Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / rabindra kumar mallick
TDS means tax deducted at source, it is leviable on some
source of income defined by gove of india of any assessee
by deductor. The deductor may be govt. or non govt.
TCS means Tax collected at source, it is leviable on
specific goods defined by govt of india, collected by
seller on buyer on royalty, lease, forest item.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
How many heads are there under total income?
what Is the ITc Claimed. how to utilized the ITC.
How can I Return CST Form-I
what is city commodity tax
Dear Experts, I need your help in deriving a formula for calculating three taxes with a combination of cumulative and inclusive tax. Here are the examples with expected result. Please let me know the formula on how to get the given result. Example1: Total Product Value (V) = 1000 (with inclusive of all 3 taxes and below mentioned cumulative combinations) Tax1 rate is 10% and Tax1 is inclusive. Tax2 rate is 10% with Tax2 is inclusive and cumulative of Tax1 Tax3 rate is 10% with Tax3 is inclusive and there is no cumulative of Tax1, Tax2 Expected Results are: Tax1=76.34 Tax2=83.97 Tax3=76.34 Let me know formula to derive above values? Example2: Total Product Value (V) = 1000 (with inclusive of all 3 taxes and below mentioned cumulative combinations) Tax1 rate is 10% and Tax1 is inclusive. Tax2 rate is 10% with Tax2 is inclusive and cumulative of Tax1 Tax3 rate is 10% with Tax3 is inclusive and cumulative of Tax2 Expected Results are: Tax1=75.70 Tax2=83.27 Tax3=84.03 Please let me know formula to derive above values? Thanks in advance.
What is Cenvat
Type of form use in sales Tax
How many types of vat categoryplease tell me all type of vat categories..............
how to caluclate the mumbai tax with example? what is mean by credit and debit ?
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 ?
What is calculate of tds
What is the procedure to take modvat and its form number
A Old Government Job retired Personnel who is getting his Pension amount@Rs.11000/- per month. He has put his retirement Fund in Bank Deposit for 1 year. No Bank is deducted TDS on that amount. Do we have any way by which his TDS can be refunded or saved
What is process CST & Custom Duty Handle in tally Erp 9, with example.
How To Calculate Gross Sales for vat return -15
