If renovation is made in college building like converting extra rooms into a class rooms labs etc. so what was the rate of work contract applicable for them i.e. in which case of work contract it comes.
bhavesh (article) (131 Points)
12 April 2014If renovation is made in college building like converting extra rooms into a class rooms labs etc. so what was the rate of work contract applicable for them i.e. in which case of work contract it comes.
rajesh deshpande
(FINANCE AND ACCOUNTS MNG)
(43 Points)
Replied 12 April 2014
There will be both TDS will be apply. 1 is Under sales tax & 2. Income tax at 2% of Co & 1% if individual. TDS is depend on value of W.C.
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