In Indian Taxation point of view, what you will look into a
payment or what is to be observed while making a payment.

Answer Posted / vishal pai kuchelkar

when we talk about making payment we mean passing a bill,
we have to look whether we r to deduct TDS on such bill,
whether the tx levied by party on his bill is correct

Is This Answer Correct ?    4 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

A person somehow gets hold of an extraordinary rare bird, keeps it as a pet for two years and then sells it off. Will related profit be taxable as capital gain?

1672


what was the rate of duty i have to pay if i want to import 1) lubricants(engine oil, etc) 2) grease 3) v-belts(rubber belts used in machines, cars, etc)

1619


what is cenvet credit in vat.

5795


please tell me friends what are the formats of excise return and vat return?

1692


what is the difference between vat return and return for remittance on value added tax.

2157






Dear Sir, Regarding for WCT, IF FORM DVAT-43 MADE FOR DELHI STATE.So Is there any Form availabe for Haryana State. Would request you to please let know Answer in Yes or No or which form is available for HR State If do you have any kind of list for same please have suggested me.

3681


What extra accounts and legal formalities are maintened In excise firm other then normal saling firm.? also tell me tax aspect in Excise firm?

1527


What are the types of provident funds?

687


can penalty be imposed under sec 96 of vat act west bengalfor goods destroyed or damaged

1914


Sir My, Que. We recived hotel housing & bording charges so i have dedu. tds when section

1672


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

1635


1. Why some companies are not deducting the TDS or WCT on their clients Invoice.,? 2. How companies are getting exemption from Deduction TDS or WCT. ?. 3. What are the procedure for not to deduct the TDS or WCT on client invoice while making payment for their Invoice.?.

2229


What is excise & service tax?

649


what are the benifits available to become and EOU in all taxes, such as Income Tax, Sales Tax, Excise, Custom

1754


what to in pro

1767