On tds/tcs, there is no education cess except on salary. But i have a doubt regarding wct i,e work contract tax. My question whether there is education cess on wct or not. Please clear my query;
CA Anoop Dangwal (CA, M.com, B.com,) (899 Points)
10 April 2011On tds/tcs, there is no education cess except on salary. But i have a doubt regarding wct i,e work contract tax. My question whether there is education cess on wct or not. Please clear my query;
U S Sharma
(glidor@gmail.com)
(21056 Points)
Replied 01 May 2011
WCT has two type of taxes
1) service tax + here education cess + secondary & Higher Secondary Education Cess
2) VAT ( no EC)
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)
CAclubindia
