2024 Tds tcs mcq

Tds tcs mcq

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August undefined, 2024

WebMar 4, 2024 · The government uses TDS as a tool to collect tax in order to minimize tax evasion by taxing the income (partially or wholly) at the time it is generated rather than at … WebTCS NQT C MCQ Questions 2024. This section is a new section in TCS NQT Test and majority of the questions are asked from C input-output and theory. However, some …

Income-tax MCQ [Free PDF] - Objective Question Answer …

WebMar 30, 2024 · 4000 Deductor Deductee ABC Max Who is Deductor Person Deducting TDS Who is Deductee P erson whose TDS Deducted Who is Deductor Deductee here Deductor Deductee ABC Max If TDS @10% TDS Deposit Max ABC Bill consultancy Rs 40,000 Cheque Rs 36,000 4000. Next: What is TDS Challan and TDS Return → Ask a doubt. WebApr 15, 2024 · The basic difference between TDS and TCS in GST lies in their applicability, the threshold limits beyond which they are applicable, the rates of deduction and collection, the due date for depositing the tax collected, and so on. TDS Under GST: TDS under GST is applicable when the sale of goods or services exceeds Rs.2.5 Lakhs. propart houston

Tax Booster MCQs & Questions - TDS &TCS

WebApr 7, 2024 · A penalty will not be imposed under Section 271H of the Income Tax Act if TDS/TCS returns are not filed by the due date if the following criteria are met: The TDS/TCS is paid to the government. One year after the due date, the TDS/TCS return is submitted. Any applicable interest and late filing costs have been paid to the government's credit. WebStep – II. e-TDS/e-TCS return in accordance with the file formats is to be prepared in clean text ASCII format with 'txt' as filename extension. e-TDS/e-TCS return can be prepared using Return Preparation Utility provided by Protean (formerly NSDL eGov) or … WebTDS is the tax which is deducted on a payment made by a company to an individual, in case the amount exceeds a certain limit. TCS is the tax which is collected by sellers while … lactose free ingredients

Solved! Important Questions Related to TDS Return Filing

MCQ On TDS, TCS & Advance Tax PDF Trust Law

Web4 hours ago · Step 4: Once all the required details have been entered, click on the ‘Go’ button. The website will then display the relevant details on the screen. By following these simple steps, you can easily access important TDS and TCS-related information from the official website, and stay up to date with all the latest developments related to tax deductions and … WebMCQ on TDS/TCS - Part 1. Aug 24, 2024 • 1h 38m . Nikita Khetan. 5K followers • CA Final Group 2. In this course, Nikita Khetan will cover the MCQs of TDS/TCS. This session would be helpful for aspirants preparing for the CA Exam. Learners at any stage (CA Foundation, CA Inter, and Final) of their preparations will be benefited from the class. lactose free kefir colesWebTDS Interview Questions What is TDS? Why is TDS Deducted?? What are Important Rates of TDS? If Rent is 15000 pm, do we need to deduct TDS? Is TDS Deducted on GST Component? What is TAN Number? What are TDS Certificates and its due dates? How to File TDS Return? How to Revise TDS Return? What is the website of TDS? propass port of virginia sign in

"WebAug 29, 2024 · TDS and TCS TCS Rates and MCQs. 528 views Premiered Aug 29, 2024 About the Video - TCS Rates ...more. ...more. 30 Dislike Share Save. StudyAtHome. 262K … " - Tds tcs mcq

Tds tcs mcq

Tax Collected at Source (TCS) - Example, Under GST ... - Lendingkart

WebAlphabetical Reckoner of transactions for TDS/TCS/SFT; TDS Charts; The Present Publication is the 29 th Edition and has been amended by the Finance Act 2024. This book is authored by Taxmann’s Editorial Board and divided into four divisions, namely: ... CA/CMA Final/CS Professional Audit Param Questionnaire With MCQs Book Set By CA Ravi Taori WebApr 11, 2024 · Tax Booster MCQs & Questions - TDS &TCS. Starts on Apr 11, 2024 • 4:30 PM. Kishan Kumar. 4K followers • CA Inter (Group 1) In this session, Kishan Sir will discuss …

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WebThe difference between TCS and TDS is explained in the below mentioned table, Parameters. Tax Deducted at Source (TDS) Tax Collected at Source (TCS) Meaning. It is … WebAnnual e-TDS/TCS return is the TDS return under section 206 of the Income Tax Act (prepared in Form Nos. 24, 26 or 27) or TCS return under section 206C of the Income Tax Act (prepared in Form No. 27E), which is prepared in electronic media as …

WebDec 19, 2024 · Tcs, Incorporated, 2712 The Plz, Charlotte, NC (Owned by: Search Licensee Directory) holds a Electrical Contractors license and 2 other licenses according to the … Web4 hours ago · Step 4: Once all the required details have been entered, click on the ‘Go’ button. The website will then display the relevant details on the screen. By following these simple …

WebSep 23, 2024 · Some key differences between Tax Deducted at Source (TDS) and Tax collected at source (TCS) can be found below: Tax Deducted at Source (TDS) Tax … WebIn this video you will get to know about the questions with answers under the section "Know your TCS " .Most common MCQ for TCS proctored exam. Most of the ...

Web2 hours ago · Tax Deducted at Source (TDS) on salary is a tax that the company withholds while paying the employee's salary. As a result, your company withholds your money and deposits it with the government on ...

WebTDS/TCS return on or before the due dates prescribed in this regard, then assessing officer may direct such person to pay penalty under section 271H. Minimum penalty can be levied of Rs. 10,000 which can go upto Rs. 1,00,000. ... TCS return. MCQ ON LATE FILING FEES AND PENALTY FOR FAILURE TO FURNISH/DELAY IN FURNISHING THE TDS/TCS … lactose free ice creamsWebUnderstand the concept of Income Tax MCQs International Tax + Tax Planning + TDS/TCS with NTA-UGC-NET & SET Exams course curated by Raghav Wadhwa on Unacademy. The … lactose free irish creamWebDec 7, 2016 · TDS is made up of inorganic salts, as well as a small amount of organic matter. Common inorganic salts that can be found in water include calcium, magnesium, potassium and sodium, which are all … lactose free kefir fodmapWebApr 12, 2024 · Correct answer : b. Explanation : rd command is used to remove an empty directory. rmdir removes the directory, specified by the Directory parameter, from the system. 5. Find the occurrences of word and print its occurrence count. answer : grep –o –i “unix” myfile wc –l. lactose free iron tabletsWebJun 30, 2024 · TDS on purchase of goods under Section 194Q. Section 194Q of the Income Tax Act is recently introduced vide the Finance Act, 2024. Under section 194Q “It is … lactose free instant breakfast powderWebCMA VIPUL SHAH TEST - 13 PAYMENT OF TAX, TDS & TCS www.vipulshah.org 7559173787 13.3 Illustration 4 Health Department is making payment of Rs.10 lakh to a supplier for supply of Hearing Aids. Solution Illustration 5 Mr. Raj have entered into a contract worth Rs.10 lakh with a supplier XYZ prior to 1.10.2024. ... propath careevolveWeb(d) Challans for payment of TDS/TCS (e) TDS/TCS certificates (f) Other documents as may be prescribed Consequences of not quoting TAN Section 272BB(1) provides for penalty for failure to obtain TAN and section 272BB(1A) provides for penalty for quoting incorrect TAN. Penalty imposable under section 272BB is Rs. 10,000. Procedure to obtain TAN propath careevolve.com