Answer Posted / ca.manish gupta
Now mat credit is avilable for 7 years .
MAT is minimum alternative tax incase compnay have no tax
liability as per incometax act ,so compnay pay mat @10%.
some of items addedback & deducted for calculating mat .
| Is This Answer Correct ? | 36 Yes | 8 No |
Post New Answer View All Answers
Any body tell me about VAT (Karnataka)shortly because, iam reading vat book but iam not able to understand that. if any body tell me shortly about karnataka vat, retursn, tax collectng, tax payment, CENVAT utilizing etc. pleseeeeee
we have paid excess tds amount in 194I 27000/- for f.y.2017-18 now can we adjust the same in upcoming month 2018-19?
sir, please suggest me. If in case work contract, wct not deduct by principal contractor then what is the consequence ? I mean please clear me if the principal contractor not deduct wct then is the contractor (sub) liable to pay wct ?
IS THERE IS ANY EXUMTION FOR THE NEW CONCER TO NOT THE DEDUCT TDS IN THE 1st YEAR OF ITS INCORPORATION IF THE TURNVOER EXEED THE SPECIFIED LIMIT IN THE 1st YEAR.
Differentiate between financial year, assessment year and previous year?
what is the procedure for Excisable goods transfer from Head office to branch and vice versa (the branch is located in the same state) also if the branch is located in other states. How will it affect the VAT returns
what are accounting principles
If concern supply garments from outside purchase to movie producer for their production then is it maintain Service Tax if yes then how and at first what steps I have to take?
I have transfered the goods in F-Form (i.e. from one state to another) but now the problem is when I have sold the material in the Local market say for 100+tax=100tax, some of the material got defective say 50+tax=50tax. We will have to issue F-form of how much ??? 100 or 50. Kindly send me the same to my mail address - u15326@rediffmail.com
What items fall under the category of ‘securities’?
Define assessment year.
I am working as account in one of the logistics company for one year. I would like to know about service tax and how can I post necessary entries
if am registered dealer & i am using road permit, i have to pay entry tax, which goods, I am receving in jammu
what is the actual use of pure agent in tally erp 9 and why we use in tally .and what is the role of pure agent
Our business is an international call center. we are selling antivirus which is buying rs 200 & selling Rs 4500.what will be the purchase & sales.& what will be taxation processor to calculate tax