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What is the interest amount for late filling of returns under tn VAT act?
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∙ 10y ago
Belated filing of returns under Tamil Nadu Value Added Tax Act 2006 will attract interest at the rate of two per cent per month in addition to the tax amount due for the entire period of default with effect from 29.5.2013 and prior to 29.5.2013 at the rate of one and a quarter per cent under Section 42 of the TNVAT Act, 2006.
Reply from:
ABHIVIRTHI Tax and Industrial Consultancy
R.R.JAGADEESAN
VAT PRACTITIONER AND INDUSTRIAL CONSULTANT
H-63, PALAAMI ENCLAVE
NEW NATHAM ROAD
MADURAI-625 014
CELL. 9994990599
Wiki User
∙ 10y ago
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Does interest payable go on a balance sheet?
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Days of the week tax returns come?
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Does long term debt and short term portion of long term debt include interest?
No. Only the current amount of interest due and/or accrued is shown as Interest Payable under Current Liabilities.
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Accrued interest paid on a bond bought between interest payment dates is shown on Form 1099-INT (Interest Income). Include the amount of interest in Part I (Interest) line 1 (List name of payer) of Schedule B (Interest and Ordinary Dividends). Under your last entry, subtotal all the interest listed, write 'Accrued Interest' with the amount paid to the seller. That amount isn't taxable to you. Subtract it from the subtotal and enter the result on line 2 and also on line 8a of Form 1040. For more information, go to www.irs.gov/formspubs for Publication 550 (Investment Income and Expenses).
Oem carburetor keeps filling up and overflowing filling up the engine with fuel?
float valve most likely has some grit under it or the float is bad or out of adjustment this part of the carburetor regulates the amount of fuel into the bowl from the fuel pump ASE certified master tech / L1
What is the amount where you don't pay federal taxes?
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If a dog were filling out a resume he might list his mastery of thus game under skills?
If a dog were filling out a resume he might list his mastery of the game fetch under skill. The required answer was: Fetch. Thankx
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How do you perfect a security interest in a negotiable instrument?
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What would happen if you placed twice the amount of oil in the car?
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Per diem is taxable under certain circumstances. Those circumstances are if no expense is filed , if the report doesn't include the date, place, amount, time,Êand business purpose of the trip, if a flat amount is given to the employee and no report is required, or if the amount is more than the federal allowable amount.
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