Answer Posted / neena sethi
A dealer whose turnover exceeds the prescribed limit is
liable to pay tax .
Two categories : 1) Importer : Total turnover of sales
exceeds Rs 1,00,000 and value of taxable goods sold or
purchased is not less than Rs 10,000.
2) Others : Total turnover of sales
exceeds Rs 5,00,000 and value of taxable goods sold or
purchased is not less Rs 10,000.
Is This Answer Correct ? | 24 Yes | 3 No |
Post New Answer View All Answers
Hi, I am working in MNC, I Want to Know about TDS. What is Deposit date of TDS for all categaries & Which challan or Form What is date of Submit tds return quarterly for in a Company & Which form fill up
Can I use a single way bill for 1 vehicle dispatching material from multiple consigners to a single consignee???
What is the rate of Excise duty for all goods Is der any Difference in rate of exice duty for Chemicals And Fabric
how to calculate deffered tax, relating to company.. pls explain with examples.. also about timing differences..
How is income tax calculated?
Pls can you write briefly about procedure of Auditing of VAT, Service Tax and Central Excise?
what is the case assesment of sales tax and vat.What is the proof of this case assesment.why we use the challan-c...???? Plz tell me someone...???
what is the rule of TDS Deduction for Pvt Ltd Company ??? And What rule of not TDS Deduct for PVT LTD company ???
What is the limitation for loan from pvt ltd company to other sole proprietor company suppose 25 lakhs given. what is the rule at the time of income tax point of view. Please clarify anybody....
please share fy 2017-18 salary tds auto matic excel utility
we are getting materials from outside the state and issuing form c to a local party, since the local party is consignee agent of party who sends the materials. what is name this type of transaction? is issuing form c correct and proper? please reply
WHAT IS THE LIMIT ABOVE WHICH WE CAN DEDUCT THE TDS ON VARIOUS CATEGORY LIKE PRIFESSION, CONTRACTOR, INTEREST, RENT, SALARY ETC.
WHAT WOULD BE THE RATE OF DEPRECIATION OF RAILWAY SIDING AT STRAIGHT LINE METHOD UNDER COMPANIES ACT?
what are accounting principles
Is Work Contract Tax expenses for a company?