what is works contract tax (WCT)?

Ashish M (Chartered Accountant) (2731 Points)

17 December 2009  

Dear friends, while doing internal audit of a construction company, i came to know about this tax known as Works contract TAx. can u pls explain me teh same, (somewhat in detail) and give links from wehre this can be understood practically......

 

 

thanks in advance,.!!!