Tax deduction from Works contracts to be on taxable turnover

Amit Bajaj , Last updated: 17 January 2011  
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Almost all States under their respective VAT laws have made provisions for deduction of VAT from payment to be made to the works contractors at the time of the payment (popularly known as works contract tax or VAT TDS on works contract). The Punjab VAT Act is no exception in this regard. Section

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Published by

Amit Bajaj
(Tax Attorney)
Category VAT   Report

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