( Author )
27 December 2010
Please provide the circular for Works contract Tax TDS for Gujarat State
Clarification is also required for following:
Wether WCT TDS is applicable on single contract of value more than 100 Lacs or on total yearly turnover if it exceeds 100 Lacs?
Can we prints TDS certificate from SAP syatem.How can we define Tax Rate in the SAP system for TDS to be deducted.
If yearly turn over is more than 100 lacs and single work contract is not more than 100 lacs then in this case wether WCT TDS is deductable or not ?
Thanks and regards