about wct in haryana
This query is : Resolved
24 January 2010
can cotractor deduct vat on that bill for which contractee also deduct wct on that payment.i want to know the method of wct deduction and use that tax credit in which manner?
24 January 2010
Swati
The contractor charges VAT on the bill raised for the work done. The contractee while making payment would deduct tax under both VAT and Income Tax Act.
Hope the above clarifies.
Regards
The contractor charges VAT on the bill raised for the work done. The contractee while making payment would deduct tax under both VAT and Income Tax Act.
Hope the above clarifies.
Regards
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