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soma srinivas


{ City } hyderabad
< Country > india
* Profession * senior accountant
User No # 62235
Total Questions Posted # 0
Total Answers Posted # 6

Total Answers Posted for My Questions # 0
Total Views for My Questions # 0

Users Marked my Answers as Correct # 21
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Questions / { soma srinivas }
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Answers / { soma srinivas }

Question { Genpact, 5922 }

sir can u please provide me knowledge about all the direct
tax and indirect tax


Answer


Direct Tax: VAT

Indirect Tax: Service Tax, Income Tax etc.

Is This Answer Correct ?    1 Yes 3 No

Question { Bank Of America, 5253 }

how to recover a tds from taxation towards an assesse
so particularly in finaNCIAL YEAR


Answer

tds amount recovery after filling the itr, by that time we
have any amount we will get that amount after six months or
more. I mean supose we file the returns on 31.8.10 for 2009-
10 fy we have any tds amount (after payment of income tax).

Is This Answer Correct ?    5 Yes 2 No


Question { 4406 }

what do you mean by return in taxes


Answer

Returns means in one financial year one person earnings
after all deductions (eligible)to submit to Govt.

Is This Answer Correct ?    3 Yes 0 No

Question { 7863 }

we can cash slase above 20000? and if party pay the above
20000 we can give the recipt.


Answer

We can not give the receipt in one person to Rs. 20000/-
directly in one time. If we sale the above amount by that
we will give the receipt on two persons.

Is This Answer Correct ?    5 Yes 1 No

Question { 4676 }

plz tell me Vat Return & Vat Forms


Answer

vat forms for non-companies -200
for companies - 201
vat returns every month before 15th for previous month.

Is This Answer Correct ?    3 Yes 1 No

Question { 41014 }

can we deduct the tds on purchase of computer, server?


Answer

no, in this process vat is applicable. TDS is applicable
only on Service Oriented.

Is This Answer Correct ?    4 Yes 1 No