TDS on WCT
This query is : Resolved
13 May 2009
whether the TDS on the contract value is to be deducted after charging Service tax and VAT or before that on the gross figure???? what is the rate of TDS and also when the same is to be deducted at WCT or on contractor???
13 May 2009
It should be after charing Service Tax i.e. on gross amount
13 May 2009
TDS is to be deducted on the contract value including service tax. If vat is charged then that portion will be treated as purchases and TDS is not applicable for it.
The rate of TDS is 2.266%.
The rate of TDS is 2.266%.
13 May 2009
agree with expert
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
- Section 54 f disallowed will be taxed at what rate
- TWO FIRM NAME IN ONE GST NUMBER
- ITR -1 Filing
- Transportation of Petrol, Diesel by GTA and Other than GTA
- Eway issued more than one
- SEA GOING ALLOWANCE
- Transfer of Rectification Rights to the Jurisdictional Assessing Officer
- Trust 10AB form required for old asst. years?
- TDS whether applicable or not in case of Flat purchase
- Transfer of rectification rights to ao
- Utilisation of cgst cash ledger balance first to pay cgst liability instead of cgst credit ledger ba
- Pension Misclassification and Correction in Filed ITRs
- Gratuity payment criteria
- Procedure and Documents Required for Release of FD from DVAT
- How to rectify gstr1 credit note
- Non- payment of GST on supply of services- reg
- Other party gstin shown on my login id
- Accumulated surplus exceeding 15%
- Different GST Number MEESHO
- Query on TDS Section 194H
Trending Online Classes
CAclubindia
