Interested to Buy Any Domain ? << Click Here >> for more details...
what is assessment year.
what is assesee.
what is tax slab
- 2 Answers
- 11500 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / poonam
Very next year of Financial year is Assesment Year
For Example : If Financial year is 2008-2009 the the
assesment year will be 2009-2010.
The Firm is assesee
| Is This Answer Correct ? | 25 Yes | 3 No |
Answer / suvash
Assessment year started from 1st April to 31st March, the
period is one year .
Assesee is person who is liable to pay tax.e.g. company,
individual person ,firm etc
for the assessement year 9/10
upto 160000 (individual)= Nil
upto 190000 (women) = Nil
upto240000 (sinior citizen)=nil
160001,190001,240001 - 300000= 10%
300001 - 500000 = 20%
above 500001 = 30%
education cess is 3%, and surcharge is 10% above 10000000
applicable.
| Is This Answer Correct ? | 16 Yes | 2 No |
Can we deduct WCT TDS on Interstate WORKS CONTRACT , Example, Contractor is in Banglore, he has completed work in Mahrashtra which involved Civil work, Furnitures, fixtures & labour etc, Contractor has raised invoice on service receiver adding 13.50% full CST +4.12% Service charges on Total invoice amount, kindly clarify whether Service receiver is eligible to deduct WCT TDS in Maharashtra on invoice value of the contractor, if yes at what rate ?
what is tcs
If suppose we wrongly deduct the TDS on professional fees then what to do?
can we issue F Form within the state? if yes what is the condition?
THERE IS EXCESS TDS REMITTED UNDER SECTION 194 H IN EACH MONTH STARTING FROM APRIL 2011 TO DECEMBER 2011.THIS IS DISCOVERED IN JANUARY 2012. THE QUARTERLY RETURN IS YET TO BE FILED. HOW TO TAKE EXCESS CREDIT IN FILING QUARTERLY RETURNS ? WHETHER EXCESS TDS CAN BE ADJUSTED AGAINST REMITTANCE OF TDS FOR JANUARY 2012 (UNDER 194 H ONLY)AND THE BALANCE ONLY CAN BE REMITTED? IF SO, HOW TO GIVE THE CHALLAN REFERENCES IN THE RETURN?
We purchase Electricals Cabel for Panel & Fitting for our company, we have issued Form "C" to above material purchase From OGS
what is procedure of calculation of TDS by bank?
what do you mean by cenvat? and in which is liable?
Please advise where to enter Income tax paid to Govt. in tally and on which head account to be created///
how to record journal entry for tds on salary on quarterly basis?
28 Answers Bharat Trading, BTA, Duravit, HDFC, Metatron, Reliance, TCS,
Cenvat credit transaction journal entries. And what does the term reversal of credit means
IF WE ARE WORKING IN PHARMA COMPANY & I SEND THE MEDICINE SAMPLE TO THE SALSMAN IN VARIOUS PLASE OF INDIA THAT TIME MADE INVOICE OR ANY OTHER CHALLN OR RECIEPT WHAT AS PER LAW ANY TAX APPLIED IN THE INVOICE & WHICH FORM WILL BE REQUIRED HOW TO GET IT, PLEASE GIVE ME DETAIL ALL INFORMATION WITH EXAMPLE & WHAT ENTEY OF THIS TRANSATION IN BOOKS OF ACCOUNT
Audit 
