if i the vendor is providing us some printing material
& they issue a bill of printing with including Vat
so what can i deduct TDS ?
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Are woollen Blankets (Rugs) taxable under CST ? Can unregistered party sell it.
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I renders interior Services, consider one project cost Rs.500000/- Scenario 1 - Material purchased on my Firm Name Material - 300000 - 0 On party behalf Labour - 200000 -150000 My expenses for Labour Contracts Profit - 50000 My Profit Scenario 2 - Material purchased by client Labour - 200000 -150000 My expenses for Labour Contracts Profit - 50000 My Profit In both Profit is same Rs. 50000/-. which is beneficial for me in terms of turnover or tax matters. and if I have to raise a bill to party as per both scenario, how it will affect bill and tax, where will I suffer loss?
The party has raised service bill for Rs. 120000. The TDS deductor company made TDS on Rs. 100000 i.e., Rs.20000 is deducted on the gross bill of Rs 120000. My question is whether to deduct TDS on Rs.120000 or on Rs. 100000?
what is out put sale tax and in put sale tax?
how to calculate tds on salary.if the 500 employee work in my company.so how calculate tds for each employee.
input vat and out put vat how it shows in profit and loss account
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