Tds on wct

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

29 April 2012 Kindly let me know what is the procedure of application of TDS on WCT, which form should be apply & where ? TDS rate for registered dealer & unregistered dealer, return submission where if any ?

Thanks.

MJ Krishnamurthy

MJ Krishnamurthy (Expert)
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05 May 2012 Mr Author,
All State and Central govt offices,psus,semigovt bodies and notified large industries have to deduct TDS amount out of the payments to be made to a contractor equal to the the tax payble by him. This deducted amount has to be paid to the govt by next month(20th) along with form(Form125).A certifcte also has to be issued in form 156(IN Karnataka) In other states the procedure may vary slightly.
MJK

C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
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08 May 2012 Expert is very much correct and I agree with him

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Querist : Anonymous

Querist : Anonymous (Querist)

08 May 2012 Thanks a lot sir,but I want to know in which form should I apply for getting the tds No. on VAT in Maharashtra.

MJ Krishnamurthy

MJ Krishnamurthy (Expert)
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10 May 2012 Mr Author,
You have to check up with your VAT office.If the username and password given for e-filing of returns is not applicable,then submit a letter to the VAT officer to provide seperate username and password for on-line filing of TDS returns.That will meet your requiremnt.
MJK