24 May 2012
Its a general question about the concept of TDS under VAT in case of WCT sales. If my customer deducts TDS under VAT as per Vat Act of the respective state and as general he will deduct tds under 194C. As per IT, I can take the credit of 194C against my IT liability.So Is there any provision in states vat act, which can allow me to take credit for TDS under VAT.If there is no provision then does that mean, it will wipe off some part of my margin.
25 May 2012
Hi Kurmi, As per Sec 31 (4) of Maharashtra Value Added Tax act,2002 dealer can claim TDS against the certificate Form 402 issued by the employer.
25 May 2012
Hi Kurmi, As per Sec 31 (4) of Maharashtra Value Added Tax act,2002 dealer can claim TDS against the certificate Form 402 issued by the employer.
25 May 2012
Hi Kurmi, As per Sec 31 (4) of Maharashtra Value Added Tax act,2002 dealer can claim TDS against the certificate Form 402 issued by the employer.
25 May 2012
Hi Kurmi, As per Sec 31 (4) of Maharashtra Value Added Tax act,2002 dealer can claim TDS against the certificate Form 402 issued by the employer.
25 May 2012
Hi Kurmi, As per Sec 31 (4) of Maharashtra Value Added Tax act,2002 dealer can claim TDS against the certificate Form 402 issued by the employer.