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...


We have received Bills of Aug-2008 for contract charges. I
have passed the bills in Dec-2008. So, we will pay intrest
on tds or not?



We have received Bills of Aug-2008 for contract charges. I have passed the bills in Dec-2008. So, ..

Answer / p. navaneetha krishnan


I understood from ur query, that Aug 2008 bills was
considered in accounts only Dec 2008. In this screanio
Interest on will not appear provided if paid in January
2009 without fail and with appropriate rate applicable.

Is This Answer Correct ?    2 Yes 0 No

Post New Answer

More Taxation Interview Questions

How to reimburse TDS(Tax Deducted at Source)? I am getting monthly stipend of RS11,500. But still my employer deducting 1300 pm as TDS. They said they will issue form 16A to reimbruss. Please tell me the procedure to get my money back.

3 Answers   Infosys,


can a company/firm give more than 20000 rs in cash in a day to his employee as an advance for day to day exp ( not for purchase a capital asset )

3 Answers   Gammon,


When excise duties differs from 8.24% to 14.24%? Why excise gate pass is required during dispatch of vehicle?

1 Answers  


Pass a entry for purchase a material for Rs. 2000 inclusive of VAT @ 4% on Rs. 1500 & @12.5% on Rs. 500 with narration

10 Answers  


what is the proccesor to caculate the firm assement

0 Answers  


what is majore differance between TCS & TDS

4 Answers  


sir we did not pay tds in due date what is the rate of interest after due date how much percentage we have to pay interest

2 Answers  


what is rate of different service tax in haryana

0 Answers  


What is PLA Account & briefly say the central excise returns, due dates & entries

8 Answers   Apex,


Ganesh & Gopal joined a firm drawing salary of Rs 25000 per month.After serving 3 yrs ,they started business of their own in partnership,contributing Rs200000(expected life 10 yrs,bought spare parts worth Rs 33000 from Kundu on credit.Office supplies were purchased for cash.Initially they were very busy in conducting their business operations but by the end of the 1st year,31/12/2005 they were disappointed when they found their bank balances.Following is the summary of their bank statement. Receipts: Share Capital Rs 250000 Collections from Customers 412000 Payments: Equipment 200000 Salaries of Assistants 88000 Rent advance for 2 yrs 96000 On-year ins. Policy on equipment 12000 Office stationery 27000 Payment to Kundu 29000 Withdrawals of Ganesh 90000 Withdrawals of Gopal 90000 Closing balance c/d 30000 ----------- Total : 6,62,000 Still amount receivable from customers for services to them amounted to Rs 30,000 & closing balance of office stationery is Rs2000,spare parts Rs2600 were utilised by the end of the year .Prepare trial balance with the available information and show total. Also what is the net profit.

0 Answers  


Sir, My mother has got a sum of money about 5 lacs in the form of pension arrears. Will she have to pay the income tax on this amount which is deposited in her bank account & if it is then please suggest me to save the tax at maximum possible.

1 Answers  


how we creat e-vat return in tally for punjab

0 Answers  


Categories