Cess being levied on tax amount..
This query is : Resolved
21 April 2014
hello..
can u tell me the reason that why the cess is being leveied on the tax amount??
can u tell me the reason that why the cess is being leveied on the tax amount??
21 April 2014
This is a percentage which is provided for good purpose.
Like in Service Tax- 12.36
So 12% is Tax.
2% is Education Cess(Education cess for those who could not afford it)
1% Higher Education Cess.
If is a process to help the poor peoples in their literacy.
Same is in all other taxes.
Like in Service Tax- 12.36
So 12% is Tax.
2% is Education Cess(Education cess for those who could not afford it)
1% Higher Education Cess.
If is a process to help the poor peoples in their literacy.
Same is in all other taxes.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Soyabean hsn code and gst rate
- Treatment of Pension ?annuity returns on PMVY
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Plot of land. Cost of Acquisition
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- TDS related Query_Liquidated Damages
- NON- SUBMISSION OF LLP FORM 3
- Long Term Service award taxability in hands of company
- Last year TDS Claim
- Form 27Q Correction statement taking too long to update on IT Portal
- ITR selection for salaries and capital gain less than L
- Showing Gift from relative in ITR for this year
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
