Dear friends please let me know, what % of amount has
deduct from vendors bill for civil supply and instollation
work
Answer Posted / ramachandra
(On assumption that your question is on IT TDS)If it is
single works contract with no separate billing break up for
supply and erection, than deduct 2% TDS on whole contract
value. If this works contract has separate billing break
up for supply and erection than deduct TDS only on erection
portion at 2%.
Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Type of form use in sales Tax
What we mean by MAT Credit Entitlement ???
What r the foll tax deductions for :- 1.TDS 2.WCT Give me answers in detail & give me some addtional info on these topics which would be helpful for me.
is WCT applicable one time? and what will be rate of WCT in UP State?
i want to know about Form c,D,E, E-1,E-2,F,G,H,I.WHEN IS LIABILITIES OF ISSUE OF ALL RELATED FORM ON SELLER AND BUYER.PLZ SEND THE ANSWER OF THIS QUESTION ON MY E-MAIL
What are all include taxation...? What is to be noted in the taxation...? Hints would be highly appreciated.
i want to learn income tax work please tell me about all dedutions exempations and income detail...how to calculate tax on net income
can we take 100% input of contractor service tax billing where service receiver have to pay 50% service tax
We need to know is their any govt notification for VAT & Service both applicable for one item or single invoices
How much is the VAT in UAE
We made full payment to contractor and forget to deduct TDS on that.Now contractor ledger is fully settled and we have to pass the TDS entries on that. Kindly guide rectify the entries on tds
Tell about dvat and dvat rate
what are the benifits available to become and EOU in all taxes, such as Income Tax, Sales Tax, Excise, Custom
can penalty be imposed under sec 96 of vat act west bengalfor goods destroyed or damaged
Sir we have maintaint RG 23 Part I Excise Register manually but we can maintaint excise register in Tally erp 9 we tray but tally not show properly RG 23 Part I Excise register like manual. please guide & solve the problme.