Work Contract Tax

Page no : 8

PRASUN RAY (boss) (27 Points)
Replied 18 May 2012

Originally posted by : S.Altaf Hussain

1.Whether WCT should be deducted on advance payment made to contractor?
2. Is WCT deducted only against running account bills?

 

WCT TDS is not applicable on advance payment as there is no transfer of property, it is to be dedcuted on running bills only.

 

 

 



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