Please tell about Work Contract Tax and How much % to be
deducted, Which type of contractors come under this WCT and
what is the procedure after deducting the Tax.
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Answer / manoj
WORK CONTRACT TAX IS ALSO CALLED AS LABOUR CONTRACT TAX IN INCOME TAX WORK CONTRACT TAX IS DEDUCTED UNDER SECTION 194C AT 2% ON 30,000 AND ABOVE VALUE p.a.. ITS IS DEDECTED ANS LABOUR CHARGES
| Is This Answer Correct ? | 3 Yes | 3 No |
assessee is a developer. menthod of accounting- mercantile. he sold a flat to party , registration has been done in financial year 2012-13. but he has taken the sale next financial year on the ground that one cheque has been credited in the next financial year. can the assessee's claim can be considered for taxation purpose
Is there any criteria for percentage define of TDS rates? and What is the major advantage of introducing DTC and GST by Central Govt?
this is regarding the C form. suppose Mr A registered dealer in Haryana and Mr B registered dealer in UP and Mr A issue a Purchase Order which include 4% CST on Price to Mr B for purchasing the goods. In this scenario, is Mr A is required to issue the Form C to Mr B?
On what amount of sale Excise Duty levied?
Total amount inclusive of tax is 1,00,000 1) ST @ 14.5% on 30% of value 2) COT @ 4% on 100% of value Please find the answer?
I am working as account in one of the logistics company for one year. I would like to know about service tax and how can I post necessary entries
Why Govt. Have Need of WCT.
2 Answers Novacom Digitronics, Vijai Electricals,
What dou mean by work contract?with example?
is tds applicable on octroi charges?
WHERE I NEED TO FILE CST PAYMENT? Can i file along with vat returns? what is the due date for every month?
What is the Procedure of Import & Export
as we are having are unit in a area where excise duty is not applicable and on my purchase i am paying excise duty can i take refund of the duty paid by me and what was is procedure? plz. replay to my on my id ngaggarwal@yahoo.com