Tax Liability
This query is : Resolved
05 February 2009
What is tax liability?
How it is known?
How it is known?
05 February 2009
1) For VAT, check monthly and annual return and make sure that the tax payable is correct or not.
2)For Income tax check the computation statement, check the advance tax payment challans, TDS certificates received and ascertain the genuiness of tax liability.
3)For service tax check ST-3 returns,GAR-7 challans,input tax credit availed if any and arrive the liability if any.
4) For FBT ascertain the expenses which is taxable, obtain the computation statement, advance tax payment challans and see the liability.
5) These are only few examples among others.
2)For Income tax check the computation statement, check the advance tax payment challans, TDS certificates received and ascertain the genuiness of tax liability.
3)For service tax check ST-3 returns,GAR-7 challans,input tax credit availed if any and arrive the liability if any.
4) For FBT ascertain the expenses which is taxable, obtain the computation statement, advance tax payment challans and see the liability.
5) These are only few examples among others.
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
- CLOSING STOCK QUERY
- Gst on travel by air for business purposes
- GST ISD Query on various AMCs
- Query regarding reporting of exempt foreign remuneration in ITR
- DUE DATE FOR ITR FILING
- Rent claimed on building given on permissive possession basis
- Error in uploading Form 10BD
- F&O reporting in ITR
- Short Term Gain Reporting ITR
- 44AD, 44ADA business details
- Gst reverse charge mechanism to be claimed in the month of payment
- Itr processing refund
- U/S 194 T
- TDS refund Indemnity Bond
- ITC BENEFIT ON BROKRAGE PAID
- PF wage ceiling
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
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
