What is WCT TDS? who is liable to deduct the WCT TDS?
Answer Posted / ram prakash upadhyay
Dear All
When any contarctor supply labour along with material, TDS
and WCT both will be deducted from invoice at time of
booking invoices.Suppose if you are SAP end user, it will
be automatically deducted at time of doing MIRO.One thing
more, if contractor is supply only material, not labour, so
WCT is not deducted and TDS will be deducted or else supply
labour in Tower erection work, then TDS and WCT both will
be deducted
| Is This Answer Correct ? | 9 Yes | 3 No |
Post New Answer View All Answers
If any new form open than we are able to deduct TDS on first year
calculation of Tds on subcontractor
I AM A/C'S MANAGER IN CONSTRUCTION CO.WE TAKE TRANSIT MIXTURE ON RENT BASE FROM OUTSIDER.THE SUPPLIER CHARGE VAT ON THAT MACHINERY @ 15%,IS IT TRUE? IF YES PL.SAY ME WHICH SECTION APPLY UNDER THIS LAW OR NOTIFICATION OR CIRCULER FROM COMMERCIAL TAX DEPATMENT.
i dont no what is tcs and tds what the use and how to calculate Tcs&Tds
What is calculate of tds
cgl2012 tier1 mein 62.50 marks they or mera naam TA wali list mein tha but mainey Auditor ko 1st prefernce choose kia tha tier2 mein maths mein 142 or english mein 104.50 marks aaye but fir bhi mera naam only list4 TA main tha or mujhey DEST typing test dena parha i want to know that agar main TA k liye typing test pass ahi kar pata to kya mujhey koi bhi post milegi. pls anybody knows tell me.
what is a rule for issue form 38 and tham form c any purchaser can issue form 38 or there is certain rule and regulation.
I have working with Rs.180000/- I want fill up itr 1st time What is process.
DEFINATION OF CONTRACT ACT IN PARTNER SHIP FIRM AND COMPANY?
Ganesh & Gopal joined a firm drawing salary of Rs 25000 per month.After serving 3 yrs ,they started business of their own in partnership,contributing Rs200000(expected life 10 yrs,bought spare parts worth Rs 33000 from Kundu on credit.Office supplies were purchased for cash.Initially they were very busy in conducting their business operations but by the end of the 1st year,31/12/2005 they were disappointed when they found their bank balances.Following is the summary of their bank statement. Receipts: Share Capital Rs 250000 Collections from Customers 412000 Payments: Equipment 200000 Salaries of Assistants 88000 Rent advance for 2 yrs 96000 On-year ins. Policy on equipment 12000 Office stationery 27000 Payment to Kundu 29000 Withdrawals of Ganesh 90000 Withdrawals of Gopal 90000 Closing balance c/d 30000 ----------- Total : 6,62,000 Still amount receivable from customers for services to them amounted to Rs 30,000 & closing balance of office stationery is Rs2000,spare parts Rs2600 were utilised by the end of the year .Prepare trial balance with the available information and show total. Also what is the net profit.
how to generate H-form and procedure for generate?
plzzzzzz help me friend my question is, is the tds of part of income tax and when it deduct from salary and why becose tds is deduct only secoundry primary income like lotory etc..
Dear Friends, Hai, i want to Know that How To Fill ETDS Return. Kindly Tell I'wll we very thankful to you. Deepak Gupa
WHEN FORM VAT R-2 USE?
how & on which amt tax should be calculate on pvt ltd company or ltd company