculating value added tax ?

1 Answers  


What is the service tax rate for individual contractors and firm contractors.

4 Answers  


How to Claim Cenvat Credit.

2 Answers  


The Book Profit of a firm is 325600/- What is the allowable remuneration to the working partners If it is a business firm If it is Professional Firm and also let me know under what section

6 Answers  


Can anybody explain me entry for TDS receivable with example

5 Answers  


material sale seller to buyer, seller give to material to buyer against Form H, so what benefit to seller to submit Form H for vat purpose.

1 Answers  


what is percentage of work contract I have construction a house I paid my Manson Rs.3 Lakhs for labour charges what percentage I have deduct in Manson account and I have give cement. sand and Iron the Manson was supplied only labour like female and male labours. What is the answer and percentage of TDS.

1 Answers  


what is the Finalization?

2 Answers  


if tiny payment made for computer parts or computer purchase or computer maintainance then how much TDS to be deducted. whether computer maintainance to be considered as contract & tax to be deducted (TDS) from the payment

3 Answers  


Categories