Answer Posted / raval chand sharma

Nature of Payment Threshhold Comp,Firm,Society, HUF, Indiv.
up to Local authority
Interestfrom Bank 10000 10% 10%
Other Intrest 5000 10% 10%
Contract,Subcont. 20000(50000
in a year) 2% 1%
Rent 120000 10% 10%


above TDS rate for financial year 2010-11

If i want to change a proprietor concern yo a partnership concern. do i have to pay full tax on every product i have in stock or just simple make a partnership deed and apply a new pan card and register in sale tax department ?

2081

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if a buyer paid full cst 14.5% for a redistrable assect then whatis the registration process?

2189

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i want know central excise duty codes with cess?

2762

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Sir, We purchased coal from NCL on CST basis. An incentive is paid on the basis of performance basis of NCL. NCL Raise there incentive bill for Rs. 1000+CST2% Rs.20 Total Rs. 1020/-. But As per Our Calculation, Incentive bill should be Rs. Basic 900+18 (CST)total Rs. 918. We argue and disputed and paid only Rs. 918/- . After Some time they also agree that incentive amount should be Rs. 900+CST but Now they revised the bill like this Basic Incentive Rs. 900+CST Rs.20/- (Original Tax value). And now they are demanding C for with CST 20/- but our pleas is that we are not liable for the mistakes made by the NCL and will issue C for for Rs. 18 Only. Now They are demanding C for for difference of Rs. 2 of CST. My Question is what should be the actually value of C form for CST ie. Rs. 18 or 20. considering the fact that we accounted only rs. 918/- in books and disputed is resolved after one year for basic value.

1980

---

What is FBT? Is there any fixed rate of tax for all? or slab rate? pls give the detailed answer with examples. My e- mail ID: vijji_tv@yahoo.com

2178

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From Karnataka,while sending material out, which are all the states required Form 38?

2180

---

which purchases is profitable for us a building material purchases from direct of contactor ?

1927

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What do you mean by fair rent?

1238

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what is highseas purchase and sales? how is custom duty calculated? what are the criteria for a person dealing in shares comes under tax audit? whether all equity oriented fund are eligble for stt?

5677

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how much TDS required in telecommunication services ? Any types of Telecommunication, provider or services receiver

1974

---

Please advise where to enter Income tax paid to Govt. in tally and on which head account to be created///

2054

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We made full payment to contractor and forget to deduct TDS on that.Now contractor ledger is fully settled and we have to pass the TDS entries on that. Kindly guide rectify the entries on tds

2307

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In TDS Challan, i had written the TAN No of my company wrongly and i file it to the Govt. what can i do now? is there any problem reg this? wat is my next step? shall i give any letter to TDS Circle in this regarding? how can i approach them? Kindly help me immdly with the procedure.

2588

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Define assessment year.

1245

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Whether C Form can be issued for the transactions that made 5-6 years back? What are the procedures?

2217

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