Question
A registered dealer purchased inputs worth ₹1 lakh + GST @18% and sold goods for ₹1.5 lakh + GST @18%. What is the net GST payable?
More Taxation Related Questions
- A company has book profit of ₹20,00,000 for FY 2024-25. Its normal tax liability computed under the Income Tax Act is ₹3,50,000. During computation of boo...
- Mr. Y sold listed equity shares during the Financial Year 2024-25 after holding them for 18 months. The sale consideration amounted to ₹8,00,000, while the...
- Under the Income Tax Act, 1961, which section deals with deduction of tax at source (TDS) on salary?
- Which of the following inventory methods would reduce tax liability during inflationary period?
- Company turnover ₹20Cr, taxable income ₹2Cr. MAT liability? (MAT rate 15%)
- Under the Income Tax Act, "Residential Status" is determined for:
- The total of the discount column on the debit side of a cashbook is posted to the:
- The rate of Tax Deducted at Source (TDS) on payments of professional fees to a resident individual (if PAN is furnished) under Section 194J is generally:
- Which section of the Income Tax Act provides for a deduction of interest on a home loan for a self-occupied property?
- Mr. A (age 35) has a total income of ₹14,00,000. What is his tax liability for A.Y. 2024-25? (Assume no deductions)
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
