Whether VAT/WCT is liable to deduct TDS u/s. 194c
This query is : Resolved
A. B. Manekar
(Querist)
18 June 2011
A Contractor given me a bill as below
Work Done 100.00
VAT 5% 5.00
Ser Tax 3.40% 3.40
Total Bill 108.40
Let me know on what amount TDS u/s. 194c of IT Act is to be deducted.
Work Done 100.00
VAT 5% 5.00
Ser Tax 3.40% 3.40
Total Bill 108.40
Let me know on what amount TDS u/s. 194c of IT Act is to be deducted.
Rakesh Jain
(Expert)
18 June 2011
Dear A.B.,
It should be on the gross value of invoice. please read explanation to sec. 194C.
With Regards,
It should be on the gross value of invoice. please read explanation to sec. 194C.
With Regards,
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