Can we deduct WCT TDS on Interstate WORKS CONTRACT ,
Example, Contractor is in Banglore, he has completed work
in Mahrashtra which involved Civil work, Furnitures,
fixtures & labour etc, Contractor has raised invoice on
service receiver adding 13.50% full CST +4.12% Service
charges on Total invoice amount, kindly clarify whether
Service receiver is eligible to deduct WCT TDS in
Maharashtra on invoice value of the contractor, if yes at
what rate ?
- 2 Answers
- 16342 Views
- Quest, I also Faced
- E-Mail Answers
Answer Posted / pankaj naidu
WCT-TDS is not required on Interstate Work Contract.
| Is This Answer Correct ? | 31 Yes | 6 No |
Post New Answer View All Answers
What is the limitation for loan from pvt ltd company to other sole proprietor company suppose 25 lakhs given. what is the rule at the time of income tax point of view. Please clarify anybody....
define double entry bookkeeping
how to calculated all taxes their information in details
taxes leivied on carpentar & plumbing services
Suppose there is a computer Inst. providing a course abc and the total fees for it is Rs.10000 per annum, now this institute gives the right to another institute to provide facility of that course on behalf of it and the fees amt. is bifercated to Regd. fees Rs. 2500, Exam fees Rs.500 and tution fees Rs.7000,now the former institute gives right to later ins. to take Rs.7000 and says that the amt. of regd. fees and Exam fees i.e Rs. 3000 must be given to it plus service tax, now we have to save the former ins. from paying service tax on Amt. 3000, how can we do this?
service tax
how will one calculate TDS when the bill is with service tax (SAY an AMC bill ) and what treatment will be there when it is a rent bill with service tax. is there any rules in income tax as to deduct double taxation?? pls help with rules sir
how we creat e-vat return in tally for punjab
WHEN I 1ST TIME VAT E-RETURN FILLING WHAT IS THE REQUIREMENT & HOW FOOL FILL THE REQUIRMENT , HOW I GET C FORM THROW VAT E-RETURN FILLING FOR THIS WHAT STEPS NEED FOR ANY REGESTRATION TO GET ID & PASSWORD IF ELSE , PLEASE GIVE ME THE ANSWER ON MY E.MAIL sonidilip87@yahoo.com
we are getting materials from outside the state and issuing form c to a local party, since the local party is consignee agent of party who sends the materials. what is name this type of transaction? is issuing form c correct and proper? please reply
HOW TO FILL UP WEST BENGAL VAT FORM 14. NOT TECHNICALLY I AM AWARE ABOUT THEIR MANUAL. BUT I WANT TO KNOW POINT BY POINT.
i paid tds through my bank account but i entered the assessment year as 2010-11(the current year) instead of 2011-12(actual assessment year). what is the remedy for this. how do i get refund for the wrongly paid sum. or is there any way to currect the assessment year?
DEFINATION OF INCOME TAX , WEALTH TAX , INDIRECT TAX ,DITECT TAX , AND CORPORATE TAX ?
what is the method of work contract tax computation
what is period VAT revised return can be filed?
