My Question is regarding WCT.
During an audit of a company, i saw a contractor
consolidated invoice for installation at site in which it
shows labour charges and goods supply separately and no
service tax and vat is charged. The company pay the whole
amount to contractor after deducting TDS.

my question is whether WCT also deducted?
if deducted at which rate if company in gurgaon?


No Answer is Posted For this Question
Be the First to Post Answer

Post New Answer

More Taxation Interview Questions

IF WE PAY AUDITOR FEE FOR INCORPORATION WORK THEN UNDER WHAT GROUP IT COMES IN TALLY. 2. any other audit fee we paid suppose at the time of financal report preparing then it will comes at the same group or any other

1 Answers  


i am new to this tax system if you don't mine "please help me"

0 Answers  


what is limit of form "16" or "31",c-form & form "11" or 3b during the issued on one time.

0 Answers  


what is E.S.I, P.F rates and working notes

7 Answers  


I am a civil Engineer consultant. On an item for example Rs.100, I am adding 4%WCT ie., Rs.4 and I am certifying the contractor bill for Rs.100.00 + Rs.4.00 = Total Rs.104.00. But my client is deducting 4% on Rs.104.00 ie., Rs. 4.16. So, finally contractor is losing Rs. 0.16 on Rs. 100 which amounts to lakhs on the project value. Can you please guide me on this? Santosh Kumar

0 Answers  






1. what are the ledgers to be open for service tax accounting & under which group in tally? 2. what is the journal entry to be pass when adjusting input & output service tax at the end of the month? Regards Sakthivel sakthi_135@hotmail.com

2 Answers  


If X is an Professional Employee of ABC Ltd. and earning Rs.30000 pm (TDS u/s 194J is applicable) for Taxation purpose. Car loan has been taken on his income and Car has been registered on her wife's (spouse) name. EMI going through "X"'s (an employee)Bank account. Can he show the Interest on Car Loan in his IT returns???

2 Answers  


CAN FILL HARYANA SALE TAX RETURN ONLINE?IF FILL THEN HOW?WHAT IS THE PROCESSORS FOR FILLING HVAT RETURN?

1 Answers  


Can anyone please tell me how to account TDS RECEIVABLES. (In Receipt entry is it possible to show the break up of TDS deducted & balance payment recd in single entry

2 Answers   TATA,


About "H"form

2 Answers  


send me all current year taxation such that rates and exemptions or on which web site i have to prefer

0 Answers  


Can we get excise and VAT credit form staff welfare goods like shoes, uniform, goggles etc.?

0 Answers   SMTPL,


Categories