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TDS Payable on WCT Setoff with VAT Receivable

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(Querist)
04 July 2009 Whether TDS payable on expense booking of WCT is eligible for set off against VAT receivable??
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Jitender

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Jitender (Expert)
05 July 2009 no.
becz TDS is payable under central act and vat is payable/ receivable under state act.
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Jitender

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Jitender (Expert)
05 July 2009 vat tds is also can't be set off against vat receivable becz input vat can be utilized against output vat only.
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CA Nitin Wadhwani

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CA Nitin Wadhwani (Expert)
05 July 2009 No.
You can't set it off.

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