Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / raju
The following are the five heads of income under Income Tax
Act 1961
1) Income from Salary
2) Income from House Property
3) Income from Business/Profession
4) Income from Capital Gains
5) Income from Other Sources
The above all incomes added - comes a figure is called the
Gross Taxable Income
then deduct the external deductions u/s.80
We will get the Taxable Income
Afterwards we will compute the tax on taxable Income
Ok
| Is This Answer Correct ? | 44 Yes | 2 No |
Post New Answer View All Answers
what is procedure of calculation of TDS by bank?
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.
My client has not filled income tax return for ay-2013-14
is there any necessity to file TDS to purchase a thing even ater paying vat
what will be my tax if i suddenly got 800000 to 1000000 in my bank by chq from sale of an old house?
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.
WHAT IS THE PENALTY CHARGE BY THE SALES TAX DEPARTMENT IF WE ARE ENABLE TO FILE SALES TAX RETURN AFTER ONE MONTH FROM END OF THE IVQ-2012-13.
What do you understand by transfer income?
I want to know the TDS ammount which deducted by company.
we have some central purchase bill against c form i want c form against this bill what requirment for form because we have not recived any c form from the cst office please advice me what i do . thanks
How to make fdr entry in tally software i dont understand. when fdr open from bank and after work and interest it get closed. i want to understand how to make ledger of that and full details please help me
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 ?
please tel me Karnataka vat,sale tax deposit from and return from
what is WCT rate in chhattisgarh
What is turnover limit for Auditing of Service Tax, VAT, Income Tax, Provident Fund, P. Tax and WCT? Please mail me at gautam_ch2 @ rediffmail.com or call me at 09831707812.
