Interested to Buy Any Domain ? << Click Here >> for more details...
what is the diffrence between tds and vat?
- 16 Answers
- 55086 Views
- Accenture, GMR, Tata Lockheed Martin Aerostructures, I also Faced
- E-Mail Answers
Answer Posted / prince nakwal
vat is a value added tax and when we purchase and sales any
item then we use VAT vat is like a Sale tax.if the value
added tax were in force than would the value addition of
rs.20/-at the hand of the reseller alone be subjected of tax
if we have to answer the above question on the basis of
first principle of VAT,
tax deducted at source is one of the mode of colecting
income tax the buyer and payer (deductor)deductes tax from
payment mode to the seller payee(deductee)the dedctor then
this tax to the income tax department within the stipluted
time.
| Is This Answer Correct ? | 29 Yes | 10 No |
Post New Answer View All Answers
What is the difference between the excise duty and the sales tax?
Hi,when we pass a clearing entry of paid and unpaid tax how do we show the business area the way the business area can be seen.is there any change that i have to do in the configuration of this GL.my client wants that the business area also reflects when we post the gl.please help.
Can any One Plz Help Me with TDS Charts & Filling? Plz Send Me All Details to My email Id: satish.0483@gmail.com Plz Its Asked to Me In My Interview Held In Coming 2 Or 3 Days
My Total CTC is 12500(not gross salary), i am living in Mysore(non-metropoliton city) what will be the take home salary after deduction? thanks in advance.
what is central excise tax
when i send goods out side the state against c form from gujarat to bombay which forms will have to required, where i get it & what process of to get it , please give me the answer on my e.mail sonidilip87@yahoo.com
How to determine TDS on Salary ? what are Limit for HRA ,insurance premium , Loan installment, children education fee etc. what type of Deductions for salary. please Explain Full and complete this concept with one example which cover all aspects regarding TDS on Salary.
WHAT IS THE DEPREATION RATE FOR COMPANY, EXPLAIN DETAILD WITH EXAMPLE & ENTERY , PLEASE GIVE ME THE DETAIL OF IT ON MY E.MAIL sonidilip87@yahoo.com
WHAT IS THE PROVISION OF INCOME TAX, SELF ASSESSMENT TAX AFTER AUDITING GIVE THE EXAMPLE WITH ENTERY
We are a UK company selling electronic s/w licenses to customer in India. We have a PAN Number. Why is TDS being deducted on a product? Why is TDS calculated on the invoice value - surely it is supposed to be on Income and not Turnover? What is the correct TDS % deduction?
What is the rate of Excise duty for all goods Is der any Difference in rate of exice duty for Chemicals And Fabric
I DED TDS ON SALARY AND CONTRACTOR WHERE I DEPOSITED THIS AMOUNT WHICH PROCESS I FLOW TO FULL FILL ALL THE MANDATORY
Cenvat credit transaction journal entries. And what does the term reversal of credit means
Apply for TDS certificate in bank for rent purpose is wrongly entry as 94C instead of 94I. Is any problem?
WHAT IS FORM AND OTHER REQUIRMENT FOR FILE EXCISE RETRUN AND HOW WE FILE EXCISE RETURN ?
