NON DEDUCTION OF WCT
This query is : Resolved
19 May 2008
A COMPANY IS IN THE BUSINESS OF THE RESTAURANTS/FAST FOOD OUTLETS. WHILE MAKING PAYMENT FOR CONSTRUCTION/INTERIORS OF STORES/SHOPS IT HAS NOT DEDUCTED WCT UNDER DVAT ACT BUT DEDUCTED TDS UNDER INCOME TAX ACT. DOES NON DEDUCTION OF TDS HAS ANY DISLLOWANCE/LIABILITIES IN THE INCOME TAX ACT.
20 May 2008
Please expand WCT, DVAT.
20 May 2008
Non-deduction of TDS would attract disallowance u/s 40(a)(ia) of the Income Tax Act.The entire expenditure will be disallowed. However no disallowance will be attracted for non-deduction of Work Contract Tax under Delhi VAT Act.
20 May 2008
Non-deduction of TDS would attract disallowance u/s 40(a)(ia) of the Income Tax Act.The entire expenditure will be disallowed. However no disallowance will be attracted for non-deduction of Work Contract Tax under Delhi VAT Act.
20 May 2008
Non-deduction of TDS would attract disallowance u/s 40(a)(ia) of the Income Tax Act.The entire expenditure will be disallowed. However no disallowance will be attracted for non-deduction of Work Contract Tax under Delhi VAT Act.
20 May 2008
Non-deduction of TDS would attract disallowance u/s 40(a)(ia) of the Income Tax Act.The entire expenditure will be disallowed. However no disallowance will be attracted for non-deduction of Work Contract Tax under Delhi VAT Act.
20 May 2008
Non-deduction of TDS would attract disallowance u/s 40(a)(ia) of the Income Tax Act.The entire expenditure will be disallowed. However no disallowance will be attracted for non-deduction of Work Contract Tax under Delhi VAT Act.
21 May 2008
dear
Shrinavasraghavan. WCT is Work contract Tax or TDS under VAT Act & DVAT is Delhi Value Added Tax
Shrinavasraghavan. WCT is Work contract Tax or TDS under VAT Act & DVAT is Delhi Value Added Tax
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Price inclusive or exclusive of GST while made entry in P& L Account
- Gst registered proprietorship firm
- TDS Challan - change of FY 2025-26 to TY 2026-27
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- Dep. as per companies act
- Minimum tax payable to file Updated return
- Applicability of GST on Salary Reimbursement Component
- CHECK RELATED
- UDIN ISSUE
- Change Of Karta In Case of Death
- Non filing of I T Returns
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
