Whether Luxury Tax should be collected on Tariff or on discounted tariff.



Whether Luxury Tax should be collected on Tariff or on discounted tariff...

Answer / seshuoracle

Luxury tax will be calculated on rackrate only.

Is This Answer Correct ?    3 Yes 0 No

Post New Answer

More Taxation Interview Questions

WHAT IS THE TDS RATE FOR ASSESSMENT YEAR 2010-11 FOR DIFFERENT CATAGORIES??????????????

4 Answers  


can anyone answer,how to calculate TDS for the whole year of a person whose salary is Rs 9000 p.m. so his D.A. has risen up quaterly wise for eg, April - June 63%, july to sept 73% which is upto fourth quater

1 Answers  


WHAT IS TIN

7 Answers  


what is the Intrest Rate for CST Delay Payment

1 Answers   ABC, Amico, Vertimo,


type of sale and purchase tax?

0 Answers  






1. what are the ledgers to be open for service tax accounting & under which group in tally? 2. what is the journal entry to be pass when adjusting input & output service tax at the end of the month? Regards Sakthivel sakthi_135@hotmail.com

2 Answers  


We paid advance rent of office for next 6 months, when should we pay the TDS into bank, is it will monthly or it will be in advance?

7 Answers  


(1) what is TDS (2) what is the current Rate of TDS: (A) payment of contarctor/subcontractor (b) payment of professional charges (c) payment of rent (d) salary

6 Answers  


Esic calculated on gross to be rounded to?

1 Answers  


i am working in a construction company. my question is can we claim VAT paid on items like (i. e . Vat paid on stationery, purchase of printer catridge etc exp for official use. indirect exp.) ?

4 Answers  


We are into Press Tool & Die Manufacturers and regisered with ESI. for Expansion of Building we are paying civil contract bills ( incluidng labour as well as material) . Please let me know while making payment we have to deduct ESI because civil contrator is not registered under ESI. My question is contractor issue bill including material . on what amount we have to deduct ESI. Please let me know.

1 Answers  


WHAT IS THE PROVISION FOR NET PROFIT & LOSS IN PVT LTD CO & LTD CO GIVE ME THE EXAMPLE WITH ENTERY ON MY EMAIL sonidilip87@yahoo.com

0 Answers  


Categories