If service provider is a residence complex developer (having apartment) and he receives amount inclusive of tax than how service tax will be calculated on amount received give some example

Answer Posted / sujeet gupta

if the receiving amount is 10000 & tax rate is 5%.
then the net amount is (10000*100/105)=9523.80

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Rules for filling Income Tax return for an Individual ?

1597


Hi Kindly provide the current slab for profession tax in karnataka and due date for remittance the profession tax

2012


how we can access the Tax Deduction through PAN ?.

1635


Define deferred tax liability? What items come under deferred tax liability?

799


what is excise

1955






WE purchase Firewell for our office Rs.26500/- the vendor charge 5% vat on 26500=1325 and S.Tax 14.5% on 26500/- =3843 is it is possible please clarify

1434


due date for issue of C form, if c form is not issue what will be the consequences

3427


is there any specific percentage related to lower tax deduction under tds

1750


hi how can we know and how to caulata pf. caucaltion of diffrent copany how much rate of pf deducted by company which is the best site to know our pf information

1585


IF XXX GOT AN ORDER FROM APTRANSCO AS WORKS CONTRACT NOW XXX PLACED AN ORDER TO YYY THAT TO SUPPLY 50% OF THE MATERIAL IN ORDER. NOW WHAT IS THE SALES TAX RATE HAVE TO CHARGE BY YYY TO XXX. NOW MY DOUGHT IS YYY IS NOT SUPPLING THE GOODS TO APTRANSCO, HE CANT CHARGE 4%, IF POSSIBLE PLEASE TELL ME THT HOW CAN HE .

1952


How can deduct tds from auction cases (timber)

1639


I am working in footwear company at Himachal Pradesh. we want to send raw material - (leather) for Job work our other branch. now my question is that will have we any permission taken from excise & sale tax deppt.

4386


What items come under deferred tax liability?

753


i have recently joined a bank as probationary officer.i ant to know hich of the two options bellow will be benefitial:- 1.receiving HRA or 2.receiving lease rent from the bank.

1763


in a company, if employee contributing To PF equal to employer contribution. can he voluntarily stop his contribution while he is in service with that company?

1511