Tell me how many taxes applicable in a Company and How can
I calculate ?
Answer Posted / vinoth kumar
In the Company there are 3 types of Taxes are applicable
They are,
> VAT ( Value Added Tax) @ 4% With in State
> CST ( Central Sales Tax)@2% Outside the State
> Income Tax @30% from Net Profit (After partners
renummeration's)
> You may also Collect TDS from your Creditors While making
payment & Pay it to IT Dept. Montly
> Service Tax
| Is This Answer Correct ? | 10 Yes | 3 No |
Post New Answer View All Answers
What is Vat and how it is adjustable with input vat and what return form required for DVAT?
A individual advocate recievs legal fees. is he liable to pay service tax @ 12.36% on it?
What do you understand by transfer income?
Is Service Tax chargable by Real Estate devlopers to be charged on the entire cost of the property or only on the service conent of the cost and not on the cost of land and cost of construction material? Can the developers demand Service Tax on installments paid by the buyers before the real sale takes place?
service tax
my manufacture company established in Excise exempted Area. and we pay freight to transpoter.& also deduct service tax.what will be the entry of this transaction. can i adjust this service tax payable from input service tax of telephone bill.
on earth moving road work which type of tax is applicable?
How to calculate entry tax on kraft papers format in excel under Assam Entry tax rules?
How To fill vat, Tds, Service tax Return Form? Please Explain With an Example.
How many turnover company active TAN no applicable and how many deduction % of service.
i have recently joined a bank as probationary officer.i ant to know hich of the two options bellow will be benefitial:- 1.receiving HRA or 2.receiving lease rent from the bank.
How can company withdraw the amount of Group Superannuation of the employee who has left the job before completion of one year ?
Under the provisions of the BST Act, no registered dealer is allowed to collect any amount by way of tax in excess of the amount of tax payable by him. Excess tax collected is to be forfeited to Government. However i want to know whether tax payable amount is the amount before the set off claimed or the tax payable amount after availing the set off.
DEFINATION OF INCOME TAX , WEALTH TAX , INDIRECT TAX ,DITECT TAX , AND CORPORATE TAX ?
WHAT IS THE DIFFERED ASSET , WHAT IS THE PROVISION OF IT GIVT ME THE EXAMPLE WITH ENTERY ON MY E.MAIL sonidilip87@yahoo.com