Sec 194c of indian income tax act
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 June 2012
X limited a manufacturer, supplied water supply pipelines for laying under earth to an ULB amounting to Rs. 8 crore.
Please advice me whether TDS is deductible u/s 194C.
Also advice whether VAT is to be deducted or not?
Please advice me whether TDS is deductible u/s 194C.
Also advice whether VAT is to be deducted or not?
CA Himanshu Binani
(Expert)
23 June 2012
No TDS u/s 194C is deductible as it is a contract of mere supply of goods & also STDS i.e WCT is also not deductible as sec 40 of WBVAT Act does not apply as the above is not a work contract as per VAT Act
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