Answer Posted / ravishankar
Tds-Tax Deducted at Source
Tds is to apply while making payments to vendors(for the
service rendered)
For example:Tds on contract,deducted 2.06%(or 2.266% not
sure in this)
Tds on brokerage,deduct 10.3%
Above mentioned rate changes as prescribed by central
government
Is This Answer Correct ? | 12 Yes | 4 No |
Post New Answer View All Answers
HOW CALCULATE PARTERNERSHIP FIRM INCOME TAX ON NET PROFIT.
What is the commitment to the bankers against L/C ? They need any colletral Security or any deposit ? What is terms & conditions of L/c?
cst rates
define double entry bookkeeping
Please some one tell me what is the VAT or WCT rate for works contract at Tripura
WHAT IS THE PROVISION FOR NET PROFIT & LOSS IN PVT LTD CO & LTD CO GIVE ME THE EXAMPLE WITH ENTERY ON MY EMAIL sonidilip87@yahoo.com
Define previous year.
If anybody have knowledge about opening for the post of accountant(for Gurgaon/Delhi) kindly mail me verma_moti@yahoo.co.in. I am handling accounting sales tax/vat,Excise,service Tax,Tds and MIS.
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
How Many Category of VAT in West Bengal
what is the proccesor to caculate the firm assement
interest paid to bank rs.15000 in conection with statutory income tax proceedings.
calculation of Tds on subcontractor
Beginning Balance, Dec. 31, 20xx Creditable Income Tax 211,829.00 Income Tax Payable (132,808.00) > Balance 79,021.00 ITR (1st Quarter) - Jan. 31, 2016 - Mar. 31, 20xx Normal Tax (30% of Taxable Income) 2,205.02 MCIT (2% of Gross Income) 7,865.71 Aggregate Income Tax Due (Normal Tax vs. MCIT whichever is hihger) 7,865.71 Less: Tax Credits/Payments Prior Years Excess Credits 79,021.00 Creditable Tax Withheld - 79,021.00 Tax Payable, per return (71,155.29) What should be the entry in my book to record the above transactions? Thank you!
what difference in motvat & cenvat? and why this prepared?