19 April 2012
If we have social activity charitable trust and we have to pay towards capitalised items under WIP construction building and we didn't have VAT registration, then should we deduct WCT TDS during making payment to civil Contractor or not.
21 April 2012
Under M VAT Act, as per notification issued under sect.31 No. JC(HQ)1/VAT/2005-97, Public and Private trusts are liable to deduct the tax at source from and out of the amount payable against payment of work contract.
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