Wct & tds
This query is : Resolved
20 March 2012
Dear Friends,
My company is situated in Haryana (Manesar) and recd invoice from civil contractors towards civil work done in factory premises. The invoice consists labour & materials. I want to know that should we deduct TDS (as per income tax ) or WCT (as per state VAT act) or Both on invoices.
Please advice.
Regards,
Sunil Das
My company is situated in Haryana (Manesar) and recd invoice from civil contractors towards civil work done in factory premises. The invoice consists labour & materials. I want to know that should we deduct TDS (as per income tax ) or WCT (as per state VAT act) or Both on invoices.
Please advice.
Regards,
Sunil Das
21 March 2012
Dear Sunil Das,
Both TDS @ 1% and WCT @ 2% would be deductible from invoices of Civil contractors.
Both TDS @ 1% and WCT @ 2% would be deductible from invoices of Civil contractors.
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