can Anyone tell me when the TDS on WCT is deducted and remittance to Govt. with reference of section in Maharashtra
abhinav kumar jain (student) (44 Points)
15 September 2012can Anyone tell me when the TDS on WCT is deducted and remittance to Govt. with reference of section in Maharashtra
Harshal Fifadra
(Chartered Accountant)
(1489 Points)
Replied 15 September 2012
TDS on WCT can be deducted when the amount of the sale consideration exceeds Rs.5,00,000 .
Rate of TDS : 2% for registered dealer
Rate of TDS : 4% for URD
Ok.......