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Showing posts from June 18, 2011
What a great job from govt. of indiaspan 1) Qus.: What are you doing? Ans.: Business. Tax : PAY PROFESSIONAL TAX 2) Qus.: What are you doing in Business? Ans.: Selling the Goods. Tax : PAY SALES TAX 3) Qus.: From where are you getting Goods? Ans.: From other State/Abroad Tax : PAY CENTRAL SALES TAX, CUSTOM DUTY & OCTROI 4) Qus.: What are you getting in Selling Goods? Ans.: Profit. Tax : PAY INCOME TAX 5) Qus.: How do you distribute profit ? Ans : By way of dividend Tax : PAY DIVIDEND DISTRIBUTION TAX 6) Qus.: Where are you Manufacturing the Goods? Ans.: Factory. Tax : PAY EXCISE DUTY 8) Qus.: Do you have Staff? Ans.: Yes Tax: PAY STAFF PROFESSIONAL TAX 9) Qus.: Doing business in Millions? Ans.: Yes Tax : PAY TURNOVER TAX ? Ans : No Tax : Then pay Minimum Alternate Tax 10) Qus.: Are you taking out over 25,000 Cash from Bank? Ans.: Yes, for Salary. Tax : PAY CASH HANDLING TAX 11) Qus.: Where are you taking your client for Lunch & Dinner? Ans.: Hote...